BLAZING HEARTS INC (EIN 831925808) - 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

2018

Legal Domicile

Principal Officer

BACELISA MELENDEZ VAN WYK

Phone

9207505180

Tax Period

2024-01-01 to 2024-12-31

BLAZING HEARTS INC, founded in 2018, is a community nonprofit in the Recreation & Sports sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $952K left a modest 15% surplus.

Mission

PROVIDING TRAINING AND EXPOSURE TO AMATEUR ATHLETES IN A SAFE, SECURE AND HOLISTIC ENVIRONMENT THAT BUILDS THE COMPLETE ATHLETE MENTALLY, PHYSICALLY, SOCIALLY, FINANCIALLY AND SPIRITUALLY TO BE CHAMPIONS FOR LIFE WHO GIVE BACK TO THEIR 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 (2024)

Revenue Breakdown

Contributions & Grants $90,870

Program Service Revenue $1,027,388

Investment Income $77

Other Revenue $0

TOTAL REVENUE $1,118,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $638,172

Other Expenses $952,029

TOTAL EXPENSES $952,029

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,118,335	$864,781	+0.3%
Expenses	$952,029	$843,865	+0.1%
Net Income	$166,306	$20,916	+7.0%

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

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
BACELISA MELENDEZ VAN WYK	PRESIDENT	30.00	Officer Director	$0	$0	$0
TIMOTHY VAN WYK	VICE-PRESIDENT	4.00	Officer Director	$0	$0	$0
JIM MCGLONE	SECRETARY	3.00	Officer 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
2024	$1,118,335	$952,029	$185,248	$166,306
2023	$864,781	$843,865	$40,459	$20,916
2022	$601,835	$599,933	$208,373	$1,902
2021	$473,456	$510,056	$155,095	$-36,600
2020	$412,450	$412,750	$127,827	$-300

BLAZING HEARTS INC