HOMES OF HOPE INC (EIN 222365738) - 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

1981

Legal Domicile

Principal Officer

KENT R PIPES

Phone

6092614571

Tax Period

2022-07-01 to 2023-06-30

HOMES OF HOPE INC, founded in 1981, is a micro nonprofit that reported $1 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring.

Mission

ASSIST INDIVIDUALS IN OBTAINING AFFORDABLE HOUSING

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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 $1

Other Revenue $0

TOTAL REVENUE $1

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1	$140,179	-1.0%
Expenses	N/A	$128,204	-1.0%
Net Income	N/A	$11,975	N/A

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

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

$109,745

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENT PIPES	PRESIDENT	5.00	Officer	$0	$0	$109,745
MICHAEL HOGAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
LASHAWN BARBER	TRUSTEE	1.00	Officer Director	$0	$0	$0
MARK JORGENSEN	TRUSTEE	1.00	Director	$0	$0	$0
JANET BOWE-WHITE	TRUSTEE	1.00	Director	$0	$0	$0
RENEE KOUBIDIAS	TRUSTEE	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	$1	No data	$106	No data
2022	$140,179	$128,204	$105	$11,975
2021	No data	$4,977	$6	No data
2020	$6	$6,899	$6	$-6,893
2019	$291	$389,785	No data	$-389,494
2018	$277,471	$354,714	$999,555	$-77,243

HOMES OF HOPE INC