NEW 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

1985

Legal Domicile

Principal Officer

Timothy Dougherty

Phone

2017224705

Tax Period

2023-01-01 to 2023-12-31

NEW HOPE INC, founded in 1985, is a small nonprofit that reported $314K in total revenue in fiscal year 2023. Revenue surged 105% from the prior year, signaling strong growth momentum. The organization ran a surplus of $179K, a strong 57% operating margin.

Mission

Help first time single mothers to become self-sufficient through mentoring and assistance with housing, education, child care and transportation issues.

Program Service Accomplishments

Program 1

Expenses: $44,831 Revenue: $0

Joan of Arc Maternity Home - shelter for up to 4 moms and their babies that had a soft open on July1, 2023. Expenses include rent, utilities, furnishings, appliances, safety systems, insurance...

Joan of Arc Maternity Home - shelter for up to 4 moms and their babies that had a soft open on July1, 2023. Expenses include rent, utilities, furnishings, appliances, safety systems, insurance, supplies and services. Grants are for food subsidies given to the moms.

Program 2

Expenses: $7,287 Revenue: $0

Home care grants - subsidies to allow clients and their babies to live in their homes and work toward self-sufficiency. Includes subsidies for rent, utilities, furnishings & telephone. 16 clients.

Program 3

Expenses: $4,807 Revenue: $0

Childcare grants - subsidies for childcare care to allow moms to work or go to school. 7 clients.

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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 $280,912

Program Service Revenue $0

Investment Income $5,118

Other Revenue $27,607

TOTAL REVENUE $313,637

Expense Breakdown

Grants Paid $21,745

Salaries & Benefits $0

Fundraising Expenses $4,126

Program Expenses $115,259

Other Expenses $112,907

TOTAL EXPENSES $134,652

Year-over-Year Comparison

	2023	2022	Change
Revenue	$313,637	$152,941	+1.1%
Expenses	$134,652	$115,997	+0.2%
Net Income	$178,985	$36,944	+3.8%

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
Timothy Dougherty	President/Treasurer	40	Director	$0	$0	$0
Marilyn Laquidara	Executive Director	40	Director	$0	$0	$0
Louise McGlinchey	Assistant Director	10	Director	$0	$0	$0
Barbara Mezzina	Assistant Director	30	Director	$0	$0	$0
Kristy Fall	Vice President	2	Director	$0	$0	$0
Kimberly Wymbs	Secretary	2	Director	$0	$0	$0
Sunday Ruvolo	Trustee	10	Director	$0	$0	$0
Carol Lavis	Trustee	1	Director	$0	$0	$0
Kathleen Turlick	Trustee	10	Director	$0	$0	$0
Patricia McKenna	Trustee	5	Director	$0	$0	$0
Daniel Young	Trustee, Of Counsel	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$313,637	$134,652	$402,729	$178,985