Center of Hope (EIN 020755251) - 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

Raymond Chavez

Tax Period

2023-01-01 to 2023-12-31

Center of Hope, founded in 2006, is a micro nonprofit in the Human Services sector that reported $60K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $71K exceeded revenue, resulting in a 19% operating deficit.

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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 $59,607

Program Service Revenue $301

Investment Income $0

Other Revenue $0

TOTAL REVENUE $59,908

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,899

Other Expenses $71,399

TOTAL EXPENSES $71,399

Year-over-Year Comparison

	2023	2022	Change
Revenue	$59,908	$70,604	-0.2%
Expenses	$71,399	$73,277	0.0%
Net Income	$-11,491	$-2,673	+3.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Blanco	Board Member	10.00	Director	$0	$0	$0
Becky Fredrikz	Secretary	10.00	Officer Director	$0	$0	$0
Raymond Chavez	Executive Director	10.00	Officer Director	$0	$0	$0
Edward Espinosa	President	10.00	Officer 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	No data	No data	No data	No data
2023	$59,908	$71,399	$127,922	$-11,491
2022	$70,604	$73,277	$139,413	$-2,673
2021	$61,089	$66,507	$142,086	$-5,418
2020	$54,750	$62,141	$147,504	$-7,391
2019	$59,762	$70,420	$154,895	$-10,658
2018	$63,647	$70,507	$165,553	$-6,860

Center of Hope