GOLDEN HEART FUND

EIN: 814595320 501(c)(3) Philanthropy & Grantmaking

SANTA CLARA, CA

Total Revenue
$658,824
Total Expenses
$1,153,921
Total Assets
$419,819
Net Assets
$378,159
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CA
Principal Officer
RONALD FERRARI
Phone
4089864808
Tax Period
2024-04-01 to 2025-03-31

GOLDEN HEART FUND, founded in 2016, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $659K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 75% operating deficit.

Mission

TO RAISE FUNDS THAT DELIVER URGENT RELIEF AND LIFE-STABILIZING SUPPORT TO FORMER FOOTBALL PLAYERS AND THEIR FAMILIES NATIONWIDE, WHILE MAINTAINING A DEDICATED SUPPORT NETWORK THAT CONNECTS THEM TO VITAL RESOURCES SUCH AS ACADEMIC ENRICHMENT, FINANCIAL PLANNING, CAREER GUIDANCE, AND COMPREHENSIVE PHYSICAL AND MENTAL HEALTH SERVICES

Program Service Accomplishments

Program 1
Expenses: $639,659

GRANTS MADE PURSUANT TO THE ORGANIZATION'S MISSION TO AID FORMER FOOTBALL PLAYERS AND THEIR FAMILIES SEEKING RELIEF FROM PERSONAL HARDSHIP, INCLUDING BUT NOT LIMITED TO BASIC LIVING EXPENSES, SHELTER...

Read more

GRANTS MADE PURSUANT TO THE ORGANIZATION'S MISSION TO AID FORMER FOOTBALL PLAYERS AND THEIR FAMILIES SEEKING RELIEF FROM PERSONAL HARDSHIP, INCLUDING BUT NOT LIMITED TO BASIC LIVING EXPENSES, SHELTER AND HOUSING, MENTAL HEALTH TREATMENT, OTHER MEDICAL CARE AND FUNERAL EXPENSES. THROUGH OUR EXTENSIVE AND GROWING STRATEGIC RELATIONSHIPS WITH THE NFL, NFLPA, PLAYER CARE ORGANIZATIONS, AND OUR VALUED CORPORATE PARTNERS, OUR NONPROFIT SUCCESSFULLY UNLOCKED AN ADDITIONAL $671,740 WORTH OF "INDIRECT SUPPORT." WHILE THIS SUPPORT IS NOT REFLECTED IN OUR BOTTOM LINE, IT HAS HAD A TANGIBLE IMPACT IMPROVING THE LIVES OF OUR PLAYERS AND THEIR FAMILIES BY PROVIDING CRITICAL RESOURCES BEYOND OUR DIRECT PROGRAMS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $268,671
Program Service Revenue $0
Investment Income $79,911
Other Revenue $310,242
TOTAL REVENUE $658,824

Expense Breakdown

Grants Paid $55,674
Salaries & Benefits $686,494
Fundraising Expenses $313,492
Program Expenses $639,659
Other Expenses $411,753
TOTAL EXPENSES $1,153,921

Year-over-Year Comparison

2024 2023 Change
Revenue $658,824 $456,623 +0.4%
Expenses $1,153,921 $831,045 +0.4%
Net Income $-495,097 $-374,422 +0.3%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
6
Volunteers
25

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
5
$170,000
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD FERRARI CHAIR 5.00
Officer Director
$0 $0 $0
HARRIS BARTON CHAIR 5.00
Officer Director
$0 $0 $0
RONNIE LOTT SECRETARY 5.00
Officer Director
$0 $0 $0
BRENT JONES TREASURER 5.00
Officer Director
$0 $0 $0
AL GUIDO DIRECTOR 2.00
Director
$0 $0 $0
VALERIE PANOU DIRECTOR 2.00
Director
$0 $0 $0
DWAINE BOARD DIRECTOR 2.00
Director
$0 $0 $0
JUNIOR BRYANT DIRECTOR 2.00
Director
$0 $0 $0
SCOTT BLACKBURN DIRECTOR 2.00
Director
$0 $0 $0
KILLJAN ANDERSON EXECUTIVE DIRECTOR 40.00
Officer
$170,000 $0 $170,000
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
2025 $658,824 $1,153,921 $419,819 $-495,097
2024 $456,623 $831,045 $958,387 $-374,422
2023 $256,875 $992,355 $1,370,708 $-735,480
2022 $464,761 $317,609 $2,304,977 $147,152
2021 $200,757 $352,775 $2,253,120 $-152,018
2020 $546,453 $213,733 $1,823,005 $332,720
2019 $954,111 $187,032 $1,651,854 $767,079
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GOLDEN HEART FUND with other nonprofits in California and across the country.