Hope of Honduras Inc (EIN 264163838) - 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

2009

Legal Domicile

Principal Officer

Matt Higgins

Phone

8139611214

Tax Period

2024-07-01 to 2025-06-30

Hope of Honduras Inc, founded in 2009, is a small nonprofit in the International Affairs sector that reported $362K in total revenue in fiscal year 2024. Revenue surged 111% from the prior year, signaling strong growth momentum. Expenses of $464K exceeded revenue, resulting in a 28% operating deficit.

Mission

Our mission is to rescue children from desperate situations and give them a safe, loving, godly home in Honduras.

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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 $361,160

Program Service Revenue $0

Investment Income $426

Other Revenue $0

TOTAL REVENUE $361,586

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,042

Fundraising Expenses $0

Program Expenses $464,313

Other Expenses $292,271

TOTAL EXPENSES $464,313

Year-over-Year Comparison

	2024	2023	Change
Revenue	$361,586	$171,328	+1.1%
Expenses	$464,313	$284,693	+0.6%
Net Income	$-102,727	$-113,365	-0.1%

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

100

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
Matt Goins	Board Member	1.00	Director	$0	$0	$0
David Harper	Board Member	1.00	Director	$0	$0	$0
Herbert Hubbard	Chairman	1.00	Officer Director	$0	$0	$0
Ryan Thompson	Board Member	1.00	Director	$0	$0	$0
Carl Roeder	Treasurer	1.00	Officer 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	$361,586	$464,313	$72,805	$-102,727
2024	$171,328	$284,693	$278,695	$-113,365
2023	$301,899	$294,774	$390,114	$7,125
2022	$341,681	$343,018	$1,639,123	$-1,337
2021	$136,945	$246,166	$56,482	$-109,221
2020	$173,379	$175,772	$165,441	$-2,393
2019	$130,508	$147,006	$167,834	$-16,498

Hope of Honduras Inc