Essence of Hope Inc (EIN 141989286) - 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

2007

Legal Domicile

Principal Officer

Mia Crew

Tax Period

2024-01-01 to 2024-12-31

Essence of Hope Inc, founded in 2007, is a micro nonprofit in the Human Services sector that reported $73K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $66K left a modest 10% surplus.

Mission

Our mission is to provide transitional and permanent housing, and supportive services to addicts, alcoholics, HIV/Aids, mental illness, domestic violence and a host of other circumstances who have the desire to overcome life challenges

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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 $70,882

Program Service Revenue $2,490

Investment Income $0

Other Revenue $0

TOTAL REVENUE $73,372

Expense Breakdown

Grants Paid $39,610

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $64,398

Other Expenses $26,512

TOTAL EXPENSES $66,122

Year-over-Year Comparison

	2024	2023	Change
Revenue	$73,372	$48,952	+0.5%
Expenses	$66,122	$45,158	+0.5%
Net Income	$7,250	$3,794	+0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Laura Johnson	President	2.00	Director	$0	$0	$0
Patrcia Evans	Secretary	2.00	Director	$0	$0	$0
Jilvonnie Littlejohn	Board Member	2.00	Director	$0	$0	$0
Mia Crew	Executive Director	40.00	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	No data	No data	No data	No data
2024	$73,372	$66,122	$85,468	$7,250

Essence of Hope Inc