OPPORTUNITIES FOR HOPE INC

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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

1983

Legal Domicile

Principal Officer

DOUGLAS BUSHMAN ESQ

Phone

9783452256

Tax Period

2024-07-01 to 2025-06-30

OPPORTUNITIES FOR HOPE INC, founded in 1983, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 114% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE SHELTER AND RELATED SERVICES TO HOMELESS PERSONS INCLUDING MEN, WOMEN, AND CHILDREN.

Program Service Accomplishments

Program 1

Expenses: $1,008,308

EA FAMILY SHELTERS: OPPORTUNITIES FOR HOPE OPERATES TWO EA FAMILY SHELTERS LOCATED IN WORCESTER COUNTY. OUR EA SHELTERS HAVE THREE MEALS DELIVERED TO OUR FAMILIES EVERY DAY FROM THE SPANISH AMERICAN...

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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 $1,339,669

Program Service Revenue $0

Investment Income $10

Other Revenue $21,000

TOTAL REVENUE $1,360,679

Expense Breakdown

Grants Paid $0

Salaries & Benefits $409,980

Fundraising Expenses $1,164

Program Expenses $1,008,308

Other Expenses $942,805

TOTAL EXPENSES $1,352,785

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,360,679	$635,160	+1.1%
Expenses	$1,352,785	$791,424	+0.7%
Net Income	$7,894	$-156,264	-1.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA BYRNE	CHAIR	5.00	Officer Director	$0	$0	$0
ADAM GOODWIN	VICE CHAIR	5.00	Officer Director	$0	$0	$0
THOMAS HUGHES	MEMBER	1.00	Director	$0	$0	$0
DAVID BASILIO	TREASURER	5.00	Officer Director	$0	$0	$0
RENEE SCAPPARONE	ASSOCIATE MEMBER	1.00	Director	$0	$0	$0
JOE SOVA	MEMBER	1.00	Director	$0	$0	$0
TIM MURPHY	ASSOCIATE MEMBER	1.00	Director	$0	$0	$0
SAM ALBERT	ASSOCIATE 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
2025	$1,360,679	$1,352,785	$1,054,026	$7,894
2024	No data	No data	No data	No data
2023	$2,042,539	$2,313,976	$1,244,470	$-271,437
2022	$2,101,780	$2,144,896	$1,440,900	$-43,116
2021	$2,395,747	$2,236,079	$1,527,060	$159,668
2020	$2,114,235	$2,173,772	$1,547,891	$-59,537
2019	$1,956,336	$1,889,776	$1,418,201	$66,560