HEARTWOOD REFUGE (EIN 820983637) - 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

2018

Legal Domicile

Principal Officer

Ven Pannavati

Phone

8283382665

Tax Period

2021-01-01 to 2021-12-31

HEARTWOOD REFUGE, founded in 2018, is a small nonprofit in the Religion sector that reported $370K in total revenue in fiscal year 2021. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $632K exceeded revenue, resulting in a 71% operating deficit.

Mission

PROVIDE RELIGIOUS AN SPIRITUAL TRAINING TO INDIVIDUALS & PROVIDE RELIEF TO THE NEEDY.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $183,151

Program Service Revenue $186,681

Investment Income $0

Other Revenue $0

TOTAL REVENUE $369,832

Expense Breakdown

Grants Paid $6,425

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $631,561

Other Expenses $625,136

TOTAL EXPENSES $631,561

Year-over-Year Comparison

	2021	2020	Change
Revenue	$369,832	$309,824	+0.2%
Expenses	$631,561	$510,659	+0.2%
Net Income	$-261,729	$-200,835	+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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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
MAUREEN HALL	BOARD MEMBER	0.50	Director	$0	$0	$0
VEN PANNAVATI	PRESIDENT	60.00	Officer	$0	$0	$0
VEN PANNADIPA	VICE PRESIDENT	10	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
2021	$369,832	$631,561	$2,096,945	$-261,729
2020	$309,824	$510,659	$2,013,186	$-200,835
2019	$390,600	$447,201	$1,983,345	$-56,601
2018	$479,934	$282,032	$1,980,456	$197,902

HEARTWOOD REFUGE