HOP QUALITY GROUP INC (EIN 274271583) - 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

2011

Legal Domicile

Principal Officer

BEN BAILEY

Phone

7075452337

Tax Period

2023-01-01 to 2023-12-31

HOP QUALITY GROUP INC, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $243K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $211K left a modest 13% surplus.

Mission

PROMOTE IMPROVEMENTS OF HOP QUALITY.

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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 $2,650

Program Service Revenue $239,666

Investment Income $0

Other Revenue $1,089

TOTAL REVENUE $243,405

Expense Breakdown

Grants Paid $136,000

Salaries & Benefits $11,299

Fundraising Expenses $0

Other Expenses $63,994

TOTAL EXPENSES $211,293

Year-over-Year Comparison

	2023	2022	Change
Revenue	$243,405	$217,064	+0.1%
Expenses	$211,293	$185,779	+0.1%
Net Income	$32,112	$31,285	+0.0%

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

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
JAMIE FLOYD	PRESIDENT	3.00	Officer Director	$0	$0	$0
JEREMY MONIER	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
BENJAMIN BAILEY	TREASURER	3.00	Officer Director	$0	$0	$0
JOE MOHRFELD	SECRETARY	3.00	Officer Director	$0	$0	$0
PATRICK CHAVANELLE	MEMBER AT LARGE	3.00	Director	$0	$0	$0
ALEC MULL	PAST PRESIDENT	3.00	Director	$0	$0	$0
SAM PECORARO	MEMBER AT LARGE	3.00	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	$243,405	$211,293	$341,041	$32,112
2022	$217,064	$185,779	$334,705	$31,285
2021	$203,150	$249,853	$300,535	$-46,703
2019	$216,816	$134,871	$282,438	$81,945

HOP QUALITY GROUP INC