Heartwood Educational Collaborative (EIN 472834601) - 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

Greg Browman

Phone

4153281080

Tax Period

2020-01-01 to 2020-12-31

Heartwood Educational Collaborative, founded in 2014, is a micro nonprofit in the Education sector that reported $90K in total revenue in fiscal year 2020. Revenue decreased 10% compared to the prior year. Expenses of $116K exceeded revenue, resulting in a 29% operating deficit.

Mission

The Organization provides educational support for homeschool students.

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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 (2020)

Revenue Breakdown

Contributions & Grants $39,512

Program Service Revenue $0

Investment Income $0

Other Revenue $50,524

TOTAL REVENUE $90,036

Expense Breakdown

Grants Paid $65,000

Salaries & Benefits $0

Fundraising Expenses $864

Program Expenses $102,176

Other Expenses $50,791

TOTAL EXPENSES $115,791

Year-over-Year Comparison

	2020	2019	Change
Revenue	$90,036	$99,539	-0.1%
Expenses	$115,791	$155,359	-0.3%
Net Income	$-25,755	$-55,820	-0.5%

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

N/A

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
Greg Browman	Chairperson	2.00	Officer Director	$0	$0	$0
Amy Hoffman Puccinelli	Treasurer	8.00	Officer Director	$0	$0	$0
Melissa Guyout	Secretary	1.00	Officer 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
2020	$90,036	$115,791	$21,403	$-25,755
2019	$99,539	$155,359	$47,158	$-55,820
2018	$346,609	$297,937	$102,978	$48,672

Heartwood Educational Collaborative