UNIVERSAL HEART INC (EIN 731631162) - 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

2001

Legal Domicile

Principal Officer

JESSICA SETTLE

Phone

5742321650

Tax Period

2018-01-01 to 2018-12-31

UNIVERSAL HEART INC, founded in 2001, is a small nonprofit in the International Affairs sector that reported $398K in total revenue in fiscal year 2018. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION WAS ESTABLISHED IN 2001 TO PROMOTE AND ENCOURAGE AN INCREASED NUMBER OF RELIEF SHIPMENTS FROM THE U.S. TO DEVELOPING COUNTRIES BY REDUCING THE COST AND COMPLEXITY OF INTERNATIONAL SHIPPING. THE ORGANIZATION EXPANDED ITS MISSION IN 2007 TO INCLUDE A WAREHOUSING COMPONENT TO FACILITATE THE COLLECTION AND SHIPMENT OF HUMNITARIAN AID, INCLUDING BUT NOT LIMITED TO MEDICAL/PHAMACEUTICAL PRODUCTS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $397,593

Investment Income $0

Other Revenue $0

TOTAL REVENUE $397,593

Expense Breakdown

Grants Paid $0

Salaries & Benefits $228,746

Fundraising Expenses $0

Program Expenses $324,673

Other Expenses $157,769

TOTAL EXPENSES $386,515

Year-over-Year Comparison

	2018	2017	Change
Revenue	$397,593	$343,481	+0.2%
Expenses	$386,515	$405,272	0.0%
Net Income	$11,078	$-61,791	-1.2%

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

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

$146,000

Total Directors

$146,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA SETTLE	President	40.00	Officer Director	$146,000	$0	$146,000
DR TIM LONG	Vice President	1.00	Officer Director	$0	$0	$0
JANICE MEYER	Treasurer	5.00	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
2018	$397,593	$386,515	$121,400	$11,078

UNIVERSAL HEART INC