NEW HOPE FAMILY SHELTER INC

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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

Principal Officer

NEIL POWELL

Phone

8123403052

Tax Period

2023-07-01 to 2024-06-30

NEW HOPE FAMILY SHELTER INC, founded in 2011, is a community nonprofit in the Housing & Shelter sector that reported $2.8M in total revenue in fiscal year 2023. The organization ran a surplus of $668K, a strong 24% operating margin.

Mission

TO PROVIDE YEAR ROUND TEMPORARY SHELTER FOR HOMESLESS FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $1,543,276 Revenue: $441,862

WE PROVIDE EMERGENCY SHELTER FOR UP TO 12 FAMILIES AT A TIME WHILE OUR DEDICATED TEAM OF SKILLED AND CARING PROFESSIONALS WORK WITH THOSE FAMILIES TO HELP THEM MOVE THROUGH HOMELESSNESS TO STABILITY. NEW HOPE IS THE ONLY PLACE IN MONROE COUNTY WHERE FAMILIES WITH CHILDREN CAN FIND SHELTER TOGETHER.

Program 2

Expenses: $587,340 Revenue: $168,164

NEW HOPE EARLY LEARNING CENTER IS A FULL-DAY CHILD CARE PROGRAM PROVIDING SMALL GROUP CARE FOR UP TO 54 CHILDREN AGES BIRTH TO FIVE YEARS OLD IN OUR NEW, LICENSED CENTER. OUR HIGHLY QUALIFIED...

NEW HOPE EARLY LEARNING CENTER IS A FULL-DAY CHILD CARE PROGRAM PROVIDING SMALL GROUP CARE FOR UP TO 54 CHILDREN AGES BIRTH TO FIVE YEARS OLD IN OUR NEW, LICENSED CENTER. OUR HIGHLY QUALIFIED TEACHING TEAM PROVIDES INDIVIDUALIZED, RELATIONSHIP-BASED CARE AND EDUCATION GROUNDED IN BEST PRACTICES. WE BELIEVE THAT EVERY CHILD DESERVES A PLACE TO FEEL SAFE, FEEL SEEN, AND FEEL RESPECTED.

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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 $2,136,785

Program Service Revenue $610,026

Investment Income $31,399

Other Revenue $20,316

TOTAL REVENUE $2,798,526

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,516,003

Fundraising Expenses $0

Program Expenses $2,130,616

Other Expenses $614,613

TOTAL EXPENSES $2,130,616

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,798,526	$2,816,569	0.0%
Expenses	$2,130,616	$1,874,849	+0.1%
Net Income	$667,910	$941,720	-0.3%

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

380

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

$92,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMANDA CRAFT	MEMBER	2.00	Director	$0	$0	$0
AMY STOLBERG	MEMBER	2.00	Director	$0	$0	$0
ANDY ALLARD	MEMBER	2.00	Director	$0	$0	$0
BEVERLY CALENDER-ANDERSON	MEMBER	2.00	Director	$0	$0	$0
BOBBY THRASHER	MEMBER	2.00	Director	$0	$0	$0
CHRIS SMITH	MEMBER	2.00	Director	$0	$0	$0
COLLEEN NEWBILL	MEMBER	2.00	Director	$0	$0	$0
CYRILLA HELM	MEMBER	2.00	Director	$0	$0	$0
GREG SMITH	MEMBER	2.00	Director	$0	$0	$0
JOHN HURLOW	MEMBER	2.00	Director	$0	$0	$0
JON BARADA	MEMBER	2.00	Director	$0	$0	$0
MARYANN VALENTA	MEMBER	2.00	Director	$0	$0	$0
PAUL QUICK	MEMBER	2.00	Director	$0	$0	$0
SARAH MILLER	MEMBER	2.00	Director	$0	$0	$0
SHATOYIA MOSS	MEMBER	2.00	Director	$0	$0	$0
EMILY PIKE	EXECUTIVE DIRECTOR	40.00	Officer	$86,776	$5,224	$92,000
SHERRY DUNBAR-KRUZAN	PRESIDENT	10.00	Officer	$0	$0	$0
JOHN MITCHELL	VICE PRESIDENT	10.00	Officer	$0	$0	$0
NEIL POWELL	TREASURER	10.00	Officer	$0	$0	$0
SUZANNE FUSON	SECRETARY	10.00	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	$2,798,526	$2,130,616	$5,697,772	$667,910
2023	$2,816,569	$1,874,849	$5,494,083	$941,720
2022	$3,205,622	$1,408,932	$5,839,076	$1,796,690
2021	$1,809,276	$1,260,083	$2,059,635	$549,193
2020	$931,222	$750,167	$1,532,517	$181,055
2019	$753,683	$523,632	$783,164	$230,051