HEARTLIGHT CENTER INC (EIN 841577608) - Form 990 Financial Analysis & Trantor Score

🔒

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

2001

Legal Domicile

Principal Officer

JENNIFER FLAUM

Phone

7207489908

Tax Period

2024-01-01 to 2024-12-31

HEARTLIGHT CENTER INC, founded in 2001, is a small nonprofit in the Education sector that reported $487K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 19% operating margin.

Mission

SEE SCHEDULE ATTACHMENT FOR SCHEDULE O

🔒

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 $506,288

Program Service Revenue $35,289

Investment Income $15,641

Other Revenue $-70,082

TOTAL REVENUE $487,136

Expense Breakdown

Grants Paid $16,542

Salaries & Benefits $294,941

Fundraising Expenses $0

Other Expenses $84,187

TOTAL EXPENSES $395,670

Year-over-Year Comparison

	2024	2023	Change
Revenue	$487,136	$359,354	+0.4%
Expenses	$395,670	$355,179	+0.1%
Net Income	$91,466	$4,175	+20.9%

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

N/A

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

$103,812

Total Directors

Key Employees

$166,947

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER FLAUM	EXECUTIVE DIRECTOR	040.00	Officer	$103,812	$0	$103,812
MEGAN REANN HOGAN	EMPLOYEE	040.00	Key Emp	$63,053	$0	$63,053
ALLISON GARY	EMPLOYEE	026.00	Key Emp	$44,575	$0	$44,575
GENNA REEVES	EMPLOYEE	019.00	Key Emp	$33,250	$0	$33,250
CARRIE BAUER	EMPLOYEE	018.00	Key Emp	$26,069	$0	$26,069
JAMIE MCCONATY	BOARD CHAIR	004.00	Director	$0	$0	$0
STEPHANIE HEITKEMPER	DIRECTOR	001.00	Director	$0	$0	$0
EFFIE KAVADS-WILSON	DIRECTOR	001.00	Director	$0	$0	$0
JUNE SEPPA	DIRECTOR	001.00	Director	$0	$0	$0
MARLENE SEWARD	DIRECTOR	001.00	Director	$0	$0	$0
JOHN VELDKAMP	DIRECTOR	001.00	Director	$0	$0	$0
JENNIFER HAY	DIRECTOR	001.00	Director	$0	$0	$0
JEN THOMAS	DIRECTOR	001.00	Director	$0	$0	$0
SHANE PHILLIPS	DIRECTOR	001.00	Director	$0	$0	$0
MICHAEL WELLENSIEK	DIRECTOR	001.00	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	$487,136	$395,670	$421,565	$91,466
2023	$359,354	$355,179	$333,237	$4,175
2022	$282,388	$257,247	$327,408	$25,141
2021	$196,749	$146,114	$303,028	$50,635

HEARTLIGHT CENTER INC