Heritage Foundation Inc (EIN 581837649) - 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

1989

Legal Domicile

Phone

2292285545

Tax Period

2024-01-01 to 2024-12-31

Heritage Foundation Inc, founded in 1989, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024.

Mission

The mission of Heritage Foundation is to provide a safe, therapeutic environment where all consumers are served through an array of programs where they can develop and thrive to remove the barriers they face.

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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 $0

Program Service Revenue $1,762,720

Investment Income $0

Other Revenue $55,731

TOTAL REVENUE $1,818,451

Expense Breakdown

Grants Paid $0

Salaries & Benefits $816,482

Fundraising Expenses $0

Program Expenses $1,167,563

Other Expenses $1,001,132

TOTAL EXPENSES $1,817,614

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,818,451	$1,726,350	+0.1%
Expenses	$1,817,614	$1,802,667	+0.0%
Net Income	$837	$-76,317	-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

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
Leon Jones	Chairman	40.00	Director	$0	$0	$0
Mamie Davis	Director	1.00	Director	$0	$0	$0
Brittin Wiliams	Director	0.00	Director	$0	$0	$0
Greg McCullough	Director	0.00	Director	$0	$0	$0
Barbara Young-Monroe	Director	1.00	Director	$0	$0	$0
Cynthia Johnson	Director	0.00	Director	$0	$0	$0
Jamil Robertson	Director	1.00	Director	$0	$0	$0
Charlie Ward Sr	Director	1.00	Director	$0	$0	$0
Adrian Burns	Director	0.00	Director	$0	$0	$0
Yolanda Jenkins	Director	0.00	Director	$0	$0	$0
Chandra Bryant	Director	0.00	Director	$0	$0	$0
Felton Ivey	Director	0.00	Director	$0	$0	$0
Deborah Gresham	Director	0.00	Director	$0	$0	$0
Nicole Gatlin	Executive Dir.	0.00	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	$1,818,451	$1,817,614	$924,557	$837
2023	$1,726,350	$1,802,667	$913,609	$-76,317
2022	$1,673,842	$1,678,216	$996,269	$-4,374
2021	$1,646,670	$1,531,391	$962,718	$115,279
2020	$1,392,288	$1,450,904	$983,008	$-58,616
2019	$1,463,774	$1,480,926	$930,905	$-17,152
2018	$1,487,352	$1,398,418	$1,022,133	$88,934

Heritage Foundation Inc