HEARTS FOR FAMILIES INC (EIN 582510807) - 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

1999

Legal Domicile

Principal Officer

SUSAN LANEY

Phone

7709723664

Tax Period

2024-01-01 to 2024-12-31

HEARTS FOR FAMILIES INC, founded in 1999, is a small nonprofit in the Human Services sector that reported $992K in total revenue in fiscal year 2024.

Mission

TO STRENGTHEN FAMILIES AND THOSE WHO SERVE FAMILES

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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 $989,621

Program Service Revenue $0

Investment Income $144

Other Revenue $1,766

TOTAL REVENUE $991,531

Expense Breakdown

Grants Paid $0

Salaries & Benefits $523,937

Fundraising Expenses $5,062

Program Expenses $1,003,672

Other Expenses $503,824

TOTAL EXPENSES $1,027,761

Year-over-Year Comparison

	2024	2023	Change
Revenue	$991,531	$981,793	+0.0%
Expenses	$1,027,761	$980,445	+0.0%
Net Income	$-36,230	$1,348	-27.9%

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

N/A

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

$122,727

Total Directors

$50,277

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUE LANEY	PRES DIRECTOR	40	Officer Director	$50,277	$0	$50,277
ANITA SHANKLE	TREASURER	40	Officer	$72,450	$0	$72,450
JULIE HEUER	SECRETARY	20	Director	$0	$0	$0
ANN HAMILTON	MEMBER	0	Director	$0	$0	$0
PAT FERGUSON	MEMBER	0	Director	$0	$0	$0
SUSAN O BRIEN	MEMBER	0	Director	$0	$0	$0
KAREN JERNIGAN	MEMBER	0	Director	$0	$0	$0
TIFFANY ALLEN	MEMBER	0	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	$991,531	$1,027,761	$349,981	$-36,230
2023	$981,793	$980,445	$485,929	$1,348
2022	$858,790	$851,124	$447,896	$7,666
2021	$804,650	$742,435	$290,904	$62,215
2020	$627,471	$577,643	$222,809	$49,828
2019	$625,462	$578,764	$168,128	$46,698
2018	$419,617	$437,216	$112,256	$-17,599

HEARTS FOR FAMILIES INC