PROVIDING HOPE INC

EIN: 274396289 501(c)(3)

RUMSON, NJ

Total Revenue
$-18,620
Total Expenses
$189,942
Total Assets
N/A
Net Assets
N/A
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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
NJ
Principal Officer
MARSHALL SHERMAN
Phone
7328903478
Tax Period
2023-01-01 to 2023-12-31

PROVIDING HOPE INC, founded in 2011, is a micro nonprofit that reported $19K in total revenue in fiscal year 2023. Revenue fell 484% from the prior year — a significant decline worth monitoring.

Mission

TO IMPROVVE THE HEALTH AND QUALITY IF LIFE OF INDIVIDUALS AND FAMILIES IN NJ WHO ARE FACING THE MANY CHALLENGES ASSOCIATED WITH DISABILITY, SERIOUS ILLNESS, TRAUMA

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-18,620
Other Revenue $0
TOTAL REVENUE $-18,620

Expense Breakdown

Grants Paid $189,227
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $189,942
Other Expenses $715
TOTAL EXPENSES $189,942

Year-over-Year Comparison

2023 2022 Change
Revenue $-18,620 $4,851 -4.8%
Expenses $189,942 $2,939 +63.6%
Net Income $-208,562 $1,912 -110.1%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATALIE SHERMAN DIRECTOR N/A
Director
$0 $0 $0
MARSHALL SHERMAN PRESIDENT N/A
Officer
$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
2023 $-18,620 $189,942 No data $-208,562
2022 $4,851 $2,939 $208,562 $1,912
2021 $14,473 $137,292 $207,595 $-122,819
2020 $65,341 $518,223 $332,439 $-452,882
2019 $345,471 $58,217 $786,272 $287,254
2018 $457,580 $7,065 $499,018 $450,515
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