HOPE COMMUNITY INC OF WHITE LAKE (EIN 320265090) - 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

2008

Legal Domicile

Principal Officer

MARTIN WOODY

Phone

2484818240

Tax Period

2023-01-01 to 2023-12-31

HOPE COMMUNITY INC OF WHITE LAKE, founded in 2008, is a small nonprofit in the Human Services sector that reported $143K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

HOPE COMMUNITY EXISTS TO OFFER HOPE AND HEALING TO PEOPLE IN OUR REACH. THIS IS ACHIEVED THROUGH RELIGIOUS SERVICES, COUNSELING AND ASSISTING PEOPLE WHO ARE IN NEED OF PHYSICAL ASSISTANCE (FOOD/CLOTHING)

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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 $143,124

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $143,124

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,126

Fundraising Expenses $0

Program Expenses $154,614

Other Expenses $68,488

TOTAL EXPENSES $154,614

Year-over-Year Comparison

	2023	2022	Change
Revenue	$143,124	$182,628	-0.2%
Expenses	$154,614	$188,335	-0.2%
Net Income	$-11,490	$-5,707	+1.0%

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

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

$76,780

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTIN WOODY	PRESIDENT	45.00	Officer	$56,924	$12,420	$69,344
STEVEN MEADOWS	TREASURER	5.00	Officer	$0	$0	$0
SUSAN ELSHOLZ	FINANCIAL SECRETARY	3.00	Officer	$2,930	$0	$2,930
ARLENE BRAMBLETT	SECRETARY	4.00	Officer	$3,536	$0	$3,536
JANET KOGER	FINANCIAL SECRETARY	3.00	Officer	$970	$0	$970

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
2023	$143,124	$154,614	$263,747	$-11,490
2022	$182,628	$188,335	$270,901	$-5,707
2021	$214,797	$209,701	$276,608	$5,096
2020	$221,083	$220,747	$271,512	$336
2019	$231,121	$249,993	$271,633	$-18,872
2018	$245,503	$282,403	$290,519	$-36,900

HOPE COMMUNITY INC OF WHITE LAKE