HEART MINISTRY CENTER

EIN: 810614816 501(c)(3) Food, Agriculture & Nutrition

OMAHA, NE

Total Revenue
$13,519,731
Total Expenses
$11,779,149
Total Assets
$15,090,707
Net Assets
$12,446,775
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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
NE
Principal Officer
MIKE MASEK
Phone
4024512321
Tax Period
2024-07-01 to 2025-06-30

HEART MINISTRY CENTER, founded in 2002, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $13.5M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $11.8M left a modest 13% surplus.

Mission

HEART MINISTRY CENTER'S MISSION IS TO PROVIDE FOOD, HEALTHCARE, AND A WAY FORWARD TO PEOPLE SEVERELY AFFECTED BY POVERTY IN THE OMAHA AREA. HEART MINISTRY CENTER'S CORE PROGRAMS INCLUDE A CHOICE FOOD DISTRIBUTION PROGRAM, MONEN HEALTHCARE CLINIC (WHICH PROVIDES MEDICAL, DENTAL, VISION, AND MENTAL HEALTH SERVICES), WILLING PARTNER CASE MANAGEMENT PROGRAM, FRESH START JOB TRAINING/PLACEMENT PROGRAM, AND TWO SOCIAL ENTERPRISES (FRESH START LAUNDROMAT AND FRESH FLORAL).

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,927,166
Program Service Revenue $439,104
Investment Income $130,447
Other Revenue $23,014
TOTAL REVENUE $13,519,731

Expense Breakdown

Grants Paid $233,224
Salaries & Benefits $3,530,989
Fundraising Expenses $415,463
Program Expenses $9,651,276
Other Expenses $8,014,936
TOTAL EXPENSES $11,779,149

Year-over-Year Comparison

2024 2023 Change
Revenue $13,519,731 $16,266,564 -0.2%
Expenses $11,779,149 $13,534,935 -0.1%
Net Income $1,740,582 $2,731,629 -0.4%
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

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Governance

Voting Members
15
Independent Members
15
Employees
66
Volunteers
7394

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
9
$666,553
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRI SANDERS SECRETARY 1.00
Officer Director
$0 $0 $0
ANDY KAMMERER DIRECTOR 1.00
Director
$0 $0 $0
ELENA REVEIZ DIRECTOR 1.00
Director
$0 $0 $0
FR DAVE KORTH DIRECTOR 1.00
Director
$0 $0 $0
JOEL BESSMER MD DIRECTOR 1.00
Director
$0 $0 $0
JAMIE WALKER PRESIDENT 1.00
Officer Director
$0 $0 $0
CELANN LAGRECA DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW MERCER DIRECTOR 1.00
Director
$0 $0 $0
BRYAN WILSON DIRECTOR 1.00
Director
$0 $0 $0
ANDREW COLLINS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ROB WILCOX DIRECTOR 1.00
Director
$0 $0 $0
MARANDA ADAMS DIRECTOR 1.00
Director
$0 $0 $0
BRENDA COUNCIL DIRECTOR 1.00
Director
$0 $0 $0
TREVOR KULA DIRECTOR 1.00
Director
$0 $0 $0
BETH TYLER TREASURER 1.00
Officer Director
$0 $0 $0
AMY HOLMES CHIEF OPERATING OFFICER 40.00
Officer
$114,878 $16,403 $131,281
DAMANY RAHN CEO 40.00
Officer
$152,315 $16,392 $168,707
RICK BERGER CHIEF DEVELOPMENT OFFICER 40.00
Officer
$124,249 $751 $125,000
NICOLE HUBER CIO (THRU JANUARY 2025) 40.00
Officer
$111,005 $15,477 $126,482
MIKE MASEK CFO 40.00
Officer
$115,083 $0 $115,083
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 $13,519,731 $11,779,149 $15,090,707 $1,740,582
2024 $16,266,564 $13,534,935 $11,001,946 $2,731,629
2023 $10,739,368 $11,274,423 $7,487,486 $-535,055
2022 $8,339,552 $8,332,553 $7,524,049 $6,999
2021 $11,028,007 $10,760,221 $7,951,920 $267,786
2020 $8,273,872 $6,374,731 $7,688,746 $1,899,141
2019 $4,590,461 $1,956,983 $4,165,879 $2,633,478
2018 $1,036,988 $1,225,644 $1,535,012 $-188,656
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