GOOD HEARTS AND GOOD HANDS

EIN: 920324789 501(c)(3) Human Services

Simi Valley, CA

Total Revenue
$354,130
Total Expenses
$259,900
Total Assets
$95,851
Net Assets
$95,851
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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
CA
Principal Officer
Seda Sungu
Phone
8053587874
Tax Period
2024-01-01 to 2024-12-31

GOOD HEARTS AND GOOD HANDS, founded in 2022, is a small nonprofit in the Human Services sector that reported $354K in total revenue in fiscal year 2024. Revenue surged 190% from the prior year, signaling strong growth momentum. The organization ran a surplus of $94K, a strong 27% operating margin.

Mission

To help anyone in need the best we can.

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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 $352,948
Program Service Revenue $0
Investment Income $1,182
Other Revenue $0
TOTAL REVENUE $354,130

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $259,900
Other Expenses $259,900
TOTAL EXPENSES $259,900

Year-over-Year Comparison

2024 2023 Change
Revenue $354,130 $122,065 +1.9%
Expenses $259,900 N/A N/A
Net Income $94,230 $122,065 -0.2%
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
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Seda Sungu President 30
Officer
$0 $0 $0
Teneya Ilacqua Secretary 10
Officer
$0 $0 $0
Jerry Ervin Chief Financial Officer 10
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
2024 $354,130 $259,900 $95,851 $94,230
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