HOPE RISING FOR CHILDREN INC

EIN: 141853676 501(c)(3) Human Services

Washington, DC

Total Revenue
$35,421
Total Expenses
$35,014
Total Assets
$312,552
Net Assets
$312,552
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
GA
Principal Officer
Delphine O On
Phone
2024497708
Tax Period
2024-01-01 to 2024-12-31

HOPE RISING FOR CHILDREN INC, founded in 2002, is a micro nonprofit in the Human Services sector that reported $35K in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. Net assets of $313K represent 106 months of operating reserves.

Mission

Hope Rising for Children is a 501(c)(3) nonprofit organization committed to empowering the most vulnerable children in underserved communities. Our mission is to break the cycle of poverty and inequality by addressing systemic barriers, promoting health and well-being, and expanding access to quality education and essential resources. We believe every child has the potential to thrive, lead, and drive meaningful change. By fostering resilience, creating opportunities, and igniting hope, we strive to build brighter futures and stronger communities for generations to come. We envision a world where every child-regardless of background or circumstance-has the opportunity to realize their full potential. Our goal is to create a future where education is accessible, essential resources are abundant, and supportive communities nurture children's aspirations.

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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 (2024)

Revenue Breakdown

Contributions & Grants $35,421
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $35,421

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $31,791
Other Expenses $35,014
TOTAL EXPENSES $35,014

Year-over-Year Comparison

2024 2023 Change
Revenue $35,421 $20,300 +0.7%
Expenses $35,014 $19,374 +0.8%
Net Income $407 $926 -0.6%
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

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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
4
Independent Members
4
Employees
N/A
Volunteers
45

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Madeleine Bassomo Asst. Treasurer 23
Director
$0 $0 $0
Dr Aurelie Njee Treasurer 24
Director
$0 $0 $0
Delphine O On President 26.00
Director
$0 $0 $0
Louis C Banag Secretary 26
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 $35,421 $35,014 $312,552 $407
2023 $20,300 $19,374 $312,145 $926
2022 $62,017 $37,978 $311,219 $24,039
2021 $65,410 $39,631 $287,180 $25,779
2020 $71,359 $62,152 $261,401 $9,207
2019 $57,653 $42,123 $252,194 $15,530
2018 $59,163 $48,466 $236,664 $10,697
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