HEALING FARM MINISTRIES (EIN 320029626) - 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

2002

Legal Domicile

Principal Officer

TRON SEVERE

Phone

8437692549

Tax Period

2024-01-01 to 2024-12-31

HEALING FARM MINISTRIES, founded in 2002, is a small nonprofit in the Recreation & Sports sector that reported $301K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $266K left a modest 12% surplus.

Mission

TO PROVIDE HOPE AND OPPORTUNITY TO PEOPLE WITH DISABILITIES AND THEIR FAMILIES, WHILE TEACHING THE COMMUNITY TO DO THE SAME.

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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 (2024)

Revenue Breakdown

Contributions & Grants $228,390

Program Service Revenue $63,598

Investment Income $0

Other Revenue $9,421

TOTAL REVENUE $301,409

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,917

Fundraising Expenses $0

Program Expenses $187,887

Other Expenses $91,756

TOTAL EXPENSES $265,673

Year-over-Year Comparison

	2024	2023	Change
Revenue	$301,409	$244,314	+0.2%
Expenses	$265,673	$217,246	+0.2%
Net Income	$35,736	$27,068	+0.3%

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

Volunteers

N/A

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

$63,302

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRON SEVERE	EXECUTIVE DI	40.00	Officer	$63,302	$0	$63,302
BENJAMIN AKERY	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
PAUL APTED	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNA BALEGNO	SECRETARY	1.00	Officer Director	$0	$0	$0
TONY VINCET	TREASURER	1.00	Officer 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
2024	$301,409	$265,673	$201,590	$35,736
2023	$244,314	$217,246	$168,956	$27,068
2022	$235,279	$183,247	$148,419	$52,032
2021	$222,114	$204,645	$102,462	$17,469

HEALING FARM MINISTRIES