LOGAN HOPE (EIN 233052984) - 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

2000

Legal Domicile

Principal Officer

JIM SOVOCOOL

Phone

2154557442

Tax Period

2024-07-01 to 2025-06-30

LOGAN HOPE, founded in 2000, is a community nonprofit in the Education sector that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 39% operating margin.

Mission

LOGAN HOPE PROVIDES AN ELEMENTARY AND MIDDLE SCHOOL, AFTER-SCHOOL PROGRAM, AND SUMMER PROGRAMS TO UNDER-SERVED CHILDREN IN THE LOGAN NEIGHBORHOOD OF PHILADELPHIA.

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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 $2,580,429

Program Service Revenue $1,088,366

Investment Income $36,389

Other Revenue $5,265

TOTAL REVENUE $3,710,449

Expense Breakdown

Grants Paid $996,027

Salaries & Benefits $977,573

Fundraising Expenses $116,931

Program Expenses $1,986,961

Other Expenses $281,513

TOTAL EXPENSES $2,255,113

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,710,449	$1,885,492	+1.0%
Expenses	$2,255,113	$1,996,593	+0.1%
Net Income	$1,455,336	$-111,101	-14.1%

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

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

$77,205

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH HEDRICK	CHAIR	5.00	Officer Director	$0	$0	$0
PAUL BRADSHAW	VICE CHAIR	2.00	Officer Director	$0	$0	$0
PAUL DEVITO	TREASURER	2.00	Officer Director	$0	$0	$0
DENISE SIMONE	SECRETARY	2.00	Officer Director	$0	$0	$0
ISABELLA CARRAZANA	DIRECTOR	2.00	Director	$0	$0	$0
KENDY LIEU	DIRECTOR (UNTIL 1/29/2025)	2.00	Director	$0	$0	$0
SHIN LIN	DIRECTOR	2.00	Director	$0	$0	$0
GREG SCHALLER	DIRECTOR	2.00	Director	$0	$0	$0
COURTNEY SNEED	DIRECTOR	2.00	Director	$0	$0	$0
JIM SOVOCOOL	HEAD OF SCHOOL	40.00	Officer	$68,805	$8,400	$77,205

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	$3,710,449	$2,255,113	$2,826,042	$1,455,336
2024	No data	No data	No data	No data
2023	$2,453,895	$2,028,398	$1,478,120	$425,497
2022	$1,673,480	$1,638,849	$1,043,041	$34,631
2021	$1,626,525	$1,520,533	$1,127,135	$105,992
2020	$1,934,648	$1,546,234	$984,432	$388,414
2019	$1,570,515	$1,535,658	$598,769	$34,857
2018	$1,558,533	$1,548,952	$544,427	$9,581

LOGAN HOPE