HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION (EIN 200875964) - 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

2004

Legal Domicile

Principal Officer

Rev Richard Coleman

Phone

6126926563

Tax Period

2023-01-01 to 2023-12-31

HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION, founded in 2004, is a micro nonprofit in the Education sector that reported $94K in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $200K exceeded revenue, resulting in a 113% operating deficit.

Mission

A catalyst of hope connecting people, organizations, and resources to transform lives and communities for good.

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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 (2023)

Revenue Breakdown

Contributions & Grants $80,474

Program Service Revenue $13,100

Investment Income $180

Other Revenue $0

TOTAL REVENUE $93,754

Expense Breakdown

Grants Paid $500

Salaries & Benefits $30,223

Fundraising Expenses $0

Program Expenses $164,968

Other Expenses $168,926

TOTAL EXPENSES $199,649

Year-over-Year Comparison

	2023	2022	Change
Revenue	$93,754	$287,756	-0.7%
Expenses	$199,649	$220,683	-0.1%
Net Income	$-105,895	$67,073	-2.6%

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

N/A

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

$40,980

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rev Richard Coleman	Executive Director	20	Officer	$30,000	$223	$30,223
Cheryl Anderson	Accountant	25	Officer	$10,757	$0	$10,757
Lee Parker	Board Member	1	Director	$0	$0	$0
Rita Tolbert	Board Member	1	Director	$0	$0	$0
Dr Herbert Klem	Board Member	1	Director	$0	$0	$0
Lisa Erikson	Board Member	1	Director	$0	$0	$0
Rev Dr Russell A Pointer Sr	Board Member	1	Director	$0	$0	$0
Cam Selmer	Board Member	1.00	Director	$0	$0	$0
Lonnie Humphrey	Board Chair/Treasurer	1.00	Officer 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
2023	$93,754	$199,649	$35,250	$-105,895
2022	$287,756	$220,683	$149,229	$67,073
2021	$486,160	$531,293	$110,396	$-45,133

HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION