HEARTFELT COMMUNITY INC

EIN: 873749482 501(c)(3) Health Care

GLOUCESTER, VA

Total Revenue
$24,014
Total Expenses
$20,051
Total Assets
$9,653
Net Assets
$9,653
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
VA
Principal Officer
GINGER SPENCER
Phone
8046939000
Tax Period
2023-01-01 to 2023-12-31

HEARTFELT COMMUNITY INC, founded in 2021, is a micro nonprofit in the Health Care sector that reported $24K in total revenue in fiscal year 2023. The organization ran a surplus of $4K, a strong 17% operating margin.

Mission

TO PROVIDE HUMAN CONNECTION FOR OUR SENIORS WHO ARE AGING ALONE BY PROVIDING COMPASSIONATE MASSAGE AND CAREGIVER EDUCATION WHICH WILL ENCOURAGE HEALTHY TOUCH AND CREATING EVENTS THAT WILL DRAW ALL AGES TOGETHER, ALLEVIATING LONELINESS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $24,009
Program Service Revenue $0
Investment Income $5
Other Revenue $0
TOTAL REVENUE $24,014

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,357
Program Expenses $10,066
Other Expenses $20,051
TOTAL EXPENSES $20,051

Year-over-Year Comparison

2023 2022 Change
Revenue $24,014 N/A N/A
Expenses $20,051 N/A N/A
Net Income $3,963 N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
32

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GINGER SPENCER PRESIDENT 20.00
Officer Director
$0 $0 $0
WILLIAM WEST VICE PRESIDE 2.00
Officer Director
$0 $0 $0
KATHY POPE TRESURER 5.00
Officer Director
$0 $0 $0
KATHY PHILLIPS DIRECTOR 2.00
Director
$0 $0 $0
ANNA ROBINS DIRECTOR 2.00
Director
$0 $0 $0
ROBYN SPENCER 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
2023 $24,014 $20,051 $9,653 $3,963
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