HERITAGE MISSION FOUNDATION INC (EIN 364532193) - 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

2003

Legal Domicile

Principal Officer

BENJAMIN L MAINS

Phone

2606379980

Tax Period

2024-01-01 to 2024-12-31

HERITAGE MISSION FOUNDATION INC, founded in 2003, is a small nonprofit in the Education sector that reported $193K in total revenue in fiscal year 2024. Revenue surged 572% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 43% operating margin.

Mission

SUPPORTING ORGANIZATION FOR ANNETTE MAINS MINISTRIES, INC.

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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 $0

Program Service Revenue $0

Investment Income $192,847

Other Revenue $0

TOTAL REVENUE $192,847

Expense Breakdown

Grants Paid $100,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $100,287

Other Expenses $10,817

TOTAL EXPENSES $110,817

Year-over-Year Comparison

	2024	2023	Change
Revenue	$192,847	$28,700	+5.7%
Expenses	$110,817	$84,320	+0.3%
Net Income	$82,030	$-55,620	-2.5%

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

Employees

N/A

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

$113,200

Total Directors

$199,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEANETTE S QUILHOT	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DAVID L MAINS	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$25,200
BENJAMIN L MAINS	SECRETARY	1.00	Officer Director	$0	$23,800	$88,000
JOHN W QUILHOT	TREASURER	1.00	Officer Director	$0	$0	$0
ADAM L MAINS	DIRECTOR	1.00	Director	$0	$23,800	$86,200
RICHARD HAWKS	DIRECTOR (THRU 12/24)	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
2025	No data	No data	No data	No data
2024	$192,847	$110,817	$687,900	$82,030
2023	$28,700	$84,320	$618,342	$-55,620
2022	$13,665	$63,084	$673,962	$-49,419
2021	$35,302	$68,084	$722,381	$-32,782
2020	$4,034	$75,421	$755,163	$-71,387
2019	$34,562	$85,087	$826,550	$-50,525
2018	$46,548	$80,544	$877,075	$-33,996
2018	$46,548	$80,544	$877,075	$-33,996

HERITAGE MISSION FOUNDATION INC