Painting Hope

EIN: 272494956 501(c)(3) Education

Hampton, MN

Total Revenue
$70,385
Total Expenses
$116,635
Total Assets
$321,627
Net Assets
$321,627
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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
2011
Legal Domicile
MN
Phone
8778295500
Tax Period
2025-01-01 to 2025-12-31

Painting Hope, founded in 2011, is a micro nonprofit in the Education sector that reported $70K in total revenue in fiscal year 2025. Revenue surged 183% from the prior year, signaling strong growth momentum. Expenses of $117K exceeded revenue, resulting in a 66% operating deficit.

Mission

Painting Hope is a live art performance and presentation by Eric Samuel Timm that brings hope, inspiration, and empowerment to audiences internationally.

Program Service Accomplishments

Program 1
Expenses: $80,494 Revenue: $64,400

Painting hope offers this live art performances and messages for four fundraising initiatives in partnership with other non-profits to assist them in advocacy for the worlds most vulnerable children...

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Painting hope offers this live art performances and messages for four fundraising initiatives in partnership with other non-profits to assist them in advocacy for the worlds most vulnerable children through sponsorship, to support character development in Public and Private Schools with partnership with educators, and to corporate events for the inspiration and development of teams resulting in increased business productivity.

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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 (2025)

Revenue Breakdown

Contributions & Grants $64,400
Program Service Revenue $0
Investment Income $5,985
Other Revenue $0
TOTAL REVENUE $70,385

Expense Breakdown

Grants Paid $29,565
Salaries & Benefits $35,500
Fundraising Expenses $0
Program Expenses $80,494
Other Expenses $51,570
TOTAL EXPENSES $116,635

Year-over-Year Comparison

2025 2024 Change
Revenue $70,385 $24,886 +1.8%
Expenses $116,635 $318,934 -0.6%
Net Income $-46,250 $-294,048 -0.8%
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
4
Independent Members
4
Employees
N/A
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
1
$35,500
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eric Timm President 20.00
Officer
$35,500 $0 $35,500
Danielle Timm Vice-President 0.00
Director
$0 $0 $0
Andy Cass Treasurer 0.00
Director
$0 $0 $0
Christy Cass Secretary 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
2025 $70,385 $116,635 $321,627 $-46,250
2024 $24,886 $318,934 $360,512 $-294,048
2023 $630,392 $726,813 $674,458 $-96,421
2022 $796,152 $341,807 $775,589 $454,345
2021 $333,788 $105,424 $328,151 $228,364
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