HEARTISANS MARKETPLACE

EIN: 471135093 501(c)(3) Employment

LONGVIEW, TX

Total Revenue
$729,068
Total Expenses
$934,191
Total Assets
$3,478,958
Net Assets
$1,737,089
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TX
Principal Officer
JULEE RACHELS
Phone
9034311188
Tax Period
2025-01-01 to 2025-12-31

HEARTISANS MARKETPLACE, founded in 2014, is a small nonprofit in the Employment sector that reported $729K in total revenue in fiscal year 2025. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $934K exceeded revenue, resulting in a 28% operating deficit.

Mission

TO PROVIDE A CUSTOMIZED JOB READINESS PROGRAM FOR UNEMPLOYED WOMEN LIVING IN THE LOCAL COMMUNITY SO THEY CAN PROVIDE FOR THEIR FAMILIES' NEEDS AND BE CONTRIBUTING MEMBERS OF OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $410,404 Revenue: $134,456

HEARTISANS VILLAGE - HEARTISANS VILLAGE IS AN ON-SITE COTTAGE COMMUNITY CONSISTING OF 8 TWO AND THREE BEDROOM UNITS. THE HEARTISANS VILLAGE PROVIDES SAFE, AFFORDABLE, TRANSITIONAL HOUSING IN A...

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HEARTISANS VILLAGE - HEARTISANS VILLAGE IS AN ON-SITE COTTAGE COMMUNITY CONSISTING OF 8 TWO AND THREE BEDROOM UNITS. THE HEARTISANS VILLAGE PROVIDES SAFE, AFFORDABLE, TRANSITIONAL HOUSING IN A SUPPORTIVE COMMUNITY ENVIRONMENT FOR UP TO TWO YEARS WHILE PROVIDING CONTINUED LIFE SKILLS, MENTORING, AND COUNSELING FOR HEARTISANS RESIDENTS.

Program 2
Expenses: $306,016

JOB READINESS PROGRAM - HEARTISAN MARKETPLACE PROVIDES A FAITH-BASED CUSTOMIZED TRAINING FOR WOMEN IN THE LOCAL COMMUNITY SEEKING A FRESH START. THIS PROGRAM ALLOWS WOMEN TO OBTAIN ESSENTIAL LIFE...

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JOB READINESS PROGRAM - HEARTISAN MARKETPLACE PROVIDES A FAITH-BASED CUSTOMIZED TRAINING FOR WOMEN IN THE LOCAL COMMUNITY SEEKING A FRESH START. THIS PROGRAM ALLOWS WOMEN TO OBTAIN ESSENTIAL LIFE SKILLS SO THEY CAN BECOME EMPOWERED TO SUPPORT THEIR FAMILIES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $400,649
Program Service Revenue $134,456
Investment Income $7,838
Other Revenue $186,125
TOTAL REVENUE $729,068

Expense Breakdown

Grants Paid $0
Salaries & Benefits $343,411
Fundraising Expenses $87,776
Program Expenses $716,420
Other Expenses $590,780
TOTAL EXPENSES $934,191

Year-over-Year Comparison

2025 2024 Change
Revenue $729,068 $1,312,747 -0.4%
Expenses $934,191 $805,441 +0.2%
Net Income $-205,123 $507,306 -1.4%
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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Governance

Voting Members
12
Independent Members
12
Employees
11
Volunteers
158

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
5
$63,900
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EVIE HENSON Executive Dir. 40.00
Officer
$63,900 $0 $63,900
JULEE RACHELS CEO 15.00
Officer Director
$0 $0 $0
SARAH WARD President 1.00
Officer Director
$0 $0 $0
SIDNEY ALLEN Director 1.00
Director
$0 $0 $0
HEIDI ARCHER Director 1.00
Director
$0 $0 $0
AMIE MOORE Director 1.00
Director
$0 $0 $0
DAN LANCASTER Treasurer 1.00
Officer Director
$0 $0 $0
REGINA MIXON Vice President 1.00
Officer Director
$0 $0 $0
HEATHER BANE Director 1.00
Director
$0 $0 $0
MICHAEL HUDSON MD Director 1.00
Director
$0 $0 $0
HEATHER TUCKER Director 1.00
Director
$0 $0 $0
TESA WILSON Director 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 $729,068 $934,191 $3,478,958 $-205,123
2024 $1,312,747 $805,441 $3,759,083 $507,306
2023 $961,059 $503,462 $3,333,243 $457,597
2022 $640,757 $387,961 $1,341,048 $252,796
2021 $622,276 $349,439 $1,090,635 $272,837
2020 $532,926 $330,087 $828,192 $202,839
2019 $371,429 $273,421 $250,154 $98,008
2018 $235,204 $173,399 $152,146 $61,805
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