FOSTERING HOPE FLORIDA INC

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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

GLORIA A WEST-LAWSON

Phone

7276885328

Tax Period

2025-01-01 to 2025-12-31

FOSTERING HOPE FLORIDA INC, founded in 2004, is a small nonprofit in the Human Services sector that reported $209K in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF FOSTERING HOPE FLORIDA IS TO PARTNER WITH THE COMMUNITY IN CREATING A COMPASSIONATE SYSTEM OF FOSTER CARE THAT HONORS AND PROTECTS THE RIGHTS OF CHILDREN.

Program Service Accomplishments

Program 1

Expenses: $194,423

FOSTERING HOPE FLORIDA, INC.'S APPROACH TO IMPROVE OUTCOMES FOR AT-RISK YOUTH IN FOSTER CARE IS TO CREATE A SYSTEM OF COMMUNITY-SUPPORT FOR FOSTER FAMILIES AND CHILDREN IN FOSTER CARE. THIS EFFORT IS BEING PURSUED THROUGH SEVERAL INITIATIVES: 1) PROVIDING COMMUNITY AWARENESS TO INCREASE SUPPORT BASE AND TO RECRUIT NEW FOSTER PARENTS: REACHED OVER 1000 PEOPLE WITH THIS CAMPAIGN. 2) PROVIDING FREE SERVICES TO CHILDREN IN FOSTER CARE: SERVED OVER 300 INDIVIDUALS ANNUALLY (SERVICES INCLUDE: MENTORING, PROVIDING NECESSITIES: CLOTHING, TOILETRIES, DISTRIBUTING EDUCATIONAL MATERIAL, TRANSPORTATION, PROVIDING CAR SEATS, BEDS, TOYS). 3) OPERATING 3 COMMUNITY SUPPORTED GROUP HOMES FOR CHILDREN IN FOSTER CARE CALLED HOPE HOUSES: PROVIDED A HOME FOR 30 CHILDREN

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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 (2025)

Revenue Breakdown

Contributions & Grants $216,658

Program Service Revenue $0

Investment Income $0

Other Revenue $-8,004

TOTAL REVENUE $208,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,464

Fundraising Expenses $0

Program Expenses $194,423

Other Expenses $162,857

TOTAL EXPENSES $207,321

Year-over-Year Comparison

	2025	2024	Change
Revenue	$208,654	$176,521	+0.2%
Expenses	$207,321	$192,945	+0.1%
Net Income	$1,333	$-16,424	-1.1%

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

100

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAQUELLE HALE	BOARD MEMBER	N/A	Officer	$0	$0	$0
PATRICIA HOLE	VICE PRESIDE	N/A	Officer	$0	$0	$0
RICHARD NELSEN	BOARD MEMBER	N/A	Officer	$0	$0	$0
WENDY PIKES	SECRETARY	N/A	Officer	$0	$0	$0
MICHAEL RIVERA	BOARD MEMBER	N/A	Officer	$0	$0	$0
HEATHER STRASSEL	BOARD MEMBER	N/A	Officer	$0	$0	$0
GLORIA A WEST-LAWSON	PRESIDENT/TR	N/A	Officer	$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	$208,654	$207,321	$91,677	$1,333
2024	$176,521	$192,945	$95,530	$-16,424
2023	$185,306	$212,324	$115,068	$-27,018
2022	$212,908	$206,136	$132,716	$6,772
2021	$209,907	$182,501	$134,920	$27,406
2020	$161,700	$201,586	$132,512	$-39,886
2019	$120,073	$180,276	$159,299	$-60,203
2018	$125,298	$154,590	$204,374	$-29,292