THE MEND A HEART FOUNDATION (EIN 510640239) - 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

Principal Officer

BRIDGET O'MEARA

Phone

6306550193

Tax Period

2024-01-01 to 2024-12-31

THE MEND A HEART FOUNDATION is a small nonprofit in the Medical Research sector that reported $244K in total revenue in fiscal year 2024. Expenses of $343K exceeded revenue, resulting in a 40% operating deficit.

Mission

THE MEND A HEART FOUNDATION'S MISSION IS TO FUND PROMISING RESEARCH AND INITIATIVES THAT EXTEND AND ENRICH THE LIVES OF CHILDREN BORN WITH CONGENITAL HEART DEFECTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $50,676

Program Service Revenue $0

Investment Income $0

Other Revenue $193,735

TOTAL REVENUE $244,411

Expense Breakdown

Grants Paid $331,000

Salaries & Benefits $0

Fundraising Expenses $11,689

Program Expenses $331,000

Other Expenses $11,689

TOTAL EXPENSES $342,689

Year-over-Year Comparison

	2024	2023	Change
Revenue	$244,411	$240,188	+0.0%
Expenses	$342,689	$58,249	+4.9%
Net Income	$-98,278	$181,939	-1.5%

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

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
BRIDGET O'MEARA	EXECUTIVE DI	10.00	Officer	$0	$0	$0
BRIAN O'MEARA	PRESIDENT	5.00	Officer	$0	$0	$0
KIM LEADER	TREASURER	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	$244,411	$342,689	$226,707	$-98,278
2023	$240,188	$58,249	$319,048	$181,939
2022	$219,949	$258,697	$130,319	$-38,748
2019	$186,539	$155,297	$158,214	$31,242

THE MEND A HEART FOUNDATION