Hearts for Moms Inc (EIN 821615669) - Form 990 Financial Analysis & Trantor Score

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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

Angela Ball

Phone

5612368489

Tax Period

2024-01-01 to 2024-12-31

Hearts for Moms Inc, founded in 2016, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $236K, a strong 18% operating margin.

Mission

Hearts for Moms was dreated in response to the overwhelming challenges faced by single mothers and their children - challenges that often leave families vulnerable to poverty, instability and isolation. To address these needs, we offer a comprehensive, three phase program that

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,277,543

Program Service Revenue $0

Investment Income $2,587

Other Revenue $0

TOTAL REVENUE $1,280,130

Expense Breakdown

Grants Paid $393,502

Salaries & Benefits $202,595

Fundraising Expenses $220,065

Program Expenses $564,267

Other Expenses $448,115

TOTAL EXPENSES $1,044,212

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,280,130	$666,412	+0.9%
Expenses	$1,044,212	$738,130	+0.4%
Net Income	$235,918	$-71,718	-4.3%

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
Dwight Jacobsen	Director	2.00	Director	$0	$0	$0
Linda Koldenhoven	Director	2.00	Director	$0	$0	$0
Mary K Morales	Director	2.00	Director	$0	$0	$0
Toni May	Director	2.00	Director	$0	$0	$0
Dawn Connelly	Director	2.00	Director	$0	$0	$0
Stacy Jo Coffee	Secretary	2.00	Officer	$0	$0	$0
Angela Ball	CEO	40.00	Officer	$0	$0	$0
Jeremy Brown	Treasurer	5.00	Officer	$0	$0	$0
Gilda Green	Chairman of Board	5.00	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
2024	$1,280,130	$1,044,212	$562,758	$235,918
2023	$666,412	$738,130	$316,812	$-71,718
2022	$327,160	$332,717	$256,747	$-5,557
2022	$325,502	$211,153	$380,379	$114,349
2021	$318,277	$201,420	$261,033	$116,857
2021	$400,402	$280,348	$261,729	$120,054

Hearts for Moms Inc