ARMOR OF HOPE MINISTRIES INC

EIN: 202039981 501(c)(3) Human Services

TALLMADGE, OH

Total Revenue
$90,461
Total Expenses
$83,542
Total Assets
$108,938
Net Assets
$108,938
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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
2020
Legal Domicile
OH
Phone
6143120145
Tax Period
2020-01-01 to 2020-12-31

ARMOR OF HOPE MINISTRIES INC, founded in 2020, is a micro nonprofit in the Human Services sector that reported $90K in total revenue in fiscal year 2020. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $84K left a modest 8% surplus.

Mission

To equip and support programs to under developed foreign communities for development through Christ centered training in appropriate technologies community health programs medical care education micro-enterprise and evangelism.

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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 $90,341
Program Service Revenue $0
Investment Income $120
Other Revenue $0
TOTAL REVENUE $90,461

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,575
Fundraising Expenses $0
Program Expenses $68,138
Other Expenses $77,967
TOTAL EXPENSES $83,542

Year-over-Year Comparison

2020 2019 Change
Revenue $90,461 $81,592 +0.1%
Expenses $83,542 $76,284 +0.1%
Net Income $6,919 $5,308 +0.3%
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
N/A
Employees
1
Volunteers
5

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
$5,575
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laura Richardson Ross Executive Director 40.00
Director Highest
$5,575 $0 $5,575
Steven Ross Board Member 10.00
Director
$0 $0 $0
Matthew Gray Treasurer 2.00
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
2020 $90,461 $83,542 $108,938 $6,919
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