Hope Faith Ministries Inc (EIN 020727462) - 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

Principal Officer

Douglas F Langner

Phone

8164714673

Tax Period

2024-01-01 to 2024-12-31

Hope Faith Ministries Inc is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2024. Expenses of $2.1M left a modest 3% surplus.

Mission

HFM works to alleviate homelessness and poverty in the Kansas City area by providing basic necessities and assistance while also providing critical programs to help empower individuals.

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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 $2,209,027

Program Service Revenue $0

Investment Income $1,432

Other Revenue $-71,873

TOTAL REVENUE $2,138,586

Expense Breakdown

Grants Paid $203,779

Salaries & Benefits $1,095,776

Fundraising Expenses $183,569

Program Expenses $1,679,829

Other Expenses $767,045

TOTAL EXPENSES $2,066,600

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,138,586	$2,168,373	0.0%
Expenses	$2,066,600	$2,039,433	+0.0%
Net Income	$71,986	$128,940	-0.4%

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

600

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

$109,426

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tori Cawman	Chairman	3	Officer Director	$0	$0	$0
Dan Jensen	Vice Chairman	3	Officer Director	$0	$0	$0
Brandon Kanoy	Treasurer	3	Officer Director	$0	$0	$0
Steve Harmon	Secretary	3	Officer Director	$0	$0	$0
Blake Reeves	Director	3	Director	$0	$0	$0
Mike Cillessen	Director	3	Director	$0	$0	$0
Larry Thies	Director	3	Director	$0	$0	$0
Rod Carbonell	Director	3	Director	$0	$0	$0
Darryl Burton	Director	3	Director	$0	$0	$0
Sarah Plake	Director	3	Director	$0	$0	$0
Alex Trinidad	Director	3	Director	$0	$0	$0
Bill Stueck	Director	3	Director	$0	$0	$0
Elizabeth Alex	Director	3	Director	$0	$0	$0
Jeff Miller	Director	3	Director	$0	$0	$0
Andrea OHara	Director	3	Director	$0	$0	$0
Elizabeth	HodgesDirector	3	Director	$0	$0	$0
Douglas F	Langner Exec D	40	Officer	$109,426	$0	$109,426

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	$2,138,586	$2,066,600	$3,807,567	$71,986
2023	$2,168,373	$2,039,433	$3,827,271	$128,940
2022	$1,844,100	$1,878,130	$4,130,699	$-34,030
2021	$3,252,870	$3,450,211	$4,201,638	$-197,341
2020	$2,222,866	$2,648,146	$4,256,808	$-425,280
2019	$1,180,082	$1,286,028	$4,630,322	$-105,946
2018	$1,476,877	$968,233	$4,593,843	$508,644

Hope Faith Ministries Inc