HEART FOR MONROE INC (EIN 811875190) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

Ginger Walle

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $78,465

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $78,465

Expense Breakdown

Grants Paid $51,057

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,057

Other Expenses $33,387

TOTAL EXPENSES $84,444

Year-over-Year Comparison

	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%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Role	Reportable Comp	Other Comp	Total
Farrah Hargett	Treasurer	Officer	$0	$0	$0
Dawn Rummage	Secretary	Officer	$0	$0	$0
Rich Majewski	Vice Chairman	Officer	$0	$0	$0
Ginger Walle	Chairman and Executive Direct	Officer	$0	$0	$0
Erika Harvey	Vice Chairman	Officer	$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
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

HEART FOR MONROE INC