MIAMI, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE HERALD CHARITIES INC, founded in 1977, is a small nonprofit that reported $405K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $589K exceeded revenue, resulting in a 46% operating deficit.
HERALD CHARITIES IS PRIMARILY INVOLVED IN THE ACCUMULATION OF FUNDS FOR CHARITABLE AND BENEVOLENT PURPOSES FOR THE AID OF THE NEEDY OR WORTHY INDIVIDUALS AND NOT FOR PROFIT ORGANIZATIONS.
HOLIDAY WISHBOOK PROGRAM: THE ORGANIZATION OPERATES UNDER THE HOLIDAY WISHBOOK PROGRAM, WHEREBY READERS OF THE MIAMI HERALD AND EL NUEVO HERALD ARE SOLICITED TO DONATE FUNDS FOR THE BENEFIT OF THE...
HOLIDAY WISHBOOK PROGRAM: THE ORGANIZATION OPERATES UNDER THE HOLIDAY WISHBOOK PROGRAM, WHEREBY READERS OF THE MIAMI HERALD AND EL NUEVO HERALD ARE SOLICITED TO DONATE FUNDS FOR THE BENEFIT OF THE NEEDY INDIVIDUALS WHO ARE PROFILED IN THE NEWSPAPERS. THE HERALD CHARITIES, INC. PROFILES NEEDY PEOPLE IN THE MIAMI HERALD MEDIA COMPANY'S NEWSPAPER DURING THE THANKSGIVING AND CHRISTMAS HOLIDAYS. SINCE ITS FOUNDING MORE THAN 100 YEARS AGO, THE MIAMI HERALD HAS CHAMPIONED THE NEEDS OF THE LESS FORTUNATE IN THE SOUTH FLORIDA COMMUNITY. IN 1952, THE MIAMI HERALD LEND-A-HAND FUND WAS INCORPORATED TO FORMALIZE THESE EFFORTS. IN DECEMBER 1982, THE MIAMI HERALD PUBLISHED ITS FIRST WISH BOOK IN AN EFFORT TO SPOTLIGHT NEEDY INDIVIDUALS IN SOUTH FLORIDA. THE MIAMI HERALD CHARITIES WAS OFFICIALLY FOUNDED IN 1995 TO OFFER READERS AN OPPORTUNITY TO MAKE A DIFFERENCE IN A NEIGHBOR'S LIFE. SINCE THEN, THE MIAMI HERALD READERS, TOGETHER WITH SPANISH-LANGUAGE READERS OF EL NUEVO HERALD, HAVE CONTRIBUTED SEVERAL MILLION DOLLARS TO ASSIST SOME OF THE NEEDIEST PEOPLE IN OUR COMMUNITY. WISHES RANGED FROM FOOD, CLOTHING, AND TOYS FOR THE HOLIDAYS TO MORE DESPERATELY NEEDED ITEMS SUCH AS MEDICAL SERVICES, WHEELCHAIRS, HOUSING AND HOME REPAIRS, FURNITURE AND DENTAL WORK. IN EARLY OCTOBER MORE THAN 600 NON-PROFIT SOCIAL SERVICE AGENCIES IN SOUTH FLORIDA WERE CONTACTED TO NOMINATE CLIENTS FOR THE WISH BOOK PROGRAM. SPECIFICALLY, WISH BOOK CANDIDATES ARE CLIENTS FOR WHOM THE AGENCIES HAVE ALREADY EXPENDED AVAILABLE FUNDING, BUT WHOSE NEEDS GO BEYOND THE AGENCY'S RESOURCES. THE NOMINEES ARE SCREENED BY THE WISH BOOK TEAM AND THE MIAMI HERALD REPORTERS WORK DILIGENTLY TO PROFILE AS MANY CASES AS POSSIBLE EVERY HOLIDAY SEASON, RUNNING FROM THANKSGIVING DAY THROUGH THE FIRST WEEK OF THE NEW YEAR. CURENTLY PLANS ARE UNDERWAY FOR ANOTHER SUCCESSFUL SEASON.
SILVER KNIGHT AWARDS: THE ORGANIZATION ALSO SPONSORS THE SILVER KNIGHT AWARDS, WHICH HONOR OUSTANDING SCHOLASTIC ACCHIEVEMENT AND COMMUNITY SERVICE OF HIGH SCHOOL STUDENTS IN MIAMI-DADE AND BROWARD...
SILVER KNIGHT AWARDS: THE ORGANIZATION ALSO SPONSORS THE SILVER KNIGHT AWARDS, WHICH HONOR OUSTANDING SCHOLASTIC ACCHIEVEMENT AND COMMUNITY SERVICE OF HIGH SCHOOL STUDENTS IN MIAMI-DADE AND BROWARD COUNTIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $404,562 | $511,310 | -0.2% |
| Expenses | $589,279 | $602,608 | 0.0% |
| Net Income | $-184,717 | $-91,298 | +1.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| NANCY ANCRUM - RETIRED 122023 | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| TANYA CHRISTIE BENNETT | SECRETARY/TR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAYMOND DUENAS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICK HIRSCH | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| DENISE MARTINEZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BOB MCFARLIN | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEX MENA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY MEYER | PRESIDENT 12 | N/A |
Officer
Director
|
$0 | $0 | $0 |
| MONICA RICHARDSON | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $404,562 | $589,279 | $2,255,918 | $-184,717 |
| 2023 | $511,310 | $602,608 | $2,073,376 | $-91,298 |
| 2022 | $477,092 | $637,336 | $2,136,490 | $-160,244 |
| 2021 | $718,556 | $506,273 | $2,418,328 | $212,283 |
| 2020 | $488,077 | $463,374 | $2,098,879 | $24,703 |
| 2019 | $470,640 | $515,459 | $2,000,003 | $-44,819 |
| 2018 | $2,099,663 | $454,477 | $2,007,237 | $1,645,186 |
Compare THE HERALD CHARITIES INC with other nonprofits in Florida and across the country.