KENNEDY'S HUGS INC

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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

Principal Officer

Jason Hansen

Phone

8013894856

Tax Period

2021-01-01 to 2021-12-31

KENNEDY'S HUGS INC, founded in 2016, is a small nonprofit that reported $310K in total revenue in fiscal year 2021. Revenue surged 199% from the prior year, signaling strong growth momentum. The organization ran a surplus of $234K, a strong 75% operating margin.

Mission

Kennedys Hugs was formed in honor of Kennedy Ann Hansen, who passed away from terminal juvenile Batten disease. Its mission is to help families who have a child with a terminal illness to find hope through Healing, Uniting, Giving, and Sharing. Activities include providing for family needs before, during, and after a death or family trauma.

Program Service Accomplishments

Program 1

Expenses: $20,368

Expenses incurred to raise awareness of terminal juvenile Batten disease and of challenges faced by families who have a child with a terminal illness. This goal was pursued via screenings of a...

Expenses incurred to raise awareness of terminal juvenile Batten disease and of challenges faced by families who have a child with a terminal illness. This goal was pursued via screenings of a feature-length movie produced for general cinematic release entitled Kennedys Hugs and speeches and seminars given by Kennedys parents, Jason and Heather Hansen, to audiences in the US and Canada. Other accomplishments included the provision of clothing, gift cards, and supplies to individuals and families in need donation of movies and books produced by the foundation to community members donation of food/meals, camp costs, medical costs, and scholarships to the community guided trips, vacation lodging and activities, and event tickets for families of afflicted children assistance in fundraising for treatment of terminal juvenile Batten disease and other similar diseases financial assistance for funerals/memorials and flowers for the families of deceased children and holding the Kennedys Hugs Angel Event Celebration.

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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 (2021)

Revenue Breakdown

Contributions & Grants $306,889

Program Service Revenue $0

Investment Income $2,500

Other Revenue $262

TOTAL REVENUE $309,651

Expense Breakdown

Grants Paid $20,368

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,368

Other Expenses $55,610

TOTAL EXPENSES $75,978

Year-over-Year Comparison

	2021	2020	Change
Revenue	$309,651	$103,430	+2.0%
Expenses	$75,978	$87,630	-0.1%
Net Income	$233,673	$15,800	+13.8%

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

N/A

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
JASON HANSEN	Vice President	005.00	Officer Director	$0	$0	$0
HEATHER HANSEN	President	015.00	Officer Director	$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
2021	$309,651	$75,978	$312,323	$233,673
2020	$103,430	$87,630	$114,545	$15,800