FRIENDS OF OUR LADY OF HOPE PARISH… - Form 990 Financial Data

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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

Legal Domicile

Principal Officer

MICHAEL RYAN

Phone

4013835370

Tax Period

2022-01-01 to 2022-12-31

FRIENDS OF OUR LADY OF HOPE PARISH IN MOSCOW ASSOCIATION, founded in 2006, is a micro nonprofit that reported $5K in total revenue in fiscal year 2022. Revenue surged 86% from the prior year, signaling strong growth momentum. Expenses of $54K exceeded revenue, resulting in a 1086% operating deficit.

Mission

"FRIENDS OF OUR LADY OF HOPE PARISH IN MOSCOW ASSOCIATION", (THE "ASSOCIATION") WAS INCORPORATED IN DELAWARE IN DECEMBER 2006. OUR LADY OF HOPE PARISH IN MOSCOW, A PARISH OF THE ROMAN-CATHOLIC CHURCH (THE "PARISH"). THE PARISH IS HEAVILY INVOLVED IN BUILDING UP TIES OF UNDERSTANDING BETWEEN RUSSIANS AND THE DIFFERENT GROUPS AND TRADITIONS THAT CONTRIBUTE TO THE IDENTITY OF THE PARISH, WHICH REMAIN SOUNDLY BASED ON THE EXPERIENCE AND FAITH OF THOSE MEMBERS WHOSE LINKS ARE TO THE CATHOLIC CHURCH IN THE U.S. THE ASSOCIATION INTENDS TO DEVELOP ITS FUND-RAISING ACTIVITIES IN ORDER TO ADVANCE THE RELIGIOUS AND CHARITABLE PURPOSES OF THE PARISH, AS DESCRIBED IN THE ASSOCIATION'S FOUNDATION CHARTER SECTION III AND IN ACCORDANCE WITH THE PROVISIONS OF THE PARISH'S FOUNDATION CHARTER UNDER RUSSIAN LAW.

Program Service Accomplishments

Program 1

Expenses: $52,800

GRANT TO HOPE HOUSE TO CONSTRUCT A PLACE OF WORSHIP FOR OUR LADY OF HOPE

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $4,540

Other Revenue $0

TOTAL REVENUE $4,540

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,800

Other Expenses $3,825

TOTAL EXPENSES $53,825

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,540	$2,441	+0.9%
Expenses	$53,825	$57,298	-0.1%
Net Income	$-49,285	$-54,857	-0.1%

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

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
MICHAEL RYAN	DIRECTOR	5.00	Director	$0	$0	$0
ELDON HOSFORD	DIRECTOR	2.00	Director	$0	$0	$0
GERALD ROHAN	DIRECTOR	2.00	Director	$0	$0	$0
DONN KINGSLEY	DIRECTOR	1.30	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
2022	$4,540	$53,825	$508,696	$-49,285
2021	$2,441	$57,298	$557,980	$-54,857
2020	$11,538	$80,091	$612,838	$-68,553
2019	$45,776	$1,419,085	$682,080	$-1,373,309
2018	$38,067	$1,093	$2,054,784	$36,974

FRIENDS OF OUR LADY OF HOPE PARISH IN MOSCOW ASSOCIATION