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 feeding centers, schools, medical clinics and orphanages in various foreign countries to provide food, education, and medical support to indigent children and their families.
Kibera Slum in Nairobi, Kenya. NHI provides funds to: 1. New Hope Academy: NHI grants cover the entire operating cost of a full scholarship academy (400+ students pre-K thru grade 8) including...
Kibera Slum in Nairobi, Kenya. NHI provides funds to: 1. New Hope Academy: NHI grants cover the entire operating cost of a full scholarship academy (400+ students pre-K thru grade 8) including facilities, teachers, staff, supplies, and two meals / day for the students 2. Penda Project: NHI grants cover secondary school scholarships for 160+ students graduating from New Hope Academy to go to area high schools and another 20+ students to go to university 3. New Hope Clinic: NHI grants cover the cost of basic medical services to student and their families via a registered nurse 4. Project Biashara: NHI grants cover job training and micro-business loans for ~30 single mothers to produce and sell goods
Orphanage - Moribatown, Sierra Leone. NHI provides funds to care for 70+ children, many with special needs; costs include food, clothing, medical care, education, and the cost of staff / facilities
Olorien Community Clinic in Arusha, Tanzania. NHI provides funds for a full service medical facility seeing 200+ patients per day. NHI grants cover the cost of staff (3 doctors; 24 staff)...
Olorien Community Clinic in Arusha, Tanzania. NHI provides funds for a full service medical facility seeing 200+ patients per day. NHI grants cover the cost of staff (3 doctors; 24 staff), facilities, and equipment (lab, x-ray, ultrasound, minor operating room) Arusha Academy: We offer monthly support to enable indigent local students to attend this private fee based school
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 |
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