EDUCATION AND HOPE 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

1999

Legal Domicile

Principal Officer

JULIE E COYNE

Phone

2039843926

Tax Period

2023-01-01 to 2023-12-31

EDUCATION AND HOPE INC, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $648K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $850K exceeded revenue, resulting in a 31% operating deficit.

Mission

EDUCATION AND HOPE INC. AIMS TO INCREASE ACCESS TO EDUCATION AMONG IMPOVERISHED CHILDREN AND YOUNG ADULTS IN QUETZALTENANGO, GUATEMALA BY PROVIDING THEM WITH MONTHLY SCHOLARSHIPS TO ATTEND LOCAL PUBLIC AND PRIVATE SCHOOLS, AND A COMPREHENSIVE AFTER-SCHOOL TUTORING PROGRAM.

Program Service Accomplishments

Program 1

Expenses: $709,329

INCREASE ACCESS TO EDUCATION FOR 180 CHILDREN AND YOUNG ADULTS IN THE WESTERN HIGHLANDS CITY OF QUETZALTENANGO, GUATEMALA, BY PROVIDING THEM WITH MONTHLY SCHOLARSHIPS, AS WELL AS BY OFFERING...

INCREASE ACCESS TO EDUCATION FOR 180 CHILDREN AND YOUNG ADULTS IN THE WESTERN HIGHLANDS CITY OF QUETZALTENANGO, GUATEMALA, BY PROVIDING THEM WITH MONTHLY SCHOLARSHIPS, AS WELL AS BY OFFERING REINFORCEMENT FOR 125 STUDENTS THROUGH AN ACADEMIC ENRICHMENT PROGRAM. DIRECTLY AFTER THE SCHOOL DAY ENDS, TUTORING IS OFFERED ALONG WITH TWO NUTRITIOUS MEALS, ACCESS TO HOT SHOWERS, AND MEDICAL ATTENTION

Program 2

Expenses: $19,105

CASA ESPERANZA IS A HOUSING ASSISTANCE PROGRAM THAT OFFERS SMALL HOME IMPROVEMENT GRANTS TO SINGLE MONTHERS, ENABLING THEM TO MAKE THE NECESSARY REPAIRS TO KEEP THEIR HOMES SAFE TO LIVE IN.

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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 $639,840

Program Service Revenue $0

Investment Income $8,602

Other Revenue $0

TOTAL REVENUE $648,442

Expense Breakdown

Grants Paid $175,656

Salaries & Benefits $459,489

Fundraising Expenses $30,666

Program Expenses $728,434

Other Expenses $214,653

TOTAL EXPENSES $849,798

Year-over-Year Comparison

	2023	2022	Change
Revenue	$648,442	$722,433	-0.1%
Expenses	$849,798	$924,026	-0.1%
Net Income	$-201,356	$-201,593	0.0%

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

$115,292

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALISON LANEY	SECRETARY	5.00	Officer Director	$0	$0	$0
ANA BLAZE	VICE-PRESIDENT	5.00	Officer Director	$0	$0	$0
BETH IOVINELLI	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN RAMSAY	DIRECTOR	1.00	Director	$0	$0	$0
GRAHAM FOSTER	TREASURER	1.00	Officer Director	$0	$0	$0
JENNIFER TARLETON	DIRECTOR	1.00	Director	$0	$0	$0
KAREN ELDERS	PRESIDENT	5.00	Officer Director	$0	$0	$0
KATIE COYNE RESTREPO	DIRECTOR	1.00	Director	$0	$0	$0
KELLY DEGULIS	DIRECTOR	1.00	Director	$0	$0	$0
VANESSA FROSINI	DIRECTOR	1.00	Director	$0	$0	$0
JULIE COYNE	EXECUTIVE DIRECTOR	50.00	Officer	$99,820	$15,472	$115,292

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	$648,442	$849,798	$1,083,241	$-201,356
2022	$722,433	$924,026	$1,394,307	$-201,593
2021	$596,955	$584,997	$1,457,038	$11,958
2020	$800,015	$535,445	$1,468,722	$264,570
2019	$524,438	$614,124	$1,177,980	$-89,686
2018	$599,789	$630,227	$1,266,022	$-30,438