COMMUNITIES OF HOPE INC (EIN 264468628) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

JASON OSTRANDER

Phone

8106299500

Tax Period

2023-01-01 to 2023-12-31

COMMUNITIES OF HOPE INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $675K in total revenue in fiscal year 2023. Revenue surged 1258% from the prior year, signaling strong growth momentum. The organization ran a surplus of $279K, a strong 41% operating margin.

Mission

TO ASSIST LOW-INCOME INDIVIDUALS IN OBTAINING BASIC NEEDS AND SERVICES WITH AFFORDABLE HOUSING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $626,043

Investment Income $49,151

Other Revenue $0

TOTAL REVENUE $675,194

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $384,891

Other Expenses $396,069

TOTAL EXPENSES $396,069

Year-over-Year Comparison

	2023	2022	Change
Revenue	$675,194	$49,714	+12.6%
Expenses	$396,069	$63,552	+5.2%
Net Income	$279,125	$-13,838	-21.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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
CYNDI STEMPIEN	DIRECTOR	0.20	Director	$0	$0	$0
RYAN BEALE	DIRECTOR	0.20	Director	$0	$0	$0
DENISE BEALE	DIRECTOR	0.20	Director	$0	$0	$0
NICHOLE MATTISON	DIRECTOR	0.20	Director	$0	$0	$0
DONNA HARRIS	DIRECTOR	0.20	Director	$0	$0	$0
JOHNNIE BOONE	DIRECTOR	0.20	Director	$0	$0	$0
DR LATASHA PATMAN	DIRECTOR	0.20	Director	$0	$0	$0
MARGARET GREEN	SECRETARY	0.20	Officer Director	$0	$0	$0
JASON OSTRANDER	TREASURER	0.20	Officer Director	$0	$0	$0
ROBERT BEALE	CHAIR	20.00	Officer Director	$0	$0	$0
RICK FULGENZI	EXECUTIVE DIRECTOR	20.00	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
2024	No data	No data	No data	No data
2023	$675,194	$396,069	$10,621,158	$279,125
2022	$49,714	$63,552	$10,533,656	$-13,838
2021	$1,344,239	$24,141	$4,462,530	$1,320,098
2020	$-770,116	$16,179	$3,134,682	$-786,295
2019	$17,137	$17,584	$3,860,545	$-447
2018	$767,231	$9,537	$3,841,542	$757,694

COMMUNITIES OF HOPE INC