HEART BASED INSTITUTE

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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

2001

Legal Domicile

Principal Officer

JOHN FAHERTY

Tax Period

2020-01-01 to 2020-12-31

HEART BASED INSTITUTE, founded in 2001, is a micro nonprofit in the Mental Health sector that reported $45K in total revenue in fiscal year 2020. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $23K, a strong 50% operating margin.

Mission

PROVIDE EDUCATION AND PROGRAMS SUPPORTING INDIVIDUALS, ORGANIZATIONS, AND COMMUNITIES WORLDWIDE TO LEARN AND ENJOY THE BENEFITS OF HEART CENTERED LIVING.

Program Service Accomplishments

Program 1

Expenses: $15,905

HEART BASED THERAPEUTICS (TM) TRAINING PROGRAM

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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 (2020)

Revenue Breakdown

Contributions & Grants $44,673

Program Service Revenue $0

Investment Income $615

Other Revenue $0

TOTAL REVENUE $45,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $105

Program Expenses $15,905

Other Expenses $22,673

TOTAL EXPENSES $22,673

Year-over-Year Comparison

	2020	2019	Change
Revenue	$45,288	$34,538	+0.3%
Expenses	$22,673	$53,386	-0.6%
Net Income	$22,615	$-18,848	-2.2%

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

280

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
KURT VALLE	MEMBER AT LARGE	5.00	Director	$0	$0	$0
DERICK CARTER	MEMBER AT LARGE	5.00	Director	$0	$0	$0
CHRISTINA DUBACH	MEMBER AT LARGE	5.00	Director	$0	$0	$0
SEXTON	MEMBER AT LARGE	5.00	Director	$0	$0	$0
ED RUBENSTEIN	MEMBER AT LARGE	15.00	Director	$0	$0	$0
JIM VAN HUYSSE	VICE PRESIDENT	15.00	Director	$0	$0	$0
JOHN FAHERTY	CHAIR	7.00	Officer	$0	$0	$0
KATHY DURAND	TREASURER	7.00	Officer	$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
2020	$45,288	$22,673	$195,804	$22,615
2019	$34,538	$53,386	$173,135	$-18,848
2018	$44,568	$64,873	$191,779	$-20,305