Hope Foundation Inc (EIN 320597514) - 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

2018

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Hope Foundation Inc, founded in 2018, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $100K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $135K exceeded revenue, resulting in a 35% operating deficit.

Mission

Hope Foundation exists as an integrated auxiliary of the Seventh Day Adventist Reform Movement church to support religious and educational missions work in any location of the world, to co-operate as a supporting organization as appropriate to our purpose as Hope Foundation with

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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 $6,719

Program Service Revenue $93,081

Investment Income $7

Other Revenue $0

TOTAL REVENUE $99,807

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $134,776

Other Expenses $134,776

TOTAL EXPENSES $134,776

Year-over-Year Comparison

	2023	2022	Change
Revenue	$99,807	$111,449	-0.1%
Expenses	$134,776	$106,675	+0.3%
Net Income	$-34,969	$4,774	-8.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dorival Dumitru	Board Director	10.00	Director	$0	$0	$0
David Zic	Board Director	10.00	Director	$0	$0	$0
Wilson Barros	CEO and Chairman	10.00	Officer Director	$0	$0	$0
Nancy Fountain	Treasurer and Secretary	10.00	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	$99,807	$134,776	$2,408,653	$-34,969
2022	$111,449	$106,675	$2,443,622	$4,774
2021	$106,019	$82,406	$2,439,273	$23,613
2020	$88,646	$68,961	$2,415,660	$19,685

Hope Foundation Inc