HEARTS AND HOMES FOR YOUTH INC (EIN 526060576) - 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

1964

Legal Domicile

Principal Officer

CHLOE PEREZ LCSW-C

Phone

3015898444

Tax Period

2022-07-01 to 2023-06-30

HEARTS AND HOMES FOR YOUTH INC, founded in 1964, is a community nonprofit in the Human Services sector that reported $4.8M in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO HELP TROUBLED CHILDREN AND YOUTH WHO ARE ABUSED, NEGLECTED OR RUNAWAYS, BECOME INDEPENDENT PRODUCTIVE ADULTS. TO FULFILL THIS MISSION, HHY PROVIDES A BROAD SPECTRUM OF EDUCATIONAL, RESIDENTIAL, INDEPENDENT LIVING AND MENTAL HEALTH PROGRAMS TO A CULTURALLY DIVERSE CLIENT POPULATION.

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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 $180,198

Program Service Revenue $4,471,249

Investment Income $192,111

Other Revenue $1,465

TOTAL REVENUE $4,845,023

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,095,851

Fundraising Expenses $108,362

Program Expenses $3,830,712

Other Expenses $1,967,015

TOTAL EXPENSES $5,062,866

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,845,023	$4,265,415	+0.1%
Expenses	$5,062,866	$4,863,407	+0.0%
Net Income	$-217,843	$-597,992	-0.6%

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

111

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

$143,170

Total Directors

$143,170

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHLOE PEREZ	President & CEO	40.00	Officer Director	$143,170	$0	$143,170
PAUL CLEMENT	CFO	40.00		$110,240	$0	$110,240
ANNIE GILCHRIST	Director	1.00	Director	$0	$0	$0
MICHAEL WHITEHURST	Director	1.00	Director	$0	$0	$0
STEVE PURDY CPA	Director	1.00	Director	$0	$0	$0
FRED M GOBER	Director	1.00	Director	$0	$0	$0
JILL BABBY	Secretary	1.00	Officer Director	$0	$0	$0
JOE MCCORMICK	Director	1.00	Director	$0	$0	$0
DENITA CONWAY	Director	1.00	Director	$0	$0	$0
ANDREW SEESTED	Director	1.00	Director	$0	$0	$0
DAVID SHAPIRO	Chairman	1.00	Officer Director	$0	$0	$0
MELISSA TARKETT	Director	1.00	Director	$0	$0	$0
LOUIE BYRD	Director	1.00	Director	$0	$0	$0
LAURA HUTTON	Director	1.00	Director	$0	$0	$0
MELINDA HUTTON	Director	1.00	Director	$0	$0	$0
ALAN SCHULMAN	Director	1.00	Director	$0	$0	$0
STEVEN DAVIS	Treasurer	1.00	Officer Director	$0	$0	$0
JASMINE GREEN	Director	1.00	Director	$0	$0	$0
VIC SEESTED	Director	1.00	Director	$0	$0	$0
KEITH JENNINGS	Director	1.00	Director	$0	$0	$0
SUZANNE JOY	Director	1.00	Director	$0	$0	$0
AMBERLACE MOORE	Director	1.00	Director	$0	$0	$0
JULIE JORDAN	Director	1.00	Director	$0	$0	$0
KEVIN MCRAITH	Director	1.00	Director	$0	$0	$0
ADAM ABRAMOWITZ	Director	1.00	Director	$0	$0	$0
KINYA STEWART	Vice Chair	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$4,845,023	$5,062,866	$5,625,613	$-217,843
2022	$4,265,415	$4,863,407	$3,060,437	$-597,992
2021	$4,883,084	$4,738,043	$3,556,384	$145,041
2020	$5,079,345	$5,249,611	$3,353,173	$-170,266
2019	$5,264,345	$5,067,990	$2,675,377	$196,355
2018	$5,074,953	$5,072,030	$2,827,885	$2,923

HEARTS AND HOMES FOR YOUTH INC