Wilmington, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hope Abounds Inc, founded in 2010, is a small nonprofit in the Human Services sector that reported $298K in total revenue in fiscal year 2024.
The mission of Hope Abounds is to provide compassionate, no-cost support, resources, and education to cancer patients, their families, and caregivers. By empowering individuals through advocacy, collaboration, and tailored assistance, they are ensuring no one faces their cancer journey alone.
Patient Advocacy: In 2024, our community, state, and nation experienced an increase in cancer diagnoses. We believe this rise is largely due to the impacts of COVID-19, which led to many individuals...
Patient Advocacy: In 2024, our community, state, and nation experienced an increase in cancer diagnoses. We believe this rise is largely due to the impacts of COVID-19, which led to many individuals being unable to receive treatment and screenings for various illnesses, some of which were later identified as cancerous. Many of these cases are now advanced, at stage IV or even metastatic. To make matters worse, the struggling economy has made it difficult for many patients to cover their basic household expenses. As a result, a number of patients are facing homelessness and food insecurity. On averagem we are oboarding 40 to 50 new patients each month, which totals approximately 600 patients for the year. Of this group, about 10% are currently grappling with these serious issues. Hope Abounds is continuously building foundational relationships to address the significant financial crises faced by many. We advocate with community, state, and national funding sources to secure "temporary" assistance for these hardship cases.
Educational Programs: Hope Abounds Cancer Network is thrilled to announce a new partnership with Storehouse Wellness. This partnership will provide comprehensive wellness resources to Hope Abounds...
Educational Programs: Hope Abounds Cancer Network is thrilled to announce a new partnership with Storehouse Wellness. This partnership will provide comprehensive wellness resources to Hope Abounds patients and caregivers. By focusing on the Four Pillars of Storehouse Wellness- nourishment, physical fitness, mental wellness, and financial health- patients will have access to various programs and resources from experts in each program's pillar of content. Hundreds of educational programs are designed to help maintain a high quality of life during treament and afer completion. On April 24, 2024, we hosted a Continuing Medical Education (CME) workshop for the College of Health & Human Services at UNCW. This program was presented to students, faculty, and alumni, providing essential education about genetic testing. It aimed to inform, inspire, and empower attendees to take a proactive approach to their health, particulartly regarding hereditary cancer risks within their families. We partnered with Myriad Genetics to introduce a Family History tool developed by Hope Aboutds to discuss how to access the services offered by Myriad Lab.
Medical Navigation: To address the diverse needs of our patients, Hope Abounds has partnered with nationwide resources to provide medical navigation and educational support through Storehouse...
Medical Navigation: To address the diverse needs of our patients, Hope Abounds has partnered with nationwide resources to provide medical navigation and educational support through Storehouse Wellness and home care services through Synergy. These services are available to all patients at any stage of their cancer diagnosis. Additionally, we offer palliative care services in collaboreation with the Lower Cape Fear Lifecare Center. This initiative provides essential medical oversight at home for patients diagnosed with stage III or IV cancer. Our collaboration in palliative care ensures that patients receive crucial medical support that works directly with their physician teams.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $297,741 | $276,729 | +0.1% |
| Expenses | $297,651 | $284,086 | +0.0% |
| Net Income | $90 | $-7,357 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kenny Barnes | Chairman & President | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brandia Bradshaw | Treasurer | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| Deirdre McGlone-Webb | Director | 1.50 |
Director
|
$0 | $0 | $0 |
| Jason Clamme | Director | 1.50 |
Director
|
$0 | $0 | $0 |
| James H Faison III | Director | 1.50 |
Director
|
$0 | $0 | $0 |
| Ed Williams | Director | 1.50 |
Director
|
$0 | $0 | $0 |
| Kim Joyner | Director | 1.50 |
Director
|
$0 | $0 | $0 |
| Traci Bress | Director | 1.50 |
Director
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$0 | $0 | $0 |
| Candi Brown | Director | 1.50 |
Director
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$0 | $0 | $0 |
| Donna Edwards | Director | 1.50 |
Director
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$0 | $0 | $0 |
| Elizabeth Barnes | Vice President | 40.00 |
Officer
|
$60,000 | $0 | $60,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $297,741 | $297,651 | $178,413 | $90 |
| 2023 | $276,729 | $284,086 | $184,197 | $-7,357 |
| 2022 | $220,932 | $174,307 | $171,536 | $46,625 |
| 2022 | $111,803 | $129,638 | $186,924 | $-17,835 |
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