HOPEFUL HEARTS FOUNDATION INC (EIN 753003999) - 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

2002

Legal Domicile

Principal Officer

PAUL CRECELIUS

Phone

5026482253

Tax Period

2024-01-01 to 2024-12-31

HOPEFUL HEARTS FOUNDATION INC, founded in 2002, is a small nonprofit in the Human Services sector that reported $473K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $120K, a strong 25% operating margin.

Mission

PROVIDE SUPPORT TO ORPHANED AND AT RISK CHILDREN THROUGHOUT THE WORLD.

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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 $424,937

Program Service Revenue $0

Investment Income $47,657

Other Revenue $0

TOTAL REVENUE $472,594

Expense Breakdown

Grants Paid $184,591

Salaries & Benefits $82,935

Fundraising Expenses $34,302

Program Expenses $290,558

Other Expenses $85,338

TOTAL EXPENSES $352,864

Year-over-Year Comparison

	2024	2023	Change
Revenue	$472,594	$422,104	+0.1%
Expenses	$352,864	$354,038	0.0%
Net Income	$119,730	$68,066	+0.8%

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

Total Directors

$73,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL CRECELIUS	CHAIRMAN	1.00	Officer	$0	$0	$0
ROGER GARLAND	TREASURER	1.00	Officer	$0	$0	$0
LUTHER BAKKEN	SECRETARY	1.00	Officer	$0	$0	$0
LARRY ROACH	VICE PRESIDENT	1.00	Officer	$0	$0	$0
JEFF BELLUCCI	DIRECTOR	1.00	Director	$0	$0	$0
KATHY DRANE	DIRECTOR	1.00	Director	$0	$0	$0
JASON KANG	DIRECTOR	1.00	Director	$0	$0	$0
CONNIE ROACH	DIRECTOR	1.00	Director	$0	$0	$0
RYAN HUBBS	DIRECTOR	1.00	Director	$0	$0	$0
WHITNEY JONES	DIRECTOR	1.00	Director	$0	$0	$0
BRAD KEITH	EXECUTIVE DIRECTOR	40.00	Director	$73,000	$0	$73,000
BRAD HICKS	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$472,594	$352,864	$1,222,667	$119,730
2023	$422,104	$354,038	$1,102,440	$68,066
2022	$401,753	$357,824	$1,032,975	$43,929
2021	$361,189	$305,995	$989,046	$55,194
2020	$387,655	$329,262	$933,852	$58,393
2019	$488,614	$452,522	$875,459	$36,092

HOPEFUL HEARTS FOUNDATION INC