NEW HOPE COMMUNITY INC (EIN 222871755) - 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

1975

Legal Domicile

Principal Officer

KAREN RUSSELL

Phone

8454348300

Tax Period

2024-01-01 to 2024-12-31

NEW HOPE COMMUNITY INC, founded in 1975, is a mid-sized nonprofit in the Human Services sector that reported $71.7M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $66.1M left a modest 8% surplus.

Mission

TO ENHANCE THE LIVES OF PEOPLE WITH INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES.

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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 $618,286

Program Service Revenue $68,488,446

Investment Income $1,999,309

Other Revenue $602,257

TOTAL REVENUE $71,708,298

Expense Breakdown

Grants Paid $0

Salaries & Benefits $52,210,464

Fundraising Expenses $0

Program Expenses $61,139,848

Other Expenses $13,925,659

TOTAL EXPENSES $66,136,123

Year-over-Year Comparison

	2024	2023	Change
Revenue	$71,708,298	$62,537,710	+0.1%
Expenses	$66,136,123	$60,754,749	+0.1%
Net Income	$5,572,175	$1,782,961	+2.1%

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

1905

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

$1,067,060

Total Directors

Key Employees

$158,519

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PIERRE BURNETT	DIRECTOR	0.30	Director	$0	$0	$0
AMANDA LANGSEDER	DIRECTOR	0.30	Director	$0	$0	$0
AMY SPADAFINO	DIRECTOR	0.30	Director	$0	$0	$0
BRUCE ELLSWEIG	DIRECTOR	0.30	Director	$0	$0	$0
GARY SILVER	VICE CHAIR	0.30	Officer Director	$0	$0	$0
JEAN-PAUL VALLET	DIRECTOR	0.30	Director	$0	$0	$0
JERRY DUNLAVEY	DIRECTOR	0.30	Director	$0	$0	$0
LINDA LASHEEN	DIRECTOR	0.30	Director	$0	$0	$0
ROBERT DUFOUR	SECRETARY	0.30	Officer Director	$0	$0	$0
ROBERT GOSS	DIRECTOR	0.30	Director	$0	$0	$0
STEPHEN SKILLMAN	TREASURER	0.30	Officer Director	$0	$0	$0
STUART REICH	DIRECTOR	0.30	Director	$0	$0	$0
TERENCE GRAFMULLER	CHAIR	0.30	Officer Director	$0	$0	$0
WALTER MADDEN	DIRECTOR (UNTIL 01/2024)	0.30	Director	$0	$0	$0
JONATHAN SCHILLER	DIRECTOR (UNTIL 03/2024)	0.30	Director	$0	$0	$0
DEBRA MCGINNESS	CHIEF EXECUTIVE OFFICER	40.00	Officer	$399,029	$60,108	$459,137
KAREN RUSSELL	COO	40.00	Officer	$256,088	$55,118	$311,206
TARIQ IQBAL	CFAO	40.00	Officer	$243,839	$52,878	$296,717
MICHELLE MELLINO	SENIOR DIRECTOR	35.00	Key Emp	$152,943	$5,576	$158,519
LAUREN IGLESIAS	DIRECTOR OF WAIVER SERVICES	35.00	Highest	$125,705	$43,485	$169,190
NADIA SMITH	FINANCIAL OPERATIONS MANAGER	40.00	Highest	$129,456	$23,027	$152,483
PIERRE BURNETT	SENIOR DIRECTOR OF IT & SECURITY	40.00	Highest	$173,183	$49,985	$223,168
TERENCE DUNCAN	ASSISTANT VP OF PROGRAM OPERATIONS	40.00	Highest	$136,141	$51,627	$187,768
THERESA DELVECCHIO	DIRECTOR OF STAFF DEVELOPMENT	35.00	Highest	$132,280	$4,721	$137,001

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	$71,708,298	$66,136,123	$71,299,313	$5,572,175
2023	$62,537,710	$60,754,749	$61,795,260	$1,782,961
2022	$64,277,874	$61,013,071	$59,062,860	$3,264,803
2021	$50,703,594	$46,897,941	$56,719,806	$3,805,653
2020	$50,273,349	$46,243,107	$55,614,700	$4,030,242
2019	$42,185,904	$41,028,332	$50,489,968	$1,157,572
2018	$41,468,423	$39,355,921	$42,940,301	$2,112,502

NEW HOPE COMMUNITY INC