CHILDREN'S HOPE RESIDENTIAL SERVICE

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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

2002

Legal Domicile

Principal Officer

JAMES ALDRICH

Phone

8068979735

Tax Period

2023-01-01 to 2023-12-31

CHILDREN'S HOPE RESIDENTIAL SERVICE, founded in 2002, is a community nonprofit in the Human Services sector that reported $3.9M in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $4.3M exceeded revenue, resulting in a 12% operating deficit.

Mission

RESTORE DIGNITY TO CHILDREN AND FAMILIES THAT HAVE BEEN ABUSED.

Program Service Accomplishments

Program 1

Expenses: $2,941,107

TREATMENT OF ABUSED AND NEGLECTED CHILDREN THROUGH INDIVIDUAL AND GROUP THERAPY, PREPARING THEM TO BE ABLE TO BE PLACED WITH FUTURE CAREGIVERS. PLACEMENT OF 81 FOSTER CHILDREN WITH 52 FOSTER...

TREATMENT OF ABUSED AND NEGLECTED CHILDREN THROUGH INDIVIDUAL AND GROUP THERAPY, PREPARING THEM TO BE ABLE TO BE PLACED WITH FUTURE CAREGIVERS. PLACEMENT OF 81 FOSTER CHILDREN WITH 52 FOSTER FAMILIES. FACILITATED 10 ADOPTIONS.

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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 $3,578,629

Program Service Revenue $0

Investment Income $0

Other Revenue $289,173

TOTAL REVENUE $3,867,802

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,834,227

Fundraising Expenses $0

Program Expenses $2,941,107

Other Expenses $2,486,285

TOTAL EXPENSES $4,320,512

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,867,802	$5,327,801	-0.3%
Expenses	$4,320,512	$5,199,175	-0.2%
Net Income	$-452,710	$128,626	-4.5%

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

$131,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES ALDRICH	CEO	40.00	Officer	$131,250	$0	$131,250
GERALD BERGMAN	BOARD MEMBER	N/A	Director	$0	$0	$0
RACHAEL DELGADO	BOARD MEMBER	N/A	Director	$0	$0	$0
JAN GRAVITT	BOARD MEMBER	N/A	Director	$0	$0	$0
JOYCE KIMZEY	BOARD MEMBER	N/A	Director	$0	$0	$0
SHIRLEY WARD	BOARD MEMBER	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$3,867,802	$4,320,512	$2,925,468	$-452,710
2022	$5,327,801	$5,199,175	$2,960,549	$128,626
2021	$7,634,142	$7,706,460	$2,722,669	$-72,318
2021	$7,634,142	$7,706,460	$2,722,669	$-72,318
2020	$10,345,767	$10,247,164	$3,230,428	$98,603
2019	$12,427,146	$12,786,831	$3,529,293	$-359,685
2018	$11,846,754	$11,777,053	$3,661,390	$69,701