TENDER HEARTS INC (EIN 460584840) - 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

2012

Legal Domicile

Principal Officer

APPOLONIA OKONKWO

Phone

3137906835

Tax Period

2023-01-01 to 2023-12-31

TENDER HEARTS INC, founded in 2012, is a small nonprofit in the Mental Health sector that reported $437K in total revenue in fiscal year 2023. Revenue surged 298% from the prior year, signaling strong growth momentum. Expenses of $420K left a modest 4% surplus.

Mission

Cared for adult mentally ill, providing room & board and trained staff.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $224,356

Investment Income $0

Other Revenue $212,397

TOTAL REVENUE $436,753

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,095

Fundraising Expenses $0

Program Expenses $420,056

Other Expenses $402,961

TOTAL EXPENSES $420,056

Year-over-Year Comparison

	2023	2022	Change
Revenue	$436,753	$109,715	+3.0%
Expenses	$420,056	$115,430	+2.6%
Net Income	$16,697	$-5,715	-3.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
APPOLONIA OKONKWO	PRESIDENT	2.00	Officer Key Emp	$0	$0	$0
BENNETH OKONKWO	SECRETARY/TREASURER	2.00	Officer	$0	$0	$0
OLORUNRSHOLA OLAIYA	DIRECTOR	0.50	Officer	$0	$0	$0
SAMUEL ONYENE	DIRECTOR	0.50	Officer	$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	No data	No data	No data	No data
2023	$436,753	$420,056	No data	$16,697
2022	$109,715	$115,430	No data	$-5,715
2021	$54,579	$48,437	No data	$6,142
2020	$52,445	$82,610	No data	$-30,165
2019	$41,864	$19,671	No data	$22,193
2018	$905,509	$814,937	No data	$90,572

TENDER HEARTS INC