BURNING HOPE MINISTRIES (EIN 201502674) - 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

CRAIG HEARN

Phone

8324652541

Tax Period

2024-01-01 to 2024-12-31

BURNING HOPE MINISTRIES, founded in 2004, is a small nonprofit in the Religion sector that reported $240K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 30% operating margin.

Mission

HELPING PEOPLE KNOW, GROW AND LIVE.

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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 $236,968

Program Service Revenue $0

Investment Income $2,591

Other Revenue $0

TOTAL REVENUE $239,559

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,642

Fundraising Expenses $0

Program Expenses $130,895

Other Expenses $99,698

TOTAL EXPENSES $167,340

Year-over-Year Comparison

	2024	2023	Change
Revenue	$239,559	$177,252	+0.4%
Expenses	$167,340	$159,310	+0.1%
Net Income	$72,219	$17,942	+3.0%

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

$50,000

Total Directors

$50,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROB SCHROEDER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
CRAIG HEARN	PRESIDENT	50.00	Officer Director	$15,000	$35,000	$50,000
SUE HEARN	SECRETARY	15.00	Officer Director	$0	$0	$0
BRYAN SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
STEVE GRACEY	DIRECTOR	1.00	Director	$0	$0	$0
EMILY LOEBACH	DIRECTOR	1.00	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	$239,559	$167,340	$243,421	$72,219

BURNING HOPE MINISTRIES