HOPEWORX INC (EIN 232811078) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

SUSAN SHANNON

Phone

6102703685

Tax Period

2024-07-01 to 2025-06-30

HOPEWORX INC, founded in 1994, is a community nonprofit in the Health Care sector that reported $2.3M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

HOPEWORX CRAFTS AN INTENTIONAL SPACE WHERE PEER VALUES AND PEER SUPPORT ARE THE ESSENTIAL FIBER OF OUR COMMUNITY. WE WALK ALONGSIDE YOU, SHARING OUR OWN STORIES OF HOPE, TO HELP YOU FEEL SAFE, SEEN, AND HEARD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,220,553

Program Service Revenue $31,850

Investment Income $803

Other Revenue $14,486

TOTAL REVENUE $2,267,692

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,649,444

Fundraising Expenses $19,527

Program Expenses $1,961,121

Other Expenses $646,552

TOTAL EXPENSES $2,295,996

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,267,692	$2,568,944	-0.1%
Expenses	$2,295,996	$1,854,633	+0.2%
Net Income	$-28,304	$714,311	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$90,529

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUE SORIANO	PRESIDENT	1.00	Officer Director	$0	$0	$0
TIM TUNNER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SHAUNA KANE	SECRETARY	1.00	Officer Director	$0	$0	$0
KATHY LAWS	TREASURER	3.00	Officer Director	$0	$0	$0
BRENDA BOORSE	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW DEERY	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN FERRARO	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL RUSH	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN SHANNON	EXECUTIVE DIRECTOR	37.50	Officer	$74,199	$16,330	$90,529

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	$2,267,692	$2,295,996	$1,564,994	$-28,304
2024	No data	No data	No data	No data
2023	$1,793,644	$1,744,455	$698,346	$49,189
2022	$1,698,735	$1,659,553	$401,153	$39,182
2021	$929,865	$917,756	$222,584	$12,109
2020	$972,056	$947,770	$167,521	$24,286
2019	$852,786	$860,124	$196,108	$-7,338
2018	$825,309	$784,565	$198,797	$40,744

HOPEWORX INC