SENIOR HOPE COUNSELING INC (EIN 020570419) - 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

2006

Legal Domicile

Principal Officer

NICOLE MACFARLAND PH D

Phone

5184897777

Tax Period

2022-01-01 to 2022-12-31

SENIOR HOPE COUNSELING INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $663K in total revenue in fiscal year 2022. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $565K left a modest 15% surplus.

Mission

TO OPERATE, AND MAINTAIN, A DEPENDENCY COUNSELING PROGRAM, FOR OLDER ADULTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $363,243

Program Service Revenue $299,443

Investment Income $1

Other Revenue $0

TOTAL REVENUE $662,687

Expense Breakdown

Grants Paid $0

Salaries & Benefits $360,884

Fundraising Expenses $0

Program Expenses $386,779

Other Expenses $204,243

TOTAL EXPENSES $565,127

Year-over-Year Comparison

	2022	2021	Change
Revenue	$662,687	$504,182	+0.3%
Expenses	$565,127	$534,469	+0.1%
Net Income	$97,560	$-30,287	-4.2%

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

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

$70,539

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD P SHERWIN	CHAIR & TREASURER	1.00	Officer Director	$0	$0	$0
W BRIAN BARR	CHAIR-ON LEAVE OF ABSENCE	1.00	Officer Director	$0	$0	$0
ROBERT M CONWAY JR	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES F CARRIERO	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD STACK	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIE MAE FERGUSON	BOARD MEMBER	1.00	Director	$0	$0	$0
ADELE STROMINGER MD	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID TRAYNHAM	BOARD MEMBER	1.00	Director	$0	$0	$0
NICOLE MACFARLAND PHD	CHIEF EXECUTIVE DIRECTOR	40.00	Officer	$70,539	$0	$70,539

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
2022	$662,687	$565,127	$1,090,656	$97,560
2021	$504,182	$534,469	$114,566	$-30,287
2020	$605,552	$564,773	$157,049	$40,779
2019	$506,233	$491,925	$130,787	$14,308
2018	$408,651	$413,988	$75,884	$-5,337

SENIOR HOPE COUNSELING INC