NOBLESVILLE, IN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)GENEROUS HEART COMMUNITY DEVELOPMENT INC, founded in 2020, is a small nonprofit in the Housing & Shelter sector that reported $935K in total revenue in fiscal year 2023. Revenue surged 639% from the prior year, signaling strong growth momentum. Expenses of $2.9M exceeded revenue, resulting in a 211% operating deficit.
GENEROUS HEART COMMUNITY DEVELOPMENT INC. DEVELOPS, FACILITATES, MANAGES AND MAINTAINS AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS. SUCH AFFORDABLE HOUSING SERVICES ARE LIMITED TO THOSE INDIVIDUALS WHO QUALIFY FOR CHARITABLE AFFORDABLE HOUSING ASSISTANCE IN ACCORDANCE WITH REVENUE PROCEDURE 96-32 AND OTHER APPLICABLE HUD, FEDERAL, STATE AND LOCAL LIMITATIONS AND RESTRICTIONS WITH RESPECT TO THE PROVISION OF AFFORDABLE HOUSING TO INDIVIDUALS ON A CHARITABLE BASIS.
GENEROUS HEART COMMUNITY DEVELOPMENT INC. DEVELOPS, FACILITATES, MANAGES AND MAINTAINS AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS WHO ARE ELDERLY, HANDICAPPED, AND/OR IMPAIRED.
GENEROUS HEART COMMUNITY DEVELOPMENT PROVIDES PROFESSIONAL SERVICE COORDINATION AT VARIOUS AFFORDABLE HOUSING PROJECTS TO ASSIST EACH RESIDENT IN ACCESSING SUPPORTIVE SERVICES AVAILABLE IN THE...
GENEROUS HEART COMMUNITY DEVELOPMENT PROVIDES PROFESSIONAL SERVICE COORDINATION AT VARIOUS AFFORDABLE HOUSING PROJECTS TO ASSIST EACH RESIDENT IN ACCESSING SUPPORTIVE SERVICES AVAILABLE IN THE COMMUNITY. THIS WILL HELP RESIDENTS WITH THEIR ACTIVITIES OF DAILY LIVING, SUCH AS HOME MEDICAL CARE, TRANSPORTATION AND MEALS.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $934,673 | $126,491 | +6.4% |
| Expenses | $2,902,588 | $326,267 | +7.9% |
| Net Income | $-1,967,915 | $-199,776 | +8.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| THOMAS SEARS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSH WATSON | VICE-PRESIDENT & SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LORI ALT | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MILISSA TURNER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL EZEKIEL TURNER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $934,673 | $2,902,588 | $19,314,081 | $-1,967,915 |
| 2022 | $126,491 | $326,267 | $7,801,581 | $-199,776 |
Compare GENEROUS HEART COMMUNITY DEVELOPMENT INC with other nonprofits in Indiana and across the country.