HOPE HEALTH CENTER INC

EIN: 010680401 501(c)(3)

FAIRFIELD, AL

Total Revenue
$-46,975
Total Expenses
$619,294
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
AL
Principal Officer
TOM EDWARDS MD
Phone
2057851353
Tax Period
2022-07-01 to 2023-06-30

HOPE HEALTH CENTER INC, founded in 2002, is a micro nonprofit that reported $47K in total revenue in fiscal year 2022. Revenue fell 107% from the prior year — a significant decline worth monitoring.

Mission

OUR MISSION IS TO SHARE THE HOPE THAT IS FOUND IN JESUS CHRIST BY PROVIDING EXCELLENT, WHOLE-PERSON HEALTHCARE TO A MEDICALLY UNDERSERVED COMMUNITY IN THE GREATER BIRMINGHAM, ALABAMA AREA.

Program Service Accomplishments

Program 1
Expenses: $568,441 Revenue: $180,902

ON JANUARY 26, 2023, WE TRANSFERRED SUBSTANTIALLY ALL OF OUR NON-FINANCIAL ASSETS TO A LARGER MEDICAL PRACTICE (A 501(C)(3) ORGANIZATION-SEE BELOW) WITH A COMPLEMENTARY MISSION. FOLLOWING THE...

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ON JANUARY 26, 2023, WE TRANSFERRED SUBSTANTIALLY ALL OF OUR NON-FINANCIAL ASSETS TO A LARGER MEDICAL PRACTICE (A 501(C)(3) ORGANIZATION-SEE BELOW) WITH A COMPLEMENTARY MISSION. FOLLOWING THE TRANSFER OF ASSETS, WE WORKED WITH OUR LEGAL, ACCOUNTING AND TAX ADVISORS/CONSULTANTS TO DISSOLVE THE CORPORATE ENTITY. FUNDS REMAINING AT DISSOLUTION WERE TRANSFERRED TO A 501(C)(3) ORGANIZATION - NATIONAL CHRISTIAN FOUNDATION ALABAMA -- VIA A BOARD APPROVED GRANT. THROUGH JANUARY 20, 2023 (SIX DAYS BEFORE THE ASSET TRANSFER), WE CONTINUED TO PROVIDE PRIMARY CARE, COUNSELING AND EYE CARE SERVICES BASED OUT OF OUR CLINIC IN FAIRFIELD, ALABAMA. THE PATIENT POPULATION CONSISTED LARGELY OF THE ELDERLY, DISABLED, AND/OR UNINSURED. OTHER SIGNIFICANT ACTIVITIES IN THE FAIRFIELD COMMUNITY INCLUDED DISTRIBUTION OF ABOUT 125 THANKSGIVING BASKETS, OUR TENTH ANNUAL CHRISTMAS SHOP, AND FREE PRE-K STUDENT HEALTH SCREENINGS. AFTER JANUARY 20, 2023, WE NO LONGER ACCEPTED CONTRIBUTIONS FROM DONORS, NO LONGER HAD EMPLOYEES, AND NO LONGER PROVIDED HEALTH CARE SERVICES. THE CLINIC WE FORMERLY OWNED AND OPERATED REOPENED ON FEBRUARY 6, 2023 AS CAHABA MEDICAL CARE - HOPE HEALTH, WHICH IS PART OF A FEDERALLY QUALIFIED HEALTH CARE (FQHC) NETWORK AND A 501(C)(3)ORGANIZATION. THEREFORE, AS OF THIS FILING, THE FAIRFIELD COMMUNITY CONTINUES TO HAVE ACCESS TO QUALITY HEALTH CARE AT THE SAME PHYSICAL LOCATION PROVIDED BY PRIMARY CARE PHYSICIANS, INCLUDING THE TWO PRIMARY CARE PHYSICIANS WHO HAD BEEN AT HOPE HEALTH CENTER FOR 10+ YEARS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $213,465
Program Service Revenue $180,902
Investment Income $-441,342
Other Revenue $0
TOTAL REVENUE $-46,975

Expense Breakdown

Grants Paid $0
Salaries & Benefits $333,815
Fundraising Expenses $2,762
Program Expenses $568,441
Other Expenses $285,479
TOTAL EXPENSES $619,294

Year-over-Year Comparison

2022 2021 Change
Revenue $-46,975 $657,560 -1.1%
Expenses $619,294 $859,055 -0.3%
Net Income $-666,269 $-201,495 +2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
17
Volunteers
12

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
$176,255
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM EDWARDS MD EXECUTIVE DI 32.00
Officer
$171,121 $5,134 $176,255
DR BEN DAVIDSON PHYSICIAN 30.00
Highest
$124,547 $3,736 $128,283
ANDREW B BAKER DIRECTOR 0.10
Director
$0 $0 $0
THALIA J BAKER DIRECTOR 0.10
Director
$0 $0 $0
BARBARA CARTLEDGE DIRECTOR 0.10
Director
$0 $0 $0
NORMAN D PLESS JR DIRECTOR/SEC 0.10
Officer Director
$0 $0 $0
MARION H SIMS MD DIRECTOR 0.10
Director
$0 $0 $0
MARK E WILSON MD PRESIDENT/DI 0.10
Officer Director
$0 $0 $0
REV BOBBY PARKS DIRECTOR 0.10
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
2023 $-46,975 $619,294 No data $-666,269
2022 $657,560 $859,055 $677,601 $-201,495
2021 $769,949 $705,390 $868,005 $64,559
2020 $636,550 $641,006 $885,621 $-4,456
2019 $673,119 $678,615 $809,338 $-5,496
2018 $692,679 $689,849 $813,326 $2,830
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