HEARTS FOR MOMS INC

EIN: 821615669 501(c)(3) Human Services

West Palm Beach, FL

Total Revenue
$1,179,746
Total Expenses
$1,150,645
Total Assets
$567,359
Net Assets
$566,652
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Principal Officer
Angela Patricia Ball
Tax Period
2025-01-01 to 2025-12-31

HEARTS FOR MOMS INC, founded in 2016, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2025. Revenue decreased 8% compared to the prior year.

Mission

Hearts for Mom was created in response to the overwhelming challenges faced by single mothers and their children - challenges that often leave families vulnerable to the poverty, instability, and isolation. To address these needs, we offer a comprehensive three-phase program that coaches the moms to set goals (financial, educational/career, personal, physical and/or mental health and/or spiritual) so they can thrive and become self-sufficient. Hearts for Moms also developed the Hearts for Kids initiative to address issues and help children of the moms thrive.

Program Service Accomplishments

Program 1
Expenses: $418,414 Revenue: $620,721

Hearts for Mom has a full circle strategy to empower and support single moms. The Giving Hope and Changing Lives program serves single moms and their children under 18. The other parts of the program...

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Hearts for Mom has a full circle strategy to empower and support single moms. The Giving Hope and Changing Lives program serves single moms and their children under 18. The other parts of the program include Counseling, Education, Entrepreneurship initiative,Skills Development, and the Hears for Kids initiative. These programs serve every mother and every child in our program, which was 26 Moms and 44 children in 2024.

Program 2
Expenses: $175,796 Revenue: $216,272

In response to the growing crisis caused by the high cost of living we offer one of the fastest solutions to preventing homelessness - by subsidizing housing and other basic needs to help stabilize...

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In response to the growing crisis caused by the high cost of living we offer one of the fastest solutions to preventing homelessness - by subsidizing housing and other basic needs to help stabilize families and keep them together. In 2024 Hearts for Moms has subsidized rent and basic needs for 34 Moms and 64 children (98 individuals served). The housing program helps cover rent, utilities, groceries and furnishings. Our basic needs program provides diapers, wipes, formula, furnishings, clothing, medical and dental services as well as strollers and car seats.$258,497.16

Program 3
Expenses: $135,228 Revenue: $257,862

Another area we subsidize as part of our stabilization services is transportation. Needs are met via subsidizing the cost of automobile payments, insurance, gas, repairs. And occasionally cars are...

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Another area we subsidize as part of our stabilization services is transportation. Needs are met via subsidizing the cost of automobile payments, insurance, gas, repairs. And occasionally cars are donated. We helped with down payments for three moms.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,178,077
Program Service Revenue $0
Investment Income $1,669
Other Revenue $0
TOTAL REVENUE $1,179,746

Expense Breakdown

Grants Paid $397,718
Salaries & Benefits $315,856
Fundraising Expenses $191,164
Program Expenses $729,438
Other Expenses $437,071
TOTAL EXPENSES $1,150,645

Year-over-Year Comparison

2025 2024 Change
Revenue $1,179,746 $1,280,130 -0.1%
Expenses $1,150,645 $1,044,212 +0.1%
Net Income $29,101 $235,918 -0.9%
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

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Governance

Voting Members
9
Independent Members
9
Employees
7
Volunteers
122

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dwight Jacobsen Director 2
Director
$0 $0 $0
Linda Koldenhoven Director 2
Director
$0 $0 $0
Mary K Morales Director 2
Director
$0 $0 $0
Toni May Director 2
Director
$0 $0 $0
Dawn Connelly Director 2
Director
$0 $0 $0
Stacy Jo Coffee Secretary 2
Officer
$0 $0 $0
Angela Ball CEO 40
Officer
$0 $0 $0
Jeremy Brown Treasurer 5
Officer
$0 $0 $0
Gilda Green Chairman of Board 5
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
2025 $1,179,746 $1,150,645 $567,359 $29,101
2025 No data No data No data No data
2024 $1,280,130 $1,044,212 $562,758 $235,918
2023 $666,412 $738,130 $316,812 $-71,718
2022 $325,502 $211,153 $380,379 $114,349
2022 $327,160 $332,717 $256,747 $-5,557
2021 $318,277 $201,420 $261,033 $116,857
2021 $400,402 $280,348 $261,729 $120,054
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