PLACE OF HOPE INCORPORATED

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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

2014

Legal Domicile

Tax Period

2024-07-01 to 2025-06-30

PLACE OF HOPE INCORPORATED, founded in 2014, is a small nonprofit in the Human Services sector that reported $134K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $191K exceeded revenue, resulting in a 43% operating deficit.

Mission

THE ORGANIZATION PROVIDES QUALITY LOW INCOME HOUSING FOR DISABLED INDIVIDUALS.

Program Service Accomplishments

Program 1

Expenses: $123,134 Revenue: $134,026

PROVIDING QUALITY LOW INCOME HOUSING FOR DISABLED INDIVIDUALS WHO ARE IN OR BELOE POVERT INCOME LEVELS.

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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 $134,026

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $134,026

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,927

Fundraising Expenses $0

Program Expenses $123,134

Other Expenses $162,436

TOTAL EXPENSES $191,363

Year-over-Year Comparison

	2024	2023	Change
Revenue	$134,026	$145,037	-0.1%
Expenses	$191,363	$158,804	+0.2%
Net Income	$-57,337	$-13,767	+3.2%

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

N/A

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
SYED SALAT	CHAIRMAN	1.00	Officer	$0	$0	$0
JOHN DAVIS	INTERNAL AUDITOR	2.00	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
2025	$134,026	$191,363	$1,316,563	$-57,337
2024	$145,037	$158,804	$1,354,502	$-13,767
2023	$123,096	$198,387	$1,376,280	$-75,291
2022	$124,494	$234,920	$1,449,742	$-110,426
2021	$117,050	$182,079	$1,542,732	$-65,029
2020	$118,551	$171,870	$1,594,896	$-53,319