HOPE FOR THE FUTURE CHARITY

EIN: 208106779 501(c)(3) Philanthropy & Grantmaking

HOUSTON, TX

Total Revenue
$38,642
Total Expenses
$45,906
Total Assets
$29,117
Net Assets
$29,117
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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
TX
Principal Officer
SUSAN MEACHAM
Phone
7135529499
Tax Period
2022-01-01 to 2022-12-31

HOPE FOR THE FUTURE CHARITY, founded in 2007, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $39K in total revenue in fiscal year 2022. Revenue surged 887% from the prior year, signaling strong growth momentum. Expenses of $46K exceeded revenue, resulting in a 19% operating deficit.

Mission

HELP UNDERPRIVILEGED PEOPLE

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $38,874
Program Service Revenue $0
Investment Income $0
Other Revenue $-232
TOTAL REVENUE $38,642

Expense Breakdown

Grants Paid $30,546
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,906
Other Expenses $60
TOTAL EXPENSES $45,906

Year-over-Year Comparison

2022 2021 Change
Revenue $38,642 $3,916 +8.9%
Expenses $45,906 $34,527 +0.3%
Net Income $-7,264 $-30,611 -0.8%
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

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Governance

Voting Members
3
Independent Members
3
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTYN MEACHAM DIRECTOR N/A
Director
$0 $0 $0
RANDY MEACHAM DIRECTOR N/A
Director
$0 $0 $0
RANDY MEACHAM DIRECTOR N/A
Director
$0 $0 $0
SUSAN MEACHAM DIRECTOR N/A
Director
$0 $0 $0
SUSAN MEACHAM DIRECTOR N/A
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
2022 $38,642 $45,906 $29,117 $-7,264
2021 $3,916 $34,527 $36,381 $-30,611
2020 $127,595 $60,603 No data $66,992
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