HEARTS OF JOY INTERNATIONAL CORP

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

LAUREN COSTABILE

Phone

2016946559

Tax Period

2024-01-01 to 2024-12-31

HEARTS OF JOY INTERNATIONAL CORP, founded in 2018, is a small nonprofit in the International Affairs sector that reported $415K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $78K, a strong 19% operating margin.

Mission

THE ORGANIZATION PROVIDES SERVICES FOR HEART SURGERIES INCLUDING PRE AND POST MEDICAL CARE FOR PATIENTS WITH DOWN SYNDROME.

Program Service Accomplishments

Program 1

Expenses: $297,399

THE ORGANIZATION PROVIDES LIFE SAVING HEART SURGERIES FOR CHILDREN IN THE PHILIPPINES AND INDIA. WE PROVIDED TWO TYPES OF SURGERIES FOR CHILDREN IN NEED - OPEN HEART SURGERY AND PDA DEVICE CLOSURE...

THE ORGANIZATION PROVIDES LIFE SAVING HEART SURGERIES FOR CHILDREN IN THE PHILIPPINES AND INDIA. WE PROVIDED TWO TYPES OF SURGERIES FOR CHILDREN IN NEED - OPEN HEART SURGERY AND PDA DEVICE CLOSURE SURGERY. WE DID OPEN HEART SURGERIES IN THE PHILIPPINES AND INDIA AND PDA DEVICE CLOSURE SURGERIES IN THE PHILIPPINES AND INDIA. THE PROGRAM COSTS FOR A HOSPITAL STAY IS BETWEEN $5,000 TO $12,000 PER CHILD AND THE PDA DEVICE CLOSURE SURGERY COSTS BETWEEN $1,200 AND $2,500 PER CHILD. THESE COSTS DO NOT INCLUDE PATIENT TRAVEL COSTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $419,375

Program Service Revenue $0

Investment Income $0

Other Revenue $-4,379

TOTAL REVENUE $414,996

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,735

Fundraising Expenses $0

Program Expenses $297,399

Other Expenses $249,397

TOTAL EXPENSES $337,132

Year-over-Year Comparison

	2024	2023	Change
Revenue	$414,996	$261,110	+0.6%
Expenses	$337,132	$275,933	+0.2%
Net Income	$77,864	$-14,823	-6.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$81,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAUREN COSTABILE	Executive Dir.	40.00	Officer	$81,500	$0	$81,500
MYMA ALBAYDA	OFFICER	2.00	Director	$0	$0	$0
KATHRYN GRIFONETTI	OFFICER	2.00	Director	$0	$0	$0
CASSIE PANZENBECK	OFFICER	2.00	Director	$0	$0	$0
NEIL HASKELL	Treasurer	2.00	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	$414,996	$337,132	$135,504	$77,864
2023	$263,110	$275,933	$59,640	$-12,823
2022	$261,319	$322,341	$72,463	$-61,022
2021	$191,614	$160,414	$133,485	$31,200
2020	$156,863	$103,761	$159,223	$53,102