COMMUNITY HOPE FUND 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

2009

Legal Domicile

Principal Officer

CARL CAPPADONA

Phone

7327900946

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY HOPE FUND INC, founded in 2009, is a micro nonprofit in the Human Services sector that reported $46K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $54K exceeded revenue, resulting in a 17% operating deficit.

Mission

COMMUNITY HOPE FUND, INC. IS A 501(C)3 NONPROFIT ORGANIZATION THAT PROMOTES YOUTH DEVELPMENT AND SUPPORTS THE CHARITABLE NEEDS OF THE TOWNSHIP OF OCEAN AND SURROUNDING COMMUNITITES IN NEW JERSEY

Program Service Accomplishments

Program 1

Expenses: $48,938

PROMOTE YOUTH DEVELOPMENT AND SUPPORT CHARITABLE NEEDS OF THE TOWNSHIP OF OCEAN AND THE SURROUNDING COMMUNITIES IN NEW JERSEY

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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 $30,873

Program Service Revenue $0

Investment Income $15,076

Other Revenue $0

TOTAL REVENUE $45,949

Expense Breakdown

Grants Paid $46,633

Salaries & Benefits $0

Fundraising Expenses $655

Program Expenses $48,938

Other Expenses $7,021

TOTAL EXPENSES $53,654

Year-over-Year Comparison

	2024	2023	Change
Revenue	$45,949	$74,800	-0.4%
Expenses	$53,654	$28,403	+0.9%
Net Income	$-7,705	$46,397	-1.2%

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

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
DENISE PARLAMAS	PRESIDENT	5.00	Officer	$0	$0	$0
RICHARD LONG	VICE PRESIDENT	5.00	Officer	$0	$0	$0
CARL J CAPPADONA	TREASURER	5.00	Officer	$0	$0	$0
ANNE MARIE SPARACO	CORRESPONDING SECRETARY	5.00	Officer	$0	$0	$0
ROBIN LAURIA	RECORDING SECRETARY	5.00	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
2024	$45,949	$53,654	$491,756	$-7,705
2023	$74,800	$28,403	$505,672	$46,397
2022	$42,986	$34,451	$455,288	$8,535
2021	$40,653	$21,255	$489,997	$19,398
2020	$46,813	$14,181	$479,464	$32,632
2019	$24,000	$29,299	$431,764	$-5,299
2018	$22,473	$18,312	$424,454	$4,161