Sacred Heart Foundation (EIN 472142727) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

Erin O'Leary

Phone

2187730877

Tax Period

2023-01-01 to 2023-12-31

Sacred Heart Foundation, founded in 2014, is a small nonprofit in the Religion sector that reported $756K in total revenue in fiscal year 2023. Expenses of $865K exceeded revenue, resulting in a 14% operating deficit.

Mission

Provide support by managing assets, governing fundraising activities & making grants to SHSC.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $575,702

Program Service Revenue $0

Investment Income $180,312

Other Revenue $0

TOTAL REVENUE $756,014

Expense Breakdown

Grants Paid $702,661

Salaries & Benefits $84,919

Fundraising Expenses $76,430

Program Expenses $702,661

Other Expenses $77,854

TOTAL EXPENSES $865,434

Year-over-Year Comparison

	2023	2022	Change
Revenue	$756,014	$-787,347	-2.0%
Expenses	$865,434	$525,174	+0.6%
Net Income	$-109,420	$-1,312,521	-0.9%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$61,214

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Erin O'Leary	President	4.00	Officer Director	$0	$0	$0
Daniel Zavoral	Vice President	4.00	Officer Director	$0	$0	$0
Joe Martin	Secretary/Treasurer	4.00	Officer Director	$0	$0	$0
John Jeffrey	Member	3.00	Director	$0	$0	$0
Sarah Post	Member	3.00	Director	$0	$0	$0
Jeramie Riskey	Member	3.00	Director	$0	$0	$0
Jackie Gaddie	Member	3.00	Director	$0	$0	$0
Dennis DeMers	Executive Director (End June)	20.00	Officer	$30,158	$0	$30,158
Carl Adolphson	Executive Director (Beg July)	20.00	Officer	$31,056	$0	$31,056

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	$756,014	$865,434	$8,836,930	$-109,420
2022	$-787,347	$525,174	$8,391,157	$-1,312,521
2021	$661,145	$553,881	$9,666,058	$107,264
2020	$690,825	$607,934	$8,824,032	$82,891
2019	$1,182,048	$2,398,706	$8,015,901	$-1,216,658
2018	$6,236,709	$2,963,939	$9,406,038	$3,272,770

Sacred Heart Foundation