HESSE FAMILY FOUNDATION

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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

2021

Legal Domicile

Principal Officer

DUSTIN COOPER

Phone

7122227362

Tax Period

2023-01-01 to 2023-12-31

HESSE FAMILY FOUNDATION, founded in 2021, is a small nonprofit in the Youth Development sector that reported $212K in total revenue in fiscal year 2023. Revenue surged 104% from the prior year, signaling strong growth momentum. Expenses of $279K exceeded revenue, resulting in a 32% operating deficit.

Mission

THE HESSE FAMILY FOUNDATION WAS FORMED TO SERVE YOUTH IN THE SIOUXLAND AREA. THE MISSION/PURPOSE OF THE HESSE FAMILY FOUNDATION IS TO HAVE A POSITIVE IMPACT ON LESS FORTUNATE SIOUXLAND AREA YOUTH BY PROVIDING FREE SPORTS CAMPS, PROVIDING SPORTS EQUIPMENT, NUTIRITIONAL NEEDS, SPORT SPECIFIC TRAINING, AND UPLIFITING EXPERIENCES TO MOTIVATE SIOUXLAND YOUTH TO SUCCEED.

Program Service Accomplishments

Program 1

Expenses: $232,384 Revenue: $68,184

TO PROVIDE A POSITIVE IMPACT IN THE SIOUXLAND AREA BY RUNNING CAMPS AND TRAINING FOR BASKETBALL, VOLLEYBALL, FOOTBALL, AND DANCE, ALONG WITH RUNNING BASEBALL AND SOFTBALL PROGRAMS. IN 2023 THE...

TO PROVIDE A POSITIVE IMPACT IN THE SIOUXLAND AREA BY RUNNING CAMPS AND TRAINING FOR BASKETBALL, VOLLEYBALL, FOOTBALL, AND DANCE, ALONG WITH RUNNING BASEBALL AND SOFTBALL PROGRAMS. IN 2023 THE FOUNDATION HAD OVER 700 YOUTH PARTICIPANTS THROUGHOUT VARIOUS CAMPS AND PROGRAMING ACTIVITIES

Program 2

Expenses: $26,350 Revenue: $0

PROVIDE SCHOLARSHIPS FOR ATHLETES

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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 (2023)

Revenue Breakdown

Contributions & Grants $138,218

Program Service Revenue $68,184

Investment Income $0

Other Revenue $5,500

TOTAL REVENUE $211,902

Expense Breakdown

Grants Paid $26,350

Salaries & Benefits $46,344

Fundraising Expenses $2,700

Program Expenses $258,734

Other Expenses $206,453

TOTAL EXPENSES $279,147

Year-over-Year Comparison

	2023	2022	Change
Revenue	$211,902	$103,677	+1.0%
Expenses	$279,147	$135,650	+1.1%
Net Income	$-67,245	$-31,973	+1.1%

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

N/A

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
MICHAEL J HESSE	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN COOPER	DIRECTOR	1.00	Director	$0	$0	$0
GRETCHEN COOPER	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$211,902	$279,147	$97,590	$-67,245