GLC Hope Ministries

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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

2003

Legal Domicile

Principal Officer

Nathaniel Smith

Tax Period

2018-01-01 to 2018-12-31

GLC Hope Ministries, founded in 2003, is a small nonprofit that reported $279K in total revenue in fiscal year 2018. Revenue decreased 7% compared to the prior year.

Mission

To provide a safe place to live and encounter God on a daily basis, provide for basic needs of food and clothing, and restoration of relationships.

Program Service Accomplishments

Program 1

Expenses: $250,288 Revenue: $39,319

The organization offers an addiction recovery program under the name of Straight Street Ministries, helping individuals return to productive lives in their communities. Straight Street Recovery...

The organization offers an addiction recovery program under the name of Straight Street Ministries, helping individuals return to productive lives in their communities. Straight Street Recovery provides a safe place to live, daily Bible study, education and job placement. In addition, support groups meet at locations in Greenville, Belding and Lowell.

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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 (2018)

Revenue Breakdown

Contributions & Grants $226,908

Program Service Revenue $39,319

Investment Income $7,066

Other Revenue $5,250

TOTAL REVENUE $278,543

Expense Breakdown

Grants Paid $55,990

Salaries & Benefits $61,919

Fundraising Expenses $8,676

Program Expenses $250,288

Other Expenses $170,083

TOTAL EXPENSES $287,992

Year-over-Year Comparison

	2018	2017	Change
Revenue	$278,543	$300,796	-0.1%
Expenses	$287,992	$299,291	0.0%
Net Income	$-9,449	$1,505	-7.3%

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

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

$31,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Jones	Treasurer	1.00	Officer Director	$0	$0	$0
Todd McCord	Director	1.00	Director	$0	$0	$0
Mike McCord	Vice Presient	1.00	Officer Director	$0	$0	$0
John Piercefield	Secretary	1.00	Officer Director	$0	$0	$0
Nathaniel Smith	Executive DirectorPresident	40.00	Officer	$31,200	$0	$31,200

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
2018	$278,543	$287,992	$424,712	$-9,449