HEARTFELT LEGACY FOUNDATION (EIN 476476422) - 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

STEPHEN B YIM

Phone

8085240251

Tax Period

2022-01-01 to 2022-12-31

HEARTFELT LEGACY FOUNDATION, founded in 2014, is a micro nonprofit in the Civil Rights & Advocacy sector that reported $21K in total revenue in fiscal year 2022. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $20K, a strong 94% operating margin.

Mission

THE HEARTFELT LEGACY FOUNDATION'S GOAL IS TWO-FOLD: ONE, TO ASSIST FAMILIES WITH CHILDREN WITH DISABILITIES BY HOSTING WORKSHOPS AND SEMINARS THAT PROVIDE INFORMATION TO THE FAMILIES AND LOCAL PROFESSIONALS TO HELP THEM MAKE BETTER DECISIONS FOR THEIR CHILDREN AS THEY GROW UP AND DEVELOP; AND TWO, TO BRING A SYSTEM CALLED RESPECTING CHOICES TO OUR LOCAL COMMUNITY TO ASSIST FAMILIES WITH MAKING END OF LIFE DECISIONS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $875

Program Service Revenue $0

Investment Income $20,049

Other Revenue $0

TOTAL REVENUE $20,924

Expense Breakdown

Grants Paid $1,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,200

Other Expenses $0

TOTAL EXPENSES $1,200

Year-over-Year Comparison

	2022	2021	Change
Revenue	$20,924	$32,630	-0.4%
Expenses	$1,200	$51,000	-1.0%
Net Income	$19,724	$-18,370	-2.1%

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

N/A

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
STEPHEN B YIM	TRUSTEE	10.00	Director	$0	$0	$0
MONICA YEMPUKU	TRUSTEE	1.00	Director	$0	$0	$0
MARIE YEMPUKU HANSEN	TRUSTEE	1.00	Director	$0	$0	$0
BRITTA LAU	TRUSTEE	1.00	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
2022	$20,924	$1,200	$446,659	$19,724
2021	$32,630	$51,000	$516,598	$-18,370
2019	$480,334	$653	$483,193	$479,681

HEARTFELT LEGACY FOUNDATION