HEALING ENERGIES AND RESEARCH TECH… - 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

2016

Legal Domicile

Principal Officer

ROBERT HERTZ

Phone

8583496768

Tax Period

2021-01-01 to 2021-12-31

HEALING ENERGIES AND RESEARCH TECHNOLOGIES INC, founded in 2016, is a small nonprofit that reported $410K in total revenue in fiscal year 2021. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

To improve and create advances in subtle energy technology relating to health and well being.

Program Service Accomplishments

Program 1

Expenses: $371,905

Provide health assessment services to individuals and companies with more than one employee. Our health assessments provide information to identify conditions affecting well being and health. Each...

Provide health assessment services to individuals and companies with more than one employee. Our health assessments provide information to identify conditions affecting well being and health. Each individual is interviewed and assessed by one or more of our experts. All test results are made available to individuals or their physicians only. 57 people were helped through the program in 2021.

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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 $24,225

Program Service Revenue $312,801

Investment Income $0

Other Revenue $72,920

TOTAL REVENUE $409,946

Expense Breakdown

Grants Paid $0

Salaries & Benefits $43,398

Fundraising Expenses $0

Program Expenses $371,905

Other Expenses $389,760

TOTAL EXPENSES $433,158

Year-over-Year Comparison

	2021	2020	Change
Revenue	$409,946	$331,168	+0.2%
Expenses	$433,158	$495,705	-0.1%
Net Income	$-23,212	$-164,537	-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

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
MARY CLARK	PRESIDENTDIRECTOR	40.00	Officer Director	$0	$0	$0
ROBERT HERTZ	SECDIRECTOR	40.00	Officer Director	$0	$0	$0
MARK S MILLER	Director	1.000	Director	$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	$409,946	$433,158	$376,374	$-23,212
2020	$331,168	$495,705	$31,151	$-164,537
2019	$407,426	$397,160	$49,509	$10,266
2018	$275,809	$256,064	$38,341	$19,745

HEALING ENERGIES AND RESEARCH TECHNOLOGIES INC