HEAL FOUNDATION (EIN 472474087) - 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

2015

Legal Domicile

Principal Officer

LAM LE

Phone

9187483103

Tax Period

2023-01-01 to 2023-12-31

HEAL FOUNDATION, founded in 2015, is a micro nonprofit in the International Affairs sector that reported $90K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $380K exceeded revenue, resulting in a 324% operating deficit.

Mission

TO PROVIDE AND AUGMENT HEALING IN BODY, MIND AND SPIRIT FOR THE UNDERSERVED AND NEEDY.

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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 $47,293

Program Service Revenue $0

Investment Income $-38,995

Other Revenue $81,366

TOTAL REVENUE $89,664

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,538

Fundraising Expenses $0

Program Expenses $53,182

Other Expenses $345,532

TOTAL EXPENSES $380,070

Year-over-Year Comparison

	2023	2022	Change
Revenue	$89,664	$104,795	-0.1%
Expenses	$380,070	$345,906	+0.1%
Net Income	$-290,406	$-241,111	+0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAM LE	President	5.00	Officer	$0	$0	$0
PHIL SALON	Treasurer	5.00	Officer	$0	$0	$0
ANGELA CRONE	Secretary	5.00	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	No data	No data	No data	No data
2023	$89,664	$380,070	$1,220,904	$-290,406
2022	$104,795	$345,906	$1,535,311	$-241,111
2021	$139,544	$399,072	$1,765,167	$-259,528
2020	$147,424	$371,336	$2,010,417	$-223,912
2018	$48,159	$349,254	$1,820,466	$-301,095

HEAL FOUNDATION