LIVING HOPE ADOPTION AGENCY (EIN 232820149) - 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

1994

Legal Domicile

Principal Officer

DR SAMUEL FANG

Phone

2155408999

Tax Period

2024-01-01 to 2024-12-31

LIVING HOPE ADOPTION AGENCY, founded in 1994, is a small nonprofit that reported $491K in total revenue in fiscal year 2024. Revenue surged 210% from the prior year, signaling strong growth momentum. Expenses of $1.0M exceeded revenue, resulting in a 105% operating deficit.

Mission

LHAA CEASED ONGOING OPERATIONS ON NOVEMBER 15, 2024 AND ASSIGNED ITS CONTRACTS TO TWO ADOPTION AGENCIES. TO PROVIDE HOMES FOR CHINESE, HONDURAN, UGANDAN AND BULGARIAN CHILDREN WHO NEED A FUTURE AND TO DO IT WITH A LEVEL OF CARE AND COMPASSION THAT GOES BEYOND EXPECTATIONS.

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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 $1,080

Program Service Revenue $18,923

Investment Income $0

Other Revenue $470,782

TOTAL REVENUE $490,785

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,415

Fundraising Expenses $0

Program Expenses $168,806

Other Expenses $915,949

TOTAL EXPENSES $1,005,364

Year-over-Year Comparison

	2024	2023	Change
Revenue	$490,785	$158,470	+2.1%
Expenses	$1,005,364	$239,200	+3.2%
Net Income	$-514,579	$-80,730	+5.4%

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

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
DR CATHERINE NEIMETZ	ADVISORY BOARD	1.00	Director	$0	$0	$0
MR DAN HOFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
DR SAMUEL FANG	PRESIDENT	7.00	Officer Director	$0	$0	$0
DR MICHAEL CLINE	TREASURER	1.00	Officer Director	$0	$0	$0
DR PRISCILLA TSAO	SECRETARY	1.00	Officer Director	$0	$0	$0
MR DANIEL COLE	CHAIRMAN OF THE BOARD	2.00	Officer 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	$490,785	$1,005,364	No data	$-514,579
2023	$158,470	$239,200	$534,439	$-80,730
2022	$230,608	$225,146	$614,420	$5,462
2021	$232,876	$243,401	$614,663	$-10,525
2020	$433,004	$291,646	$625,983	$141,358
2019	$301,473	$424,320	$656,284	$-122,847
2018	$415,605	$440,426	$680,958	$-24,821

LIVING HOPE ADOPTION AGENCY