SPLASHES OF HOPE INC (EIN 113355542) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

HEATHER BUGGEE

Phone

6314248230

Tax Period

2023-10-01 to 2024-09-30

SPLASHES OF HOPE INC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $410K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $378K left a modest 8% surplus.

Mission

TO TRANSFORM, ENRICH AND FACILITTE HEALING THROUGH ART.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $406,684

Program Service Revenue $0

Investment Income $3,021

Other Revenue $0

TOTAL REVENUE $409,705

Expense Breakdown

Grants Paid $0

Salaries & Benefits $212,545

Fundraising Expenses $43,929

Program Expenses $288,201

Other Expenses $165,091

TOTAL EXPENSES $377,636

Year-over-Year Comparison

	2023	2022	Change
Revenue	$409,705	$280,426	+0.5%
Expenses	$377,636	$272,881	+0.4%
Net Income	$32,069	$7,545	+3.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

150

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

$80,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONICA KRAWCZYK	CO-PRESIDENT	5.00	Director	$0	$0	$0
ROMAN KRAWCZYK	CO-PRESIDENT	5.00	Director	$0	$0	$0
THOMAS CHANG	VICE PRESIDENT	5.00	Director	$0	$0	$0
JENNIFER LA ROSA	TREASURER	5.00	Director	$0	$0	$0
PATRICIA ROSSI	SECRETARY	5.00	Director	$0	$0	$0
STEVEN STARK	TRUSTEE	5.00	Director	$0	$0	$0
CHRISTINA ZANCA	TRUSTEE	5.00	Director	$0	$0	$0
JILL NICOLOIS	TRUSTEE	5.00	Director	$0	$0	$0
DOMINIQUE WALKER	TRUSTEE	5.00	Director	$0	$0	$0
HEATHER BUGGEE	FOUNDER/CEO	35.00	Officer	$80,000	$0	$80,000

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	$409,705	$377,636	$300,843	$32,069
2023	$280,426	$272,881	$259,245	$7,545
2022	$306,059	$247,903	$204,763	$58,156
2021	$303,886	$239,167	$140,942	$64,719
2020	$180,783	$233,049	$102,811	$-52,266
2019	$303,675	$305,995	$137,861	$-2,320
2018	$324,009	$291,606	$129,922	$32,403

SPLASHES OF HOPE INC