House of Hope - Mer Hooys Inc (EIN 263824036) - 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

Adrienne Krikorian

Phone

8183476107

Tax Period

2023-01-01 to 2023-12-31

House of Hope - Mer Hooys Inc, founded in 2008, is a small nonprofit in the International Affairs sector that reported $274K in total revenue in fiscal year 2023. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $55K, a strong 20% operating margin.

Mission

Providing safe homes, education psychological support to disadvantaged children

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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 (2023)

Revenue Breakdown

Contributions & Grants $273,101

Program Service Revenue $0

Investment Income $925

Other Revenue $0

TOTAL REVENUE $274,026

Expense Breakdown

Grants Paid $6,250

Salaries & Benefits $0

Fundraising Expenses $2,000

Program Expenses $211,456

Other Expenses $210,564

TOTAL EXPENSES $218,814

Year-over-Year Comparison

	2023	2022	Change
Revenue	$274,026	$177,291	+0.5%
Expenses	$218,814	$215,979	+0.0%
Net Income	$55,212	$-38,688	-2.4%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Adrienne L Krikorian	President	10.00	Officer	$0	$0	$0
Garo Garibian MD	Vice President	5.00	Officer	$0	$0	$0
Deacon Barlow De Mugrdechian	Vice President	5.00	Officer	$0	$0	$0
Varouj Altebarmakian MD	Treasurer	5.00	Officer	$0	$0	$0
Father Mesrop Ash	Advisor	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
2024	No data	No data	No data	No data
2023	$274,026	$218,814	$244,233	$55,212
2021	$213,853	$175,319	$227,880	$38,534
2020	$208,305	$173,271	$189,168	$35,034
2018	$210,385	$195,924	$144,209	$14,461

House of Hope - Mer Hooys Inc