JOYFUL HEARTS COMMUNITY SERVICES I… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

CLARENCE STANTON

Phone

5104993525

Tax Period

2021-01-01 to 2021-07-01

JOYFUL HEARTS COMMUNITY SERVICES INC, founded in 2017, is a micro nonprofit that reported $27K in total revenue in fiscal year 2021. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $34K exceeded revenue, resulting in a 28% operating deficit.

Mission

A SOCIAL SERVICES SUPPORT ORGANIZATION TASK WITH THE ASSIGNMENT OF "EDUCATE,EMPOWER, AND EMPLOY RESIDENTS IN THE OAKLAND COMMUNITY WITH LIFE TRANSFORMATION OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $31,868 Revenue: $26,804

PRIMARY SERVICES ARE TRANSPORTATION FOR LOW INCOME ELDERLY AND DISABLED RESIDENTS AS WELL AS JOB OPPORTUNITY AND LEADERSHIP DEVELOPMENT FOR THE FORMERLY INCARCERATED COMMUNITY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $5,000

Program Service Revenue $0

Investment Income $0

Other Revenue $21,804

TOTAL REVENUE $26,804

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,868

Other Expenses $34,386

TOTAL EXPENSES $34,386

Year-over-Year Comparison

	2021	2020	Change
Revenue	$26,804	$22,667	+0.2%
Expenses	$34,386	$28,202	+0.2%
Net Income	$-7,582	$-5,535	+0.4%

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

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
CLARENCE STANTON	CEO	30.00	Officer	$0	$0	$0
DR LINDA BOYKINS	EXECUTIVE DIRECTOR	20.00	Key Emp	$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	$26,804	$34,386	No data	$-7,582
2021	$26,804	$36,184	No data	$-9,380
2020	$22,667	$28,202	$38,323	$-5,535
2019	$80,402	$75,316	$38,419	$5,086
2018	$105,291	$96,301	$37,964	$8,990

JOYFUL HEARTS COMMUNITY SERVICES INC