Precious Hearts Sisterhood Inc

EIN: 812391633 501(c)(3) Human Services

Brooklyn, NY

Total Revenue
$518,825
Total Expenses
$360,905
Total Assets
$16,845
Net Assets
$16,845
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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
2016
Legal Domicile
NY
Phone
9174459743
Tax Period
2023-01-01 to 2023-12-31

Precious Hearts Sisterhood Inc, founded in 2016, is a small nonprofit in the Human Services sector that reported $519K in total revenue in fiscal year 2023. The organization ran a surplus of $158K, a strong 30% operating margin.

Mission

Conducts educational programs for young women by teaching essential job and life skills in order to gain valuable skills which will help them pursue a higher quality of life. The organization expanded its program to include an Adult Day Care where adults with disabilities both mentally and physically can receive assistance and eduation

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $518,825
Investment Income $0
Other Revenue $0
TOTAL REVENUE $518,825

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,404
Program Expenses $360,207
Other Expenses $360,905
TOTAL EXPENSES $360,905

Year-over-Year Comparison

2023 2022 Change
Revenue $518,825 $510,513 +0.0%
Expenses $360,905 $341,700 +0.1%
Net Income $157,920 $168,813 -0.1%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jhihad Griggs Secreatary 5
Officer
$0 $0 $0
Reather Harris Treasurer 5
Officer
$0 $0 $0
Earl Jones President 40
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
2023 $518,825 $360,905 $16,845 $157,920
2022 $510,513 $341,700 $359,031 $168,813
2021 $326,886 $142,809 $190,220 $184,077
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