ZACK HEGER FOUNDATION INC

EIN: 562656657 501(c)(3) Diseases & Disorders

NORWELL, MA

Total Revenue
$293,425
Total Expenses
$24
Total Assets
$377,955
Net Assets
$377,955
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MA
Tax Period
2023-01-01 to 2023-12-31

ZACK HEGER FOUNDATION INC, founded in 2007, is a small nonprofit in the Diseases & Disorders sector that reported $293K in total revenue in fiscal year 2023. The organization ran a surplus of $293K, a strong 100% operating margin.

Mission

The Zack Heger Foundation is a 501c3 charitable foundation started in honor of our son Zack who was diagnosed with a fatal muscle wasting disease Duchenne Muscular Dystrophy when he was just 3 years old. Initially our goal was to fund vital research for a treatment or cure for DMD. On May 3 2022 at age 29 our beloved Zack passed and we decided to shift our focus to something Zack felt incredibly passionate about - for all people to have the opportunity to enjoy recreational space in their community with no barriers to entry and a space where people of all abilities feel they belong - including those with physical or neurological limitations. Today our commitment and purpose is to collaborate with cities towns and private recreational providers to make existing spaces accessible and inclusive for all!

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $284,435
Program Service Revenue $0
Investment Income $8,990
Other Revenue $0
TOTAL REVENUE $293,425

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $24
TOTAL EXPENSES $24

Year-over-Year Comparison

2023 2022 Change
Revenue $293,425 N/A N/A
Expenses $24 N/A N/A
Net Income $293,401 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Lamir Director 1.00
Director
$0 $0 $0
Joanne Camer Director 1.00
Director
$0 $0 $0
Stephen Camer Director 1.00
Director
$0 $0 $0
Margaret Lamir Heger President 4.00
Officer
$0 $0 $0
Rodney Heger Treasurer 4.00
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
2023 $293,425 $24 $377,955 $293,401
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ZACK HEGER FOUNDATION INC with other nonprofits in Massachusetts and across the country.