HEART2HEART CONNECTIONS

🔒

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

2019

Legal Domicile

Principal Officer

CAROLYN HARRIS OFFICER

Tax Period

2023-01-01 to 2023-12-31

HEART2HEART CONNECTIONS, founded in 2019, is a small nonprofit in the Human Services sector that reported $214K in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $206K left a modest 4% surplus.

Mission

DEDICATED TO HELPING CHANGE AND IMPROVE THE LIVES OF YOUTH, INDIVIDUALS AND FAMILY IN UNDER SERVED COMMUNITIES THROUGH MENTORING EDUCATION, SUPPORT AND ADVOCACY.

Program Service Accomplishments

Program 1

Expenses: $206,029 Revenue: $213,695

THE 2022 DONATION HELPED IMPACT THE EDUCATIONAL GAPS AND FOOD INSECURITIES OF 70 YOUTH ATTENDING OUR AFTERSCHOOL AND SUMMER ENRICHMENT PROGRAMS. THE DONATIONS ENABLED THE ORGANIZATION TO PROVIDE...

THE 2022 DONATION HELPED IMPACT THE EDUCATIONAL GAPS AND FOOD INSECURITIES OF 70 YOUTH ATTENDING OUR AFTERSCHOOL AND SUMMER ENRICHMENT PROGRAMS. THE DONATIONS ENABLED THE ORGANIZATION TO PROVIDE RESOURCES FOR HOMEOWNERSHIP PROGRAMS, LEGAL SERVICES FOR ESTATE PLANNING, AND FINANCIAL SERVICES FOR LOW-INCOME/UNDERSERVED FAMILIES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $213,695

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $213,695

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,696

Fundraising Expenses $0

Program Expenses $206,029

Other Expenses $85,333

TOTAL EXPENSES $206,029

Year-over-Year Comparison

	2023	2022	Change
Revenue	$213,695	$177,574	+0.2%
Expenses	$206,029	$181,541	+0.1%
Net Income	$7,666	$-3,967	-2.9%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLYN HARRIS	DIRECTOR	4.00	Officer	$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
2023	$213,695	$206,029	$5,563	$7,666