HOPE & A FUTURE III INC (EIN 271019237) - 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

KARIN KRAUSE

Phone

6088310243

Tax Period

2024-01-01 to 2024-12-31

HOPE & A FUTURE III INC, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $547K in total revenue in fiscal year 2024. The organization ran a surplus of $154K, a strong 28% operating margin.

Mission

THE FOSTERING OF DECENT HOUSING AND CARE WHICH IS AFFORDABLE BY LOW AND MODERATE-INCOME HOUSEHOLDS.

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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 $99,414

Program Service Revenue $439,035

Investment Income $8,766

Other Revenue $0

TOTAL REVENUE $547,215

Expense Breakdown

Grants Paid $0

Salaries & Benefits $261,308

Fundraising Expenses $16,462

Program Expenses $336,652

Other Expenses $132,254

TOTAL EXPENSES $393,562

Year-over-Year Comparison

	2024	2023	Change
Revenue	$547,215	$522,758	+0.0%
Expenses	$393,562	$384,694	+0.0%
Net Income	$153,653	$138,064	+0.1%

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

147

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

$66,094

Total Directors

$10,265

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK BARNHARD	PRESIDENT	1.00	Officer Director	$0	$0	$0
PAULA REIF	VICE PRESIDENT/PROGRAM COORDINATOR	1.00	Officer Director	$4,821	$0	$4,821
DEREK KRAEMER	TREASURER	1.00	Officer Director	$0	$0	$0
NANCY WHITNEY	SECRETARY/ADMIN ASSISTANT	1.00	Officer Director	$5,444	$0	$5,444
TAMMY TAYLOR	DIRECTOR (THRU JUNE)	1.00	Director	$0	$0	$0
ANGELINE MBOTUNGAM	DIRECTOR (THRU APRIL)	1.00	Director	$0	$0	$0
MICHAEL REHBERG	DIRECTOR	1.00	Director	$0	$0	$0
KARIN KRAUSE	EXECUTIVE DIRECTOR	48.00	Officer	$55,829	$0	$55,829

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	$547,215	$393,562	$1,564,660	$153,653
2023	$522,758	$384,694	$1,415,649	$138,064
2022	$470,547	$304,749	$1,299,763	$165,798
2021	$348,069	$291,419	$1,166,639	$56,650
2020	$291,941	$263,208	$1,119,192	$28,733
2019	$255,059	$222,165	$1,095,190	$32,894
2018	$266,595	$228,696	$1,099,268	$37,899

HOPE & A FUTURE III INC