ETERNAL FLAME OF HOPE MINISTRIES INC

EIN: 113601100 501(c)(3) Arts, Culture & Humanities

JACKSON HEIGHTS, NY

Total Revenue
$60,363
Total Expenses
$60,503
Total Assets
$702,686
Net Assets
$701,970
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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
2001
Legal Domicile
NY
Principal Officer
FR RICHARD BRETONE
Phone
7182748287
Tax Period
2023-01-01 to 2023-12-31

ETERNAL FLAME OF HOPE MINISTRIES INC, founded in 2001, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $60K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $702K represent 140 months of operating reserves.

Mission

RELIGIOUS/ ARTISTIC RETREATS

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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 (2023)

Revenue Breakdown

Contributions & Grants $60,362
Program Service Revenue $0
Investment Income $1
Other Revenue $0
TOTAL REVENUE $60,363

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,884
Other Expenses $60,503
TOTAL EXPENSES $60,503

Year-over-Year Comparison

2023 2022 Change
Revenue $60,363 $54,487 +0.1%
Expenses $60,503 $76,737 -0.2%
Net Income $-140 $-22,250 -1.0%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FATHER RICHARD BRETONE PRESIDENT 20.00
Director
$0 $0 $0
MS CATHERINE BALA VICE PRESIDENT 20.00
Director
$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 $60,363 $60,503 $702,686 $-140
2022 $54,487 $76,737 $705,618 $-22,250
2021 $62,925 $76,242 $737,936 $-13,317
2020 $107,079 $91,694 $761,987 $15,385
2019 $91,836 $86,764 $759,754 $5,072
2018 $113,294 $87,665 $769,183 $25,629
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