HELPING ELEVATE LOW INCOME PEOPLE ECONOMIC AND COMMUNITY DEVELOPMEN (EIN 061840058) - 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

2010

Legal Domicile

Principal Officer

BARBARA JOHNSON

Phone

2814599800

Tax Period

2023-01-01 to 2023-12-31

HELPING ELEVATE LOW INCOME PEOPLE ECONOMIC AND COMMUNITY DEVELOPMEN, founded in 2010, is a community nonprofit that reported $4.8M in total revenue in fiscal year 2023. Revenue surged 5159% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.7M, a strong 98% operating margin.

Mission

The mission of HELP Corp is to empower low-income and poor people through mentors, education, counseling and financial assistance with the hope they become productive and successful individuals and to reduce recidivism that plague our communities.

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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 $4,821,332

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,821,332

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $80,444

TOTAL EXPENSES $80,444

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,821,332	$91,685	+51.6%
Expenses	$80,444	$99,042	-0.2%
Net Income	$4,740,888	$-7,357	-645.4%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Howard Ledett II	Vice President	5	Officer	$0	$0	$0
Mary Francois	Secretary	5	Officer	$0	$0	$0
Barbara Johnson	President	5	Officer	$0	$0	$0
Del Martin	Board Member	5	Officer	$0	$0	$0
Ike Ekweremadu	Treasurer	5	Officer	$0	$0	$0
Obiora Obasi	Vice Treasurer	5	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
2023	$4,821,332	$80,444	$4,832,573	$4,740,888
2022	$91,685	$99,042	$91,685	$-7,357
2021	$4,771,049	$105,905	$6,485,836	$4,665,144
2020	$1,887,000	$67,950	$1,820,130	$1,819,050

HELPING ELEVATE LOW INCOME PEOPLE ECONOMIC AND COMMUNITY DEVELOPMEN