Heart for Home

EIN: 934515452 501(c)(3) Human Services

Kalamazoo, MI

Total Revenue
$1,120,795
Total Expenses
$1,093,240
Total Assets
$240,632
Net Assets
$72,030
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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
MI
Principal Officer
Johni Bunch
Phone
2697888000
Tax Period
2024-10-01 to 2025-09-30

Heart for Home, founded in 2023, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 291% from the prior year, signaling strong growth momentum.

Mission

Heart for Home is committed to connecting foster adoptive and kinship children with supportive and healing homes for respite care. We strive to recruit prepare and support homes before during and after by being honest open-minded and listening to familys needs and concerns in order to connect them with resources to be successful.

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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 $21,779
Program Service Revenue $1,091,186
Investment Income $0
Other Revenue $7,830
TOTAL REVENUE $1,120,795

Expense Breakdown

Grants Paid $0
Salaries & Benefits $773,821
Fundraising Expenses $25,470
Program Expenses $987,665
Other Expenses $319,419
TOTAL EXPENSES $1,093,240

Year-over-Year Comparison

2024 2023 Change
Revenue $1,120,795 $286,517 +2.9%
Expenses $1,093,240 $242,043 +3.5%
Net Income $27,555 $44,474 -0.4%
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
4
Independent Members
4
Employees
17
Volunteers
15

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
$227,826
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Johni Bunch Co-CEO 40.00
Officer
$75,942 $0 $75,942
Michelle Dulaney Co-CEO 40.00
Officer
$75,942 $0 $75,942
Alisa Otto Chief Administration Officer 40.00
Officer
$75,942 $0 $75,942
Kelly Kucinich Board Chair 1.00
Director
$0 $0 $0
Karissa Wright Secretary 1.00
Director
$0 $0 $0
Regina Rosenburg Treasurer 1.00
Director
$0 $0 $0
Felicia O Connor Member 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
2025 $1,120,795 $1,093,240 $240,632 $27,555
2024 $286,517 $242,043 $198,011 $44,474
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