HOPE ADVANCEMENT INC (EIN 320360887) - 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

2011

Legal Domicile

Principal Officer

JESSE CASLER

Phone

7174643220

Tax Period

2023-01-01 to 2023-12-31

HOPE ADVANCEMENT INC, founded in 2011, is a mid-sized nonprofit in the International Affairs sector that reported $12.7M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.2M, a strong 88% operating margin.

Mission

TO HOLD, DEVELOP AND MANAGE INVESTMENTS IN MICROENTERPRISE DEVELOPMENT ORGANIZATIONS ON BEHALF OF AND TO ADVANCE THE PURPOSES OF HOPE INTERNATIONAL IN A MANNER CONSISTENT WITH THE CHARITABLE OBJECTIVES OF HOPE INTERNATIONAL.

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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 $12,322,317

Program Service Revenue $0

Investment Income $226,372

Other Revenue $122,771

TOTAL REVENUE $12,671,460

Expense Breakdown

Grants Paid $652,158

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,444,137

Other Expenses $850,842

TOTAL EXPENSES $1,503,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,671,460	$8,655,847	+0.5%
Expenses	$1,503,000	$1,515,930	0.0%
Net Income	$11,168,460	$7,139,917	+0.6%

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

N/A

Employees

N/A

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

$402,446

Total Directors

$402,446

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER GREER	PRESIDENT	0.50	Officer Director	$0	$36,592	$178,492
JESSE CASLER	TREASURER	0.50	Officer Director	$0	$31,232	$114,837
MICAH CRIST	SECRETARY	0.50	Officer Director	$0	$25,364	$109,117

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	$12,671,460	$1,503,000	$31,990,859	$11,168,460
2022	$8,655,847	$1,515,930	$22,546,257	$7,139,917
2021	$9,884,455	$127,688	$22,610,028	$9,756,767
2020	$6,980,890	$347,621	$14,995,704	$6,633,269
2019	$6,091,098	$-31,142	$12,652,400	$6,122,240
2018	$4,286,881	$34,319	$9,870,746	$4,252,562

HOPE ADVANCEMENT INC