Hearts of Life Inc

🔒

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

2017

Legal Domicile

Principal Officer

Luis Morales

Tax Period

2018-01-01 to 2018-12-31

Hearts of Life Inc, founded in 2017, is a small nonprofit in the International Affairs sector that reported $480K in total revenue in fiscal year 2018. Expenses of $422K left a modest 12% surplus.

Mission

Religious support and poverty assistance

Program Service Accomplishments

Program 1

Expenses: $396,097

Relief and development ministry that provides food, shelter, medical care, water, education, self-help programs, care for orphans, and emergency relief to the poor around the world in the name of...

Relief and development ministry that provides food, shelter, medical care, water, education, self-help programs, care for orphans, and emergency relief to the poor around the world in the name of Christ

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $352,135

Program Service Revenue $0

Investment Income $0

Other Revenue $128,000

TOTAL REVENUE $480,135

Expense Breakdown

Grants Paid $125,207

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $396,097

Other Expenses $296,514

TOTAL EXPENSES $421,721

Year-over-Year Comparison

	2018	2017	Change
Revenue	$480,135	N/A	N/A
Expenses	$421,721	N/A	N/A
Net Income	$58,414	N/A	N/A

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

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
Luis Morales	President	10.00	Officer Director	$0	$0	$0
Blanca Morales	Director	1.00	Director	$0	$0	$0
Zoila Marroqin	Treasurer	1.00	Officer	$0	$0	$0
Edwin Marroqin	Clerk	1.00	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
2018	$480,135	$421,721	$5,732,833	$58,414