REASONS FOR HOPE INC (EIN 274385101) - 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

Phone

5078473886

Tax Period

2023-01-01 to 2023-12-31

REASONS FOR HOPE INC, founded in 2010, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 15% operating deficit.

Mission

Reasons for Hope exists to direct people to the biblical Jesus by offering HOPE!H: Helping Christians share the Gospel of Jesus Christ.O: Offsetting secular thinking with biblical truth.P: Providing resources that give biblical answers to real-world questions.E: Encouraging the church to rely on God's Word as the foundation of their thoughts, their words and their actions.

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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 $810,747

Program Service Revenue $160,779

Investment Income $133,558

Other Revenue $81,247

TOTAL REVENUE $1,186,331

Expense Breakdown

Grants Paid $0

Salaries & Benefits $722,643

Fundraising Expenses $0

Program Expenses $1,180,785

Other Expenses $646,472

TOTAL EXPENSES $1,369,115

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,186,331	$1,779,289	-0.3%
Expenses	$1,369,115	$1,305,211	+0.0%
Net Income	$-182,784	$474,078	-1.4%

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

$81,153

Total Directors

$81,153

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WADE WACKER	CEO	30.00	Officer Director	$43,100	$0	$43,100
CARL KERBY	President	60.00	Officer Director	$38,053	$0	$38,053
PAUL GRACEY	Director	0.00	Officer Director	$0	$0	$0
RANDY BAKER	Director	0.00	Officer 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	$1,186,331	$1,369,115	$1,394,988	$-182,784
2022	$1,779,289	$1,305,211	$1,676,373	$474,078
2021	$971,870	$888,653	$660,483	$83,217
2020	$731,985	$617,178	$339,265	$114,807
2019	$577,516	$584,264	$125,106	$-6,748
2018	$475,148	$416,003	$113,615	$59,145

REASONS FOR HOPE INC