HEARTS AND HOMES MINISTRIES INC

EIN: 881585396 501(c)(3) Human Services

CRANBURY, NJ

Total Revenue
$191,681
Total Expenses
$139,744
Total Assets
$129,381
Net Assets
$127,938
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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
2022
Legal Domicile
NJ
Phone
9732225602
Tax Period
2024-01-01 to 2024-12-31

HEARTS AND HOMES MINISTRIES INC, founded in 2022, is a small nonprofit in the Human Services sector that reported $192K in total revenue in fiscal year 2024. The organization ran a surplus of $52K, a strong 27% operating margin.

Mission

TOTAL FAMILIES SERVED IN 2024 WAS 130. 79 ASSISTS TO LOCAL PARTNER CHARITIES IN 2024. TOTAL VOLUNTEER HOURS WAS 5,240. THE WEBSITE WWW.HEARTSANDHOMES.ORG WAS LAUNCHED.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $191,681
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $191,681

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $67,987
Other Expenses $139,744
TOTAL EXPENSES $139,744

Year-over-Year Comparison

2024 2023 Change
Revenue $191,681 N/A N/A
Expenses $139,744 N/A N/A
Net Income $51,937 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

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

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Governance

Voting Members
6
Independent Members
N/A
Employees
N/A
Volunteers
55

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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTEN BOWEN PRESIDENT 50.00
Director
$0 $0 $0
ANDREW IDAVOY SECRETARY 1.00
Director
$0 $0 $0
NILAY VASHI TREASURER 3.00
Director
$0 $0 $0
REEBA ALEXANDER DEVELOPMENT 4.00
Director
$0 $0 $0
CHARLES HOPPER GOVERNANCE 1.00
Director
$0 $0 $0
MIRIAM KAMAL GOVERNANCE 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
2025 No data No data No data No data
2025 No data No data No data No data
2024 $191,681 $139,744 $129,381 $51,937
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