BEACON OF HOPE (EIN 300085138) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

JON OEGEMA

Phone

6165945380

Tax Period

2024-07-01 to 2025-06-30

BEACON OF HOPE, founded in 2002, is a small nonprofit in the Religion sector that reported $261K in total revenue in fiscal year 2024.

Mission

BEACON OF HOPE'S MISSION IS TO BE GOD'S HAND OFFERING CHRIST-CENTERED, INCLUSIVE, ACCESSIBLE AND PROFESSIONAL MENTAL HEALTH COUNSELING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $286,081

Program Service Revenue $0

Investment Income $643

Other Revenue $-25,283

TOTAL REVENUE $261,441

Expense Breakdown

Grants Paid $0

Salaries & Benefits $223,810

Fundraising Expenses $3,000

Program Expenses $198,510

Other Expenses $43,436

TOTAL EXPENSES $267,246

Year-over-Year Comparison

	2024	2023	Change
Revenue	$261,441	$251,401	+0.0%
Expenses	$267,246	$254,605	+0.0%
Net Income	$-5,805	$-3,204	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$94,268

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE L THOMPSON	EXECUTIVE DI	49.00	Officer	$90,878	$3,390	$94,268
ASHTON CAMPBELL	SECRETARY	2.00	Officer Director	$0	$0	$0
JON OEGEMA	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARIA TORRES	TREASURER	2.00	Officer Director	$0	$0	$0
DAVID FATHMAN	DIRECTOR	2.00	Director	$0	$0	$0
KIM SCHOLTEN	DIRECTOR	2.00	Director	$0	$0	$0
PAUL SCHOLTEN	DIRECTOR	2.00	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
2025	$261,441	$267,246	$245,099	$-5,805
2024	$251,401	$254,605	$261,024	$-3,204
2023	$279,174	$237,476	$276,667	$41,698
2022	$238,601	$211,897	$247,764	$26,704
2021	$266,309	$214,750	$232,271	$51,559
2020	$204,213	$206,693	$190,510	$-2,480
2019	$189,327	$197,591	$204,005	$-8,264

BEACON OF HOPE