HEART WORK IS HARD WORK INC (EIN 994769768) - Form 990 Financial Analysis & Trantor Score

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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

2024

Legal Domicile

Principal Officer

DERRICK COLEMAN

Phone

2489432496

Tax Period

2025-01-01 to 2025-12-31

HEART WORK IS HARD WORK INC, founded in 2024, is a small nonprofit in the Mental Health sector that reported $147K in total revenue in fiscal year 2025. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $131K left a modest 11% surplus.

Mission

HEART WORK IS HARD WORK IS A NONPROFIT ORGANIZATION DEDICATED TO EMPOWERING URBAN COMMUNITIES THROUGH ACCESSIBLE, HIGH-QUALITY EDUCATIONAL SERVICES. WE OFFER PROGRAMS THAT SUPPORT ACADEMIC GROWTH, PERSONAL DEVELOPMENT, AND LIFELONG LEARNING FOR YOUTH AND ADULTS ALIKE. OUR MISSION IS TO BREAK CYCLES OF POVERTY AND INEQUITY BY INVESTING IN THE MINDS AND FUTURES OF THOSE WE SERVE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $147,431

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $147,431

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $130,658

Other Expenses $130,658

TOTAL EXPENSES $130,658

Year-over-Year Comparison

	2025	2024	Change
Revenue	$147,431	$853,050	-0.8%
Expenses	$130,658	N/A	N/A
Net Income	$16,773	$853,050	-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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DERRICK COLEMAN	PRESIDENT	005.00	Officer	$0	$0	$0
URROND WILLIAMS	VICE PRESIDENT	005.00	Officer	$0	$0	$0
ALICE PERRY	SECRETARY	005.00	Officer	$0	$0	$0
COLLIN MAYS	TREASURER	005.00	Officer	$0	$0	$0
STEVON SCOTT	5	N/A	Officer	$0	$0	$0
JULIAN ROPER	MEMBER	005.00	Officer	$0	$0	$0
PRENTICE DELANEY	MEMBER	005.00	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	$147,431	$130,658	$35,961	$16,773
2024	$85,305	$66,116	$19,189	$19,189

HEART WORK IS HARD WORK INC