SEVEN HEARTS FOUNDATION (EIN 832830628) - 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

FRANCES OLSON

Phone

8589227421

Tax Period

2022-01-01 to 2022-12-31

SEVEN HEARTS FOUNDATION, founded in 2018, is a micro nonprofit in the Education sector that reported $32K in total revenue in fiscal year 2022. Revenue fell 74% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $18K, a strong 57% operating margin.

Mission

TO PROVIDE GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES, WITH A FOCUS ON EDUCATIONAL MATTERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,195

Program Service Revenue $0

Investment Income $30,754

Other Revenue $0

TOTAL REVENUE $31,949

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $13,896

TOTAL EXPENSES $13,896

Year-over-Year Comparison

	2022	2021	Change
Revenue	$31,949	$123,702	-0.7%
Expenses	$13,896	$2,538	+4.5%
Net Income	$18,053	$121,164	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANCES OLSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
GERALDINE OLSON	SECRETARY & TREASURER	1.00	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
2022	$31,949	$13,896	$585,311	$18,053
2021	$123,702	$2,538	$681,624	$121,164
2020	$222,460	$303	$523,902	$222,157

SEVEN HEARTS FOUNDATION