Hope Springs Counseling Center (EIN 274369147) - 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

2010

Legal Domicile

Principal Officer

Wanda Day

Phone

8592425201

Tax Period

2023-01-01 to 2023-12-31

Hope Springs Counseling Center, founded in 2010, is a small nonprofit in the Mental Health sector that reported $443K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

Provide affordable counseling services to those in our community.

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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 $1,644

Program Service Revenue $437,691

Investment Income $0

Other Revenue $3,859

TOTAL REVENUE $443,194

Expense Breakdown

Grants Paid $0

Salaries & Benefits $191,925

Fundraising Expenses $0

Program Expenses $308,902

Other Expenses $250,811

TOTAL EXPENSES $442,736

Year-over-Year Comparison

	2023	2022	Change
Revenue	$443,194	$362,594	+0.2%
Expenses	$442,736	$372,964	+0.2%
Net Income	$458	$-10,370	-1.0%

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

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

$74,713

Total Directors

$74,713

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Wanda Day	Executive Dir.	40.00	Officer Director	$74,713	$0	$74,713
Shannon Callahan	Chairman	2.00	Officer Director	$0	$0	$0
Dan Harrington	Secretary	2.00	Officer Director	$0	$0	$0
Kathy Denmark	Director	1.00	Director	$0	$0	$0
Jason Duncan	Director	1.00	Director	$0	$0	$0
Amanda Carter	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	$443,194	$442,736	$43,667	$458
2022	$362,594	$372,964	$53,718	$-10,370
2021	$286,867	$267,170	$37,056	$19,697
2020	$189,630	$202,291	$32,410	$-12,661
2019	$200,258	$196,525	$26,752	$3,733

Hope Springs Counseling Center