HR AND SON INC

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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

HETALKUMAR PATEL

Phone

8033974057

Tax Period

2024-01-01 to 2024-12-31

HR AND SON INC, founded in 2018, is a micro nonprofit that reported $11K in total revenue in fiscal year 2024. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $28K exceeded revenue, resulting in a 145% operating deficit.

Mission

CLUB

Program Service Accomplishments

Program 1

Expenses: $27,562 Revenue: $20,494

THE PURPOSE OF HR AND SONS INC IS TO PROVIDE A SAFE AND COMFORTABLE ATMOSPHERE FOR SOCIAL AND RECREATIONAL ACTIVITIES. HR AND SON INC PROVIDES AN ESTABLISHMENT IN THE COMMUNITY WHERE FAMILIES CAN...

THE PURPOSE OF HR AND SONS INC IS TO PROVIDE A SAFE AND COMFORTABLE ATMOSPHERE FOR SOCIAL AND RECREATIONAL ACTIVITIES. HR AND SON INC PROVIDES AN ESTABLISHMENT IN THE COMMUNITY WHERE FAMILIES CAN GATHER AND PLAY POOL. HR AND SONS INC HOSTS WEEKLY POOL TOURNAMENTS WHICH ARE ATTENDED BY MEMBERS OF THE 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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $11,245

TOTAL REVENUE $11,245

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,592

Fundraising Expenses $0

Program Expenses $27,562

Other Expenses $8,970

TOTAL EXPENSES $27,562

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,245	$44,981	-0.8%
Expenses	$27,562	$96,098	-0.7%
Net Income	$-16,317	$-51,117	-0.7%

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
HETALKUMAR PATEL	DIRECTOR	0.00	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	$11,245	$27,562	No data	$-16,317
2023	$44,981	$96,098	$12,710	$-51,117