A PLACE CALLED HOPE

EIN: 271861057 501(c)(3) Religion

Garner, NC

Total Revenue
$53,700
Total Expenses
$25,800
Total Assets
$53,700
Net Assets
$27,900
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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
2024
Legal Domicile
NC
Principal Officer
Jovan A McLean
Phone
9197451583
Tax Period
2024-01-01 to 2024-12-31

A PLACE CALLED HOPE, founded in 2024, is a micro nonprofit in the Religion sector that reported $54K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $28K, a strong 52% operating margin.

Mission

Church and charity

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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 (2024)

Revenue Breakdown

Contributions & Grants $53,700
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $53,700

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,200
Other Expenses $25,800
TOTAL EXPENSES $25,800

Year-over-Year Comparison

2024 2023 Change
Revenue $53,700 $79,500 -0.3%
Expenses $25,800 $21,600 +0.2%
Net Income $27,900 $57,900 -0.5%
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
5
Independent Members
N/A
Employees
N/A
Volunteers
5

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jovan McLean President/Pastor 1
$0 $0 $0
Schquinta Thompson Vice President/Secretary 1
$0 $0 $0
Carolyn Bray Chairman 1
$0 $0 $0
Sandra Lee Treasurer 1
$0 $0 $0
Dawn Nickens Member at Large 1
$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 $53,700 $25,800 $53,700 $27,900
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