Hope Medical Clinic Inc (EIN 263811078) - 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

2008

Legal Domicile

Principal Officer

Timothy M Roberts

Phone

8508379071

Tax Period

2024-01-01 to 2024-12-31

Hope Medical Clinic Inc, founded in 2008, is a small nonprofit in the Health Care sector that reported $496K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $664K exceeded revenue, resulting in a 34% operating deficit.

Mission

Page 2 Part III

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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 $494,296

Program Service Revenue $0

Investment Income $2,147

Other Revenue $0

TOTAL REVENUE $496,443

Expense Breakdown

Grants Paid $0

Salaries & Benefits $529,146

Fundraising Expenses $0

Program Expenses $645,243

Other Expenses $134,745

TOTAL EXPENSES $663,891

Year-over-Year Comparison

	2024	2023	Change
Revenue	$496,443	$559,851	-0.1%
Expenses	$663,891	$723,561	-0.1%
Net Income	$-167,448	$-163,710	+0.0%

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

N/A

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

$66,000

Total Directors

$66,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jim Allen	President	6.00	Officer Director	$0	$0	$0
Timothy M Roberts	Secretary	40.00	Officer Director	$66,000	$0	$66,000
Tiffany Edwards	Member	5.00	Director	$0	$0	$0
Sam Traughber MD FACPFACC	Member	5.00	Director	$0	$0	$0
Bruce Haught PA	Member	5.00	Director	$0	$0	$0
William Liston MD	Member	5.00	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
2024	$496,443	$663,891	$40,917	$-167,448
2023	$559,851	$723,561	$143,334	$-163,710
2022	$930,387	$658,231	$297,523	$272,156
2021	$521,125	$596,901	$51,451	$-75,776
2020	$442,678	$521,855	$58,951	$-79,177
2019	$546,028	$580,889	$35,921	$-34,861
2018	$433,382	$410,695	$79,625	$22,687

Hope Medical Clinic Inc