THE HEARTWELL INSTITUTE INC

EIN: 464361938 501(c)(3) Human Services

WORCESTER, MA

Total Revenue
$254,260
Total Expenses
$322,938
Total Assets
$200,183
Net Assets
$166,816
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MA
Principal Officer
ZAYDA VALLEJO
Phone
5089636460
Tax Period
2022-01-01 to 2022-12-31

THE HEARTWELL INSTITUTE INC, founded in 2013, is a small nonprofit in the Human Services sector that reported $254K in total revenue in fiscal year 2022. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $323K exceeded revenue, resulting in a 27% operating deficit.

Mission

ORGANIZATION THAT OFFERS YOGA, MEDITATION, STUDY GROUPS IN ORDER TO PROMOTE MINDFUL PRACTICE FOR LIFE, SPACE RENTAL FOR WELLNESS PROGRAMS

Program Service Accomplishments

Program 1
Expenses: $238,980 Revenue: $14,449

ORGANIZATION THAT OFFERS YOGA, MEDITATION, STUDY GROUPS IN ORDER TO PROMOTE MINDFUL PRACTICE FOR LIFE, SPACE RENTAL FOR WELLNESS PROGRAMS

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $239,683
Program Service Revenue $14,449
Investment Income $128
Other Revenue $0
TOTAL REVENUE $254,260

Expense Breakdown

Grants Paid $0
Salaries & Benefits $126,199
Fundraising Expenses $14,394
Program Expenses $238,980
Other Expenses $196,739
TOTAL EXPENSES $322,938

Year-over-Year Comparison

2022 2021 Change
Revenue $254,260 $394,400 -0.4%
Expenses $322,938 $84,100 +2.8%
Net Income $-68,678 $310,300 -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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
2
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
2
$68,125
Total Directors
11
$68,125
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZAYDA VALLEJO PRESIDENT 10.00
Officer Director
$68,125 $0 $68,125
ROBERT LENHARDT TREASURER 10.00
Officer Director
$0 $0 $0
HILDA RAMIREZ ADVISORY BOARD 2.00
Director
$0 $0 $0
KATHLEEN GAGNE ADVISORY BOARD 2.00
Director
$0 $0 $0
HARRY SMITH ADVISORY BOARD 2.00
Director
$0 $0 $0
SUZANNE WESTBROOK ADVISORY BOARD 2.00
Director
$0 $0 $0
VASKE GJINO ADVISORY BOARD 2.00
Director
$0 $0 $0
PATRICIO BARRIGA ADVISORY BOARD 10.00
Director
$0 $0 $0
ERNEST FLOYD ADVISORY BOARD 2.00
Director
$0 $0 $0
DERRICK KISER ADVISORY BOARD 2.00
Director
$0 $0 $0
ESTELA MCDONOUGH SECRETARY 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
2022 $254,260 $322,938 $200,183 $-68,678
2021 $394,400 $84,100 $241,423 $310,300
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE HEARTWELL INSTITUTE INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.