ACADEMY OF HOPE INC (EIN 274513230) - 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

2009

Legal Domicile

Principal Officer

MELISSA MCCLOUD

Phone

8433975719

Tax Period

2023-07-01 to 2024-06-30

ACADEMY OF HOPE INC, founded in 2009, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2023. Expenses of $1.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO MAXIMIZE THE POTENTIAL INHERENT IN EVERY STUDENT BY BUILDING CHARACTER, PROMOTING CRITICAL THINKING, ENCOURAGING INTELLECTUAL CURIOSITY, CULTIVATING ENTREPRENEURSHIP AND INSTILLING A SENSE OF GLOBAL RESPONSIBILITY.

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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 $1,719,788

Program Service Revenue $4,139

Investment Income $-10,520

Other Revenue $0

TOTAL REVENUE $1,713,407

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,391,237

Fundraising Expenses $744

Program Expenses $1,349,497

Other Expenses $535,255

TOTAL EXPENSES $1,926,492

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,713,407	$1,647,257	+0.0%
Expenses	$1,926,492	$1,731,476	+0.1%
Net Income	$-213,085	$-84,219	+1.5%

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

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

$110,250

Total Directors

$110,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA MCCLOUD	EXEC DIRECTOR/PRINCIPAL	40.00	Officer Director	$110,250	$0	$110,250
MARVIN KEENE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DELORIS ROZIER	CHAIR	1.00	Officer Director	$0	$0	$0
MIRIAM BERROUET	BOARD MEMBER	1.00	Director	$0	$0	$0
LARRY WHITE	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM MILLER	TREASURER	1.00	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
2025	No data	No data	No data	No data
2024	$1,713,407	$1,926,492	$323,257	$-213,085
2023	$1,647,257	$1,731,476	$550,337	$-84,219
2022	$1,983,814	$1,764,729	$658,657	$219,085
2021	$1,994,987	$1,753,655	$1,271,014	$241,332
2020	$1,649,274	$1,704,429	$955,758	$-55,155
2019	$1,657,141	$1,663,428	$681,647	$-6,287
2018	$1,586,490	$1,661,938	$1,155,570	$-75,448

ACADEMY OF HOPE INC