THE HEART OF THE COMMUNITY FOUNDATION INC

EIN: 582417536 501(c)(3) Human Services

ROME, GA

Total Revenue
$190,690
Total Expenses
$164,057
Total Assets
$652,075
Net Assets
$651,775
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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
1987
Legal Domicile
GA
Principal Officer
BROOKS MATHIS
Phone
7062918853
Tax Period
2024-01-01 to 2024-12-31

THE HEART OF THE COMMUNITY FOUNDATION INC, founded in 1987, is a small nonprofit in the Human Services sector that reported $191K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $164K left a modest 14% surplus.

Mission

THE ACTIVITIES OF THE HEART OF THE COMMUNITY ARE SUBJECT TO THE DIRECTION OF THE BOARD OF GOVERNORS, AND ALL NET FUNDS GENERATED BY THE HEART OF THE COMMUNITY ARE TO BENEFIT DESIGNATED HEART-RELATED PROJECTS. HEART RELATED PROJECTS CAN INCLUDE HEART RELATED PROJECTS THAT PROMOTE GOOD HEALTH OR COMPASSIONATE COMMUNITY SERVICE TO THE ROME AND FLOYD COUNTY COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $190,690
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $190,690

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $97,136
Program Expenses $66,921
Other Expenses $164,057
TOTAL EXPENSES $164,057

Year-over-Year Comparison

2024 2023 Change
Revenue $190,690 $155,039 +0.2%
Expenses $164,057 $154,610 +0.1%
Net Income $26,633 $429 +61.1%
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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Governance

Voting Members
24
Independent Members
24
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
0
$0
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGIE BEARD TREASURER 1.00
Director
$0 $0 $0
MEGAN TREGLOWN BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTY BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREA PITTS CHAIR 1.00
Director
$0 $0 $0
LAUREN SKLAR BOARD MEMBER 1.00
Director
$0 $0 $0
LUKE CHAFFIN BOARD MEMBER 1.00
Director
$0 $0 $0
DWIGHT STOUT BOARD MEMBER 1.00
Director
$0 $0 $0
JAKE HAGER BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
BROOKS MATHIS CHAIR ELECT 1.00
Director
$0 $0 $0
SARA MOLNAR TREASURER 1.00
Director
$0 $0 $0
CHRIS JACKSON CHAIR 1.00
Director
$0 $0 $0
MICHELE RIKARD BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM RICHARDSON BOARD MEMBER 1.00
Director
$0 $0 $0
SHANNON NEWBY BOARD MEMBER 1.00
Director
$0 $0 $0
JIM TALLEY BOARD MEMBER 1.00
Director
$0 $0 $0
CAREY PILGRIM BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY GRIFFIN BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN ALLEN BOARD MEMBER 1.00
Director
$0 $0 $0
HEATH ROGERS BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC COLLINS BOARD MEMBER 1.00
Director
$0 $0 $0
ELLA GIVENS BOARD MEMBER 1.00
Director
$0 $0 $0
MIMI RICHARDS BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY SANKER BOARD MEMBER 1.00
Director
$0 $0 $0
EMMA WELLS BOARD MEMBER 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
2024 $190,690 $164,057 $652,075 $26,633
2023 $155,039 $154,610 $625,444 $429
2022 $80,558 $96,547 $625,016 $-15,989
2021 $166,736 $80,731 $640,704 $86,005
2020 $159,179 $174,532 $554,700 $-15,353
2019 $176,839 $222,449 $570,054 $-45,610
2018 $194,346 $188,258 $615,665 $6,088
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