HEARTS & HOMES FOR YOUTH FOUNDATION INC

EIN: 521954823 501(c)(3) Philanthropy & Grantmaking

BURTONSVILLE, MD

Total Revenue
$67,300
Total Expenses
N/A
Total Assets
$4,307,061
Net Assets
$4,024,619
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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
1995
Legal Domicile
MD
Principal Officer
DAMON THOMPSON
Tax Period
2023-07-01 to 2024-06-30

HEARTS & HOMES FOR YOUTH FOUNDATION INC, founded in 1995, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $67K in total revenue in fiscal year 2023. Revenue fell 90% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE SUPPORT FOR A 501(C)(3) ORGANIZATION.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $67,300
TOTAL REVENUE $67,300

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $67,300 $686,032 -0.9%
Expenses N/A $111,867 -1.0%
Net Income N/A $574,165 N/A
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

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
17

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
6
$260,730
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHLOE PEREZ Former Pres/CEO 1.00
Officer
$0 $10,283 $143,089
PAUL CLEMENT CFO 1.00
Officer
$0 $0 $117,641
DAVID SHAPIRO Chairman 1.00
Officer Director
$0 $0 $0
MICHAEL WHITEHURST Director 1.00
Director
$0 $0 $0
KINYA STEWART VICE CHAIR 1.00
Officer Director
$0 $0 $0
DAMON THOMPSON President & CEO 1.00
Officer Director
$0 $0 $0
JILL BABBY Secretary 1.00
Officer Director
$0 $0 $0
ADAM ABRAMOWITZ Director 1.00
Director
$0 $0 $0
ANNIE GILCHRIST Director 1.00
Director
$0 $0 $0
JASMINE GREEN Director 1.00
Director
$0 $0 $0
DENITA CONWAY Director 1.00
Director
$0 $0 $0
JULIE JORDAN Director 1.00
Director
$0 $0 $0
KEITH JENNINGS Director 1.00
Director
$0 $0 $0
KEVIN MCRAITH Director 1.00
Director
$0 $0 $0
ROBERTO ALARCON Director 1.00
Director
$0 $0 $0
ALAN SCHULMAN Director 1.00
Director
$0 $0 $0
ANDREW SEESTED Director 1.00
Director
$0 $0 $0
MELISSA TARKETT Director 1.00
Director
$0 $0 $0
LAURA HUTTON Director 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
2025 No data No data No data No data
2024 $67,300 No data $4,307,061 No data
2023 $686,032 $111,867 $4,738,423 $574,165
2022 $741,937 $128,245 $4,230,083 $613,692
2021 $122,658 $89,451 $3,095,941 $33,207
2020 $282,862 No data $3,074,453 No data
2019 $136,829 $62,439 $2,473,160 $74,390
2018 $136,554 $64,830 $2,404,190 $71,724
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