GREENWICH CENTER FOR HOPE AND RENEWAL INC (EIN 205770507) - 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

SALLY POLAK

Phone

2033409816

Tax Period

2023-07-01 to 2024-06-30

GREENWICH CENTER FOR HOPE AND RENEWAL INC, founded in 2007, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.2M left a modest 6% surplus.

Mission

THE CENTER PROVIDES COUNSELING, SEMINARS AND TRAINING.

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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 $378,024

Program Service Revenue $917,090

Investment Income $21,062

Other Revenue $0

TOTAL REVENUE $1,316,176

Expense Breakdown

Grants Paid $0

Salaries & Benefits $235,877

Fundraising Expenses $605

Program Expenses $1,185,828

Other Expenses $1,004,974

TOTAL EXPENSES $1,240,851

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,316,176	$1,335,429	0.0%
Expenses	$1,240,851	$1,279,282	0.0%
Net Income	$75,325	$56,147	+0.3%

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

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

$175,040

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SALLY POLAK	PRESIDENT	2.00	Officer Director	$0	$0	$0
SARAH JONES	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BILL VOTH	SECRETARY	2.00	Officer Director	$0	$0	$0
ED SUNOO	TREASURER	2.00	Officer Director	$0	$0	$0
EILEEN GRASSO	DIRECTOR	1.00	Director	$0	$0	$0
GIL OHLS	DIRECTOR	1.00	Director	$0	$0	$0
JONI ABEL CHAMBERLAIN	DIRECTOR	1.00	Director	$0	$0	$0
NEIL HINDLE	DIRECTOR	1.00	Director	$0	$0	$0
VIC ZIMMERMANN	DIRECTOR	1.00	Director	$0	$0	$0
LISA ZONINO	DIRECTOR	1.00	Director	$0	$0	$0
ERIN KEYS	EXECUTIVE DIRECTOR	40.00	Officer	$118,400	$56,640	$175,040

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	No data	No data	No data	No data
2024	$1,316,176	$1,240,851	$839,665	$75,325
2023	$1,335,429	$1,279,282	$757,124	$56,147
2022	$1,298,311	$1,308,490	$698,591	$-10,179
2021	$1,370,720	$1,344,052	$744,759	$26,668
2020	$411,565	$292,859	$667,964	$118,706
2019	$479,294	$375,329	$549,258	$103,965
2018	$495,448	$497,666	$450,313	$-2,218

GREENWICH CENTER FOR HOPE AND RENEWAL INC