PEOPLE OF HOPE A NEW JERSEY NON-PR… - 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

1986

Legal Domicile

Principal Officer

JOHN QUENSE

Phone

9082229722

Tax Period

2023-01-01 to 2023-12-31

PEOPLE OF HOPE A NEW JERSEY NON-PROFIT CORPORATION, founded in 1986, is a small nonprofit that reported $420K in total revenue in fiscal year 2023.

Mission

THE MISSION OF THE PEOPLE OF HOPE IS TO ASSIST INDIVIDUALS AND FAMILIES TO DEDICATE THEIR LIVES TO GOD UNDER THE LORDSHIP OF JESUS CHRIST IN THE POWER OF THE HOLY SPIRIT. AS A COMMUNITY OF DISCIPLES ON MISSION, WE SEEK TO USE OUR CHARISMS OF PRAYER, FAMILY LIFE AND EVANGELIZATION TO FOSTER RENEWAL OF THE CATHOLIC CHURCH AND TO ASSIST THE SPREADING OF THE GOSPEL MESSAGE OF JESUS CHRIST LOCALLY AND THROUGHOUT THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $191,135

PASTORAL CARE-RETREATS, PASTORAL TEACHINGS.

Program 2

Expenses: $62,480

OUTREACH-MISSIONARY ACTIVITIES DIRECTED TOWARD MARRIAGE AND FAMILY LIFE AND TO SUPPORT THE ESTABLISHMENT OF SIMILAR COMMUNITIES.

Program 3

Expenses: $83,591 Revenue: $40,131

COMMUNITY ACTIVITIES-RETREATS AND TEACHINGS FOR THE COMMUNITY, INCLUDING SUNDAY MEETINGS.

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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 $371,501

Program Service Revenue $40,131

Investment Income $8,134

Other Revenue $0

TOTAL REVENUE $419,766

Expense Breakdown

Grants Paid $52,178

Salaries & Benefits $293,896

Fundraising Expenses $0

Program Expenses $351,968

Other Expenses $91,849

TOTAL EXPENSES $437,923

Year-over-Year Comparison

	2023	2022	Change
Revenue	$419,766	$389,524	+0.1%
Expenses	$437,923	$419,095	+0.0%
Net Income	$-18,157	$-29,571	-0.4%

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

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

$113,139

Total Directors

$228,788

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTIN BUGANSKI	PRESIDENT	40.00	Officer Director	$89,672	$23,467	$113,139
JOHN QUENSE	TREASURER	2.00	Officer Director	$0	$0	$0
FRED BUNSA	SECRETARY	2.00	Officer Director	$0	$0	$0
GREGORY FLOYD	MEMBER	2.00	Director	$0	$0	$0
BRIAN MURRAY	MEMBER	2.00	Officer Director	$0	$0	$0
PAUL QUENSE	VICE PRESIDENT	2.00	Director	$0	$0	$0
JONATHAN TOUHILL	MEMBER	2.00	Director	$0	$0	$0
TIMOTHY MARGIOTTA	MEMBER	40.00	Director	$84,778	$20,871	$115,649
EDWARD MOCCIA	MEMBER	2.00	Director	$0	$0	$0
PAUL SCARFONE	MEMBER	2.00	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	$419,766	$437,923	$281,192	$-18,157
2022	$389,524	$419,095	$307,797	$-29,571
2021	$386,574	$401,762	$336,231	$-15,188
2020	$338,161	$366,558	$348,675	$-28,397
2019	$385,012	$365,819	$371,693	$19,193
2018	$345,144	$331,060	$359,079	$14,084

PEOPLE OF HOPE A NEW JERSEY NON-PROFIT CORPORATION