HOPE COMMUNITY OUTREACH SERVICES INC (EIN 205988425) - 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

Principal Officer

ODESSA EDMOND

Phone

8563796687

Tax Period

2023-01-01 to 2023-12-31

HOPE COMMUNITY OUTREACH SERVICES INC is a small nonprofit in the Human Services sector that reported $111K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $141K exceeded revenue, resulting in a 26% operating deficit.

Mission

PROVIDE SOCIAL ECONOMIC ASSISTANCE AND OUTREACH FOR INDIVIDUALS IN NEED WITHIN THE MEANING OF SECTION 501(C)3 OF THE IRS CODE.

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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 $80,770

Program Service Revenue $30,400

Investment Income $0

Other Revenue $0

TOTAL REVENUE $111,170

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $140,520

Other Expenses $140,520

TOTAL EXPENSES $140,520

Year-over-Year Comparison

	2023	2022	Change
Revenue	$111,170	$238,807	-0.5%
Expenses	$140,520	$116,028	+0.2%
Net Income	$-29,350	$122,779	-1.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ODESSA EDMOND	PRESIDENT	N/A	Officer 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
2023	$111,170	$140,520	$349,989	$-29,350
2022	$238,807	$116,028	$379,339	$122,779
2021	$99,126	$100,268	$256,560	$-1,142
2020	$139,838	$103,646	$257,702	$36,192
2019	$70,770	$74,698	$221,510	$-3,928
2018	$58,497	$31,294	$225,438	$27,203

HOPE COMMUNITY OUTREACH SERVICES INC