Hope of Glory Ministries Inc (EIN 311766003) - Form 990 Financial Analysis & Trantor Score

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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

2001

Legal Domicile

Phone

2523216857

Tax Period

2023-01-01 to 2023-12-31

Hope of Glory Ministries Inc, founded in 2001, is a community nonprofit in the Religion sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $338K, a strong 27% operating margin.

Mission

Hope of Glory Ministries is committed to sharing the gospel of Jesus Christ, relieving burdens, and empowering families towards lasting change.

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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 $711,948

Program Service Revenue $558,928

Investment Income $96

Other Revenue $-3,076

TOTAL REVENUE $1,267,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $388,685

Fundraising Expenses $12,912

Program Expenses $784,879

Other Expenses $541,131

TOTAL EXPENSES $929,816

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,267,896	$900,260	+0.4%
Expenses	$929,816	$776,680	+0.2%
Net Income	$338,080	$123,580	+1.7%

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

130

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	President	0.5	Officer Director	$0	$0	$0
N/A	Secretary/Treasurer	0.5	Officer Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	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
2024	No data	No data	No data	No data
2023	$1,267,896	$929,816	$1,160,733	$338,080
2022	$900,260	$776,680	$834,522	$123,580
2021	$848,471	$741,859	$688,363	$106,612
2020	$727,007	$607,573	$587,664	$119,434
2019	$629,432	$610,629	$461,264	$18,803
2018	$638,650	$594,403	$448,427	$44,247

Hope of Glory Ministries Inc