COURAGEOUS HEARTS ADOPTIONS INC (EIN 833914573) - 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

SARA BAKER

Phone

3179643365

Tax Period

2024-01-01 to 2024-12-31

COURAGEOUS HEARTS ADOPTIONS INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $916K in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. Expenses of $860K left a modest 6% surplus.

Mission

PROVIDING COMPETENT AND TRANSPARENT ADOPTION SERVICES, FOCUSED ON UNMET NEEDS OF BIRTH PARENTS, AND REDUCING FINANCIAL RISKS TO ADOPTING PARENTS.

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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 $33,175

Program Service Revenue $881,586

Investment Income $1,394

Other Revenue $0

TOTAL REVENUE $916,155

Expense Breakdown

Grants Paid $333,848

Salaries & Benefits $270,748

Fundraising Expenses $0

Program Expenses $676,617

Other Expenses $255,076

TOTAL EXPENSES $859,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$916,155	$479,168	+0.9%
Expenses	$859,672	$463,731	+0.9%
Net Income	$56,483	$15,437	+2.7%

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

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

$119,834

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARA BAKER	EXECUTIVE DIRECTOR	40.00	Director	$62,667	$0	$62,667
LARONDA SOUTHWORTH	DIRECTOR	40.00	Director	$57,167	$0	$57,167
GREG MENEFEE	PRESIDENT	5.00	Officer Director	$0	$0	$0
JULIE MENEFEE	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
MICHELE LORBIESKI	DIRECTOR	2.00	Director	$0	$0	$0
KRISTIN JACKSON	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW LORENZEN	DIRECTOR	2.00	Director	$0	$0	$0
DANA LEA	DIRECTOR	2.00	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	$916,155	$859,672	$366,680	$56,483
2023	$479,168	$463,731	$182,776	$15,437
2022	$359,296	$358,266	$112,026	$1,030
2021	$206,647	$151,952	$110,102	$54,695
2020	$266,641	$278,196	$61,668	$-11,555
2019	$121,103	$62,466	$58,637	$58,637

COURAGEOUS HEARTS ADOPTIONS INC