HEART HOUSE INC (EIN 352036398) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

TED HAMBRICK

Phone

8129264890

Tax Period

2024-01-01 to 2024-12-31

HEART HOUSE INC, founded in 1998, is a small nonprofit in the Human Services sector that reported $472K in total revenue in fiscal year 2024. Expenses of $589K exceeded revenue, resulting in a 25% operating deficit.

Mission

PROVIDE LOW INCOME AND TRANSITIONAL HOUSING TO THOSE IN NEED IN THE AURORA, IN AREA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $179,020

Program Service Revenue $279,668

Investment Income $4

Other Revenue $13,091

TOTAL REVENUE $471,783

Expense Breakdown

Grants Paid $0

Salaries & Benefits $210,894

Fundraising Expenses $0

Program Expenses $531,724

Other Expenses $377,928

TOTAL EXPENSES $588,822

Year-over-Year Comparison

	2024	2023	Change
Revenue	$471,783	$490,494	0.0%
Expenses	$588,822	$612,732	0.0%
Net Income	$-117,039	$-122,238	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$65,183

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TED HAMRICK	PRESIDENT	2.00	Officer Director	$0	$0	$0
MIKE FILICE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MEL OBERMEYER	SECERTARY	2.00	Officer Director	$0	$0	$0
EMILY WALLEN	TREASURER	2.00	Officer Director	$0	$0	$0
RYAN JOHNSON	CURRENT EXE DIRECTOR	40.00	Director	$65,183	$0	$65,183

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	$471,783	$588,822	$1,421,807	$-117,039
2023	$490,494	$612,732	$1,469,287	$-122,238
2022	$359,556	$475,831	$1,519,612	$-116,275
2021	$469,954	$510,748	$1,677,055	$-40,794
2020	$386,423	$471,301	$1,741,949	$-84,878
2019	$327,819	$408,477	$1,821,254	$-80,658

HEART HOUSE INC