HOPE FOR HENRY FOUNDATION

EIN: 200244173 501(c)(3) Medical Research

WASHINGTON, DC

Total Revenue
$496,303
Total Expenses
$917,625
Total Assets
$509,209
Net Assets
$446,116
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
DC
Principal Officer
LAURIE STRONGIN
Phone
2028133385
Tax Period
2025-01-01 to 2025-12-31

HOPE FOR HENRY FOUNDATION, founded in 2003, is a small nonprofit in the Medical Research sector that reported $496K in total revenue in fiscal year 2025. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $918K exceeded revenue, resulting in a 85% operating deficit.

Mission

HOPE FOR HENRY IS REINVENTING HOW HOSPITALS CARE FOR CHILDREN AND THEIR FAMILIES THROUGH INNOVATIVE, SCIENTIFICALLY TESTED PROGRAMS THAT HELP HOSPITALIZED KIDS CONFRONT THE CHALLENGES OF SERIOUS ILLNESS, ADHERE TO THEIR MEDICAL PLANS, AND THRIVE.

Program Service Accomplishments

Program 1
Expenses: $736,184

INNOVATIVE PATIENT-CENTERED PROGRAMS: TO ADDRESS FEAR, LONELINESS, AND THE MONOTONY OF THE HOSPITAL STAY, HOPE FOR HENRY HAS DEVELOPED A SUITE OF INNOVATIVE PATIENT-CENTERED PROGRAMS THAT PROVIDE...

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INNOVATIVE PATIENT-CENTERED PROGRAMS: TO ADDRESS FEAR, LONELINESS, AND THE MONOTONY OF THE HOSPITAL STAY, HOPE FOR HENRY HAS DEVELOPED A SUITE OF INNOVATIVE PATIENT-CENTERED PROGRAMS THAT PROVIDE CRITICAL, LONGED-FOR NORMALCY; ENTERTAINING DISTRACTIONS, AND INCREASE ADHERENCE TO LENGTHY, ARDUOUS MEDICAL PROTOCOLS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $502,495
Program Service Revenue $0
Investment Income $461
Other Revenue $-6,653
TOTAL REVENUE $496,303

Expense Breakdown

Grants Paid $68,700
Salaries & Benefits $593,354
Fundraising Expenses $27,884
Program Expenses $736,184
Other Expenses $255,571
TOTAL EXPENSES $917,625

Year-over-Year Comparison

2025 2024 Change
Revenue $496,303 $1,607,431 -0.7%
Expenses $917,625 $2,066,425 -0.6%
Net Income $-421,322 $-458,994 -0.1%
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

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Governance

Voting Members
12
Independent Members
11
Employees
3
Volunteers
25

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
4
$326,216
Total Directors
12
$326,216
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURIE STRONGIN CEO 40.00
Officer Director
$311,864 $14,352 $326,216
LAUREN ARONSON BOARD CHAIR 2.00
Officer Director
$0 $0 $0
RICH LANE TREASURER 2.00
Officer Director
$0 $0 $0
JONATHAN KAPLAN SECRETARY 2.00
Officer Director
$0 $0 $0
MICHAEL BLUM TRUSTEE 2.00
Director
$0 $0 $0
JONATHAN EVANS TRUSTEE 2.00
Director
$0 $0 $0
TODD FOREMAN TRUSTEE 2.00
Director
$0 $0 $0
SARA JUST TRUSTEE 2.00
Director
$0 $0 $0
LINDSAY KARR TRUSTEE 2.00
Director
$0 $0 $0
RICHARD MINTZ TRUSTEE 2.00
Director
$0 $0 $0
DR AZIZA SHAD TRUSTEE 2.00
Director
$0 $0 $0
JAMIE SHOR TRUSTEE 2.00
Director
$0 $0 $0
CAROLYN FUNG COO 40.00
Highest
$130,302 $1,811 $132,113
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 $496,303 $917,625 $509,209 $-421,322
2024 $1,607,431 $2,066,425 $1,018,714 $-458,994
2023 $1,660,379 $2,157,035 $1,587,741 $-496,656
2022 $1,677,257 $1,737,761 $2,134,104 $-60,504
2021 $1,895,838 $1,399,010 $1,951,886 $496,828
2020 $1,471,772 $1,272,869 $1,495,301 $198,903
2019 $1,655,239 $1,630,998 $1,297,692 $24,241
2018 $1,647,994 $1,538,481 $1,248,271 $109,513
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