SCARLET HOPE INC

EIN: 270804557 501(c)(3) Human Services

LOUISVILLE, KY

Total Revenue
$1,610,600
Total Expenses
$1,691,076
Total Assets
$797,682
Net Assets
$599,338
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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
KY
Principal Officer
RACHELLE STARR
Tax Period
2023-07-01 to 2024-06-30

SCARLET HOPE INC, founded in 2009, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TRANSISTION WOMEN OUT OF THE ADULT ENTERTAINMENT INDUSTRY

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,413,010
Program Service Revenue $93,118
Investment Income $318
Other Revenue $104,154
TOTAL REVENUE $1,610,600

Expense Breakdown

Grants Paid $0
Salaries & Benefits $861,270
Fundraising Expenses $121,477
Program Expenses $796,375
Other Expenses $829,806
TOTAL EXPENSES $1,691,076

Year-over-Year Comparison

2023 2022 Change
Revenue $1,610,600 $1,469,754 +0.1%
Expenses $1,691,076 $1,373,556 +0.2%
Net Income $-80,476 $96,198 -1.8%
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

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Governance

Voting Members
6
Independent Members
6
Employees
27
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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY HALL BOARD MEMBER 2.00
Officer
$0 $0 $0
BARB STUART EXECUTIVE BO 2.00
Officer
$0 $0 $0
JULIA BLACK EXECUTIVE BO 2.00
Officer
$0 $0 $0
LORI RIGGS EXECUTIVE BO 2.00
Officer
$0 $0 $0
RUTH LEMASTER BOARD MEMBER 2.00
Officer
$0 $0 $0
SHERRY FIELDS BOARD MEMBER 2.00
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
2025 No data No data No data No data
2024 $1,610,600 $1,691,076 $797,682 $-80,476
2023 $1,469,754 $1,373,556 $866,068 $96,198
2022 $333,879 $533,691 $768,588 $-199,812
2021 $888,972 $866,404 $997,338 $22,568
2020 $757,234 $1,052,271 $1,038,640 $-295,037
2019 $1,489,948 $1,476,689 $1,356,299 $13,259
2018 $1,123,106 $1,153,206 $1,217,667 $-30,100
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