HEIGHTS OF HOPE INC (EIN 200123010) - 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

2003

Legal Domicile

Principal Officer

BARRY WALBURG

Phone

6163928559

Tax Period

2024-01-01 to 2024-12-31

HEIGHTS OF HOPE INC, founded in 2003, is a small nonprofit that reported $263K in total revenue in fiscal year 2024. Net assets of $866K represent 39 months of operating reserves.

Mission

TO EMPOWER PEOPLE IN THE HOLLAND HEIGHTS COMMUNITY AND BEYOND TO MAKE SOCIAL, EMOTIONAL, PHYSICAL, AND SPIRITUAL LIFE CHANGES, THROUGH BUILDING COMPASSIONATE RELATIONSHIPS AND CONNECTING TO COMMUNITY RESOURCES.

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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 $186,831

Program Service Revenue $76,287

Investment Income $253

Other Revenue $0

TOTAL REVENUE $263,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $134,317

Fundraising Expenses $600

Program Expenses $255,009

Other Expenses $129,688

TOTAL EXPENSES $264,005

Year-over-Year Comparison

	2024	2023	Change
Revenue	$263,371	$256,457	+0.0%
Expenses	$264,005	$255,325	+0.0%
Net Income	$-634	$1,132	-1.6%

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

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

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

$21,489

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARRY WALBURG	PRESIDENT	2.00	Officer Director	$0	$0	$0
SCOTT VROON	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
BRUCE COOKE	SECRETARY	2.00	Officer Director	$0	$0	$0
EDWARD W BREDEMEIER JR	TREASURER	2.00	Officer Director	$0	$0	$0
REX KIEKINTVELD	DIRECTOR	1.00	Director	$0	$0	$0
BECKY LAWRENCE	DIRECTOR	1.00	Director	$0	$0	$0
KEITH MULDER	DIRECTOR	1.00	Director	$0	$0	$0
TODD SNELLER	DIRECTOR	1.00	Director	$0	$0	$0
MARY JO STAAL	DIRECTOR	1.00	Director	$0	$0	$0
PAM KING	FORMER EXEC	10.00	Officer	$5,236	$0	$5,236
RACHEL RESSEGVIE	EXECUTIVE DI	20.00	Officer	$16,253	$0	$16,253

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	$263,371	$264,005	$957,885	$-634
2023	$256,457	$255,325	$973,090	$1,132
2022	$566,638	$190,200	$1,015,787	$376,438
2021	$210,376	$144,410	$494,514	$65,966
2020	$224,212	$149,811	$428,548	$74,401
2019	$171,967	$174,055	$349,547	$-2,088
2018	$160,094	$168,851	$351,635	$-8,757

HEIGHTS OF HOPE INC