STITCHING HEARTS WORLDWIDE

EIN: 841775870 501(c)(3) Human Services

Pleasant Grove, UT

Total Revenue
$549,395
Total Expenses
$410,148
Total Assets
$476,026
Net Assets
$475,196
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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
UT
Principal Officer
KRYSTI WRIGHT
Phone
8016693998
Tax Period
2024-01-01 to 2024-12-31

STITCHING HEARTS WORLDWIDE, founded in 2019, is a small nonprofit in the Human Services sector that reported $549K in total revenue in fiscal year 2024. The organization ran a surplus of $139K, a strong 25% operating margin.

Mission

PROVIDE MEANINGFUL HUMANITARIAN SERVICES TO HEAL WOUNDED HEARTS AROUND THE WORLD BY CONNECTING INDIVIDUALS AND COMMUNITIES THROUGH LOVING ACTS OF HANDMADE SERVICE

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $504,091
Program Service Revenue $39,570
Investment Income $837
Other Revenue $4,897
TOTAL REVENUE $549,395

Expense Breakdown

Grants Paid $333,027
Salaries & Benefits $19,780
Fundraising Expenses $0
Program Expenses $405,257
Other Expenses $57,341
TOTAL EXPENSES $410,148

Year-over-Year Comparison

2024 2023 Change
Revenue $549,395 $530,205 +0.0%
Expenses $410,148 $333,657 +0.2%
Net Income $139,247 $196,548 -0.3%
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

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Governance

Voting Members
5
Independent Members
5
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
9
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK EINERSON BOARD MEMBER 006.00
Officer
$0 $0 $0
ALICIA H PREECE ADMINISTRATIION 002.00
Officer
$0 $0 $0
KRYSTI WRIGHT EXECUTIVE DIRECTOR 050.00
Officer
$0 $0 $0
ANNELISE BROWN BOARD CHAIR 006.00
Officer
$0 $0 $0
RICHARD WHITEHEAD BOARD MEMBER 005.00
Officer
$0 $0 $0
DEVIN JENSEN BOARD MEMBER 005.00
Officer
$0 $0 $0
ADAM RAMPTON BOARD MEMBER 005.00
Officer
$0 $0 $0
KRISTA ANDERSEN BOARD MEMBER 005.00
Officer
$0 $0 $0
VICTOR WRIGHT AD-HOCK MEMBER 020.00
Officer
$0 $0 $0
JOE MILLER III BOARD MEMBER 005.00
$0 $0 $0
BARBARA KODRA BOARD MEMBER 005.00
$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 $549,395 $410,148 $476,026 $139,247
2023 $530,205 $333,657 $337,432 $196,548
2022 $433,885 $411,638 $149,271 $22,247
2021 $49,829 $111,343 $121,276 $-61,514
2020 $299,215 $150,208 $181,773 $149,007
2019 $33,308 $8,846 $25,794 $24,462
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