MEMPHIS, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WISEHEART FOUNDATION INC, founded in 2012, is a small nonprofit in the Religion sector that reported $349K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $79K, a strong 23% operating margin.
WISEHEART FOUNDATION WAS FORMED TO CONNECT PHILANTHROPIC CHRISTIAN DONORS WITH AN AVENUE TO ENHANCE THE TAX ADVANTAGES OF A CHARITABLE FOUNDATION, WHILE GROWING AND EMPOWERING THE DONOR'S ABILITY TO SUPPORT GOD HONORING MINISTRIES AND OTHER NOT-FOR-PROFIT ORGANIZATIONS IN A WAY TO MAXIMIZE THE GREATEST IMPACT.
THE WISEHEART FOUNDATION'S FOCUS IS TO PARTNER WITH OR COME ALONGSIDE WELL OPERATED AND VETTED GOD-HONORING CHARITIES, MINISTRY GROUPS AND OTHER ORGANIZATIONS TO ASSIST THEM WITH RESOURCES...
THE WISEHEART FOUNDATION'S FOCUS IS TO PARTNER WITH OR COME ALONGSIDE WELL OPERATED AND VETTED GOD-HONORING CHARITIES, MINISTRY GROUPS AND OTHER ORGANIZATIONS TO ASSIST THEM WITH RESOURCES, STRATEGIES AND FUNDING TO HELP THEM FULFILL THEIR MISSION OR PURPOSE. WE WORK DILIGENTLY TO CONNECT OUR DONORS WITH THESE MINISTRIES AND/OR OTHER ORGANIZATIONS AND HELP THEM BE EMPOWERED IN THEIR WORK. WISEHEART WORKS CONTINUALLY TO MINIMIZE THE OPERATIONAL COSTS OF THE FOUNDATION TO MAXIMIZE THE FUNDING ABILITY IN SUPPORT OF THESE CHARITIES. FUNDING OF OPERATIONS COMES FROM A 1% ANNUAL FEE CHARGED AGAINST ALL DONOR ADVISED FUNDS. OVERSIGHT AND APPROVAL OF ALL FUND CHARGES AS WELL AS GRANTS GIVEN IS UNDER THE GUIDELINES ESTABLISHED FOR SUCH PURPOSES AND APPROVED BY THE BOARD OF DIRECTORS. MANAGEMENT COSTS ARE KEPT TO A MINIMUM TO MAXIMIZE THE ABILITY OF OUR DONORS TO GIVE TO EFFECTIVE MINISTRY CAUSES AND ARE ALWAYS TRANSPARENT. WISEHEART STANDS IN THE GAP BETWEEN DONORS AND MINISTRIES OR ORGANIZATIONS TO HELP DONORS MAKE MORE EFFECTIVE CONTRIBUTIONS AND ACCOMPLISH THEIR PHILANTHROPIC GOALS.WE UNDERSTAND THAT MANY DONORS ARE NOT SATISFIED WITH THEIR CHARITABLE GIVING AND FEEL UNSURE WHETHER OR NOT THEIR DONATION IS MAKING A DIFFERENCE. WE UNDERSTAND THAT IT IS DIFFICULT FOR MANY TO KNOW IF A PARTICULAR MINISTRY IS DOING VALID WORK. WISEHEART EXISTS TO PROVIDE DONORS WITH STRATEGIC GIVING OPTIONS TO TRUST THAT THEIR CONTRIBUTIONS ARE EFFECTIVE AND USED FAITHFULLY. WISEHEART ASPIRES TO HELP THE DONOR GIVE GENEROUSLY AND EFFECTIVELY TO AN ORGANIZATION OR GOD-HONORING CAUSE FOR WHICH THEY HAVE A PASSION. WE WANT TO HELP OUR DONORS: *DESIGN A GIVING STRATEGY TO MAXIMIZE CHARITABLE GIFTS ALIGNED WITH THEIR PASSION
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $349,084 | $272,446 | +0.3% |
| Expenses | $269,793 | $285,813 | -0.1% |
| Net Income | $79,291 | $-13,367 | -6.9% |
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 |
|---|---|---|---|---|---|---|
| RICHARD VINING | PRESIDENT AND BOARD DIRECT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEN E HARDISON | DIRECTOR | 40.00 |
Officer
Director
|
$150,000 | $4,818 | $154,818 |
| TOM EDWARDS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRYAN HAWKINS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS WINCHELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KATIE SHEPPARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELAINE SAVELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $349,084 | $269,793 | $281,657 | $79,291 |
| 2024 | $272,446 | $285,813 | $196,482 | $-13,367 |
| 2023 | $306,880 | $10,851,290 | $200,884 | $-10,544,410 |
| 2022 | $6,206,349 | $4,350,606 | $10,743,867 | $1,855,743 |
| 2021 | $5,329,068 | $2,948,901 | $11,765,028 | $2,380,167 |
| 2020 | $3,311,794 | $2,727,623 | $7,952,831 | $584,171 |
| 2019 | $6,860,255 | $5,669,173 | $7,093,561 | $1,191,082 |
| 2018 | $3,515,066 | $2,423,102 | $5,350,047 | $1,091,964 |
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