HOPE CHARITIES INC (EIN 270256013) - 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

PORTER SNOW

Phone

8885298023

Tax Period

2023-01-01 to 2023-12-31

HOPE CHARITIES INC, founded in 2009, is a community nonprofit in the Health Care sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

TO BE A CONDUIT OF HOPE, STRENGTH AND RESOURCES TO INDIVIDUALS AND THEIR FAMILIES THROUGH SEASONS OF CRISIS CAUSED BY CHRONIC ILLNESSES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,781,521

Program Service Revenue $0

Investment Income $45

Other Revenue $0

TOTAL REVENUE $2,781,566

Expense Breakdown

Grants Paid $1,223,426

Salaries & Benefits $933,789

Fundraising Expenses $344,124

Program Expenses $1,983,750

Other Expenses $557,458

TOTAL EXPENSES $2,714,673

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,781,566	$2,197,979	+0.3%
Expenses	$2,714,673	$1,968,280	+0.4%
Net Income	$66,893	$229,699	-0.7%

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

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

$451,710

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MANN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BOBBY ARNOLD	TREASURER	1.00	Officer Director	$0	$0	$0
DERRICK GILL	DIRECTOR	1.00	Director	$0	$0	$0
JASON WILSON	DIRECTOR	1.00	Director	$0	$0	$0
RUSSEL CEDARLEAF	DIRECTOR	1.00	Director	$0	$0	$0
THELMA WEBSTER	DIRECTOR	1.00	Director	$0	$0	$0
BRAD ROBBINS	DIRECTOR	1.00	Director	$0	$0	$0
BIVIN VON ALMEN	DIRECTOR	1.00	Director	$0	$0	$0
GREG WEBB	SECRETARY	1.00	Officer Director	$0	$0	$0
JONATHAN JAMES	PRESIDENT AND CEO	45.00	Officer	$172,309	$0	$172,309
PORTER SNOW	CFO	45.00	Officer	$147,134	$0	$147,134
JOSEPH FERGUSON	COO	45.00	Officer	$132,267	$0	$132,267

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	$2,781,566	$2,714,673	$457,351	$66,893
2022	$2,197,979	$1,968,280	$403,647	$229,699
2021	$1,442,894	$1,230,616	$299,920	$212,278
2020	$955,115	$955,940	$262,876	$-825
2019	$852,060	$1,163,909	$73,616	$-311,849
2018	$1,033,115	$986,288	$225,437	$46,827

HOPE CHARITIES INC