HED Group 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

Kenneth Hobbs

Phone

2053747992

Tax Period

2023-01-01 to 2023-12-31

HED Group Inc, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $563K, a strong 51% operating margin.

Mission

The charity rasises money to be distributed to organizations for the public benefit.

Program Service Accomplishments

Program 1

Expenses: $546,402 Revenue: $1,109,129

The charity rasises money to be distributed by the Greene County Sherriff's office to organization for the public benefit.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $1,109,129

TOTAL REVENUE $1,109,129

Expense Breakdown

Grants Paid $546,402

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $546,402

Other Expenses $0

TOTAL EXPENSES $546,402

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,109,129	$698,907	+0.6%
Expenses	$546,402	$631,175	-0.1%
Net Income	$562,727	$67,732	+7.3%

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

Volunteers

N/A

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
Kenneth Hobbs	President	25.00	Officer Director	$0	$0	$0
Calvin Hobbs	Secretary Treasurer	20.00	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
2024	No data	No data	No data	No data
2023	$1,109,129	$546,402	$630,459	$562,727
2022	$698,907	$631,175	$314,876	$67,732