Monroe, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HEART FOR MONROE INC, founded in 2016, is a micro nonprofit in the Religion sector that reported $78K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring.
Heart for Monroe is a nonprofit organization that exists to unite and mobilize churches, community organizations, ministries, businesses, and individuals to address homelessness, hunger, education, and build relationships in our community.
In-school Ministry Mentoring Clubs (materials, food, mentoring kits, guest speakers).H4M Community Ministry Events (free food, clothing, school supplies, toiletries, music, hot food, drive thru...
In-school Ministry Mentoring Clubs (materials, food, mentoring kits, guest speakers).H4M Community Ministry Events (free food, clothing, school supplies, toiletries, music, hot food, drive thru avaiable).Free H4M Youth ministry events (after school and summer) The Closet (free clothing ministry,food, snacks, school supplies,new beds for kids,donated furniture) for those in need. Chalk It Up to Love (free school supplies and snacks for teachers in low income schools).Senior Adult Support (food & events. Prom Dress Event (free prom dresses and attire for students in need) Healthy Mind Healthy Living Program.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $78,465 | $106,753 | -0.3% |
| Expenses | $84,444 | $89,808 | -0.1% |
| Net Income | $-5,979 | $16,945 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Farrah Hargett | Treasurer | 0.00 |
Officer
|
$0 | $0 | $0 |
| Dawn Rummage | Secretary | 0.00 |
Officer
|
$0 | $0 | $0 |
| Rich Majewski | Vice Chairman | 0.00 |
Officer
|
$0 | $0 | $0 |
| Ginger Walle | Chairman and Executive Direct | 0.00 |
Officer
|
$0 | $0 | $0 |
| Erika Harvey | Vice Chairman | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $78,465 | $84,444 | $5,524 | $-5,979 |
| 2022 | $106,753 | $89,808 | $16,503 | $16,945 |
Compare HEART FOR MONROE INC with other nonprofits in North Carolina and across the country.