Hearts at Home Property Management

EIN: 883108058 501(c)(3) Human Services

Farmingdale, NJ

Total Revenue
$94,888
Total Expenses
$64,083
Total Assets
$827,139
Net Assets
$330,048
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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
Principal Officer
Lynda Glenn
Phone
7322997769
Tax Period
2025-01-01 to 2025-12-31

Hearts at Home Property Management, founded in 2022, is a micro nonprofit in the Human Services sector that reported $95K in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $31K, a strong 32% operating margin.

Mission

To maintain buildings that are currently being used as group homes for the intellectually/developmentally disabled (I/DD) to ensure the occupants always have a home.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $88
Other Revenue $94,800
TOTAL REVENUE $94,888

Expense Breakdown

Grants Paid $70
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $63,513
Other Expenses $64,013
TOTAL EXPENSES $64,083

Year-over-Year Comparison

2025 2024 Change
Revenue $94,888 $87,049 +0.1%
Expenses $64,083 $73,568 -0.1%
Net Income $30,805 $13,481 +1.3%
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
2
Independent Members
2
Employees
N/A
Volunteers
2

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lynda Glenn President 15.00
Officer
$0 $0 $0
Patrick Anderson Treasurer 10.00
Officer
$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 $94,888 $64,083 $827,139 $30,805
2024 $87,049 $73,568 $809,339 $13,481
2023 $86,935 $68,789 $808,220 $18,146
2022 $288,458 $20,843 $801,949 $267,615
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