Hopewell Development and Achievement Center (EIN 201997113) - 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

Phone

2148238707

Tax Period

2024-01-01 to 2024-12-31

Hopewell Development and Achievement Center is a small nonprofit in the Education sector that reported $385K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

The mission of HDAC is to provide a high quality, nurturing, educational and spiritual environment. A place where educators and families come together to encourage each child to reach their maximum potential emotionally, physically, socially, and spiritually. This belief will develop true character, leadership and Christian service through teaching of the Scriptures.

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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 $384,505

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $384,505

Expense Breakdown

Grants Paid $0

Salaries & Benefits $276,550

Fundraising Expenses $0

Program Expenses $408,385

Other Expenses $134,664

TOTAL EXPENSES $411,214

Year-over-Year Comparison

	2024	2023	Change
Revenue	$384,505	$490,405	-0.2%
Expenses	$411,214	$496,878	-0.2%
Net Income	$-26,709	$-6,473	+3.1%

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

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Hubbard	President	3.00	Director	$0	$0	$0
Connye Davis	VP & Treasurer	1.00	Officer	$0	$0	$0
Valria Sanders	Member	1.00	Officer	$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
2025	No data	No data	No data	No data
2024	$384,505	$411,214	$52,809	$-26,709
2023	$490,405	$496,878	$89,513	$-6,473
2022	$439,863	$389,873	$104,533	$49,990

Hopewell Development and Achievement Center