HEALING COMMUNITIES INC

EIN: 824525513 501(c)(3) Mental Health

COVINGTON, GA

Total Revenue
$15,000
Total Expenses
$14,312
Total Assets
$688
Net Assets
$688
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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
2018
Legal Domicile
GA
Principal Officer
SHERENA VALICO
Phone
8602506562
Tax Period
2022-01-01 to 2022-12-31

HEALING COMMUNITIES INC, founded in 2018, is a micro nonprofit in the Mental Health sector that reported $15K in total revenue in fiscal year 2022. Expenses of $14K left a modest 5% surplus.

Mission

TO EMPOWER AND RENEW INDIVIDUALS AND FAMILY LIVES THROUGH PSYCHIATRIC MENTAL HEALTH NURSING AND COMMUNITY MENTAL HEALTH SERVICE PROGRAMS, SEMINARS, RETREATS, CAREER ASSESSMENTS AND COUNSELING IN ORDER TO FACILITATE THE HEALING PROCESS AND BREAK THE CYCLE OF ADDICTION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $15,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $15,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $15,000
Other Expenses $14,312
TOTAL EXPENSES $14,312

Year-over-Year Comparison

2022 2021 Change
Revenue $15,000 N/A N/A
Expenses $14,312 N/A N/A
Net Income $688 N/A N/A
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

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Governance

Voting Members
N/A
Independent Members
N/A
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERENA VALICO DIRECTOR 075.00
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
2022 $15,000 $14,312 $688 $688
2021 $10,000 $10,000 No data No data
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