HOOSIER FAMILIES INC (EIN 810803737) - 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

2015

Legal Domicile

Principal Officer

Alexander Burks

Phone

8006038330

Tax Period

2023-01-01 to 2023-12-31

HOOSIER FAMILIES INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $880K in total revenue in fiscal year 2023. Expenses of $815K left a modest 7% surplus.

Mission

Hoosier Families Inc. is dedicated to safeguarding the well-being of children and families. Through our comprehensive programs and services, we actively work to prevent child abuse and neglect, offering support and resources to families in need. Additionally, we are committed to fostering mental health within our community through tailored initiatives and outreach efforts. Together, we strive to create a safe, nurturing environment where every child can thrive and families can flourish.

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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 (2023)

Revenue Breakdown

Contributions & Grants $225,791

Program Service Revenue $654,213

Investment Income $0

Other Revenue $0

TOTAL REVENUE $880,004

Expense Breakdown

Grants Paid $0

Salaries & Benefits $598,833

Fundraising Expenses $0

Program Expenses $895,564

Other Expenses $216,495

TOTAL EXPENSES $815,328

Year-over-Year Comparison

	2023	2022	Change
Revenue	$880,004	N/A	N/A
Expenses	$815,328	N/A	N/A
Net Income	$64,676	$0	N/A

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Destiny Loyd	Board Vice President	0.00	Officer	$0	$0	$0
Alexander Burks	Board President	50.00	Director Key Emp	$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
2023	$880,004	$815,328	$273,000	$64,676
2020	$1,229,974	$1,244,849	$67,244	$-14,875
2019	$1,134,114	$1,066,466	$82,119	$67,648
2018	$674,412	$669,481	$14,471	$4,931

HOOSIER FAMILIES INC