Hope LoanPort Inc (EIN 271619966) - 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

2010

Legal Domicile

Principal Officer

Mark Cole

Phone

2028037933

Tax Period

2020-01-01 to 2020-12-31

Hope LoanPort Inc, founded in 2010, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2020. Revenue fell 52% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.2M, a strong 92% operating margin.

Mission

Hope LoanPort is a national, neutral, and nonprofit utility that unifies the efforts to help families achieve and sustain homeownership. Our technology enables all stakeholders to collaborate by sharing the data, documents and other information needed to help people buy or retain their home.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $17

Other Revenue $1,280,385

TOTAL REVENUE $1,280,402

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,274

Fundraising Expenses $0

Program Expenses $29,040

Other Expenses $70,873

TOTAL EXPENSES $106,147

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,280,402	$2,649,920	-0.5%
Expenses	$106,147	$2,656,993	-1.0%
Net Income	$1,174,255	$-7,073	-167.0%

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

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

$32,123

Total Directors

$32,123

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark Cole	President & CEO	40.00	Officer Director	$32,123	$0	$32,123
Larry Gilmore	Board Member	0.00	Director	$0	$0	$0
Ramesh Lokre	Board Member	0.00	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
2020	$1,280,402	$106,147	No data	$1,174,255
2019	$2,649,920	$2,656,993	$272,655	$-7,073
2018	$3,428,447	$3,291,194	$453,405	$137,253

Hope LoanPort Inc