READING, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOPE ON A STRING, founded in 2011, is a small nonprofit in the International Affairs sector that reported $296K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $599K exceeded revenue, resulting in a 102% operating deficit.
WE SEEK TO FOSTER AN ENVIRONMENT OF SOCIAL TRANSFORMATION AND ECONOMIC DEVELOPMENT IN HAITI THROUGH PARTICIPATION IN MUSIC. MUSIC IS A KEY PILLAR OF HAITIAN CULTURE, SERVING NOT ONLY AS AN EMOTIONAL OUTLET AND A HEALING MECHANISM FOR INDIVIDUALS AND COMMUNITIES BUT ALSO AS A UNIVERSALLY-ACCESSIBLE VEHICLE FOR GALVANIZING COMMUNITY UNITY. WE BELIEVE IN BUILDING COMMUNITY ENGAGEMENT THROUGH PARTICIPATION IN MUSIC AND FACILITATING SUPPORT FOR COMMUNITY-DRIVEN INITIATIVES. IN OUR MODEL, MUSIC EXCELLENCE IN INDIVIDUALS IS A POTENTIAL BY-PRODUCT OF OUR ULTIMATE GOAL: COMMUNITY ENGAGEMENT IN SOCIAL ISSUES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $295,811 | $620,017 | -0.5% |
| Expenses | $598,937 | $528,676 | +0.1% |
| Net Income | $-303,126 | $91,341 | -4.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| VALERIE NOISETTE | EXECUTIVE DIRECTOR | 40 |
Officer
Director
|
$71,135 | $0 | $71,135 |
| STACIE KOSINSKI | CO-CHAIR | 1 |
Officer
Director
|
$0 | $0 | $0 |
| EDWARD FAUSTIN | CO-CHAIR | 1 |
Officer
Director
|
$0 | $0 | $0 |
| JANET CORNELL | SECRETARY | 1 |
Officer
Director
|
$0 | $0 | $0 |
| CASSANDRO JOSENEY | TREASURER | 1 |
Director
|
$0 | $0 | $0 |
| BENNETT RATHBUN | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| PIERRE IMBERT | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| BETH BLAZICK | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| CHERIE ABBANAT | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $295,811 | $598,937 | $222,775 | $-303,126 |
| 2022 | $620,017 | $528,676 | $511,873 | $91,341 |
| 2021 | $232,646 | $501,654 | $433,185 | $-269,008 |
| 2020 | $649,302 | $454,736 | $702,194 | $194,566 |
| 2019 | $729,629 | $560,551 | $494,648 | $169,078 |
| 2018 | $604,754 | $597,290 | $325,612 | $7,464 |
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