HOPES COMMUNITY ACTION PARTNERSHIP (EIN 221801849) - 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

1964

Legal Domicile

Principal Officer

SIMONA OVANEZIAN

Phone

8556546737

Tax Period

2024-04-01 to 2025-03-31

HOPES COMMUNITY ACTION PARTNERSHIP, founded in 1964, is a mid-sized nonprofit that reported $30.3M in total revenue in fiscal year 2024.

Mission

THE ORGANIZATIONS MISSION IS TO PROVIDE COMMUNITY SERVICES THAT RESPOND TO THE SOCIAL, EDUCATIONAL AND TRAINING NEEDS OF INDIVIDUALS IN AN EFFORT TO OVERCOME BARRIERS AND FIGHT THE CAUSES OF POVERTY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $26,276,798

Program Service Revenue $1,175,104

Investment Income $151,698

Other Revenue $2,730,827

TOTAL REVENUE $30,334,427

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,289,094

Fundraising Expenses $292,913

Program Expenses $25,705,231

Other Expenses $8,794,020

TOTAL EXPENSES $30,083,114

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,334,427	$28,345,266	+0.1%
Expenses	$30,083,114	$27,803,243	+0.1%
Net Income	$251,313	$542,023	-0.5%

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

366

Volunteers

833

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

$454,271

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK RAIA	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
DR SARA KALAMBUR DDS	BOARD VICE CHAIR	3.00	Officer Director	$0	$0	$0
SUZANNE HETMAN	BOARD SECRETARY	3.00	Officer Director	$0	$0	$0
KENNETH O'NEILL	BOARD TREASURER	4.00	Officer Director	$0	$0	$0
FLORENCE AMATO	BOARD MEMBER	1.00	Director	$0	$0	$0
CAREY BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN COSTOMARIS	BOARD MEMBER	1.00	Director	$0	$0	$0
ELIZABETH ANN FALCO	BOARD MEMBER	1.00	Director	$0	$0	$0
HOVIE FORMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTIANE HOFFMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
SHARON RAMPHIR	BOARD MEMBER	1.00	Director	$0	$0	$0
IRENE ADU-TEI GARCIA	HEAD START, POLICY COUNCIL LIASON	1.00	Director	$0	$0	$0
SIMONA OVANEZIAN	PRESIDENT, CEO	35.00	Key Emp Highest	$234,597	$13,302	$247,899
SUSAN CHABERSKI	CONSULTING CHIEF FINANCIAL OFFICER	35.00	Key Emp Highest	$187,925	$18,447	$206,372
JOSELYN ESTEVEZ-VARGAS	VICE PRESIDENT, EARLY CHILDHOOD	35.00	Highest	$198,577	$14,657	$213,234
JESSICA PALENCIA	VICE PRESIDENT, HUMAN RESOURCES/DEVELOPMENT	35.00	Highest	$192,116	$2,555	$194,671
CHRISTOPHER GARCIA	DIRECTOR OF FACILITIES	35.00	Highest	$144,545	$15,747	$160,292

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	$30,334,427	$30,083,114	$28,813,912	$251,313
2024	$28,345,266	$27,796,416	$26,579,460	$548,850
2023	$28,378,106	$28,120,115	$23,316,590	$257,991
2022	$24,208,629	$22,765,506	$25,058,059	$1,443,123
2021	$20,031,906	$19,094,845	$23,308,281	$937,061
2020	$19,523,815	$19,026,567	$22,221,472	$497,248
2019	$18,960,411	$19,012,554	$17,893,004	$-52,143

HOPES COMMUNITY ACTION PARTNERSHIP