Hope Clinic Inc (EIN 271095505) - 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

Ellis R Ivory

Phone

8015686700

Tax Period

2023-01-01 to 2023-12-31

Hope Clinic Inc, founded in 2009, is a micro nonprofit in the Health Care sector that reported $82K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $116K exceeded revenue, resulting in a 41% operating deficit.

Mission

The Hope Clinic recognizes, educates and medically treats patients who are without resources as well as link those who qualify to established programs to meet their needs. By providing preventative care and routine health maintenance, patients will not be required to seek costly emergent healthcare or hospitalization.

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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 $81,824

Program Service Revenue $0

Investment Income $118

Other Revenue $0

TOTAL REVENUE $81,942

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $115,516

Other Expenses $115,516

TOTAL EXPENSES $115,516

Year-over-Year Comparison

	2023	2022	Change
Revenue	$81,942	$106,215	-0.2%
Expenses	$115,516	$51,915	+1.2%
Net Income	$-33,574	$54,300	-1.6%

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

110

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
Ellis R Ivory	Chairman	1.00	Officer Director	$0	$0	$0
Steve Taylor MD	Med. Director	20.00	Director	$0	$0	$0
Hamid Adib	Director	1.00	Director	$0	$0	$0
David George	Director	15.00	Officer Director	$0	$0	$0
Jane Powers	Director	30.00	Officer 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	$81,942	$115,516	$1,229,368	$-33,574
2022	$106,215	$51,915	$1,262,942	$54,300
2021	$159,695	$80,792	$972,769	$78,903
2020	$90,841	$109,444	$893,866	$-18,603
2019	$121,011	$109,509	$912,469	$11,502
2018	$99,469	$115,472	$900,967	$-16,003

Hope Clinic Inc