MISSION HOPE FOUNDATION (EIN 201359156) - 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

2005

Legal Domicile

Principal Officer

OMAR ABUHASHEM

Tax Period

2023-01-01 to 2023-12-31

MISSION HOPE FOUNDATION, founded in 2005, is a small nonprofit in the Religion sector that reported $542K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $514K left a modest 5% surplus.

Mission

ESTABLISH MOSQUE USED BY LOCAL MUSLIMS,24 HOURS A DAY,7 DAYS A WEEK,USED REGULARLY BY MUSLIMS FOR PRAYERS,SOCIAL FUNCTIONS,COUNSELING,ETC.ALSO CONDUCT A SCHOOL,GRADES K4 THROUGH 8,TEACHING SUBJECTS AS REQUIRED BY SC DEPT OF EDUCATION,INCLUDING ETHICS,KORAN AND ARABIC.

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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 $232,730

Program Service Revenue $309,619

Investment Income $0

Other Revenue $0

TOTAL REVENUE $542,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $355,743

Fundraising Expenses $0

Program Expenses $441,798

Other Expenses $158,053

TOTAL EXPENSES $513,796

Year-over-Year Comparison

	2023	2022	Change
Revenue	$542,349	$770,953	-0.3%
Expenses	$513,796	$466,448	+0.1%
Net Income	$28,553	$304,505	-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

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

$172,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUAI ELKHATIB	CEOTREASURER	40.00	Officer	$57,050	$0	$57,050
MAHA NAJJAR	VICE-PRINCIPALTEACHER	40.00	Officer	$40,950	$0	$40,950
LYLA ABU-SELMIA	PRINCIPALTEACHER	40.00	Officer	$40,950	$0	$40,950
KHADIJAH HULWE	REGISTRARTEACHER	40.00	Officer	$33,650	$0	$33,650
M S NASSRI	CHAIR	0.00	Director	$0	$0	$0
OMAR ABUHASHEM	SECRETARY	0.00	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
2024	No data	No data	No data	No data
2023	$542,349	$513,796	$1,248,299	$28,553
2022	$770,953	$466,448	$1,219,744	$304,505
2021	$497,801	$408,698	$915,239	$89,103
2020	$388,803	$410,814	$826,135	$-22,011
2019	$423,491	$436,840	$781,987	$-13,349
2018	$448,797	$403,880	$765,238	$44,917

MISSION HOPE FOUNDATION