HEART OF THE FAMILY ASSISTANCE INC (EIN 883589297) - 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

2022

Legal Domicile

Principal Officer

KAY SCOTT

Phone

8302215624

Tax Period

2023-10-01 to 2024-09-30

HEART OF THE FAMILY ASSISTANCE INC, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $476K in total revenue in fiscal year 2023. Expenses of $551K exceeded revenue, resulting in a 16% operating deficit.

Mission

PROVIDE DECENT HOUSING THAT IS AFFORDABLE TO LOW-INCOME FAMILIES IN THE CITY OF NEW BRAUNFELS AND COUNTY OF COMAL, TEXAS AND PROVIDING SUPPORT SERVICES TO THE RESIDENTS OF SUCH HOUSING

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,390

Program Service Revenue $472,742

Investment Income $85

Other Revenue $0

TOTAL REVENUE $476,217

Expense Breakdown

Grants Paid $41,943

Salaries & Benefits $137,855

Fundraising Expenses $0

Program Expenses $535,861

Other Expenses $370,794

TOTAL EXPENSES $550,592

Year-over-Year Comparison

	2023	2022	Change
Revenue	$476,217	$466,703	+0.0%
Expenses	$550,592	$568,395	0.0%
Net Income	$-74,375	$-101,692	-0.3%

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

Governance

Voting Members

Independent Members

Employees

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
KAY SCOTT	PRESIDENT	1.00	Director	$0	$0	$0
TONYA FOWLER	VICE PRESIDENT	1.00	Director	$0	$0	$0
CAROL STOLTZ	DIRECTOR	1.00	Director	$0	$0	$0
DUANE BURNAMAN	TREASURER	1.00	Director	$0	$0	$0
KANDY JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE LANDRUM	DIRECTOR	1.00	Director	$0	$0	$0
DR JEFF SEWARD	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
2024	$476,217	$550,592	$1,891,174	$-74,375
2023	$466,703	$568,395	$1,954,623	$-101,692
2022	$71,149	$19,888	$1,750,985	$51,261

HEART OF THE FAMILY ASSISTANCE INC