HEARTS FOR ETERNITY INC (EIN 863353047) - 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

2021

Legal Domicile

Principal Officer

BRYCE NORTON

Phone

7705962992

Tax Period

2024-01-01 to 2024-12-31

HEARTS FOR ETERNITY INC, founded in 2021, is a small nonprofit in the Religion sector that reported $666K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $589K left a modest 12% surplus.

Mission

THE VISION - HEARTS FOR ETERNITY EXISTS TO CONNECT FOLLOWERS OF JESUS TO A DEEPER RELATIONSHIP WITH GOD THROUGH PRAYER. THE MISSION - OUR VISION IS ACHIEVED BY FACILITATING PRAYER, MARRIAGE, AND SPIRITUAL FORMATION RETREATS THAT FOCUS ON LEARNING TO LISTEN TO THE LORD.

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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 $662,103

Program Service Revenue $0

Investment Income $3,440

Other Revenue $0

TOTAL REVENUE $665,543

Expense Breakdown

Grants Paid $124,670

Salaries & Benefits $336,915

Fundraising Expenses $0

Program Expenses $587,865

Other Expenses $126,957

TOTAL EXPENSES $588,542

Year-over-Year Comparison

	2024	2023	Change
Revenue	$665,543	$438,484	+0.5%
Expenses	$588,542	$429,655	+0.4%
Net Income	$77,001	$8,829	+7.7%

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

$156,000

Total Directors

$156,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRYCE NORTON	PRESIDENT	40.00	Officer Director	$60,000	$96,000	$156,000
TYLER BINNEY	DIRECTOR	N/A	Officer Director	$0	$0	$0
ALAN DELK	TREASURER	N/A	Officer Director	$0	$0	$0
DAVID PARIS	SECRETARY	N/A	Officer 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	$665,543	$588,542	$273,478	$77,001
2023	$438,484	$429,655	$194,146	$8,829
2022	$322,125	$219,506	$185,172	$102,619

HEARTS FOR ETERNITY INC