HOPE NICARAGUA INC

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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

2005

Legal Domicile

Principal Officer

TAE W LIM

Phone

7037257150

Tax Period

2019-01-01 to 2019-12-31

HOPE NICARAGUA INC, founded in 2005, is a micro nonprofit that reported $7K in total revenue in fiscal year 2019. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $257K exceeded revenue, resulting in a 3375% operating deficit.

Mission

TO FURTHER CHRISTIAN EVANGELISM THROUGH PROVIDING CHRISTIAN EDUCATION FOR CHILDREN AND HELPING THE POOR IN NICARAGUA.

Program Service Accomplishments

Program 1

Expenses: $243,785

TRANSFERRED THE FUNDS TO KOREAN PRESBYTERIAN CHURCH OF WESTCHESTER AND TERMINATED HOPE NICARAGUA INC AS OF DECEMBER 31, 2019. AS MISSIONARY JUN MOVED BACK TO UNITED STATES TO TAKE THE SENIOR PASTOR POSITION AT THE KOREAN PRESBYTERIAN CHURCH OF WESTCHESTER (KPCOW) IN NEW ROCHELLE, NY IN DECEMBER 2018, THE HOPE NICARAGUA BOARD DECIDED TO TRANSFER THE ENTIRE REMAINING MISSION FUND TO KPCOW. THE TRANSFER OF FUNDS WAS COMPLETED IN 2019.

Program 2

Expenses: $12,000

SUPPORTED THE COLLEGE EDUCATION OF MISSIONARY JUN'S CHILD (JAN.- DEC. 2019, $1,000/MONTH)

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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 (2019)

Revenue Breakdown

Contributions & Grants $7,290

Program Service Revenue $0

Investment Income $104

Other Revenue $0

TOTAL REVENUE $7,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $255,785

Other Expenses $256,938

TOTAL EXPENSES $256,938

Year-over-Year Comparison

	2019	2018	Change
Revenue	$7,394	$141,544	-0.9%
Expenses	$256,938	$123,591	+1.1%
Net Income	$-249,544	$17,953	-14.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAE W LIM	PRESIDENT	5.00	Officer	$0	$0	$0
GIL KIM	TREASURER	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
2019	$7,394	$256,938	No data	$-249,544
2018	$141,544	$123,591	$249,544	$17,953