GIVING HOPE NETWORK A NJ NON PROFIT CORPORATION

EIN: 261451475 501(c)(3) Philanthropy & Grantmaking

LEWES, DE

Total Revenue
$50,376
Total Expenses
$72,762
Total Assets
$84,320
Net Assets
$81,908
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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
2009
Legal Domicile
NJ
Principal Officer
THOMAS ROSELLA
Tax Period
2024-01-01 to 2024-12-31

GIVING HOPE NETWORK A NJ NON PROFIT CORPORATION, founded in 2009, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $50K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $73K exceeded revenue, resulting in a 44% operating deficit.

Mission

THE ORGANIZATIONS MISSION IS TO DEVELOP SHARED SOLUTIONS FOR LARGE, COMPLEX SOCIETAL CHALLENGES. WE INSPIRE AND MOBILIZE A PASSIONATE AND CAPABLE COMMUNITY COMMITTED TO MAKING A BIG DIFFERENCE IN PEOPLES LIVES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,425
Program Service Revenue $0
Investment Income $0
Other Revenue $11,951
TOTAL REVENUE $50,376

Expense Breakdown

Grants Paid $50,500
Salaries & Benefits $0
Fundraising Expenses $12,106
Program Expenses $51,342
Other Expenses $22,262
TOTAL EXPENSES $72,762

Year-over-Year Comparison

2024 2023 Change
Revenue $50,376 $41,387 +0.2%
Expenses $72,762 $60,336 +0.2%
Net Income $-22,386 $-18,949 +0.2%
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

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN HOLKO BUSINESS MANAGEMENT 3.00
Director
$0 $0 $0
MARJORIE CHERTOK TRUSTEE 2.00
Director
$0 $0 $0
LARRY SENOUR GRANT CHAIR 2.00
Director
$0 $0 $0
DON AMORUSO TRUSTEE 2.00
Director
$0 $0 $0
JOHN CASSIMATIS TRUSTEE 4.00
Director
$0 $0 $0
BRIAN GOMEZ TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL MORACK CFO & TREASURER 4.00
Officer Director
$0 $0 $0
BEVERLY ROSELLA VICE CHAIRPERSON & STRATEGY 12.00
Officer
$0 $0 $0
THOMAS ROSELLA CHAIRPERSON PRESIDENT & SECRETARY 20.00
Officer
$0 $0 $0
THOMAS MORRISSEY CORPORATE CONTROLLER 5.00
Officer
$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
2025 No data No data No data No data
2024 $50,376 $72,762 $84,320 $-22,386
2023 $41,387 $60,336 $107,910 $-18,949
2022 $181,237 $155,934 $130,521 $25,303
2021 $194,135 $134,653 $199,652 $59,482
2020 $76,313 $92,309 $144,662 $-15,996
2019 $186,131 $198,094 $57,471 $-11,963
2018 $237,575 $208,837 $78,122 $28,738
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