NEW HOPE CHILD CARE

🔒

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

2019

Legal Domicile

Principal Officer

JORDAN MATTESON

Phone

2188837311

Tax Period

2024-01-01 to 2024-12-31

NEW HOPE CHILD CARE, founded in 2019, is a small nonprofit in the Education sector that reported $423K in total revenue in fiscal year 2024.

Mission

TO PROVIDE A SAFE ENVIRONMENT AND STRUCTURED LEARNING THROUGH ORGANIZED LIKE-MINDED STAFF THAT OFFERS A WARM AND LOVING ATMOSPHERE FOR CHILDREN AGES 6 WEEKS TO THE FIRST DAY BEFORE KINDERGARTEN TO GROW AND LEARN.

Program Service Accomplishments

Program 1

Expenses: $369,208 Revenue: $348,264

CHILDCARE CENTER PROVIDING INFANT CARE, TODDLER CARE AND PRESCHOOL FOR FAMILIES IN THE NORTHLAND.

Program 2

Expenses: $27,888 Revenue: $27,888

PROVIDE WHOLESOME MEALS AND SNACKS THAT MEET FEDERAL AND STATE REQUIREMENTS AND GUIDELINES ESTABLISHED BY THE UNITES STATES DEPARTMENT OF AGRICULTURE.

🔒

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 $47,137

Program Service Revenue $376,152

Investment Income $0

Other Revenue $0

TOTAL REVENUE $423,289

Expense Breakdown

Grants Paid $0

Salaries & Benefits $312,271

Fundraising Expenses $0

Program Expenses $397,096

Other Expenses $136,520

TOTAL EXPENSES $448,791

Year-over-Year Comparison

	2024	2023	Change
Revenue	$423,289	$400,334	+0.1%
Expenses	$448,791	$315,655	+0.4%
Net Income	$-25,502	$84,679	-1.3%

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

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

$107,656

Total Directors

$63,233

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEIDI MATTESON	PRESIDENT	45.00	Officer Director	$63,233	$0	$63,233
JORDAN MATTESON	TREASURER	45.00	Officer	$44,423	$0	$44,423
MARK KALLIO	SECRETARY	2.00	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
2024	$423,289	$448,791	$67,911	$-25,502
2023	$400,334	$315,655	$115,258	$84,679