SING FOR HOPE INC

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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

2006

Legal Domicile

Principal Officer

CAMILLE ZAMORA

Phone

2129665955

Tax Period

2024-08-01 to 2025-07-31

SING FOR HOPE INC, founded in 2006, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $3.7M exceeded revenue, resulting in a 79% operating deficit.

Mission

SING FOR HOPE HARNESSES THE POWER OF THE ARTS TO CREATE A BETTER WORLD. OUR CREATIVE PROGRAMS BRING HOPE, HEALING, AND CONNECTION TO MILLIONS OF PEOPLE IN HOSPITALS, SCHOOLS, CARE FACILITIES, AND PUBLIC SPACES WORLDWIDE. A NON-PROFIT ORGANIZATION FOUNDED IN NEW YORK CITY IN RESPONSE TO THE EVENTS OF 9/11, SING FOR HOPE PARTNERS WITH HUNDREDS OF COMMUNITY-BASED ORGANIZATIONS, MOBILIZES THOUSANDS OF ARTISTS IN CREATIVE SERVICE, AND PRODUCES ARTIST-CREATED SING FOR HOPE PIANOS ACROSS THE UNITED STATES AND AROUND THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $634,553 Revenue: $80,431

SING FOR HOPE'S EDUCATION PROGRAM PROVIDES DYNAMIC ARTS CLASSES, WORKSHOPS, AND STANDARDS- BASED INITIATIVES THAT INSPIRE POSITIVE ACTION AND UPLIFT YOUTH, EDUCATORS, AND COMMUNITIES. THE PROGRAM IS CENTERED ON OUR SIGNATURE GLOBAL GOALS ARTS CURRICULUM, A CREATIVE-SERVICE-LEARNING INITIATIVE THAT USES THE ARTS TO DRIVE AWARENESS AND ACTION FOR THE UNITED NATIONS GLOBAL GOALS FOR SUSTAINABLE DEVELOPMENT, 17 INTERLINKED OBJECTIVES ADOPTED BY THE UN IN 2020 TO SERVE AS "A SHARED BLUEPRINT FOR PEACE AND PROSPERITY FOR PEOPLE AND THE PLANET." OUR EDUCATION INITIATIVES INCLUDE THE SING FOR HOPE HANDAHARMONY YOUTH CHORUS AND THE SING FOR HOPE LAB, WHICH PROVIDES DAILY IN-SCHOOL AND AFTER-SCHOOL ARTS CLASSES FOR YOUTH IN THE BRONX AND SOUTHERN WESTCHESTER.

Program 2

Expenses: $1,257,344 Revenue: $509,582

SING FOR HOPE'S PUBLIC HEALTH AND WELLBEING PROGRAM CO-CREATES RESEARCH-BASED ARTS INTERVENTIONS THAT FOSTER WELLNESS AND CONNECTION IN PARTNERSHIP WITH HOSPITALS, CARE FACILITIES, COMMUNITY CENTERS, AND PUBLIC SPACES. DESIGNED FOR SYSTEMIC IMPACT, OUR WORK SUPPORTS INDIVIDUALS, ORGANIZATIONS, AND COMMUNITIES.

Program 3

Expenses: $1,000,638 Revenue: $127,700

THE SING FOR HOPE PIANOS (SFH PIANOS) IS A GLOBAL ARTS PROGRAM THAT CREATES ARTIST-DESIGNED PIANOS, PLACES THEM IN PUBLIC SPACES FOR EVERYONE TO ENJOY, THEN TRANSPORTS AND ACTIVATES THEM YEAR-ROUND IN SCHOOLS, HOSPITALS, AND COMMUNITY CENTERS WORLDWIDE. SING FOR HOPE HAS PROVIDED MORE PIANOS FOR UNDER-RESOURCED PUBLIC SCHOOLS THAN ANY OTHER ORGANIZATION IN THE WORLD.

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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 $1,345,914

Program Service Revenue $722,713

Investment Income $12,503

Other Revenue $0

TOTAL REVENUE $2,081,130

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,045,119

Fundraising Expenses $181,596

Program Expenses $2,892,535

Other Expenses $1,669,801

TOTAL EXPENSES $3,714,920

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,081,130	$1,435,183	+0.5%
Expenses	$3,714,920	$3,266,211	+0.1%
Net Income	$-1,633,790	$-1,831,028	-0.1%

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

151

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

$437,558

Total Directors

$272,937

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JON BATISTE	DIRECTOR	2.00	Director	$0	$0	$0
DAVID BEAHM	DIRECTOR	2.00	Director	$0	$0	$0
GARANCE CHOKO	DIRECTOR	2.00	Director	$0	$0	$0
TAHRA GRANT GALE	DIRECTOR	2.00	Director	$0	$0	$0
DAMIAN WOETZEL	DIRECTOR	2.00	Director	$0	$0	$0
EVA HALLER	DIRECTOR	2.00	Director	$0	$0	$0
ANNABELLE GARRETT	DIRECTOR	2.00	Director	$0	$0	$0
JOSH PULTZ	DIRECTOR	2.00	Director	$0	$0	$0
KARA UNTERBERG	DIRECTOR	2.00	Director	$0	$0	$0
ANN ZIFF	DIRECTOR	2.00	Director	$0	$0	$0
ANDREA BOCELLI	DIRECTOR	2.00	Director	$0	$0	$0
RENEE FLEMING	DIRECTOR	2.00	Director	$0	$0	$0
MUHAMMAD YUNUS	DIRECTOR	2.00	Director	$0	$0	$0
LINDA E JOHNSON TERM FY25	DIRECTOR	2.00	Director	$0	$0	$0
MARGIE LOEB	DIRECTOR	2.00	Director	$0	$0	$0
DEVIKA BHISE	DIRECTOR	2.00	Director	$0	$0	$0
MONIQUE COLEMAN	DIRECTOR	2.00	Director	$0	$0	$0
RONDI CHARLESTON	DIRECTOR	2.00	Director	$0	$0	$0
EMILY LENZER	DIRECTOR	2.00	Director	$0	$0	$0
MIDORI MIYAZAKI	DIRECTOR	2.00	Director	$0	$0	$0
AURORA ROSADO	DIRECTOR	2.00	Director	$0	$0	$0
ROCHELLE KING	CHAIR OF THE BOARD	2.00	Officer Director	$0	$0	$0
ANDREA JUNG	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
JEFFREY CHERTOFF	TREASURER	2.00	Officer Director	$0	$0	$0
MONICA YUNUS	CO-FOUNDING DIRECTOR	40.00	Officer Director	$150,894	$4,620	$155,514
CAMILLE ZAMORA	CO-FOUNDING DIRECTOR	40.00	Officer Director	$102,985	$14,438	$117,423
RICHARD ROBERTSON	CHIEF OPERATING OFFICER	40.00	Officer	$136,530	$28,091	$164,621

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	$2,081,130	$3,714,920	$3,685,480	$-1,633,790
2024	No data	No data	No data	No data
2023	$2,703,652	$2,805,915	$7,109,672	$-102,263
2022	$6,639,401	$2,068,863	$7,187,612	$4,570,538
2021	$1,889,471	$2,078,314	$2,840,187	$-188,843
2020	$930,676	$1,757,025	$2,997,293	$-826,349
2019	$2,985,916	$1,939,574	$3,602,195	$1,046,342
2018	$2,975,125	$1,553,488	$2,646,612	$1,421,637