RENEWED HORIZON HULTGRIEN

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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

2020

Legal Domicile

Principal Officer

HEATHER HULTGRIEN

Phone

4023631480

Tax Period

2025-01-01 to 2025-12-31

RENEWED HORIZON HULTGRIEN, founded in 2020, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2025. Expenses of $1.7M left a modest 6% surplus.

Mission

RENEWED HORIZON IS DEDICATED TO PROVIDING ADOPTION, FOSTER CARE AND FAMILY SUPPORT RESOURCES AND SERVICES TO YOUTH AND FAMILIES IN THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $1,723,509 Revenue: $1,802,760

RENEWED HORIZON SERVICES THE COMMUNITY BY PROVIDING FOSTER CARE, ADOPTION AND OTHER FAMILY SERVICES. THEY WORK DIRECTLY WITH INDIVIDUALS AND FAMILIES SEEKING FOSTER CARE LICENSING AS WELL AS LICENSED FOSTER HOMES TO MATCH CHILDREN AND YOUTH FOR SUCCESSFUL FOSTER CARE PLACEMENT. THEY ALSO OFFER ADOPTION THROUGH FOSTER CARE SERVICES BY PROVIDING SUPPORT AND TRAINING TO ENSURE A SMOOTH TRANSITION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $21,516

Program Service Revenue $1,802,760

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,824,276

Expense Breakdown

Grants Paid $846,310

Salaries & Benefits $94,921

Fundraising Expenses $0

Program Expenses $1,723,509

Other Expenses $175,853

TOTAL EXPENSES $1,723,509

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,824,276	$1,882,282	0.0%
Expenses	$1,723,509	$1,739,262	0.0%
Net Income	$100,767	$143,020	-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

Governance

Voting Members

Independent Members

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

$99,516

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATHER HULTGRIEN	CEO	50.00	Officer	$99,516	$0	$99,516
HOLLY FUHR	PRESIDENT	1.00	Director	$0	$0	$0
JARED HAIN	SECRETARY/TR	1.00	Director	$0	$0	$0
JANE JENSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
STACY PIEPER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARCUS RUHL	VICE PRESIDE	1.00	Director	$0	$0	$0
MIKE SCHOW	BOARD MEMBER	1.00	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
2025	$1,824,276	$1,723,509	$239,596	$100,767
2024	No data	No data	No data	No data
2023	$1,474,554	$1,459,673	$34,621	$14,881
2022	$940,557	$947,105	$46,649	$-6,548
2021	$632,551	$618,863	$30,479	$13,688
2020	$275,069	$284,700	$837	$-9,631