TOWER OF HOPE 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

Phone

8885225958

Tax Period

2023-01-01 to 2023-12-31

TOWER OF HOPE INC is a micro nonprofit in the Human Services sector that reported $1K in total revenue in fiscal year 2023. Revenue surged 334% from the prior year, signaling strong growth momentum. Expenses of $181K exceeded revenue, resulting in a 12154% operating deficit.

Mission

Our mission is to empower people who are living with a disability, a chronic illness, or have been in an abusive relationship to live happier and more independent lives through service and assistance animals.

Program Service Accomplishments

Program 1

Expenses: $180,000

Raised money which was used to pay for the training of service animals for wounded veterans, helping them to lead happier and more independent lives.

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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 $1,000

Program Service Revenue $0

Investment Income $474

Other Revenue $0

TOTAL REVENUE $1,474

Expense Breakdown

Grants Paid $180,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $180,000

Other Expenses $620

TOTAL EXPENSES $180,620

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,474	$340	+3.3%
Expenses	$180,620	$131,758	+0.4%
Net Income	$-179,146	$-131,418	+0.4%

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
CATHY CARILLI	President	1.00	Officer	$0	$0	$0
LOUIS BROWN	Treasurer	1.00	Officer	$0	$0	$0
ROBIN KLEIN	Vice President	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
2023	$1,474	$180,620	$313,603	$-179,146
2022	$340	$131,758	$492,749	$-131,418
2021	$185,798	$168,419	$624,167	$17,379
2020	$2,786	$151,261	$606,788	$-148,475
2019	$221,631	$219,236	$755,263	$2,395
2018	$198,583	$111,118	$752,868	$87,465