HARTFORD CHARITIES (EIN 471428659) - Form 990 Financial Analysis & Trantor Score

🔒

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

2014

Legal Domicile

Principal Officer

DRLARRY MATHEWS

Tax Period

2023-01-01 to 2023-12-31

HARTFORD CHARITIES, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $489K in total revenue in fiscal year 2023. Expenses of $456K left a modest 7% surplus.

Mission

TO OWN AND DEVELOP LAND IN THE 7 MILE AND MEYERS AREA OF THE CITY OF DETROIT.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $475,672

Investment Income $0

Other Revenue $12,964

TOTAL REVENUE $488,636

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $455,854

TOTAL EXPENSES $455,854

Year-over-Year Comparison

	2023	2022	Change
Revenue	$488,636	$478,756	+0.0%
Expenses	$455,854	$432,265	+0.1%
Net Income	$32,782	$46,491	-0.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV CHARLES C ADAMS	CHAIRMAN	N/A	Officer Director	$0	$0	$0
DR WILLIAM ANDERSON	DIRECTOR	N/A	Director	$0	$0	$0
LINDA D FORTE	DIRECRTOR	N/A	Director	$0	$0	$0
JOHN JAMES	DIRECTOR	N/A	Director	$0	$0	$0
DRLARRY MATHEWS	TREASURER	N/A	Officer Director	$0	$0	$0
ERIC PETERSON	DIRECTOR	N/A	Director	$0	$0	$0
DERRICK ROMAN	SECRETARY	N/A	Officer Director	$0	$0	$0
MARK WHITE	DIRECTOR	N/A	Director	$0	$0	$0
THOMAS WILLIAMS	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	$488,636	$455,854	$2,334,239	$32,782
2022	$478,756	$432,265	$2,395,617	$46,491
2021	$599,755	$422,300	$2,547,236	$177,455
2020	$494,502	$211,044	$2,367,319	$283,458
2019	$571,864	$410,889	$2,154,565	$160,975

HARTFORD CHARITIES