TRANQUIL HEARTS INC (EIN 461998177) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2013

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

TRANQUIL HEARTS INC, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $269K in total revenue in fiscal year 2019. Revenue surged 808% from the prior year, signaling strong growth momentum. Expenses of $253K left a modest 6% surplus.

Mission

AT TRANQUIL HEARTS WE FOCUS WITH LOVE AND GRADTITUDE ON FOUR DIFFERENT AREAS OF TRANSFORMATION THAT INCLUDE EDUCATION, HEALTH, DEVELOPMENT, AND ADVOCACY.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,360,486

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,360,486

Expense Breakdown

Grants Paid $0

Salaries & Benefits $881,099

Fundraising Expenses $0

Program Expenses $1,347,357

Other Expenses $466,258

TOTAL EXPENSES $1,347,357

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,360,486	$1,192,679	+0.1%
Expenses	$1,347,357	$1,179,674	+0.1%
Net Income	$13,129	$13,005	+0.0%

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

N/A

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
ASIM GHAFOOR	DIRECTOR	40.00	Officer	$0	$0	$0
NAJAM HUSSAIN	DIRECTOR	40.00	Officer	$0	$0	$0
FARHAN SYED	DIRECTOR	20.00	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	$1,360,486	$1,347,357	$157,869	$13,129
2022	$1,192,679	$1,179,674	$171,832	$13,005
2021	$986,166	$1,059,379	$145,636	$-73,213
2020	$383,417	$570,072	$138,656	$-186,655
2019	$268,518	$252,672	$45,408	$15,846

TRANQUIL HEARTS INC