CENTER OF HOPE FOUNDATION INC (EIN 113638367) - 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

1998

Legal Domicile

Phone

6314744120

Tax Period

2024-01-01 to 2024-12-31

CENTER OF HOPE FOUNDATION INC, founded in 1998, is a small nonprofit in the Human Services sector that reported $315K in total revenue in fiscal year 2024. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $358K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE CENTER OF HOPE FOUNDATION, INC. WAS ESTABLISHED TO RAISE FUNDS TO PRESERVE THE FUTURE OF THE MARYHAVEN CENTER OF HOPE, INC.'S PROGRAM SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $340,978

Program Service Revenue $0

Investment Income $0

Other Revenue $-26,229

TOTAL REVENUE $314,749

Expense Breakdown

Grants Paid $199,171

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $238,481

Other Expenses $158,571

TOTAL EXPENSES $357,742

Year-over-Year Comparison

	2024	2023	Change
Revenue	$314,749	$1,583,780	-0.8%
Expenses	$357,742	$126,313	+1.8%
Net Income	$-42,993	$1,457,467	-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

Governance

Voting Members

Independent Members

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

$1,707,356

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY BENCIVENGA	CHAIRPERSON	0.2	Officer Director	$0	$0	$0
GARY NUCCIO	TRUSTEE	0.2	Director	$0	$0	$0
ROBERT JACOBS MD	TRUSTEE	0.2	Director	$0	$0	$0
DANUTA PONIATOWSKI	CFO AS OF DEC. 2024	0.1	Officer	$0	$60,600	$315,026
MARY BETH LICHTNEGER	CHIEF OPERATING OFFICER	0.1	Officer	$0	$79,604	$584,958
WALTER STOCKTON	CEO/PRESIDENT	0.1	Officer	$0	$98,184	$807,372
DEBORAH KNEIDL	CHIEF DEVELOPMENT OFFICER	13.3	Highest	$0	$35,129	$296,312

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	$314,749	$357,742	$1,892,792	$-42,993
2023	$1,583,780	$126,313	$2,022,428	$1,457,467
2022	$901,570	$502,622	$670,715	$398,948
2021	$229,205	$50,002	$257,515	$179,203
2020	$972,982	$265,608	$3,066,929	$707,374
2019	$458,013	$319,922	$2,181,933	$138,091
2018	$508,490	$356,334	$2,057,385	$152,156

CENTER OF HOPE FOUNDATION INC