Arlington, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hearts of Empowerment Inc, founded in 2018, is a small nonprofit in the Human Services sector that reported $224K in total revenue in fiscal year 2022. The organization ran a surplus of $73K, a strong 32% operating margin.
We are committed to creating long-term, sustainable solutions for communities in need. We believe that providing equitable opportunities is key to breaking the cycle of inequity, with the hope that those we serve never need our services again. To achieve this goal, we work closely with local partners and community leaders to identify and address the root causes of need. Our projects are thoughtfully designed to empower individuals and communities to take control of their own futures, and to build the skills and resources they need to thrive. With your support, we can create real and lasting change in the lives of those we serve. Together, we can make the world a more just and equitable place, where everyone has the opportunity to reach their full potential. Join us in this mission and make a difference today.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $192,110 | $223,882 | -0.1% |
| Expenses | $228,915 | $151,366 | +0.5% |
| Net Income | $-36,805 | $72,516 | -1.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CORREY FACIANE | CEO | 40.00 |
Director
|
$33,275 | $0 | $33,275 |
| JHUNVAE KIM | Director | 40.00 |
Officer
|
$3,027 | $0 | $3,027 |
| WILLIAM REYES | CCO | 40.00 |
Officer
|
$0 | $0 | $0 |
| NIKHIL DATTA | COO | 40.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $192,110 | $228,915 | $66,701 | $-36,805 |
| 2022 | $223,882 | $151,366 | $115,270 | $72,516 |
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