BRIDGE OF HOPE COMMUNITY DEVELOPMENT CORPORATION (EIN 208175465) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

REV DARRON D MCKINNEY

Phone

2152326004

Tax Period

2023-01-01 to 2023-12-31

BRIDGE OF HOPE COMMUNITY DEVELOPMENT CORPORATION, founded in 2006, is a micro nonprofit in the Religion sector that reported $72K in total revenue in fiscal year 2023. Revenue fell 73% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $67K, a strong 94% operating margin.

Mission

THE MISSION OF THE BRIDGE OF HOPE CDC IS TO STRENGTHEN AND EMPOWER THE COMMUNITY BY: (1) IMPROVING EDUCATIONAL AND DEVELOPMENTAL OPPORTUNITIES FOR CHILDREN AND YOUTH; (2) FOSTERING ECONOMIC REVITALIZATION; (3) INCREASING THE AVAILABILITY FOR QUALITY HOUSING; AND (4) ADVOCATING FOR THE RIGHTS AND PRIVILEGES OF NORTH PHILADELPHIA RESIDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $71,828

Other Revenue $0

TOTAL REVENUE $71,828

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,386

TOTAL EXPENSES $4,386

Year-over-Year Comparison

	2023	2022	Change
Revenue	$71,828	$269,080	-0.7%
Expenses	$4,386	$53,008	-0.9%
Net Income	$67,442	$216,072	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
DENISE RAY-SHIELDS	TREASURER	1.00	Officer Director	$0	$0	$0
ROSE THURMOND	SECRETARY	1.00	Officer Director	$0	$0	$0
TIMOTHY PARKER	BOARD MEMBER	1.00	Director	$0	$0	$0
DELLA CLARK	ASSISTANT TR	1.00	Officer Director	$0	$0	$0
WILLIE DESHIELDS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JOHN MEEKINS	BOARD MEMBER	1.00	Director	$0	$0	$0
REV DARRON D MCKINNEY	PRESIDENT &	1.00	Officer Director	$0	$0	$0
WILLIAM RAYMOND	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROLYN HARPER	BOARD MEMBER	1.00	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
2024	No data	No data	No data	No data
2023	$71,828	$4,386	$1,756,462	$67,442
2022	$269,080	$53,008	$1,788,018	$216,072
2021	$65,085	$53,523	$1,844,953	$11,562
2020	$72,802	$38,757	$1,539,025	$34,045
2019	$58,583	$13,349	$1,554,470	$45,234
2018	$54,020	$310,223	$1,434,109	$-256,203

BRIDGE OF HOPE COMMUNITY DEVELOPMENT CORPORATION