HOPE CARE SERVICES

EIN: 261802570 501(c)(3) Human Services

Inkster, MI

Total Revenue
$70,000
Total Expenses
$49,810
Total Assets
$-59,587
Net Assets
$-59,587
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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
2007
Legal Domicile
MI
Principal Officer
JOAKIN NWOGU
Tax Period
2018-01-01 to 2018-12-31

HOPE CARE SERVICES, founded in 2007, is a micro nonprofit in the Human Services sector that reported $70K in total revenue in fiscal year 2018. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $20K, a strong 29% operating margin.

Mission

TO PROVIDE ASSISTED LIVING SERVICES

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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 (2018)

Revenue Breakdown

Contributions & Grants $70,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $70,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $35,500
Other Expenses $49,810
TOTAL EXPENSES $49,810

Year-over-Year Comparison

2018 2017 Change
Revenue $70,000 $95,000 -0.3%
Expenses $49,810 $93,187 -0.5%
Net Income $20,190 $1,813 +10.1%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK NWOGU BOARD MEMBER 5.00
Officer Director
$0 $0 $0
JACK NWOGU BOARD MEMBER 0.00
Director
$0 $0 $0
JOAKIN NWOGU PRISDENT 40.00
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
2018 $70,000 $49,810 $-59,587 $20,190
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