Merciful Hearts Foundation Inc NFP (EIN 870762338) - 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

2012

Legal Domicile

Phone

3094544241

Tax Period

2024-01-01 to 2024-12-31

Merciful Hearts Foundation Inc NFP, founded in 2012, is a micro nonprofit in the Religion sector that reported $51K in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum.

Mission

The organization mission is to seek donations of cash and services in order to provide healthcare services to poor pregnant women, children under five years, and elderly citizens of rural Imo State, Nigeria-Africa

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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 $50,023

Program Service Revenue $0

Investment Income $1,350

Other Revenue $0

TOTAL REVENUE $51,373

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $53,664

Other Expenses $53,664

TOTAL EXPENSES $53,664

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,373	$28,848	+0.8%
Expenses	$53,664	$13,430	+3.0%
Net Income	$-2,291	$15,418	-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
Nweze Nnakwe	President	15.00	Director	$0	$0	$0
Chinonye Nnakwe	Secretary	10.00	Director	$0	$0	$0
Emeka Nnakwe	Director	15.00	Director	$0	$0	$0
Ify Sloan	Vice President	10.00	Officer Director	$0	$0	$0
Chimma Coq	Treasurer	10.00	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	$51,373	$53,664	$13,127	$-2,291
2023	$28,848	$13,430	$15,418	$15,418
2022	$14,288	$24,917	No data	$-10,629
2021	$10,493	$6,065	$9,439	$4,428
2020	$16,959	$10,818	$5,011	$6,141
2019	$12,778	$13,695	No data	$-917
2018	$36,738	$37,021	No data	$-283

Merciful Hearts Foundation Inc NFP