Hypertherm Hope Foundation 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

JACK LEE

Phone

6036433441

Tax Period

2023-01-01 to 2023-12-31

Hypertherm Hope Foundation Inc, founded in 2009, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $948K in total revenue in fiscal year 2023. Revenue surged 122% from the prior year, signaling strong growth momentum. Expenses of $868K left a modest 8% surplus.

Mission

TO PARTNER WITH NON-PROFIT ORGANIZATIONS AND ENGAGE IN ACTIVITIES THAT STRENGTHEN AND CREATE SUSTAINABLE, POSITIVE CHANGE IN THE COMMUNITY AND ENVIRONMENT.

Program Service Accomplishments

Program 1

Expenses: $861,470 Revenue: $0

THIS FISCAL YEAR, THE HOPE FOUNDATION PARTNERED WITH 137 NONPROFIT ORGANIZATIONS TO STRENGTHEN AND CREATE SUSTAINABLE, POSITIVE CHANGE IN THE COMMUNITY AND ENVIRONMENT. GRANT INVESTMENTS FALL WITHIN A SET OF CORE IMPACT AREAS THAT ALIGN THE GREATEST NEEDS IN THE COMMUNITY. THE IDENTIFIED IMPACT AREAS ARE: EDUCATION, EARLY CHILDHOOD DEVELOPMENT, HEALTH AND WELLNESS, FOOD AND SHELTER, ENVIRONMENT AND TRANSPORTATION, UNITED WAY MATCH, AND DISASTER RELIEF. THE ORGANIZATION CREATED A SPECIAL FOCUS WITHIN OUR EDUCATION IMPACT AREA WITH THE GOAL TO EXPOSE, EXCITE, AND ENGAGE YOUTH TO THE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) FIELDS. THIS IS AN AREA THAT POSES A SIGNIFICANT OPPORTUNITY IN OUR REGION. GREEN GRANTS FROM THE HOPE FOUNDATION ARE AVAILABLE TO SUPPORT OUR NONPROFIT PARTNER ORGANIZATIONS IN AN AREA THAT IS LIKELY SECONDARY TO THEIR MISSION. WE SEEK TO SUPPORT PROJECTS THAT REDUCE THE ENVIRONMENTAL IMPACTS OF LOCAL NONPROFITS. GREEN GRANTS WILL FUND PROJECTS THAT TANGIBLY REDUCE THE CARBON EMISSIONS OF OUR PARTNERS. STEM GRANT EXAMPLES: WE WERE ABLE TO INITIATE A MULTI-YEAR GRANT TO FUND THE SCHOOL PARTNERSHIP PROGRAM FROM THE MONTSHIRE MUSEUM OF SCIENCE. THE PROGRAM IS DEDICATED TO ENRICHING AND CONNECTING ELEMENTARY SCHOOL TEACHERS IN RURAL SCHOOL DISTRICTS TO IMPROVE INQUIRY BASED LEARNING SKILLS. WE HAVE FUNDED MANY ROBOTICS AND LEGO LEAGUE TEAMS FOR CHILDREN OF ALL AGES.

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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 $942,381

Program Service Revenue $0

Investment Income $5,787

Other Revenue $-550

TOTAL REVENUE $947,618

Expense Breakdown

Grants Paid $861,065

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $861,470

Other Expenses $6,860

TOTAL EXPENSES $867,925

Year-over-Year Comparison

	2023	2022	Change
Revenue	$947,618	$426,830	+1.2%
Expenses	$867,925	$374,277	+1.3%
Net Income	$79,693	$52,553	+0.5%

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

1328

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
JENNY LEVY	PRESIDENT	1.0	Officer Director	$0	$0	$0
JACK LEE	TREASURER	1.0	Officer Director	$0	$0	$0
JOHN H VOGEL JR	SECRETARY	1.0	Officer Director	$0	$0	$0
CLAY ADAMS	DIRECTOR	1.0	Director	$0	$0	$0
GAIL GENTES	DIRECTOR	1.0	Director	$0	$0	$0
JULIA GRIFFIN	DIRECTOR	1.0	Director	$0	$0	$0
TRAVIS LAHAYE	DIRECTOR	1.0	Director	$0	$0	$0
NINI MEYER	DIRECTOR	1.0	Director	$0	$0	$0
NAN STONE	DIRECTOR	1.0	Director	$0	$0	$0
MELINA HILL WALKER	DIRECTOR	1.0	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	$947,618	$867,925	$426,768	$79,693
2022	$823,751	$824,279	$457,973	$-528
2022	$426,830	$374,277	$343,884	$52,553
2021	$827,484	$843,784	$435,837	$-16,300
2020	$913,226	$970,292	$460,577	$-57,066
2019	$770,837	$580,334	$384,514	$190,503