THE HEARTLAND FOUNDATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

MICHAEL MURPHY

Phone

2705596159

Tax Period

2023-07-01 to 2024-06-30

THE HEARTLAND FOUNDATION INC, founded in 1999, is a small nonprofit that reported $193K in total revenue in fiscal year 2023. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $102K, a strong 53% operating margin.

Mission

SUPPORTING THE CHARITABLE AND EDUCATIONAL MISSION OF HEARTLAND CARES INC. IN THE DELIVERY OF NECESSARY AND ESSENTIAL HEALTH SERVICES, THROUGH THE OWNERSHIP AND MANAGEMENT OF REAL AND PERSONAL PROPERTY, AND MAKING SUCH REAL AND PERSONAL PROPERTY AVAILABLE THROUGH REASONABLE LEASE AGREEMENT TO HEARTLAND CARES, INC.

Program Service Accomplishments

Program 1

Expenses: $90,867 Revenue: $192,660

PROVIDING SUPPORT SERVICES, OUTREACH, FUNDRAISING FOR HEARTLAND CARES INC.

Program 2

N/A

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $192,660

Investment Income $0

Other Revenue $0

TOTAL REVENUE $192,660

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $90,867

Other Expenses $90,867

TOTAL EXPENSES $90,867

Year-over-Year Comparison

	2023	2022	Change
Revenue	$192,660	$105,960	+0.8%
Expenses	$90,867	$104,529	-0.1%
Net Income	$101,793	$1,431	+70.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JAMES CHRIS JONES	MEMEBER	Director	$0	$0	$0
MICHAEL MURPHY	PRESIDENT	Officer	$0	$0	$0
NATHAN YANCY	VICE PRESIDENT	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	$192,660	$90,867	$910,555	$101,793
2023	$105,960	$104,529	$937,431	$1,431
2022	$108,710	$114,280	$954,500	$-5,570
2021	$108,960	$86,205	$978,371	$22,755