HEART REACH CARMEL INC (EIN 272016797) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Pierre Twer

Phone

3172893140

Tax Period

2025-01-01 to 2025-12-31

HEART REACH CARMEL INC, founded in 2010, is a small nonprofit in the Health Care sector that reported $241K in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $99K, a strong 41% operating margin.

Mission

The mission of Bolt for the Heart is to serve the community particularly those affected by heart disease through education financial support and direct assistance. Through sponsored events such as family runs funding is obtained which allows us to purchase automated external defibrillators and donate these AEDs to first responders and other non-profit organizations. Having an AED has been proven to reduce the risk of death from sudden cardiac arrest.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $57,378

Program Service Revenue $183,843

Investment Income $0

Other Revenue $0

TOTAL REVENUE $241,221

Expense Breakdown

Grants Paid $45,240

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $109,340

Other Expenses $97,308

TOTAL EXPENSES $142,548

Year-over-Year Comparison

	2025	2024	Change
Revenue	$241,221	$275,428	-0.1%
Expenses	$142,548	$215,304	-0.3%
Net Income	$98,673	$60,124	+0.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pierre Twer	President	15.00	Officer Director	$0	$0	$0
Tim Thoman	Director	0.00	Director	$0	$0	$0
Mike Highum	Director	0.00	Director	$0	$0	$0
Greg Elsner	Director	0.00	Director	$0	$0	$0
Greg Dedinsky	Director	0.00	Director	$0	$0	$0
Mark Fisch	Director	0.00	Director	$0	$0	$0
Doug Carter	Director	0.00	Director	$0	$0	$0
Erin Uber	Director	0.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$241,221	$142,548	$186,007	$98,673
2024	$275,428	$215,304	$87,334	$60,124
2023	$289,717	$424,453	$27,210	$-134,736
2022	$257,822	$133,187	$161,946	$124,635
2021	$322,110	$313,705	$37,950	$8,405
2020	$214,558	$194,604	$28,906	$19,954

HEART REACH CARMEL INC