HOUSE OF HOPE INC (EIN 263994804) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

REV RYAN BUSBY

Phone

4345491459

Tax Period

2024-01-01 to 2024-12-31

HOUSE OF HOPE INC, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $113K in total revenue in fiscal year 2018. Revenue grew 12% year-over-year, indicating healthy expansion. Net assets of $417K represent 44 months of operating reserves.

Mission

TO PROVIDE PERSONS IN NEED WITH EMERGENCY AND TRANSITORY SHELTER, ENCOURAGEMENT, AND A HELPING HAND REGARDLESS OF THEIR STATUS IN LIFE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $320,779

Program Service Revenue $0

Investment Income $3,811

Other Revenue $4,484

TOTAL REVENUE $329,074

Expense Breakdown

Grants Paid $0

Salaries & Benefits $336,648

Fundraising Expenses $6,151

Program Expenses $429,221

Other Expenses $119,915

TOTAL EXPENSES $456,563

Year-over-Year Comparison

	2024	2023	Change
Revenue	$329,074	$711,315	-0.5%
Expenses	$456,563	$444,370	+0.0%
Net Income	$-127,489	$266,945	-1.5%

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

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

$30,951

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV RYAN BUSBY	PRESIDENT	2.50	Officer Director	$0	$0	$0
CRYSTAL FURCHES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JACQUELYN ROCHFORD	PAST PRESIDENT	0.50	Officer Director	$0	$0	$0
LESLIE BENNETT	SECRETARY	1.00	Officer Director	$0	$0	$0
DAWNELLE MAYO	TREASURER	1.00	Officer Director	$0	$0	$0
WAYNE ADKINS	DIRECTOR	0.50	Director	$0	$0	$0
EDDIE DEES	DIRECTOR	0.50	Director	$0	$0	$0
TERESA MOSS	DIRECTOR	0.50	Director	$0	$0	$0
CINDY JEFFERSON	DIRECTOR	0.50	Director	$0	$0	$0
CONNIE FLETCHER WHITLOW	DIRECTOR	0.50	Director	$0	$0	$0
SHARON HENDRICKS	DIRECTOR	0.50	Director	$0	$0	$0
JODI COLEMAN	DIRECTOR	0.50	Director	$0	$0	$0
KEITH CARROLL	DIRECTOR	0.50	Director	$0	$0	$0
DEBORAH HARRIS	DIRECTOR	0.50	Director	$0	$0	$0
CHASTA WHITE	DIRECTOR	0.50	Director	$0	$0	$0
CHIEF OF POLICE CHRIS WILES	DIRECTOR	0.50	Director	$0	$0	$0
KELLY RIDDLE	DIRECTOR	0.50	Director	$0	$0	$0
ROB FITZ	DIRECTOR	0.50	Director	$0	$0	$0
JUDE SWANSON	EXECUTIVE DIRECTOR	40.00	Officer	$30,951	$0	$30,951

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	$329,074	$456,563	$1,044,718	$-127,489
2023	$711,315	$444,370	$1,174,428	$266,945
2022	$698,041	$212,143	$904,829	$485,898
2021	$197,266	$140,720	$417,535	$56,546
2020	$191,880	$174,543	$387,489	$17,337
2019	$100,860	$176,467	$345,746	$-75,607
2018	$113,463	$112,960	$418,295	$503

HOUSE OF HOPE INC