Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hearts United for Good Inc, founded in 2014, is a small nonprofit in the Unknown sector that reported $568K in total revenue in fiscal year 2024. Revenue surged 189% from the prior year, signaling strong growth momentum. Expenses of $496K left a modest 13% surplus.
Hearts United for Good strives to raise funds and awareness for organizations and people based in and around Charlotte, NC. We serve individuals and non-profit organizations in the greater Charlotte area through a variety of financial and non-financial means. Hearts United for Good has sustained programs in the following areas with a focus on inclusivity, equality and equity for all persons: Housing and Homelessness, Emerging Needs, Food Insecurity and Animal Welfare.
Food lnsecurity Pantry: Hearts United for Good provides vital support to our community through our free, low-barrier Food Pantry program. Operating in a convenient drive-thru format, the pantry...
Food lnsecurity Pantry: Hearts United for Good provides vital support to our community through our free, low-barrier Food Pantry program. Operating in a convenient drive-thru format, the pantry distributes a full week?s worth of groceries to thousands of food-insecure individuals every week. Our efforts primarily serve at-risk communities, helping to alleviate hunger and promote stability for families facing economic hardship.
Education & Development : Hearts United for Good is deeply committed to supporting youth and families through educational engagement and community development. The Foundation has served as mentors...
Education & Development : Hearts United for Good is deeply committed to supporting youth and families through educational engagement and community development. The Foundation has served as mentors for students, proctors for End-of-Grade (EOG) tests, and consistently provided warm, nutritious meals to the Garinger High School football, track, and basketball teams. In partnership with other foundations, HUG also distributed backpacks filled with school supplies, jackets, and other essential items to elementary school children in need. Additionally, the Foundation provided direct support to teachers at schools serving predominantly low socio-economic populations and offered English language instruction to families from the Hispanic community, helping to foster inclusion and academic success.
Homelessness: Hearts United for Good provides essential items daily to unhoused individuals who visit our facility, offering consistent access to hygiene supplies, food, clothing, and other basic...
Homelessness: Hearts United for Good provides essential items daily to unhoused individuals who visit our facility, offering consistent access to hygiene supplies, food, clothing, and other basic necessities. In addition to on-site support, HUG partners with other organizations to collect donated essential items and distribute them to individuals living outdoors or transitioning into permanent housing. Foundation volunteers and board members also engage directly with unhoused neighbors across the uptown area and outlying encampments, while actively collaborating with other non-profit organizations to ensure that targeted assistance reaches those in need.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $568,462 | $196,615 | +1.9% |
| Expenses | $495,960 | $185,402 | +1.7% |
| Net Income | $72,502 | $11,213 | +5.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Steven Tilley | Director | 10.00 |
Director
|
$32,595 | $0 | $32,595 |
| Bethany McDonald | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Greg Godley | Chairman | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tracee Karlsson | Treasurer | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jessica Lefkowitz | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Paul Kelly | Chairman | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ethan Hlebechuk | Secretary | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $568,462 | $495,960 | $113,381 | $72,502 |
| 2023 | $196,615 | $185,402 | $38,319 | $11,213 |
| 2022 | $197,087 | $198,119 | $29,105 | $-1,032 |
| 2021 | $340,790 | $361,509 | $29,639 | $-20,719 |
| 2020 | $203,182 | $151,387 | $52,102 | $51,795 |
Compare Hearts United for Good Inc with other nonprofits in North Carolina and across the country.