Mount Hope Learning Center

EIN: 050502405 501(c)(3) Arts, Culture & Humanities

Providence, RI

Total Revenue
$323,168
Total Expenses
$360,373
Total Assets
$655,829
Net Assets
$543,844
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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
1998
Legal Domicile
RI
Principal Officer
MJ Daly
Phone
4014558875
Tax Period
2024-07-01 to 2025-06-30

Mount Hope Learning Center, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $323K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $360K exceeded revenue, resulting in a 12% operating deficit.

Mission

The mission of the Mount Hope Learning Center is to provide a safe environment in which the children and adults of the community can learn skills that will enable them to enhance their quality of life and have more productive futures.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $142,940
Program Service Revenue $173,643
Investment Income $114
Other Revenue $6,471
TOTAL REVENUE $323,168

Expense Breakdown

Grants Paid $0
Salaries & Benefits $262,430
Fundraising Expenses $3,931
Program Expenses $307,920
Other Expenses $97,943
TOTAL EXPENSES $360,373

Year-over-Year Comparison

2024 2023 Change
Revenue $323,168 $532,978 -0.4%
Expenses $360,373 $393,039 -0.1%
Net Income $-37,205 $139,939 -1.3%
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

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Governance

Voting Members
10
Independent Members
10
Employees
20
Volunteers
10

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
2
$70,342
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stacy Couto Treasurer 1.00
Officer Director
$0 $0 $0
Wilmette Santos Member 1.00
Director
$0 $0 $0
Jana Hesser Member 1.00
Director
$0 $0 $0
Sylvia Ann Soares Member 1.00
Director
$0 $0 $0
Andrew Caslowitz Member 1.00
Director
$0 $0 $0
Kristin Lussier Member 1.00
Director
$0 $0 $0
Michael Rollins Member 1.00
Director
$0 $0 $0
Libby Smith Member 1.00
Director
$0 $0 $0
Ismail Oner Member 0.00
Director
$0 $0 $0
Lori Kettle Member 1.00
Director
$0 $0 $0
Mary-Jeanne Daly Executive Director 40.00
Officer
$57,758 $12,584 $70,342
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 $323,168 $360,373 $655,829 $-37,205
2024 No data No data No data No data
2023 $427,441 $326,128 $533,014 $101,313
2022 $478,068 $403,719 $579,155 $74,349
2021 $206,408 $228,719 $370,015 $-22,311
2020 $242,792 $301,232 $381,651 $-58,440
2019 $461,241 $385,702 $439,047 $75,539
2018 $452,508 $387,079 $372,177 $65,429
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