Ogden, UT
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Cottages of Hope Inc, founded in 2007, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $240K, a strong 19% operating margin.
Cottages of Hope exists to inspire individuals and households to realize their potential by providing meaningful programs and services that empower them to achieve greater levels of financial stability. Activities include free tax preparation, financial literacy presentations, free internet access, IDA Savings Plans, and job coaching.
Workforce Development: (The Prosperity Center): Our resource center offers freecomputer and internet access, technical assistance, phone(fax), and information about other valuable community...
Workforce Development: (The Prosperity Center): Our resource center offers freecomputer and internet access, technical assistance, phone(fax), and information about other valuable community resources. The Center utilizes volunteers and work based learning participants from the Federal Work Study Program, Family Employment Program(FEP, Job Corps, and Easter Seals). A majority of our efforts in the center are still focused primarily on helping individuals find stable employment.Free Tax Preparation: Cottages of Hope continues to offer the Volunteer Income TaxAssistance (VITA) program where we prepared returns in 2015. Our purpose or goal inoffering this services is to help the client obtain all of the credits they qualifyfor and to encourage them to use their tax refunds to become more financially stable. Suggestions include setting up an emergency fund, paying down debt, paying for additional schooling, or making needed car and home repairs. While having their taxes done, clients are invited to complete our "Get Connected" card that helps us maintain our relationship with them throughout the year. This enables us to contact them concerning programs and services (ours and those offered by our community partners) that make sense based on their needs.Financial Literacy: In addition to teaching classes at our location, we taughtnumerous off-site financial presentations for nonprofit, religious, and studentgroups.Other Programs (Services): In addition, Cottages of Hope also provides a number ofservices that lead to greater levels of financial stability. On a case by casebasis, Cottages of Hope provides one on one financial and job coaching and educationsessions intended to help clients learn to create budgets, create plans to reduce debt, to improve credit scores, to improve resumes, and to increase the quality of their interview skills.Cottages of Hope is a SparkPoint Center where hard-working, low-income people canaccess a full range of services to help them get out of poverty and achieve long-term financial stability. The Center brings together the most effective nonprofit and government partners to help clients build assets, grow income, and manage debt. Each client works with a personal coach, who helps create a step-by-step plan toaccomplish financial goals. This long-term approach provides on-going support untilgoals are accomplished.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,284,279 | $837,448 | +0.5% |
| Expenses | $1,043,825 | $711,278 | +0.5% |
| Net Income | $240,454 | $126,170 | +0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Shannon Sebahar | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Teresa Hunsaker | Vice Chair | 2.00 |
Director
|
$0 | $0 | $0 |
| Chris Acosta | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Craig Roper | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Eric Young | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Matt Dixon | Chairman | 2.00 |
Director
|
$0 | $0 | $0 |
| Ryan Arbon | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Reed Richards | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Kimal James | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Jenny Gnagey | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| F Chris Swaner | Treasurer | 10.00 |
Director
|
$0 | $0 | $0 |
| Pam Parkinson | Secretary | 2.00 |
Director
|
$0 | $0 | $0 |
| Jeremy K Botelho | Executive Dir. | 50.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,284,279 | $1,043,825 | $557,130 | $240,454 |
| 2023 | $837,448 | $711,278 | $310,327 | $126,170 |
| 2022 | $454,411 | $358,267 | $188,805 | $96,144 |
| 2021 | $386,500 | $420,667 | $82,160 | $-34,167 |
| 2020 | $410,862 | $399,403 | $155,186 | $11,459 |
| 2019 | $312,989 | $352,046 | $103,642 | $-39,057 |
| 2018 | $434,560 | $486,135 | $148,424 | $-51,575 |
Compare Cottages of Hope Inc with other nonprofits in Utah and across the country.