Hearts in Harmony Foundation

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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

Principal Officer

Mark Greenfield

Phone

8563136356

Tax Period

2024-01-01 to 2024-12-31

Hearts in Harmony Foundation, founded in 2023, is a small nonprofit in the Medical Research sector that reported $506K in total revenue in fiscal year 2024. Expenses of $455K left a modest 10% surplus.

Mission

Hearts in Harmony Foundation (the Foundation) is dedicated to raising funds to support research aimed at finding a cure for Long QTSyndrome (LQTS). This heart condition, which can lead to cardiac arrest and is often undiagnosed, poses significant health risks. Bychanneling our efforts, we aim to significantly contribute to the scientific and medical communities' ability to understand, treat, and ultimatelycure th is condition.

Program Service Accomplishments

Program 1

Expenses: $455,294

PREVENTION/CURE: THE FOUNDATION'S EFFORTS IN THIS REGARD WILL REVOLVE AROUND DONATING MONEY TO ENTITIES WORKING TO FIND A CURE FOR LQTS. ONE EXAMPLE IS THE MAYO CLINIC'S WINDLAND SMITH RICE SUDDEN...

PREVENTION/CURE: THE FOUNDATION'S EFFORTS IN THIS REGARD WILL REVOLVE AROUND DONATING MONEY TO ENTITIES WORKING TO FIND A CURE FOR LQTS. ONE EXAMPLE IS THE MAYO CLINIC'S WINDLAND SMITH RICE SUDDEN DEATH GENOMICS LABORATORY, WHICH USES FUNDS TO CONDUCT RESEARCH AND PERFORM STUDIES WITH THE EVENTUAL GOAL OF FINDING A MEDICAL CURE FOR LOTS (VERSUS CURRENT TREATMENT OPTIONS WHICH ARE PRIMARILY BETA BLOCKERS AND ANTIARRHYTHMIA MEDICATIONS, BOTH OF WHICH LOWER RISKS BUT DO NOT ELIMINATE THEM, AND ALSO HAVE NEGATIVE SIDE EFFECTS).

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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 (2024)

Revenue Breakdown

Contributions & Grants $502,858

Program Service Revenue $0

Investment Income $3,329

Other Revenue $0

TOTAL REVENUE $506,187

Expense Breakdown

Grants Paid $420,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $455,294

Other Expenses $35,294

TOTAL EXPENSES $455,294

Year-over-Year Comparison

	2024	2023	Change
Revenue	$506,187	N/A	N/A
Expenses	$455,294	N/A	N/A
Net Income	$50,893	N/A	N/A

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

N/A

Employees

N/A

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
Kira Greenfield	President	20.00	Officer Director	$0	$0	$0
Mark Greenfield	Treasurer	5.00	Officer Director	$0	$0	$0
Mian Azmy	Board Member	1.00	Director	$0	$0	$0
Morgan Sheres	Secretary	1.00	Officer Director	$0	$0	$0
Patty Antin	Board Member	1.00	Director	$0	$0	$0
Neal Chandoke	Board 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
2024	$506,187	$455,294	$50,882	$50,893