HEROES FOUNDATION INC

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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

ANDRA C MARTINEZ

Phone

3179836580

Tax Period

2024-01-01 to 2024-12-31

HEROES FOUNDATION INC, founded in 2000, is a small nonprofit in the Diseases & Disorders sector that reported $595K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Net assets of $1.7M represent 34 months of operating reserves.

Mission

TO PROVIDE MEANINGFUL SUPPORT TO CANCER PATIENTS, EDUCATION TO PROMOTE CANCER PREVENTION AND RESOURCES TO ADVANCE RESEACH FOR A CURE.

Program Service Accomplishments

Program 1

Expenses: $573,453

GRANT TO COMMUNITY HEALTH, ONCOLOGY PATIENT ASSISTANCE FUND GRANT TO SJP HEROES CANCER RESEARCH FUND VIA IU FOUNDATION GRANT TO TJP ASSOCIATED PEDIATRIC RESEARCH ASH MEMORIAL SCHOLARSHIP FUND VIA THE IU FOUNDATION GRANT TO THE MOVE PROJECT AT THE IUSCC GRANT TO IU HEALTH FOUNDAION IN SUPPORT OF COMPLETELIFE PROGRAM FOR FIRST MONDAYS AND ART SHOW GRANT TO HARPER CANCER RESEARCH INSTITUTE AT NOTRE DAME TYLER TRENT PEDIATRIC CANCER RESAERCH CENTER WITHIN THE PURDUE INSTITUTE FOR CANCER RESEARC

Program 2

TEAM HEROES IS A CYCLING TEAM COMPETING AT ALL LEVELS AND IS USED AS A VEHICLE TO RAISE AWARENESS ABOUT THE HEROES FOUNDATION'S COMMITMENT TO THE BATTLE AGAINST CANCER THROUGH PROMOTION OF LIVING A...

Program 3

TEAM JOEY SUPPORTS PEDIATRIC CANCER RESEARCH PROJECTS WITHIN THE INDIANA UNIVERSITY SCHOOL OF MEDICINE, AS WELL AS DELIVERING LEGO TOYS TO PEDIATRIC CANCER PATIENTS.

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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 $46,066

Program Service Revenue $0

Investment Income $64,184

Other Revenue $485,072

TOTAL REVENUE $595,322

Expense Breakdown

Grants Paid $257,504

Salaries & Benefits $229,863

Fundraising Expenses $0

Program Expenses $573,453

Other Expenses $126,033

TOTAL EXPENSES $613,400

Year-over-Year Comparison

	2024	2023	Change
Revenue	$595,322	$864,392	-0.3%
Expenses	$613,400	$1,313,741	-0.5%
Net Income	$-18,078	$-449,349	-1.0%

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

250

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

$116,000

Total Directors