The Heads Network Inc

🔒

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

2013

Legal Domicile

Principal Officer

JENNIFER EVERS

Phone

7737808292

Tax Period

2024-07-01 to 2025-06-30

The Heads Network Inc, founded in 2013, is a small nonprofit in the Education sector that reported $659K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $179K, a strong 27% operating margin.

Mission

THE HEADS NETWORK PROMOTES ACTIVE COLLABORATION AND PROFESSIONAL GROWTH FOR INDEPENDENT SCHOOL HEADS AND LEADERS WHO ARE COMMITTED TO THE EDUCATION OF GIRLS AND ADVANCING WOMEN'S LEADERSHIP. PROGRAMS INCLUDE AN ANNUAL MEETING IN A UNIQUE VENUE, MENTORING SEMINARS FOR ASPIRING WOMEN LEADERS, AND PROFESSIONAL NETWORKING FOR ALL MEMBER SCHOOLS.

Program Service Accomplishments

Program 1

Expenses: $393,214 Revenue: $329,834

ANNUAL MEETING IN A UNIQUE VENUE AND WOMEN'S LEADERSHIP SEMINARS.

🔒

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 $282,262

Program Service Revenue $329,834

Investment Income $34,238

Other Revenue $12,750

TOTAL REVENUE $659,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $151,626

Fundraising Expenses $0

Program Expenses $393,214

Other Expenses $328,463

TOTAL EXPENSES $480,089

Year-over-Year Comparison

	2024	2023	Change
Revenue	$659,084	$540,489	+0.2%
Expenses	$480,089	$458,120	+0.0%
Net Income	$178,995	$82,369	+1.2%

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

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

$140,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER EVERS	Executive Dir.	40.00	Officer	$140,000	$0	$140,000
MEGAN COVER	VICE CHAIR	1.00	Director	$0	$0	$0
ANN KLOTZ	CHAIR	1.00	Director	$0	$0	$0
GEOFF WAGG	Treasurer	1.00	Officer Director	$0	$0	$0
KEN ALDRIDGE	Regional VC	1.00	Officer Director	$0	$0	$0
PERCY ABRAM	Regional VC	1.00	Officer Director	$0	$0	$0
JENNIFER GALAMBOS	MEMBER AT LARGE	1.00	Director	$0	$0	$0
MATT BYRNES	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER CICCARELLI	BOARD MEMBER	1.00	Director	$0	$0	$0
ERENI MALFA	BOARD MEMBER	1.00	Director	$0	$0	$0
DAN GLASS	BOARD MEMBER	1.00	Director	$0	$0	$0
NOLA-RAE CRONAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KIM WARGO	Secretary	1.00	Officer Director	$0	$0	$0
DONNA LINDNER	BOARD MEMBER	1.00	Director	$0	$0	$0
COLLEEN RAMSDEN	BOARD MEMBER	1.00	Director	$0	$0	$0
SALLY KEIDEL	BOARD MEMBER	1.00	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
2025	$659,084	$480,089	$1,042,933	$178,995
2024	$540,489	$458,120	$840,359	$82,369
2023	$475,177	$458,575	$578,236	$16,602
2022	$434,522	$332,118	$549,630	$102,404
2021	$266,251	$201,115	$515,433	$65,136
2020	$324,860	$380,331	$403,178	$-55,471
2019	$300,460	$277,040	$480,235	$23,420