New Hope Ministries India Inc

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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

Ratnam Philip

Phone

3174459722

Tax Period

2023-01-01 to 2023-12-31

New Hope Ministries India Inc, founded in 2010, is a small nonprofit in the International Affairs sector that reported $489K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $447K left a modest 9% surplus.

Mission

To raise money to help India and other countries with housing, orphanages, education, hospitalization, schools, social work and other necessities.

Program Service Accomplishments

Program 1

Expenses: $432,940 Revenue: $488,863

Funds were raised and sent to various not for profit organizations and individuals to align with mission activities.

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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 $488,863

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $488,863

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $432,940

Other Expenses $446,900

TOTAL EXPENSES $446,900

Year-over-Year Comparison

	2023	2022	Change
Revenue	$488,863	$875,484	-0.4%
Expenses	$446,900	$406,538	+0.1%
Net Income	$41,963	$468,946	-0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ratnam Philip	President	5.00	Officer Director	$0	$0	$0
Alexander Philip	Vice President	1.00	Officer Director	$0	$0	$0
Samuel Papabathini	Secretary	1.00	Officer Director	$0	$0	$0
Daniel Hanan Papabathini	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
2023	$488,863	$446,900	$1,494,325	$41,963
2022	$875,484	$406,538	$1,452,362	$468,946
2021	$1,352,788	$439,230	$983,416	$913,558
2020	$316,340	$304,108	$69,858	$12,232
2019	$475,521	$437,495	$57,626	$38,026
2018	$270,227	$294,214	$19,600	$-23,987