HEALING BUDDIES INC

EIN: 331114811 501(c)(3) Health Care

LAKEWOOD, CO

Total Revenue
$156,022
Total Expenses
$145,184
Total Assets
$78,654
Net Assets
$72,765
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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

Principal Officer
SANDY PRIESTER
Phone
3034255670
Tax Period
2024-01-01 to 2024-12-31

HEALING BUDDIES INC is a small nonprofit in the Health Care sector that reported $156K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $145K left a modest 7% surplus.

Mission

LIFESPARK CANCER RESOURCES PROVIDES PEACE AND HEALING FOR INDIVIDUALS WITH CANCER AND THEIR CAREGIVERS. REIKI AND HEALING TOUCH SESSIONS ARE OFFERED AT NO COST. IN AN INFORMAL SURVEY OF 35 PATIENTS AT THE ANSCHUTZ CANCER CENTER, PARTICIPANTS REPORTED ANXIETY AND STRESS DECREASED BY TWO-THIRDS AND PAIN DECREASED BY ONE-THIRD AFTER A SINGLE SESSION. LIFESPARK'S SERVICE AREA IS THE COLORADO FRONT RANGE FROM FT. COLLINS TO COLORADO SPRINGS. SESSIONS ARE PROVIDED AT PARTNER LOCATIONS INCLUDING UCHEALTH ANSCHUTZ CANCER CENTER, UCHEALTH HIGHLANDS RANCH HOSPITAL, UCHEALTH POUDRE VALLEY HOSPITAL, DENVER HEALTH MEDICAL CENTER, AND NUMEROUS CHURCHES AND SPAS. REMOTE SESSIONS ARE AVAILABLE ANYWHERE IN THE US. LIFESPARK ALSO COLLABORATES ON RESEARCH INITIATIVES TO EVALUATE THE BENEFITS OF REIKI AND HEALING TOUCH FOR INDIVIDUALS WITH CANCER.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $150,282
Program Service Revenue $5,740
Investment Income $0
Other Revenue $0
TOTAL REVENUE $156,022

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,249
Fundraising Expenses $27,161
Program Expenses $105,716
Other Expenses $61,935
TOTAL EXPENSES $145,184

Year-over-Year Comparison

2024 2023 Change
Revenue $156,022 $140,237 +0.1%
Expenses $145,184 $132,143 +0.1%
Net Income $10,838 $8,094 +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

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Governance

Voting Members
8
Independent Members
8
Employees
3
Volunteers
100

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
3
$0
Total Directors
8
$47,260
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RON RIPP PRESIDENT N/A
Officer Director
$0 $0 $0
LAUREL HUGHES SECRETARY N/A
Officer Director
$0 $0 $0
NAGESH ANUPINDI TREASURER N/A
Officer Director
$0 $0 $0
MOLLY ALDRICH DIRECTOR N/A
Director
$0 $0 $0
GETA SANGANEE DIRECTOR N/A
Director
$0 $0 $0
VICTORIA THOMPSON DIRECTOR N/A
Director
$0 $0 $0
ANDREA VENENGA DIRECTOR N/A
Director
$0 $0 $0
SANDY PRIESTER EXECUTIVE DI 40.00
Director
$47,260 $0 $47,260
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 $156,022 $145,184 $78,654 $10,838
2024 $156,022 $145,184 $78,654 $10,838
2023 $140,237 $132,143 $65,025 $8,094
2022 $115,995 $147,287 $63,081 $-31,292
2019 $123,514 $135,036 $35,847 $-11,522
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