HEALING SPECIES INC (EIN 571087949) - 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

2000

Legal Domicile

Principal Officer

CHERI BROWN THOMPSON

Phone

8035356543

Tax Period

2021-01-01 to 2021-12-31

HEALING SPECIES INC, founded in 2000, is a small nonprofit in the Human Services sector that reported $253K in total revenue in fiscal year 2021. Revenue decreased 15% compared to the prior year.

Mission

TO UNDERSTAND AND OVERCOME ABUSE, NEGLECT, AND GRIEF WHILE GAINING SKILLS AND UNDERSTANDING IN SELF-ESTEEM, RESPONSIBILITY, CONFLICT RESOLUTION, ANGER MANAGEMENT, AND COMPASSION. THIS IS ACCOMPLISHED THROUGH OUR UNIQUE PROGRAM OFFERING ANIMALS AS TEACHERS AND HEALERS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $242,618

Program Service Revenue $9,450

Investment Income $1,344

Other Revenue $0

TOTAL REVENUE $253,412

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,956

Fundraising Expenses $0

Program Expenses $245,603

Other Expenses $107,591

TOTAL EXPENSES $255,547

Year-over-Year Comparison

	2021	2020	Change
Revenue	$253,412	$297,953	-0.1%
Expenses	$255,547	$254,546	+0.0%
Net Income	$-2,135	$43,407	-1.0%

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

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
ANGELA PATRICE BAIR	BOARD MEMBER	2.00	Director	$0	$0	$0
JUSTIN BAMBERG	BOARD CHAIRM	2.00	Director	$0	$0	$0
SHANE BURROUGHS	BOARD MEMBER	2.00	Director	$0	$0	$0
DARYL CATE	BOARD MEMBER	2.00	Director	$0	$0	$0
EMILY DYCHES	BOARD MEMBER	2.00	Director	$0	$0	$0
CAMILLE PROVEAUX	BOARD MEMBER	2.00	Director	$0	$0	$0
REBECCA DAVIS RHYMER	BOARD MEMBER	2.00	Director	$0	$0	$0
CYNTHIA RICKARDS	BOARD MEMBER	2.00	Director	$0	$0	$0
LORI SALLEY	TREASURER	2.00	Director	$0	$0	$0
CHERI BROWN THOMPSON	DIRECTOR	40.00	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
2021	$253,412	$255,547	$257,946	$-2,135
2020	$297,953	$254,546	$261,809	$43,407
2019	$201,186	$209,035	$217,815	$-7,849
2018	$290,354	$296,604	$225,235	$-6,250

HEALING SPECIES INC