HART FELT MINISTRIES INC

EIN: 593712163 501(c)(3) Human Services

JACKSONVILLE, FL

Total Revenue
$1,099,135
Total Expenses
$1,008,823
Total Assets
$1,342,680
Net Assets
$1,323,810
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
FL
Principal Officer
KELLY MOORMAN COGGINS
Phone
9048612799
Tax Period
2024-01-01 to 2024-12-31

HART FELT MINISTRIES INC, founded in 2004, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 8% surplus.

Mission

A NONPROFIT CORPORATION FOR THE PURPOSE OF PROVIDING PRACTICAL SERVICES TO FRAIL SENIOR CITIZENS AT NO CHARGE. THESE SERVICES INCLUDE TRANSPORTATION, VISITS, RESPITE CARE, GROCERY SHOPPING, HOMEMAKER CHORES, HOME REPAIRS, AND CONSTRUCTION OF WHEELCHAIR RAMPS, YARD WORK, AND ADVOCACY FOR NEEDS THAT EXCEED THE MINISTRY'S SCOPE OF SERVICE. THE ORGANIZATION'S MISSION IS TO HONOR GOD BY ENRICHING THE LIVES OF SENIORS AND ENABLING THEM TO AGE IN PLACE WITH DIGNITY AND GRACE.

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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 $945,138
Program Service Revenue $0
Investment Income $38,114
Other Revenue $115,883
TOTAL REVENUE $1,099,135

Expense Breakdown

Grants Paid $0
Salaries & Benefits $348,753
Fundraising Expenses $0
Program Expenses $994,957
Other Expenses $117,278
TOTAL EXPENSES $1,008,823

Year-over-Year Comparison

2024 2023 Change
Revenue $1,099,135 $883,297 +0.2%
Expenses $1,008,823 $814,652 +0.2%
Net Income $90,312 $68,645 +0.3%
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

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Governance

Voting Members
10
Independent Members
10
Employees
8
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
5
$136,500
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLY MOORMAN COGGINS EXECUTIVE DI 40.00
Officer
$136,500 $0 $136,500
ZACH ANDRY MEMBER 0.50
Director
$0 $0 $0
NATHAN HAYES CHAIRMAN 0.50
Officer Director
$0 $0 $0
LARRY SUMMONS JR MEMBER 0.50
Director
$0 $0 $0
BOB KASTNER MEMBER 0.50
Director
$0 $0 $0
KIM KRISTOFF VICE-CHAIR 0.50
Officer Director
$0 $0 $0
SHARON MILLS MEMBER 0.50
Director
$0 $0 $0
MICAH ROBERTS SECRETARY 0.50
Officer Director
$0 $0 $0
JON SHAUGHNESSY MEMBER 0.50
Director
$0 $0 $0
DEBBIE STAMBAUGH MEMBER 0.50
Director
$0 $0 $0
STEPHANIE WELLS TREASURER 0.50
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
2024 $1,099,135 $1,008,823 $1,342,680 $90,312
2023 $883,297 $814,652 $1,227,478 $68,645
2022 $797,432 $629,197 $1,156,555 $168,235
2021 $928,059 $369,108 $994,265 $558,951
2020 $369,246 $323,647 $467,639 $45,599
2019 $323,296 $322,337 $392,301 $959
2018 $317,392 $302,403 $384,910 $14,989
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