LIFE OF HOPE (EIN 205252137) - 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

Principal Officer

POREZ LUXAMA

Phone

9172163137

Tax Period

2024-07-01 to 2025-06-30

LIFE OF HOPE, founded in 2006, is a community nonprofit in the Human Services sector that reported $4.7M in total revenue in fiscal year 2024. Revenue surged 349% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.8M, a strong 81% operating margin.

Mission

LIFE OF HOPE CENTER IS A MULTIFACETED COMMUNITY-BASED ORGANIZATION WHICH FOSTERS GREATER OPPORTUNITIES FOR YOUTHS, ADULTS AND FAMILIES IN CENTRAL BROOKLYN, WITH A FOCUS ON IMMIGRANTS.

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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 $4,663,152

Program Service Revenue $0

Investment Income $43

Other Revenue $0

TOTAL REVENUE $4,663,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $349,936

Fundraising Expenses $49,762

Program Expenses $556,468

Other Expenses $516,090

TOTAL EXPENSES $866,026

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,663,195	$1,039,311	+3.5%
Expenses	$866,026	$702,290	+0.2%
Net Income	$3,797,169	$337,021	+10.3%

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

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

$81,731

Total Directors

$99,751

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
POREZ LUXAMA	EXECUTIVE DI	40.00	Officer Director	$81,731	$0	$81,731
CAROLANN JOHNS	DEPUTY DIREC	40.00	Director	$18,020	$0	$18,020
HOGLA FORESTE	SECRETARY	N/A	Director	$0	$0	$0
LISA FRANTZEN	CORRESPONDEN	N/A	Director	$0	$0	$0
MAX SAURAY	TREASURER	N/A	Director	$0	$0	$0
STEVEN POLIVY	LEGAL ADVISO	N/A	Director	$0	$0	$0
FR JUAN LUXAMA	CHAIRMAN	N/A	Director	$0	$0	$0
DR FANELL ALERTE	VICE CHAIRMA	N/A	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
2025	$4,663,195	$866,026	$4,268,798	$3,797,169
2024	$1,039,311	$702,290	$4,167,503	$337,021
2023	$527,060	$581,109	$124,191	$-54,049
2022	$530,232	$378,888	$176,757	$151,344

LIFE OF HOPE