Hart Research Center Inc (EIN 330440827) - 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

1990

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

Hart Research Center Inc, founded in 1990, is a small nonprofit in the Religion sector that reported $970K in total revenue in fiscal year 2024. Expenses of $2.0M exceeded revenue, resulting in a 104% operating deficit.

Mission

Actively fulfill the Gospel Commission by impacting commitment and action for Jesus Christ in both clergy and lay persons through research and development of creative ideas and concepts for materials and methodologies to equip people with effective outreach tools.

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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 $855,321

Program Service Revenue $114,918

Investment Income $0

Other Revenue $0

TOTAL REVENUE $970,239

Expense Breakdown

Grants Paid $811,900

Salaries & Benefits $339,295

Fundraising Expenses $0

Program Expenses $1,978,705

Other Expenses $827,510

TOTAL EXPENSES $1,978,705

Year-over-Year Comparison

	2024	2023	Change
Revenue	$970,239	$921,069	+0.1%
Expenses	$1,978,705	$1,326,832	+0.5%
Net Income	$-1,008,466	$-405,763	+1.5%

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

N/A

Employees

N/A

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

Total Directors

$127,010

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Daniel F Houghton	President	20.00	Director	$122,210	$0	$122,210
Robin Ferguson	Treasurer	1.00	Director	$4,800	$0	$4,800
Tom Mostert	Secretary	1.00	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
2024	$970,239	$1,978,705	$3,145,368	$-1,008,466
2023	$921,069	$1,326,832	$4,170,496	$-405,763
2022	$266,016	$579,664	$4,586,212	$-313,648
2021	$251,890	$476,737	$4,901,088	$-224,847
2020	$704,714	$333,094	$5,616,657	$371,620
2019	$419,015	$173,528	$5,282,806	$245,487
2018	$440,082	$382,505	$5,083,912	$57,577

Hart Research Center Inc