HOPE VILLAGE REVITALIZATION (EIN 010790394) - 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

2002

Legal Domicile

Principal Officer

JEFFREY JONES

Phone

3134036230

Tax Period

2023-10-01 to 2024-09-30

HOPE VILLAGE REVITALIZATION, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $499K, a strong 42% operating margin.

Mission

PART I-LINE 1 HOPE VILLAGE REVITALIZATION IS A COMMUNITY-LED, COMMUNITY DRIVEN ORGANIZATION WHOSE MISSION IS TO MOVE THE HOPE VILLAGE NEIGHBORHOOD FORWARD IN A WAY THAT MITIGATES DISPARITIES IN WEALTH, HEALTH, PRIVILEGE AND EDUCATIONAL RESOURCES. WE PLEDGE TO COLLABORATE AND BE PART OF COLLECTIVE WORKING TOWARD EQUITABLE AND SUSTAINABLE DEVELOPMENT IN DETROIT, AND TO BE KNOWN AS A MODEL OF EXCELLENCE, INTEGRITY AND COMMUNITY DECISION MAKING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,153,987

Program Service Revenue $16,012

Investment Income $6,791

Other Revenue $0

TOTAL REVENUE $1,176,790

Expense Breakdown

Grants Paid $0

Salaries & Benefits $362,510

Fundraising Expenses $0

Program Expenses $504,055

Other Expenses $315,733

TOTAL EXPENSES $678,243

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,176,790	$783,302	+0.5%
Expenses	$678,243	$560,634	+0.2%
Net Income	$498,547	$222,668	+1.2%

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

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

$110,639

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY JONES	PRESIDENT/CE	35.00	Officer	$63,499	$0	$63,499
DEBORAH FISHER	FORMER PRESI	35.00		$50,237	$0	$50,237
STEPHANIE JOHNSON-COBB	SECRETARY	35.00	Officer	$47,140	$0	$47,140
ANTHONY BATISTE	TRUSTEE	N/A	Director	$0	$0	$0
LINDA KENT BUCHANAN	TRUSTEE/BOAR	N/A	Officer Director	$0	$0	$0
SONYA DELLEY	TRUSTEE	N/A	Director	$0	$0	$0
KHARY FRAZIER	BOARD VICE C	N/A	Officer Director	$0	$0	$0
ARLYSSA HEARD	TRUSTEE	N/A	Director	$0	$0	$0
DARYL HURLEY	TREASURER	N/A	Officer Director	$0	$0	$0
GREGORY JACKSON	TRUSTEE	N/A	Director	$0	$0	$0
BEVERLY RICHARDSON	TRUSTEE	N/A	Director	$0	$0	$0
BONCILE ROBINSON-YOUNG	TRUSTEE	N/A	Director	$0	$0	$0
THERESA SINGLETON	TRUSTEE	N/A	Director	$0	$0	$0
VANESSA TAYLOR	TRUSTEE	N/A	Director	$0	$0	$0
JUDITH WILLIAMS	TRUSTEE	N/A	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	$1,176,790	$678,243	$1,140,900	$498,547
2023	$783,302	$560,634	$631,449	$222,668
2022	$400,738	$465,462	$405,497	$-64,724
2021	$445,671	$341,819	$475,208	$103,852
2020	$297,988	$253,387	$377,075	$44,601

HOPE VILLAGE REVITALIZATION