NEW HOPE CHRISTIAN MINISTRIES

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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

JOHN GRIMSTED

Phone

2085117700

Tax Period

2024-01-01 to 2024-12-31

NEW HOPE CHRISTIAN MINISTRIES, founded in 2004, is a small nonprofit in the Religion sector that reported $235K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

SUPPORT OF MARGINALIZED BY PROVIDING HOUSING, FOOD, AND BASIC NEEDS AND PASTORAL CARE.

Program Service Accomplishments

Program 1

Expenses: $235,235 Revenue: $234,964

SUPPORT OF MARGINALIZED BY PROVIDING HOUSING, FOOD, AND BASIC NEEDS AND PASTORAL CARE.

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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 $234,928

Program Service Revenue $0

Investment Income $36

Other Revenue $0

TOTAL REVENUE $234,964

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,538

Fundraising Expenses $0

Program Expenses $235,235

Other Expenses $175,546

TOTAL EXPENSES $243,084

Year-over-Year Comparison

	2024	2023	Change
Revenue	$234,964	$207,947	+0.1%
Expenses	$243,084	$203,879	+0.2%
Net Income	$-8,120	$4,068	-3.0%

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

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

$20,355

Total Directors

$62,355

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL GRIMSTED	DIRECTOR	40.00	Director	$42,000	$0	$42,000
LUANNE HARDY	SECRETARY	38.00	Officer Director	$20,355	$0	$20,355
JOHN GRIMSTED	PRESIDENT/EX	5.00	Officer Director	$0	$0	$0
ROSS ELY	DIRECTOR	1.00	Director	$0	$0	$0
JAMES JORDON	DIRECTOR	1.00	Director	$0	$0	$0
ROB LEE	DIRECTOR	1.00	Director	$0	$0	$0
DOUG HARDY	DIRECTOR	N/A	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	$234,964	$243,084	$51,051	$-8,120
2023	$207,947	$203,879	$58,467	$4,068
2022	$206,288	$189,166	$54,555	$17,122
2021	$182,015	$173,769	$21,290	$8,246
2020	$201,607	$209,771	$13,185	$-8,164
2019	$214,042	$210,472	$10,671	$3,570