HEART OF AMERICA PROFESSIONAL NETWORK INC (EIN 481118230) - 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

1991

Legal Domicile

Principal Officer

DUANE OLBERDING

Phone

9132367575

Tax Period

2023-01-01 to 2023-12-31

HEART OF AMERICA PROFESSIONAL NETWORK INC, founded in 1991, is a micro nonprofit in the Health Care sector that reported $36K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $47K exceeded revenue, resulting in a 31% operating deficit.

Mission

TO ENSURE PUBLIC SAFETY BY ASSESSING FOR AND ASSISTING WITH THE REHABILITATION OF IMPAIRED HEALTHCARE PROFESSIONALS BY PROVIDING ADVOCACY, CONSULTATION, REFERRAL AND MONITORING SERVICES.

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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 $0

Program Service Revenue $35,251

Investment Income $508

Other Revenue $0

TOTAL REVENUE $35,759

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,984

Fundraising Expenses $0

Program Expenses $39,485

Other Expenses $14,021

TOTAL EXPENSES $47,005

Year-over-Year Comparison

	2023	2022	Change
Revenue	$35,759	$40,465	-0.1%
Expenses	$47,005	$41,835	+0.1%
Net Income	$-11,246	$-1,370	+7.2%

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

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

$14,758

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NIKI SADLER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK BALDERSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
SHARON GREEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES TROTTER	BOARD MEMBER	1.00	Director	$0	$0	$0
CAMILLE SNYDER	BOARD MEMBER	1.00	Director	$0	$0	$0
PAULA ELLIS	BOARD MEMBER	1.00	Director	$0	$0	$0
LESLIE SEWESTER	EXECUTIVE DIRECTOR	20.00	Officer	$4,512	$476	$4,988
JENNIFER PAYEA	EXECUTIVE DIRECTOR	20.00	Officer	$6,860	$0	$6,860
DUANE OBERDLING	EXECUTIVE DIRECTOR	20.00	Officer	$2,910	$0	$2,910

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	$35,759	$47,005	$154,693	$-11,246
2022	$40,465	$41,835	$163,899	$-1,370
2021	$34,053	$38,874	$162,343	$-4,821
2020	$69,919	$73,732	$180,615	$-3,813
2019	$38,817	$46,623	$176,605	$-7,806
2018	$43,450	$46,527	$188,889	$-3,077

HEART OF AMERICA PROFESSIONAL NETWORK INC