HEARTSENT ADOPTIONS INC (EIN 680367353) - 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

1995

Legal Domicile

Phone

9252548883

Tax Period

2024-01-01 to 2024-12-31

HEARTSENT ADOPTIONS INC, founded in 1995, is a small nonprofit in the Human Services sector that reported $703K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $648K left a modest 8% surplus.

Mission

Heartsent Adoptions Inc is a full service domestic and international adoption agency that provides assistance and education to adopting parents and families.

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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 $245

Program Service Revenue $702,671

Investment Income $0

Other Revenue $0

TOTAL REVENUE $702,916

Expense Breakdown

Grants Paid $0

Salaries & Benefits $435,343

Fundraising Expenses $0

Program Expenses $518,046

Other Expenses $212,215

TOTAL EXPENSES $647,558

Year-over-Year Comparison

	2024	2023	Change
Revenue	$702,916	$805,680	-0.1%
Expenses	$647,558	$677,437	0.0%
Net Income	$55,358	$128,243	-0.6%

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

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

$75,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Wayne Mott	Executive Dir.	40.00	Officer	$75,000	$0	$75,000
Michael Markovich	President	5.00	Officer Director	$0	$0	$0
Richard Hochanadel	Vice President	5.00	Officer Director	$0	$0	$0
Melinda Van Herke	Treasurer	5.00	Officer Director	$0	$0	$0
Audrey Foster	Secretary	5.00	Officer Director	$0	$0	$0
Kevin Van Donselaar	BOARD MEMBER	5.00	Director	$0	$0	$0
Scott Mars	Board Member	5.00	Director	$0	$0	$0
Shawn Kane	Board Member	5.00	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	$702,916	$647,558	$474,178	$55,358
2023	$805,680	$677,437	$462,347	$128,243
2022	$815,408	$886,476	$378,764	$-71,068
2021	$996,637	$994,459	$216,190	$2,178
2020	$1,124,191	$958,764	$257,665	$165,427
2019	$1,073,034	$1,037,849	$152,759	$35,185
2018	$887,176	$1,114,927	$155,443	$-227,751
2017	$1,229,472	$1,268,931	$275,840	$-39,459

HEARTSENT ADOPTIONS INC