HEARTLAND HOMES OPTIONS IN COMMUNITY LIVING INC (EIN 411283137) - 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

1976

Legal Domicile

Principal Officer

TIM ULVIN

Phone

2187324572

Tax Period

2024-01-01 to 2024-12-31

HEARTLAND HOMES OPTIONS IN COMMUNITY LIVING INC, founded in 1976, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2024. Expenses of $2.6M left a modest 4% surplus.

Mission

TO PROVIDE RESIDENTIAL SERVICES WHICH WILL EMPOWER PERSONS WITH DISABILITIES TO LIVE THEIR BEST LIFE POSSIBLE.

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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 $37,709

Program Service Revenue $2,662,637

Investment Income $67,029

Other Revenue $1,805

TOTAL REVENUE $2,769,180

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,188,612

Fundraising Expenses $6,266

Program Expenses $2,230,176

Other Expenses $460,558

TOTAL EXPENSES $2,649,170

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,769,180	$2,646,057	+0.0%
Expenses	$2,649,170	$2,494,449	+0.1%
Net Income	$120,010	$151,608	-0.2%

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

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

$103,331

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL SIMPSON	EXECUTIVE DIRECTOR	40.00	Officer	$101,562	$1,769	$103,331
TIM ULVIN	CHAIR	1.00	Officer Director	$0	$0	$0
CYNTHIA LITTLE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JASON FUNK	DIRECTOR	1.00	Director	$0	$0	$0
RUSS KELLER	TREASURER	1.00	Officer Director	$0	$0	$0
LORETTA NILSON	SECRETARY	1.00	Officer 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	$2,769,180	$2,649,170	$3,008,924	$120,010
2023	$2,646,057	$2,494,449	$2,867,964	$151,608
2022	$2,482,978	$2,464,219	$2,711,584	$18,759
2021	$2,377,457	$2,269,335	$2,685,825	$108,122
2020	$2,631,371	$2,265,400	$2,592,305	$365,971
2019	$2,051,172	$2,036,031	$2,241,401	$15,141
2018	$2,106,784	$2,043,500	$2,229,907	$63,284

HEARTLAND HOMES OPTIONS IN COMMUNITY LIVING INC