NEW HOPE CLINIC INC

EIN: 311614379 501(c)(3) Health Care

SOUTHPORT, NC

Total Revenue
$750,083
Total Expenses
$730,854
Total Assets
$1,336,549
Net Assets
$1,297,149
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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
1998
Legal Domicile
NC
Principal Officer
CHERIE BROWNING
Phone
9108455333
Tax Period
2025-01-01 to 2025-12-31

NEW HOPE CLINIC INC, founded in 1998, is a small nonprofit in the Health Care sector that reported $750K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year.

Mission

NEW HOPE CLINIC'S MISSION IS TO PROVIDE PATIENT-CENTERED HEALTHCARE AND WELLNESS SERVICES FOR UNDERSERVED ADULTS.

Program Service Accomplishments

Program 1
Expenses: $628,860 Revenue: $173,320

NEW HOPE CLINIC'S MISSION IS TO PROVIDE PATIENT-CENTERED HEALTHCARE AND WELLNESS SERVICES FOR UNDERSERVED ADULTS. SERVICES INCLUDE PRIMARY AND SPECIALTY MEDICAL CARE, DENTAL CARE, PRESCRIPTION...

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NEW HOPE CLINIC'S MISSION IS TO PROVIDE PATIENT-CENTERED HEALTHCARE AND WELLNESS SERVICES FOR UNDERSERVED ADULTS. SERVICES INCLUDE PRIMARY AND SPECIALTY MEDICAL CARE, DENTAL CARE, PRESCRIPTION MEDICATIONS, HEALTH EDUCATION, AND CARE COORDINATION. IN 2025, STAFF AND 96 HEALTHCARE PROFESSIONAL AND OTHER NON-PROFESSIONAL VOLUNTEERS PROVIDED 1,995 VISITS FOR 434 UNDUPLICATED INDIVIDUALS.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $554,395
Program Service Revenue $173,320
Investment Income $8,681
Other Revenue $13,687
TOTAL REVENUE $750,083

Expense Breakdown

Grants Paid $0
Salaries & Benefits $470,816
Fundraising Expenses $27,352
Program Expenses $628,860
Other Expenses $260,038
TOTAL EXPENSES $730,854

Year-over-Year Comparison

2025 2024 Change
Revenue $750,083 $807,701 -0.1%
Expenses $730,854 $727,899 +0.0%
Net Income $19,229 $79,802 -0.8%
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

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Governance

Voting Members
10
Independent Members
10
Employees
10
Volunteers
96

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
5
$93,473
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERIE BROWNING CHAIR 1.00
Officer Director
$0 $0 $0
DARYL TURLINGTON VICE CHAIR 1.00
Officer Director
$0 $0 $0
BOB BENEDICT TREASURER 1.00
Officer Director
$0 $0 $0
JUNE BAKER SECRETARY 1.00
Officer Director
$0 $0 $0
GRETCHEN BODINSKY DIRECTOR 1.00
Director
$0 $0 $0
JOHN GOLDSWORTH DIRECTOR 1.00
Director
$0 $0 $0
MYRIAM CONLEY DIRECTOR 1.00
Director
$0 $0 $0
YVONNE HATCHER DIRECTOR 1.00
Director
$0 $0 $0
RHONDA MINOR DIRECTOR 1.00
Director
$0 $0 $0
DAVID PEARCE DIRECTOR 1.00
Director
$0 $0 $0
SHEILA ROBERTS EXECUTIVE DIRECTOR 40.00
Officer
$90,750 $2,723 $93,473
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 $750,083 $730,854 $1,336,549 $19,229
2024 $807,701 $727,899 $1,338,887 $79,802
2023 $874,712 $775,499 $1,266,412 $99,213
2022 $656,191 $677,100 $1,137,505 $-20,909
2021 $500,188 $659,011 $1,150,029 $-158,823
2020 $902,234 $724,505 $1,295,160 $177,729
2019 $542,006 $531,301 $1,109,181 $10,705
2018 $524,431 $473,131 $1,105,692 $51,300
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