HopeSprings Inc

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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

Andy Nagel

Phone

4103230005

Tax Period

2019-07-01 to 2020-06-30

HopeSprings Inc, founded in 2008, is a small nonprofit that reported $252K in total revenue in fiscal year 2019. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $298K exceeded revenue, resulting in a 18% operating deficit.

Mission

HopeSprings awakens, equips and engages the faith community to service people living with HIV/AIDS.

Program Service Accomplishments

Program 1

Expenses: $212,770

In FY20, HopeSprings was able to make meet and present to 23 total faith communities, awakening them to the reality of HIV and opportunities for service. Of these congregations,3 made clear next...

In FY20, HopeSprings was able to make meet and present to 23 total faith communities, awakening them to the reality of HIV and opportunities for service. Of these congregations,3 made clear next steps of service with HopeSprings, 1 becoming affiliate members with HopeSprings. We trained 25 new volunteers through our Journey training as new volunteers to better prepare them for service. We trained 18 in our training around Sexual Orientation and Gender Identity. We then engaged a total of 143 volunteers in serving, serving well over 300 brothers and sisters through ongoing programs. The impact of COVID-19 has been felt in some of our programming, which we had to pause or adapt in the last quarter of our fiscal year.

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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 (2019)

Revenue Breakdown

Contributions & Grants $246,930

Program Service Revenue $3,250

Investment Income $54

Other Revenue $1,638

TOTAL REVENUE $251,872

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,994

Fundraising Expenses $11,606

Program Expenses $212,770

Other Expenses $80,952

TOTAL EXPENSES $297,946

Year-over-Year Comparison

	2019	2018	Change
Revenue	$251,872	$336,606	-0.3%
Expenses	$297,946	$343,435	-0.1%
Net Income	$-46,074	$-6,829	+5.7%

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

365

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
Kathleen Leslie Esq	Secretary	4.00	Officer Director	$0	$0	$0
Kevin Vyfhuis	Treasurer	4.00	Officer Director	$0	$0	$0
Alphonso Mayo	Director	2.00	Director	$0	$0	$0
Carolyn Nganga-Good	Director	1.00	Director	$0	$0	$0
Rev Andy Nagel	Chairman	1.00	Officer Director	$0	$0	$0
Rev Keron Sadler	Director	1.00	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
2020	$251,872	$297,946	$241,166	$-46,074
2019	$336,606	$343,435	$240,513	$-6,829