ERIE, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE REASON FOR OUR HOPE FOUNDATION, founded in 2004, is a small nonprofit in the Religion sector that reported $512K in total revenue in fiscal year 2024. Expenses of $484K left a modest 5% surplus.
THE MISSION IS TO SPREAD THE GOOD NEWS OF JESUS CHRIST AND HIS CHURCH THROUGH VARIOUS MULTIMEDIA RESOURCES AND TO MAKE AVAILABLE CATHOLIC SPEAKERS WHO ARE EFFECTIVE INSTRUMENTS OF THIS EVANGELIZATION.
THE ORGANIZATION SPREADS THE GOSPELS BY CONDUCTING AND PROVIDING SPEAKERS FOR CONFERENCES AND RETREATS AND ALSO BY SALES OF RELATED MEDIA PRODUCTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $511,809 | $495,177 | +0.0% |
| Expenses | $484,293 | $478,000 | +0.0% |
| Net Income | $27,516 | $17,177 | +0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| FATHER LARRY RICHARDS | PRESIDENT | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEBRA A THOMPSON | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT L WALLEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL SCHAAF | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE PIZZINO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MAUREEN TRABOLD | EXECUTIVE DIRECTOR | 40.00 |
Director
|
$67,253 | $0 | $67,253 |
| JAMES MCCARTHY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIK HISS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW NOLL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE BISHOP | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN SAXON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $511,809 | $484,293 | $1,172,650 | $27,516 |
| 2023 | $495,177 | $478,000 | $1,145,134 | $17,177 |
| 2022 | $550,938 | $542,909 | $1,130,703 | $8,029 |
| 2021 | $461,960 | $468,990 | $1,125,860 | $-7,030 |
| 2020 | $541,325 | $456,751 | $1,133,972 | $84,574 |
| 2019 | $456,437 | $469,809 | $1,054,473 | $-13,372 |
| 2018 | $450,680 | $424,282 | $1,065,061 | $26,398 |
Compare THE REASON FOR OUR HOPE FOUNDATION with other nonprofits in Pennsylvania and across the country.