Kingwood, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW HOPE INITIATIVE INC, founded in 2010, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.6M exceeded revenue, resulting in a 30% operating deficit.
As a Christian ministry, establish and support: feeding centers, schools, medical clinics, and orphanages in various countries to provide food, education, medical and spiritual support to indigent children and their families.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,224,993 | $1,106,496 | +0.1% |
| Expenses | $1,591,289 | $1,175,325 | +0.4% |
| Net Income | $-366,296 | $-68,829 | +4.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Sandy Baird | Exec Director | 30 |
Director
|
$66,000 | $0 | $66,000 |
| David Belk | Board Member | 15 |
Director
|
$24,472 | $0 | $24,472 |
| James Wagstaff | Chair | 15 |
Director
|
$24,472 | $0 | $24,472 |
| Karen Baird | Exec Board | 12 |
Director
|
$0 | $0 | $0 |
| Tom Maine | Vice Chair | 6 |
Director
|
$0 | $0 | $0 |
| Luke Bondy | Treasurer | 6 |
Director
|
$0 | $0 | $0 |
| Cheryl Wood | Secretary | 2.00 |
Director
|
$0 | $0 | $0 |
| Logan Ashcraft | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Kelsey Baird | Board member | 5 |
Director
|
$0 | $0 | $0 |
| Dr Robert Byemba | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Kristin Cope | Board member | 1 |
Director
|
$0 | $0 | $0 |
| Christi Davis | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Susan Griffin | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Gerard Monsivaiz | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| TJ Walter | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,224,993 | $1,591,289 | $144,167 | $-366,296 |
| 2022 | $1,106,496 | $1,175,325 | $512,523 | $-68,829 |
| 2021 | $1,070,573 | $911,060 | $581,228 | $159,513 |
| 2020 | $1,542,145 | $1,061,742 | $719,715 | $480,403 |
Compare NEW HOPE INITIATIVE INC with other nonprofits in Texas and across the country.