Home Heart (EIN 411740253) - 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

1992

Legal Domicile

Principal Officer

Douglas Frey PHD

Phone

9529202789

Tax Period

2023-11-01 to 2024-10-31

Home Heart, founded in 1992, is a micro nonprofit in the Religion sector that reported $77K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

Charitable religious

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $10,705

Program Service Revenue $66,100

Investment Income $0

Other Revenue $0

TOTAL REVENUE $76,805

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,400

Fundraising Expenses $1,050

Program Expenses $71,109

Other Expenses $30,061

TOTAL EXPENSES $78,461

Year-over-Year Comparison

	2023	2022	Change
Revenue	$76,805	$83,942	-0.1%
Expenses	$78,461	$81,400	0.0%
Net Income	$-1,656	$2,542	-1.7%

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

$72,400

Total Directors

$72,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Douglas Frey PHD	President	25.00	Officer Director	$48,400	$24,000	$72,400
Susan K Frey	Vice President	3.00	Officer Director	$0	$0	$0
William Harnist	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	$76,805	$78,461	$969	$-1,656
2023	$83,942	$81,400	$2,625	$2,542
2022	$78,947	$73,892	$469	$5,055

Home Heart