NEW HOPE TUTORIALS 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

2001

Legal Domicile

Principal Officer

STEPHEN J STAATS

Phone

9789658601

Tax Period

2021-07-01 to 2022-06-30

NEW HOPE TUTORIALS INC, founded in 2001, is a small nonprofit that reported $355K in total revenue in fiscal year 2021. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

NEW HOPE TUTORIALS INC IS A NON-PROFIT CHRISTIAN EDUCATIONAL MINISTRY THAT ENABLES FAMILIES TO MAINTAIN A HOME-BASED EDUCATION THROUGH THE UPPER GRADES. BY PROVIDING ACADEMIC SUPPORT THROUGH EXPERT TUTORS IN SMALL GROUP SETTINGS, NEW HOPE PARTNERS WITH PARENTS AND STUDENTS IN MEETING THE INCREASING DEMANDS OF THEIR CURRICULUM.

Program Service Accomplishments

Program 1

Expenses: $294,058 Revenue: $317,504

ACADEMIC SUPPORT TO 75 - 100 MIDDLE SCHOOL AND HIGH SCHOOL AGED STUDENTS FOR THE 2021 TO 2022 ACADEMIC YEAR. 15 - 20 CORE-SUBJECTS AND ELECTIVES. MOST HIGH SCHOOL STUDENTS WENT ONTO FOUR YEAR...

ACADEMIC SUPPORT TO 75 - 100 MIDDLE SCHOOL AND HIGH SCHOOL AGED STUDENTS FOR THE 2021 TO 2022 ACADEMIC YEAR. 15 - 20 CORE-SUBJECTS AND ELECTIVES. MOST HIGH SCHOOL STUDENTS WENT ONTO FOUR YEAR COLLEGES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $18,998

Program Service Revenue $316,540

Investment Income $27

Other Revenue $19,685

TOTAL REVENUE $355,250

Expense Breakdown

Grants Paid $19,312

Salaries & Benefits $284,072

Fundraising Expenses $840

Program Expenses $294,058

Other Expenses $84,856

TOTAL EXPENSES $388,240

Year-over-Year Comparison

	2021	2020	Change
Revenue	$355,250	$488,086	-0.3%
Expenses	$388,240	$436,104	-0.1%
Net Income	$-32,990	$51,982	-1.6%

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

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

$83,152

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEX MATTERA	DIRECTOR	0.00	Director	$0	$0	$0
JOAN SMITH	SECRETARY/DIRECTOR	0.00	Director	$0	$0	$0
SANDY FISHER	DIRECTOR	0.00	Director	$0	$0	$0
BRENNAN MCCARRAGHER	DIRECTOR	0.00	Director	$0	$0	$0
STEVE STAATS	CHAIR/DIRECTOR	0.00	Director	$0	$0	$0
ERIC KEYES	TREASURER	0.00	Director	$0	$0	$0
CHRIS WESTRATE	PRESIDENT/DIRECTOR	40.00	Officer	$83,152	$0	$83,152

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	$355,250	$388,240	$116,957	$-32,990
2021	$488,086	$436,104	$155,997	$51,982
2020	$406,938	$417,862	$103,166	$-10,924