THE HEARTH (EIN 462554780) - 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

Legal Domicile

Principal Officer

MARK YACONELLI

Phone

5412614398

Tax Period

2023-01-01 to 2023-12-31

THE HEARTH is a small nonprofit in the Human Services sector that reported $279K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

The Hearth is a non-profit organization in Southern Oregon that creates community events that employ personal stories, song, and service to strengthen local community. It offers a pilot training program to assist other small and mid-size communities in developing their own local community storytelling programs.

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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 $133,130

Program Service Revenue $133,698

Investment Income $1,307

Other Revenue $11,056

TOTAL REVENUE $279,191

Expense Breakdown

Grants Paid $0

Salaries & Benefits $144,017

Fundraising Expenses $22,773

Program Expenses $224,051

Other Expenses $135,973

TOTAL EXPENSES $279,990

Year-over-Year Comparison

	2023	2022	Change
Revenue	$279,191	$228,008	+0.2%
Expenses	$279,990	$267,244	+0.0%
Net Income	$-799	$-39,236	-1.0%

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

N/A

Employees

Volunteers

100

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

$78,000

Total Directors

$78,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK YACONELLI	Executive Dir.	40.00	Officer Director	$78,000	$0	$78,000
BEN BELLINSON	President	2.00	Officer Director	$0	$0	$0
MARK DIRIENZO	Treasurer	2.00	Officer Director	$0	$0	$0
EMILY STRONG	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVIS WILKINS	BOARD MEMBER	2.00	Director	$0	$0	$0
ALMA ROSA ALVAREZ	BOARD MEMBER	2.00	Director	$0	$0	$0
MONSE ALEGRIA	BOARD MEMBER	2.00	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	No data	No data	No data	No data
2023	$279,191	$279,990	$314,897	$-799
2022	$228,008	$267,244	$315,522	$-39,236
2021	$440,555	$256,553	$354,821	$184,002
2020	$211,313	$193,861	$186,312	$17,452

THE HEARTH