CHAMPIONSHIP HEARTS FOUNDATION

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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

2000

Legal Domicile

Principal Officer

ARNOLD FENRICH MD

Phone

5129003243

Tax Period

2024-01-01 to 2024-12-31

CHAMPIONSHIP HEARTS FOUNDATION, founded in 2000, is a small nonprofit in the Medical Research sector that reported $349K in total revenue in fiscal year 2024. Expenses of $324K left a modest 7% surplus.

Mission

To lead the nation in cost effective heart screening for adolescents

Program Service Accomplishments

Program 1

Expenses: $287,535 Revenue: $0

THE ORGANIZATION IMPROVED CARDIOVASCULAR AWARENESS AND OVERALL HEALTH THROUGH SEVERAL PUBLIC EVENTS INCLUDING HEART SCREENINGS OF YOUNG ATHLETES AND THROUGH CONTINUED RESEARCH VIA A SCIENTIFIC DATA...

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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 $307,775

Program Service Revenue $13,077

Investment Income $3

Other Revenue $28,578

TOTAL REVENUE $349,433

Expense Breakdown

Grants Paid $0

Salaries & Benefits $77,660

Fundraising Expenses $23,129

Program Expenses $287,535

Other Expenses $246,554

TOTAL EXPENSES $324,214

Year-over-Year Comparison

	2024	2023	Change
Revenue	$349,433	$340,663	+0.0%
Expenses	$324,214	$302,679	+0.1%
Net Income	$25,219	$37,984	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

200

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

$55,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SILVANA MOLOSSI MD PHD	VP - S & R	1.00	Officer Director	$0	$0	$0
DAVID URWILER	TREASURER	1.00	Officer Director	$0	$0	$0
JACK LOUIS MD	DIRECTOR	0.25	Director	$0	$0	$0
DAVID A DAVIS	VICE-PRESIDENT	0.25	Officer Director	$0	$0	$0
ARNOLD FENRICH MD	PRESIDENT	2.00	Officer Director	$0	$0	$0
GREG CORTES	DIRECTOR	0.25	Director	$0	$0	$0
BAILEY STROHMEYER	DIRECTOR	0.25	Director	$0	$0	$0
MATT NADER	SECRETARY	0.25	Officer Director	$0	$0	$0
MICHELLE GARCIA	EXECUTIVE DIRECTOR	40.00	Key Emp	$55,000	$0	$55,000
BRIAN HENSLEY	DIRECTOR	0.25	Director	$0	$0	$0
STUART ROWE MD	DIRECTOR	0.25	Director	$0	$0	$0
VU NGUYEN MD	DIRECTOR	0.25	Director	$0	$0	$0
BRANDON THOMAS	DIRECTOR	0.25	Director	$0	$0	$0
BYRON HOLT MD	DIRECTOR	0.25	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	$349,433	$324,214	$90,229	$25,219
2023	$340,663	$302,679	$66,981	$37,984
2022	$285,547	$272,119	$41,799	$13,428
2021	$292,532	$287,540	$19,949	$4,992
2020	$253,614	$323,817	$31,455	$-70,203
2019	$322,673	$330,009	$101,508	$-7,336
2018	$250,595	$333,924	$108,844	$-83,329