HEART MIND FOUNDATION

EIN: 471139341 501(c)(3) Public & Societal Benefit

SWANNANOA, NC

Total Revenue
$114,709
Total Expenses
$91,669
Total Assets
$38,777
Net Assets
$38,777
🔒

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
2014
Legal Domicile
NC
Principal Officer
VINCENT HORN
Phone
8283957140
Tax Period
2024-01-01 to 2024-12-31

HEART MIND FOUNDATION, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $115K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $23K, a strong 20% operating margin.

Mission

HOW CAN WE SERVE THE CONVERGENCE OF BUDDHISM WITH TECHNOLOGY AND GLOBAL CULTURE?

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $114,709
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $114,709

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,314
Fundraising Expenses $6,711
Program Expenses $74,642
Other Expenses $90,355
TOTAL EXPENSES $91,669

Year-over-Year Comparison

2024 2023 Change
Revenue $114,709 $136,170 -0.2%
Expenses $91,669 $160,612 -0.4%
Net Income $23,040 $-24,442 -1.9%
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
1
Volunteers
3

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
3
$429
Total Directors
1
$429
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VINCENT HORN PRESIDENT 1.00
Officer Director
$429 $0 $429
KATE GARVIN SECRETARY 0.25
Officer
$0 $0 $0
RYAN OELKE FINANCIAL OF 0.25
Officer
$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 $114,709 $91,669 $38,777 $23,040
2023 $136,170 $160,612 $15,737 $-24,442
2022 $270,643 $244,845 $40,179 $25,798
2021 $226,599 $359,127 $14,389 $-132,528
2020 $370,962 $245,261 $146,909 $125,701
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HEART MIND FOUNDATION with other nonprofits in North Carolina 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.