Friends of Heart

EIN: 921782688 501(c)(3) Health Care

Jackson, TN

Total Revenue
$196,197
Total Expenses
$178,888
Total Assets
$383,278
Net Assets
$383,278
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
TN
Principal Officer
Janet Silver
Phone
7314311314
Tax Period
2025-01-01 to 2025-12-31

Friends of Heart, founded in 2023, is a small nonprofit in the Health Care sector that reported $196K in total revenue in fiscal year 2025. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $179K left a modest 9% surplus.

Mission

Together, we plan to bring cutting-edge technology and forward-thinking ideas to Jackson by placing Avive's intelligent AEDs across the city and deploying their first-of-its-kind cardiac arrest response technology. Mostimportantly, we plan to work with the citizens of Jackson to create a culture of saving lives from cardiac arrest through free training and educational resources so that everyone is prepared to save a life.

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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 $158,947
Program Service Revenue $0
Investment Income $13,958
Other Revenue $23,292
TOTAL REVENUE $196,197

Expense Breakdown

Grants Paid $9,995
Salaries & Benefits $110,246
Fundraising Expenses $1,814
Program Expenses $177,074
Other Expenses $58,647
TOTAL EXPENSES $178,888

Year-over-Year Comparison

2025 2024 Change
Revenue $196,197 $599,312 -0.7%
Expenses $178,888 $239,771 -0.3%
Net Income $17,309 $359,541 -1.0%
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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Governance

Voting Members
6
Independent Members
6
Employees
2
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
4
$102,412
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Janet Silver Secretary 1.00
Officer Director
$0 $0 $0
Robert Arrington President 1.00
Officer Director
$0 $0 $0
Mark Taylor Director 1.00
Director
$0 $0 $0
Frank Lawrence Director 1.00
Director
$0 $0 $0
Robin Crowe Director 1.00
Director
$0 $0 $0
Jake Overby Director 1.00
Director
$0 $0 $0
Tracey McKnight Clinical Director 40.00
Officer
$53,950 $0 $53,950
Sarah Smith Managing Director 40.00
Officer
$48,462 $0 $48,462
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 $196,197 $178,888 $383,278 $17,309
2024 $599,312 $239,771 $365,969 $359,541
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