HEARTLAND HEALTH RESEARCH ALLIANCE LTD (EIN 851389686) - 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

2020

Legal Domicile

Principal Officer

PAUL HARTNETT

Phone

2628440200

Tax Period

2024-01-01 to 2024-12-31

HEARTLAND HEALTH RESEARCH ALLIANCE LTD, founded in 2020, is a community nonprofit in the Medical Research sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 238% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 71% operating margin.

Mission

PROMOTE HEALTH AND PRESERVE AND PROTECT THE NATURAL ENVIRONMENT FOR THE BENEFIT OF THE PUBLIC BY ADVANCING RESEARCH ON THE HEALTH AND ENVIRONMENTAL EFFECTS OF FOOD AND FARMING.

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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 $3,802,841

Program Service Revenue $0

Investment Income $10,577

Other Revenue $0

TOTAL REVENUE $3,813,418

Expense Breakdown

Grants Paid $154,991

Salaries & Benefits $142,438

Fundraising Expenses $0

Program Expenses $1,004,049

Other Expenses $821,264

TOTAL EXPENSES $1,118,693

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,813,418	$1,128,706	+2.4%
Expenses	$1,118,693	$1,049,172	+0.1%
Net Income	$2,694,725	$79,534	+32.9%

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

$120,287

Total Directors

$60,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM GREEN	CHAIR	1.00	Officer Director	$0	$0	$0
AUDREY TRAN LAM	SECRETARY	1.00	Officer Director	$0	$0	$0
PAUL HARTNETT	CHIEF FINANCIAL OFFICER/EXECUTIVE DIRECTOR	10.00	Officer Director	$60,800	$0	$60,800
KIMBERLY YOLTON	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HAAS	EX OFFICIO	1.00	Director	$0	$0	$0
PHIL LANDRIGAN	EX OFFICIO	1.00	Director	$0	$0	$0
DR JOSE CORDERO LEFT IN 2024	DIRECTOR	1.00	Director	$0	$0	$0
JEANNE CONRY LEFT IN 2024	DIRECTOR	1.00	Director	$0	$0	$0
RUSSELL KING LEFT IN 2024	EXECUTIVE DIRECTOR	40.00	Officer	$59,487	$0	$59,487

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	$3,813,418	$1,118,693	$2,923,504	$2,694,725
2023	$1,128,706	$1,049,172	$225,485	$79,534
2022	$595,821	$871,506	$2,588	$-275,685
2021	$1,145,446	$1,163,288	$249,427	$-17,842
2020	$529,353	$360,871	$238,006	$168,482

HEARTLAND HEALTH RESEARCH ALLIANCE LTD