HEALING BUDDIES INC

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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 IS A NONPROFIT VOLUNTEER ORGANIZATION THAT PROVIDES PEACE AND HEALING TO CANCER PATIENTS AND THEIR CAREGIVERS THROUGH REIKI AND HEALING TOUCH THERAPIES. WE SERVE INDIVIDUALS WITH CANCER AND THE ONCOLOGY MEDICAL COMMUNITY THROUGH EDUCATION, TRAINING, ADVOCACY, AND THE DELIVERY OF BOTH IN-PERSON AND REMOTE SESSIONS. OUR CORE VALUES ARE COMPASSION, INTEGRITY, SERVICE, PROFESSIONALISM, AND RESPECT.

Program Service Accomplishments

Program 1

Expenses: $63,013

LIFESPARK CANCER RESOURCES IS A NON-PROFIT VOLUNTEER SERVICE ORGANIZATION THAT PROVIDES SUPPORT AND CARE FOR INDIVIDUALS WITH CANCER AND THEIR CAREGIVERS THROUGH THE USE OF REIKI AND HEALING TOUCH...

LIFESPARK CANCER RESOURCES IS A NON-PROFIT VOLUNTEER SERVICE ORGANIZATION THAT PROVIDES SUPPORT AND CARE FOR INDIVIDUALS WITH CANCER AND THEIR CAREGIVERS THROUGH THE USE OF REIKI AND HEALING TOUCH THERAPIES. LIFESPARK PROVIDES THESE SESSIONS AT HOSPITALS, CHURCHES, SPAS, AND OTHER LOCATIONS, AS WELL AS REMOTE OPTIONS. SESSIONS ARE OFFERED AT NO COST

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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 $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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

$47,260

Key Employees

Highest Compensated

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