HEART HAS NO LIMIT FOUNDATION INC

EIN: 933729486 501(c)(3) Human Services

MANDEVILLE, LA

Total Revenue
$65,631
Total Expenses
$60,303
Total Assets
$15,682
Net Assets
$12,318
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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
2023
Legal Domicile
LA
Principal Officer
COLE FREEMAN
Phone
9857787102
Tax Period
2025-01-01 to 2025-12-31

HEART HAS NO LIMIT FOUNDATION INC, founded in 2023, is a micro nonprofit in the Human Services sector that reported $66K in total revenue in fiscal year 2025. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $60K left a modest 8% surplus.

Mission

TO EQUIP INDIVIDUALS ACROSS THE COUNTRY WITH THE NECESSARY FINANCIAL, EMOTIONAL, AND EDUCATIONAL SUPPORT THEY NEED TO REACH THEIR FULL POTENTIAL.

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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 $65,631
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $65,631

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $55,224
Other Expenses $60,303
TOTAL EXPENSES $60,303

Year-over-Year Comparison

2025 2024 Change
Revenue $65,631 $47,340 +0.4%
Expenses $60,303 $51,663 +0.2%
Net Income $5,328 $-4,323 -2.2%
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
5
Independent Members
5
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLE FREEMAN PRESIDENT 40.00
Officer
$0 $0 $0
WL TREY FOLSE III SECRETARY 1.00
Director
$0 $0 $0
PAUL MAINIERI TREASURER 1.00
Director
$0 $0 $0
JOE F SCHEUERMANN BOARD MEMBER 1.00
Director
$0 $0 $0
TYLER THORNE VICE PRESIDENT 1.00
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 $65,631 $60,303 $15,682 $5,328
2024 No data No data No data No data
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