Advent Hope Ventures Inc

EIN: 273773953 501(c)(3) Food, Agriculture & Nutrition

New York, NY

Total Revenue
$226,145
Total Expenses
$271,842
Total Assets
$65,151
Net Assets
$65,151
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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
NY
Principal Officer
K Todd Stout
Phone
9515446751
Tax Period
2023-01-01 to 2023-12-31

Advent Hope Ventures Inc, founded in 2011, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $226K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $272K exceeded revenue, resulting in a 20% operating deficit.

Mission

Advent Hope Ventures incubates and cultivates wholistic gospel-centered communities, missional leaders, and public college campus chaplains in urban areas.

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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 (2023)

Revenue Breakdown

Contributions & Grants $226,087
Program Service Revenue $0
Investment Income $0
Other Revenue $58
TOTAL REVENUE $226,145

Expense Breakdown

Grants Paid $0
Salaries & Benefits $101,016
Fundraising Expenses $30,701
Program Expenses $119,368
Other Expenses $170,826
TOTAL EXPENSES $271,842

Year-over-Year Comparison

2023 2022 Change
Revenue $226,145 $266,185 -0.2%
Expenses $271,842 $215,440 +0.3%
Net Income $-45,697 $50,745 -1.9%
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

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Governance

Voting Members
4
Independent Members
3
Employees
1
Volunteers
45

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
3
$30,000
Total Directors
4
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth Todd Stout President 015.00
Officer Director
$30,000 $0 $30,000
Greg King Treasurer 002.00
Officer Director
$0 $0 $0
Alex Espana Secretary 002.00
Officer Director
$0 $0 $0
Yamil Rosario Director 002.00
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 $226,145 $271,842 $65,151 $-45,697
2022 $266,185 $215,440 $110,895 $50,745
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