TRUE HOPE

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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

2008

Legal Domicile

Principal Officer

Wayne Hedlund

Tax Period

2025-01-01 to 2025-12-31

TRUE HOPE, founded in 2008, is a small nonprofit in the Human Services sector that reported $340K in total revenue in fiscal year 2025. Revenue surged 23% from the prior year, signaling strong growth momentum.

Program Service Accomplishments

Program 1

Expenses: $334,122

The specific purpose for which the corporation is organized is to minister to single mothers, abandoned children, those in prison, individuals with special needs, orphans and victims of sex...

The specific purpose for which the corporation is organized is to minister to single mothers, abandoned children, those in prison, individuals with special needs, orphans and victims of sex trafficking by meeting their physical and spiritual needs both domestically and internationally, to teach and preach the gospel through speaking engagements at religious venues, produce and distribute Christian literature, conduct public evangelistic activities, offer bible based classes, provide spiritual counseling, to license and ordain minister of the gospel and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501 (c) (3) of the Internal Revenue Code. This corporation is organized and operated exclusively for religious purposes within the meaning of Section 501 (c) (3), Internal Revenue Code.

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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 (2025)

Revenue Breakdown

Contributions & Grants $339,651

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $339,651

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $334,122

Other Expenses $334,122

TOTAL EXPENSES $334,122

Year-over-Year Comparison

	2025	2024	Change
Revenue	$339,651	$276,166	+0.2%
Expenses	$334,122	$282,011	+0.2%
Net Income	$5,529	$-5,845	-1.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Wayne Hedlund	President	Officer Director	$0	$0	$0
Clay Witte	Vice President	Director	$0	$0	$0
Jeff Karlson	Treasurer	Director	$0	$0	$0
Mary Hedlund	Secretary	Director	$0	$0	$0
Martha Witte	Director	Director	$0	$0	$0
Joy Karlson	Director	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
2025	$339,651	$334,122	$11,325	$5,529
2024	$276,166	$282,011	$5,796	$-5,845
2023	$252,860	$313,169	$11,641	$-60,309
2022	$773,686	$705,992	$71,950	$67,694
2021	$732,992	$732,014	$4,256	$978
2020	$853,032	$1,004,553	$3,278	$-151,521
2019	$510,705	$359,649	$154,799	$151,056
2018	$224,458	$220,831	$3,743	$3,627