HOPE & MAIN (EIN 272917974) - 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

2014

Legal Domicile

Principal Officer

LISA RAIOLA

Phone

4012457500

Tax Period

2024-07-01 to 2025-06-30

HOPE & MAIN, founded in 2014, is a community nonprofit in the Community Improvement sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum.

Mission

TO EMPOWER AN INCLUSIVE COMMUNITY OF ENTREPRENEURS TO JUMPSTART AND CULTIVATE THRIVING FOOD BUSINESSES THAT ARE THE FOUNDATION OF A MORE JUST, SUSTAINABLE AND RESILIENT LOCAL FOOD ECONOMY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,859,750

Program Service Revenue $1,005,273

Investment Income $0

Other Revenue $-508

TOTAL REVENUE $2,864,515

Expense Breakdown

Grants Paid $692,274

Salaries & Benefits $1,306,357

Fundraising Expenses $86,349

Program Expenses $2,672,744

Other Expenses $1,063,592

TOTAL EXPENSES $3,064,061

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,864,515	$1,863,573	+0.5%
Expenses	$3,064,061	$1,896,190	+0.6%
Net Income	$-199,546	$-32,617	+5.1%

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

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

$156,414

Total Directors

$47,977

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA RAIOLA MPH	PRESIDENT & CHAIR	2.00	Officer Director	$46,042	$1,935	$47,977
LISA BERGERON	VICE CHAIR	2.00	Officer Director	$0	$0	$0
INNA WALKER	TREASURER	2.00	Officer Director	$0	$0	$0
LANRE AJAKAIYE	SECRETARY	2.00	Officer Director	$0	$0	$0
KYLE ADAMONIS	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH BANALEWICZ	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM BIGELOW	DIRECTOR	1.00	Director	$0	$0	$0
TINO CHOW	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL GOLDBERG ESQ	DIRECTOR (THRU FEB 2025)	1.00	Director	$0	$0	$0
ROSAMOND LU	DIRECTOR	1.00	Director	$0	$0	$0
MAUREEN MALONEY	DIRECTOR	1.00	Director	$0	$0	$0
LUCA CARNEVALE	EXECUTIVE DIRECTOR	40.00	Officer	$103,217	$5,220	$108,437

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	$2,864,515	$3,064,061	$3,842,282	$-199,546
2024	$1,863,573	$1,896,190	$2,518,207	$-32,617
2024	No data	No data	No data	No data
2023	$1,653,386	$1,611,836	$2,480,495	$41,550
2022	$1,208,253	$1,267,540	$2,526,610	$-59,287
2021	$1,007,450	$1,120,546	$2,435,267	$-113,096
2020	$958,442	$1,037,176	$2,633,590	$-78,734
2019	$774,079	$934,858	$2,561,774	$-160,779
2018	$762,511	$888,974	$2,675,258	$-126,463

HOPE & MAIN