Hope Center Development Corporation (EIN 203249774) - 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

Formation Year

2005

Legal Domicile

Principal Officer

HUGH NELSON

Phone

7183857305

Tax Period

2023-01-01 to 2023-12-31

Hope Center Development Corporation, founded in 2005, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

Charitable

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,061,039

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,061,039

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,093

Fundraising Expenses $0

Program Expenses $1,083,446

Other Expenses $1,038,169

TOTAL EXPENSES $1,089,262

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,061,039	$749,133	+0.4%
Expenses	$1,089,262	$731,665	+0.5%
Net Income	$-28,223	$17,468	-2.6%

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

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

$207,276

Total Directors

$207,276

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RC HUGH NELSON	Bishop Baord Chair	10.00	Officer Director	$0	$0	$123,596
DIANA NELSON	Rev Executive Direct	40.00	Officer Director	$30,600	$0	$69,880
SANDLER JACINTHE	Mr	5.000	Director	$0	$0	$0
NARON STEWART	Mr	5.000	Director	$0	$0	$0
PAULINE FORBES	Ms	5.000	Officer Director	$13,800	$0	$13,800
SHERIFF FRASER	Ms	5.000	Director	$0	$0	$0
JACQUELYN ANDERSON	Ms	5.000	Director	$0	$0	$0
CORY PROVOST	Mr	5.000	Director	$0	$0	$0
DONNESHIA HALL	Ms	5.000	Director	$0	$0	$0
ESTHER BROWN	Ms	5.000	Director	$0	$0	$0
RETHEA GIBSON	MsTreasurer	5.000	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
2024	No data	No data	No data	No data
2023	$1,061,039	$1,089,262	$214,172	$-28,223
2022	$749,133	$731,665	$242,346	$17,468
2021	$635,686	$583,713	$224,879	$51,973
2020	$311,427	$242,094	$174,716	$69,333
2019	$252,230	$250,697	$100,434	$1,533
2018	$300,720	$271,129	$98,796	$29,591

Hope Center Development Corporation