LIGHT OF HOPE INC (EIN 320593121) - 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

2019

Legal Domicile

Principal Officer

KRISTIN RENAE

Phone

9549514673

Tax Period

2023-01-01 to 2023-12-31

LIGHT OF HOPE INC, founded in 2019, is a mid-sized nonprofit in the Health Care sector that reported $17.4M in total revenue in fiscal year 2023. Revenue surged 441% from the prior year, signaling strong growth momentum. Expenses of $16.0M left a modest 8% surplus.

Mission

THIS CORP WILL WORK INDEPENDENTLY AND OR IN COOPERATION WITH LIKE-MINDED ORGANIZATIONS TO PROVIDE COUNSELING, CASE MANAGEMENT TESTING, LINKAGE TO CARE, PRIMARY CARE, AND MEDICATIONS TO INDIVIDUALS WITH OR EXPOSED TO STI'S

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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 $0

Program Service Revenue $17,258,799

Investment Income $144,462

Other Revenue $-20

TOTAL REVENUE $17,403,241

Expense Breakdown

Grants Paid $0

Salaries & Benefits $868,471

Fundraising Expenses $0

Other Expenses $15,131,904

TOTAL EXPENSES $16,000,375

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,403,241	$3,215,863	+4.4%
Expenses	$16,000,375	$2,001,854	+7.0%
Net Income	$1,402,866	$1,214,009	+0.2%

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

N/A

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

$93,681

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTIN RENAE	VICE PRESIDENT	5.00	Officer	$93,681	$0	$93,681
DANIEL MONAHAN	CHAIRMAN	1.00	Officer	$0	$0	$0
CHRISTIAN CASTRO	TREASURER	1.00	Officer	$0	$0	$0
JOHN DOUMAR	SECRETARY	1.00	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	No data	No data	No data	No data
2023	$17,403,241	$16,000,375	$7,389,194	$1,402,866
2022	$3,215,863	$2,001,854	$5,930,052	$1,214,009
2021	$3,088,471	$1,107,451	$4,694,280	$1,981,020
2020	$2,829,721	$484,355	$2,679,917	$2,345,366
2019	$409,601	$81,659	$327,942	$327,942

LIGHT OF HOPE INC