Center for Hope (EIN 061651889) - 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

2004

Legal Domicile

Principal Officer

Nancy Woods

Tax Period

2023-01-01 to 2023-12-31

Center for Hope, founded in 2004, is a small nonprofit in the Recreation & Sports sector that reported $887K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum.

Mission

The Center for Hope is a faith-based Community Center providing food, clothing and basic living skills to those in need in the Ambridge Community in order to strengthen their mind, body and spirit

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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 $875,028

Program Service Revenue $0

Investment Income $11,811

Other Revenue $0

TOTAL REVENUE $886,839

Expense Breakdown

Grants Paid $0

Salaries & Benefits $203,274

Fundraising Expenses $41,127

Program Expenses $741,551

Other Expenses $732,863

TOTAL EXPENSES $936,137

Year-over-Year Comparison

	2023	2022	Change
Revenue	$886,839	$639,467	+0.4%
Expenses	$936,137	$919,202	+0.0%
Net Income	$-49,298	$-279,735	-0.8%

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

145

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

$51,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sue Otto	Executive Director	40.00	Officer	$51,800	$0	$51,800
Joseph Pasquerilla	Director	2.00	Director	$0	$0	$0
Derek Davenport	Director	2.00	Director	$0	$0	$0
Richard Weber	Vice President	2.00	Director	$0	$0	$0
Drew Keys	Director	2.00	Director	$0	$0	$0
Sylvia Dallas	Board Secretary	2.00	Officer Director	$0	$0	$0
Nancy Woods	Chairman of the Board	2.00	Officer Director	$0	$0	$0
Elizabeth Moorhead-Victor	Board Treasurer	2.00	Officer Director	$0	$0	$0
Bud Thorne	Director	40.00	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
2024	No data	No data	No data	No data
2023	$886,839	$936,137	$1,543,371	$-49,298
2022	$639,467	$919,202	$1,522,800	$-279,735
2021	$696,353	$772,348	$1,977,019	$-75,995
2020	$845,764	$698,236	$1,984,411	$147,528
2019	$540,232	$720,901	$1,790,357	$-180,669

Center for Hope