BUILDING FOR HOPE INC

EIN: 201946369 501(c)(3)

ZEBULON, NC

Total Revenue
$22
Total Expenses
$67,335
Total Assets
N/A
Net Assets
N/A
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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
NC
Principal Officer
JAY SILVER
Phone
9193452013
Tax Period
2020-11-01 to 2021-10-31

BUILDING FOR HOPE INC, founded in 2004, is a micro nonprofit that reported $22 in total revenue in fiscal year 2020. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $67K exceeded revenue, resulting in a 305968% operating deficit.

Mission

BUILDING FOR HOPE MANAGES A BUILDING FOR THE USE OF NON-PROFITS AND PROVIDES THE USE OF BUILDING AT COST.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $22
Other Revenue $0
TOTAL REVENUE $22

Expense Breakdown

Grants Paid $64,750
Salaries & Benefits $1,076
Fundraising Expenses $0
Program Expenses $64,750
Other Expenses $1,509
TOTAL EXPENSES $67,335

Year-over-Year Comparison

2020 2019 Change
Revenue $22 $8,461 -1.0%
Expenses $67,335 $1,949,012 -1.0%
Net Income $-67,313 $-1,940,551 -1.0%
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

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Governance

Voting Members
3
Independent Members
3
Employees
1
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS FONVILLE DIRECTOR 1.00
Director
$0 $0 $0
JOHN MORISEY DIRECTOR 1.00
Director
$0 $0 $0
JAY SILVER 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
2021 $22 $67,335 No data $-67,313
2020 $8,461 $1,949,012 $567,391 $-1,940,551
2019 $1,190,084 $86,137 $2,007,979 $1,103,947
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