HEM Foundation Inc (EIN 365061236) - 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

2023

Legal Domicile

Principal Officer

Maya Bloomberg

Phone

4102071107

Tax Period

2024-01-01 to 2024-12-31

HEM Foundation Inc, founded in 2023, is a micro nonprofit in the Education sector that reported $22K in total revenue in fiscal year 2024. The organization ran a surplus of $14K, a strong 64% operating margin.

Mission

HEM Foundation Inc. is dedicated to transforming health through holistic education empowerment and community engagement. In 2024 we launched the THRIVE event a flagship initiative offering interactive workshops integrative health education and supportive resources aimed at empowering individuals to improve mental health and overall well-being.

🔒

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 $21,771

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $21,771

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,276

Other Expenses $7,856

TOTAL EXPENSES $7,856

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,771	N/A	N/A
Expenses	$7,856	N/A	N/A
Net Income	$13,915	$0	N/A

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Maya Bloomberg	President and Board Member	2.00	Officer Director	$0	$0	$0
David Bennett	Treasurer and Board Member	1.00	Officer Director	$0	$0	$0
Drew Bloomberg	VP and Board Member	1.00	Officer Director	$0	$0	$0
Devanne Barr	Board member	1.00	Director	$0	$0	$0
Eboni Davis-Townsent	Board Member	1.00	Director	$0	$0	$0
Robb Williamson	Board Member	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	$21,771	$7,856	$13,915	$13,915

HEM Foundation Inc