HOPE ASSOCIATION (EIN 010274898) - 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

1961

Legal Domicile

Principal Officer

JESSICA HINES

Phone

2073644561

Tax Period

2024-07-01 to 2025-06-30

HOPE ASSOCIATION, founded in 1961, is a community nonprofit in the Health Care sector that reported $7.0M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 15% operating margin.

Mission

HOPE ASSOCIATION PROVIDES LEADERSHIP, RESIDENTIAL, CASE MANAGEMENT, VOCATIONAL AND COMMUNITY SUPPORT SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND RELATED DISABILITIES AND THEIR FAMILIES THROUGH PROGRAMS THAT ENHANCE INDEPENDENCE, DIGNITY, CHOICE AND INDIVIDUAL WELL BEING.

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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 $206,286

Program Service Revenue $6,081,513

Investment Income $314,578

Other Revenue $394,854

TOTAL REVENUE $6,997,231

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,638,801

Fundraising Expenses $0

Program Expenses $5,262,015

Other Expenses $2,296,235

TOTAL EXPENSES $5,935,036

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,997,231	$5,247,394	+0.3%
Expenses	$5,935,036	$4,942,149	+0.2%
Net Income	$1,062,195	$305,245	+2.5%

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

118

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

$150,002

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHIE PHILBRICK	PRESIDENT	2.00	Officer Director	$0	$0	$0
CARLO PUIIA	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
AMBER DURANT	SECRETARY	2.00	Officer Director	$0	$0	$0
RICHARD ALLEN	TREASURER	2.00	Officer Director	$0	$0	$0
JEANNE GACCETTA	MEMBER	2.00	Director	$0	$0	$0
TERRY RICHARDS	MEMBER	2.00	Director	$0	$0	$0
CINDRIE CORMIER	MEMBER	2.00	Director	$0	$0	$0
JEFF STERLING	MEMBER	2.00	Director	$0	$0	$0
DICK LOVEJOY	MEMBER	2.00	Director	$0	$0	$0
RICHARD JENNISON	MEMBER	2.00	Director	$0	$0	$0
TONYA REEVES	MEMBER	2.00	Director	$0	$0	$0
LORINDA SKEHAN	EXECUTIVE DIRECTOR (FORMER	40.00	Officer	$76,929	$0	$76,929
JESSICA HINES	EXECUTIVE DIRECTOR (CURREN	40.00	Officer	$65,123	$7,950	$73,073

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	$6,997,231	$5,935,036	$12,312,388	$1,062,195
2024	$5,247,394	$4,942,149	$11,295,624	$305,245
2023	$6,400,596	$4,642,579	$11,037,923	$1,758,017
2022	$5,019,134	$4,446,232	$9,147,382	$572,902
2021	$4,629,867	$3,931,366	$8,512,385	$698,501
2020	$4,219,296	$3,839,704	$8,236,004	$379,592
2019	$4,449,158	$3,816,966	$7,375,431	$632,192
2018	$3,851,611	$3,464,016	$6,723,223	$387,595

HOPE ASSOCIATION