Brave Hearts for Strong Minds (EIN 453973220) - 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

2011

Legal Domicile

Principal Officer

Rita DiGiacomo

Phone

6107646561

Tax Period

2024-01-01 to 2024-12-31

Brave Hearts for Strong Minds, founded in 2011, is a micro nonprofit in the Education sector that reported $39K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $47K exceeded revenue, resulting in a 20% operating deficit.

Mission

Providing educational support for children who have lost an income producing parent

🔒

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 $45,432

Program Service Revenue $0

Investment Income $0

Other Revenue $-6,500

TOTAL REVENUE $38,932

Expense Breakdown

Grants Paid $34,000

Salaries & Benefits $7,892

Fundraising Expenses $1,419

Program Expenses $34,000

Other Expenses $4,782

TOTAL EXPENSES $46,674

Year-over-Year Comparison

	2024	2023	Change
Revenue	$38,932	$43,750	-0.1%
Expenses	$46,674	$46,825	0.0%
Net Income	$-7,742	$-3,075	+1.5%

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

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

$7,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrea Wentzell	Operations Manager	015.00	Director	$0	$0	$7,200
Rita R DiGiacomo	President, Treasurer	005.00	Officer Director	$0	$0	$0
Dan Moher	Vice President	005.00	Officer Director	$0	$0	$0
Ryan Stilwell	Secretary	005.00	Officer Director	$0	$0	$0
Denise Dotzman	Board Member	005.00	Director	$0	$0	$0
Judi Schmitz	Board Member	005.00	Director	$0	$0	$0
Jen Piling	Board Member	005.00	Director	$0	$0	$0
Novella Carlo	Youth Representative	N/A	Director	$0	$0	$0
Matthew DiGiacomo	Youth Representative	N/A	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	$38,932	$46,674	$12,698	$-7,742
2023	$43,750	$46,825	$20,460	$-3,075
2022	$46,588	$43,367	$23,558	$3,221
2021	$54,447	$51,198	$20,342	$3,249
2020	$37,140	$38,391	$17,092	$-1,251
2019	$45,529	$48,463	$18,444	$-2,934
2018	$78,617	$82,021	$21,498	$-3,404

Brave Hearts for Strong Minds