Hope Chest for Women Inc (EIN 331033038) - 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

2003

Legal Domicile

Principal Officer

Portia Sutton

Phone

8287083017

Tax Period

2022-01-01 to 2022-12-31

Hope Chest for Women Inc, founded in 2003, is a small nonprofit in the Human Services sector that reported $221K in total revenue in fiscal year 2022.

Mission

The Hope Chest for Women provides financial assistance, education and emotional support to women in Western North Carolina diagnosed with breast or gynecologic cancer who are experiencing economic difficulties due to treatment costs.

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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 (2022)

Revenue Breakdown

Contributions & Grants $208,751

Program Service Revenue $0

Investment Income $31

Other Revenue $11,839

TOTAL REVENUE $220,621

Expense Breakdown

Grants Paid $114,691

Salaries & Benefits $75,081

Fundraising Expenses $4,434

Program Expenses $203,641

Other Expenses $42,105

TOTAL EXPENSES $231,877

Year-over-Year Comparison

	2022	2021	Change
Revenue	$220,621	N/A	N/A
Expenses	$231,877	N/A	N/A
Net Income	$-11,256	N/A	N/A

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

$52,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kim Battle	Executive Director	45.00	Officer	$52,000	$0	$52,000
Debbie Burchfield	Chair	4.00	Officer Director	$0	$0	$0
Karen Turner	Secretary	4.00	Officer Director	$0	$0	$0
Portia Sutton	Treasurer	4.00	Officer Director	$0	$0	$0
Nathan Williams MD	Founder	2.00	Director	$0	$0	$0
Donna Cottrell	Board	1.00	Director	$0	$0	$0
Tony Newsome CWCA	Board	1.00	Director	$0	$0	$0
Al Williams	Board	1.00	Director	$0	$0	$0
Joni Marion	Board	1.00	Director	$0	$0	$0
Tim Bennett	Board	1.00	Director	$0	$0	$0
Diana Slagle	Board	1.00	Director	$0	$0	$0
Cynthia M Fuller	Board	1.00	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
2022	$220,621	$231,877	$299,522	$-11,256
2020	$260,948	$208,538	$294,182	$52,410
2019	$234,423	$189,378	$245,185	$45,045
2018	$218,500	$202,059	$194,239	$16,441

Hope Chest for Women Inc