TOMORROW'S HOPE FOUNDATION INC (EIN 203514578) - 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

LEWIS RANIERI

Phone

5166785800

Tax Period

2022-01-01 to 2022-12-31

TOMORROW'S HOPE FOUNDATION INC, founded in 2005, is a micro nonprofit that reported $90K in total revenue in fiscal year 2022. Expenses of $131K exceeded revenue, resulting in a 46% operating deficit.

Mission

TO ENSURE THE EXCELLENCE AS WELL AS THE CONTINUANCE OF CATHOLIC SCHOOLS ON LONG ISLAND BY INCREASING AWARENESS AND BY PROVIDING SCHOLARSHIPS AND PROGRAM FUNDING FOR THE NEEDS OF STUDENTS AND SCHOOLS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $60,343

Other Revenue $29,396

TOTAL REVENUE $89,739

Expense Breakdown

Grants Paid $111,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $111,000

Other Expenses $19,744

TOTAL EXPENSES $130,744

Year-over-Year Comparison

	2022	2021	Change
Revenue	$89,739	$91,057	0.0%
Expenses	$130,744	$85,864	+0.5%
Net Income	$-41,005	$5,193	-8.9%

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

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
LEWIS S RANIERI	CHAIRMAN	1.00	Officer Director	$0	$0	$0
FRANK D LIANTONIO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CHRISTOPHER TULLY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
RICHARD CONNIFF	VICE CHAIR/TREASURER	1.00	Officer 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
2022	$89,739	$130,744	$677,726	$-41,005
2021	$91,057	$85,864	$891,227	$5,193
2020	$1,338,993	$2,601,217	$1,388,028	$-1,262,224
2019	$2,876,040	$2,312,599	$2,937,371	$563,441
2018	$2,411,966	$2,195,935	$2,236,491	$216,031

TOMORROW'S HOPE FOUNDATION INC