SOLE HOPE INC (EIN 272305440) - 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

TORY SHERMAN

Phone

6155666422

Tax Period

2023-01-01 to 2023-12-31

SOLE HOPE INC, founded in 2010, is a small nonprofit in the International Affairs sector that reported $670K in total revenue in fiscal year 2023. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $579K left a modest 14% surplus.

Mission

OFFERING HOPE, HEALTHIER LIVES AND FREEDOM FROM FOOT RELATED DISEASES THROUGH EDUCATION, JOBS AND MEDICAL RELIEF.

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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 $657,575

Program Service Revenue $0

Investment Income $79

Other Revenue $12,423

TOTAL REVENUE $670,077

Expense Breakdown

Grants Paid $0

Salaries & Benefits $264,748

Fundraising Expenses $86,750

Program Expenses $424,710

Other Expenses $314,416

TOTAL EXPENSES $579,164

Year-over-Year Comparison

	2023	2022	Change
Revenue	$670,077	$426,029	+0.6%
Expenses	$579,164	$790,393	-0.3%
Net Income	$90,913	$-364,364	-1.2%

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

100

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

$30,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TORY SHERMAN	PRESIDENT/CHAIRMAN	1.00	Officer Director	$0	$0	$0
ASHER COOLEY	DIRECTOR	40.00	Director	$30,000	$0	$30,000
JESSICA FALKNER	SECRETARY	1.00	Officer Director	$0	$0	$0
JEN JORDAN	DIRECTOR	1.00	Director	$0	$0	$0
TOM LISTER	DIRECTOR	1.00	Director	$0	$0	$0
GARETH GILKERSON	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$670,077	$579,164	$1,420,443	$90,913
2022	$426,029	$790,393	$1,372,802	$-364,364
2021	$922,121	$747,403	$1,727,477	$174,718
2020	$919,894	$706,318	$1,514,164	$213,576
2019	$814,475	$859,813	$1,348,593	$-45,338
2018	$1,306,818	$1,262,461	$1,382,833	$44,357

SOLE HOPE INC