Hands of Hope Foundation (EIN 204776744) - 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

2007

Legal Domicile

Principal Officer

Troy D Benitone

Phone

6189972940

Tax Period

2024-01-01 to 2024-12-31

Hands of Hope Foundation, founded in 2007, is a small nonprofit in the Human Services sector that reported $218K in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $186K left a modest 15% surplus.

Mission

Faith based assistance to those in need.

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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 $216,485

Program Service Revenue $0

Investment Income $-2,268

Other Revenue $4,100

TOTAL REVENUE $218,317

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $176,026

Other Expenses $186,203

TOTAL EXPENSES $186,203

Year-over-Year Comparison

	2024	2023	Change
Revenue	$218,317	$148,338	+0.5%
Expenses	$186,203	$132,112	+0.4%
Net Income	$32,114	$16,226	+1.0%

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

N/A

Employees

N/A

Volunteers

100

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
Troy D Benitone	Executive Dir.	10.00	Director	$0	$0	$0
Tracy Lake	Treasurer	0.00	Director	$0	$0	$0
Caleb Benitone	Director	0.00	Director	$0	$0	$0
Josh Benitone	Director	0.00	Director	$0	$0	$0
Elizabeth Benitone	Director	0.00	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
2024	$218,317	$186,203	$66,996	$32,114
2019	$185,488	$211,362	$43,230	$-25,874
2018	$177,976	$172,279	$69,104	$5,697

Hands of Hope Foundation