HOPE PSYCHOLOGICAL SERVICES INC (EIN 043094979) - 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

1990

Legal Domicile

Principal Officer

Charles Slagen

Phone

7814022442

Tax Period

2024-07-01 to 2025-06-30

HOPE PSYCHOLOGICAL SERVICES INC, founded in 1990, is a small nonprofit in the Unknown sector that reported $212K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $202K left a modest 4% surplus.

Mission

Providing outpatient mental health counseling.

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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 $3,300

Program Service Revenue $208,458

Investment Income $0

Other Revenue $0

TOTAL REVENUE $211,758

Expense Breakdown

Grants Paid $0

Salaries & Benefits $163,566

Fundraising Expenses $0

Program Expenses $163,566

Other Expenses $38,797

TOTAL EXPENSES $202,363

Year-over-Year Comparison

	2024	2023	Change
Revenue	$211,758	$241,990	-0.1%
Expenses	$202,363	$212,321	0.0%
Net Income	$9,395	$29,669	-0.7%

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

$64,073

Total Directors

$64,073

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrew Sonnekalb	Executive Director	32.00	Officer Director	$64,073	$0	$64,073
Charles Slagen	Board Chair	1.00	Officer	$0	$0	$0
Dorothy Slagen	Clerk	1.00	Officer	$0	$0	$0
Jeff Hwang	Board Member	1.00	Officer	$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
2025	$211,758	$202,363	$88,283	$9,395
2024	$241,990	$212,321	$71,937	$29,669
2023	$166,439	$186,602	$28,666	$-20,163
2022	$113,985	$121,957	$27,822	$-7,972
2021	$124,834	$142,535	$46,378	$-17,701

HOPE PSYCHOLOGICAL SERVICES INC