HOPE EMPOWERMENT & DEVELOPMENT ZONE (EIN 204598911) - 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

2006

Legal Domicile

Phone

7182575494

Tax Period

2024-01-01 to 2024-12-31

HOPE EMPOWERMENT & DEVELOPMENT ZONE, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $107K in total revenue in fiscal year 2024. Revenue surged 106% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19K, a strong 18% operating margin.

Mission

HOPE EMPOWERMENT AND DEVELOPMENT ZONE INC EXISTS TO PROVIDE THE PEOPLE IN THE COMMUNITY IT SERVES WITH THE TOOLS TO CLOSE THE WEALTH GAP, INCREASE SELF-RELIANCE AND PREPARE THE NEXT GENERATION.

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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 $107,392

Program Service Revenue $0

Investment Income $4

Other Revenue $0

TOTAL REVENUE $107,396

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,773

Fundraising Expenses $0

Program Expenses $77,539

Other Expenses $56,766

TOTAL EXPENSES $88,539

Year-over-Year Comparison

	2024	2023	Change
Revenue	$107,396	$52,127	+1.1%
Expenses	$88,539	$69,827	+0.3%
Net Income	$18,857	$-17,700	-2.1%

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

Employees

Volunteers

488

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
YAN FELIX	MEMBER	2.00	Director	$0	$0	$0
TYRONE STEVENSON	CHAIRMAN	2.00	Officer Director	$0	$0	$0
BRANDON GIBSON	TREASURER	2.00	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
2024	$107,396	$88,539	$25,529	$18,857
2023	$52,127	$69,827	$13,972	$-17,700
2022	$106,190	$128,261	$30,172	$-22,071
2021	$207,056	$189,727	$32,643	$17,329

HOPE EMPOWERMENT & DEVELOPMENT ZONE