HOPE FOR NORTH BREVARD INC

🔒

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

Principal Officer

ROBERT GORDON

Phone

3218636357

Tax Period

2024-01-01 to 2024-12-31

HOPE FOR NORTH BREVARD INC is a small nonprofit that reported $597K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

HNB IS A CATALYST FOR RESTORING HOPE AND UNITY TO OUR COMMUNITY THROUGH YOUTH AND COUNSELING SERVICES AND COMMUNITY DEVELOPMENT INITIATIVES WHICH INCLUDE PROVIDING SAFE HAVENS FOR CHILDREN, LOW COST COUNSELING AND FOOD

Program Service Accomplishments

Program 1

YOUTH SERVICES: HNB SPONSORS AN ANNUAL SUMMER BAND CAMP FOR STUDENTS,SUMMER SPORTS CAMPS AND PROVIDES MEALS DURING THE SUMMER FOR NEEDY CHILDREN. OUR DIRECTOR HOST ANNUAL YOUTH LEADER RETREAT FOR...

YOUTH SERVICES: HNB SPONSORS AN ANNUAL SUMMER BAND CAMP FOR STUDENTS,SUMMER SPORTS CAMPS AND PROVIDES MEALS DURING THE SUMMER FOR NEEDY CHILDREN. OUR DIRECTOR HOST ANNUAL YOUTH LEADER RETREAT FOR LEADERS OF YOUTH PROGRAMS IN LOCAL CHURCHES THROUGHOUT OUR COMMUNITY. OUR DIRECTOR ALSO MENTORS HIGH SCHOOL STUDENTS IN NEED.

Program 2

COMMUNITY DEVELOPMENT: HNB FACILITATES A NUMBER OF COMMUNITY PROGRAMS INCLUDING PROJECT EAT, WHICH PROVIDES FOOD TO DISADVANTAGED AND LOW INCOME PEOPLE IN OUR COMMUNITY, INCLUDING FOOD FOR CHILDREN DURING THE SUMMER WHEN THEY DO NOT HAVE ACCESS TO FREE AND REDUCED LUNCH PROGRAMS AT SCHOOL. WE HELD A BACK TO SCHOOL EVENT THAT PROVIDES SCHOOL SUPPLIES, HEALTH SCREENINGS, HAIRCUTS AND OTHER SCHOOL SUPPLIES TO DISADVANTAGED YOUTH. WE COORDINATE WITH AND SUPPORT COMMUNITY PROGRAMS THAT PROVIDE SHELTER FOR THE HOMELESS, INCLUDING TEMPORARY COLD NIGHT SHELTER PROGRAMS. WE ALSO PROVIDED FOOD TO HOMEBOUND PEOPLE IN OUR COMMUNITY AND PROVIDE GIFTS TO DISADVANTAGED STUDENTS.

Program 3

COUNSELING: HNB PROVIDES FREE OR LOW COST COUNSELING BY LICENSED HEALTH CARE PROFESSIONALS

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $88,794

Program Service Revenue $501,413

Investment Income $5

Other Revenue $6,515

TOTAL REVENUE $596,727

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,168

Fundraising Expenses $0

Program Expenses $495,672

Other Expenses $442,110

TOTAL EXPENSES $603,278

Year-over-Year Comparison

	2024	2023	Change
Revenue	$596,727	$681,656	-0.1%
Expenses	$603,278	$713,131	-0.2%
Net Income	$-6,551	$-31,475	-0.8%

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

N/A

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
ROBERT GORDON	DIRECTOR	N/A	Officer Director	$0	$0	$0
MARAVIC GILLOOLEY	VICE PRESIDE	N/A	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	$596,727	$603,278	$55,365	$-6,551
2023	$681,656	$713,131	$63,945	$-31,475
2022	$727,089	$675,211	$99,992	$51,878
2021	$470,582	$486,211	$81,574	$-15,629
2020	$368,873	$349,867	$103,476	$19,006