COURAGEOUS HEALING INC (EIN 833333360) - 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

2019

Legal Domicile

Principal Officer

JANELL M LANE

Phone

2604174801

Tax Period

2024-01-01 to 2024-12-31

COURAGEOUS HEALING INC, founded in 2019, is a community nonprofit in the Mental Health sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. Expenses of $872K left a modest 13% surplus.

Mission

RESTORE, STRENGTHEN, AND FACILITATE HEALING IN THE COMMUNITY BY UTILIZING A CULTURALLY-CENTERED APPROACH TO PROVIDING QUALITY COUNSELING AND MENTAL HEALTH SERVICES WITH A FOCUS ON SERVING MINORITY POPULATIONS.

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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 $840,001

Program Service Revenue $167,899

Investment Income $0

Other Revenue $-4,751

TOTAL REVENUE $1,003,149

Expense Breakdown

Grants Paid $0

Salaries & Benefits $511,758

Fundraising Expenses $73,503

Program Expenses $605,240

Other Expenses $360,363

TOTAL EXPENSES $872,121

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,003,149	$534,046	+0.9%
Expenses	$872,121	$769,052	+0.1%
Net Income	$131,028	$-235,006	-1.6%

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

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

$213,364

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANELL M LANE	PRESIDENT	40.00	Officer	$108,583	$0	$108,583
AARON J LANE	VICE-PRESIDE	40.00	Officer	$94,530	$10,251	$104,781
KARRAH HERRING	BOARD MEMBER	1.00	Director	$0	$0	$0
REBECCA KARCHER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
NIKKI QUINTANA	SECRETARY	1.00	Officer Director	$0	$0	$0
JONATHON WATTLEY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LARRY WHITE	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
2024	$1,003,149	$872,121	$904,981	$131,028
2023	$534,046	$769,052	$767,697	$-235,006
2022	$571,627	$534,032	$1,001,259	$37,595
2021	$909,744	$234,239	$950,899	$675,505
2020	$276,513	$53,269	$348,986	$223,244

COURAGEOUS HEALING INC