The Chest of Hope Inc (EIN 331110800) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

The Chest of Hope Inc, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $808K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $891K exceeded revenue, resulting in a 10% operating deficit.

Mission

The organization builds community awareness to victims of domestic violence and human trafficking and empower the lives of the people we serve through providing safe home environment, counseling, education, intervention and supports.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $752,402

Program Service Revenue $55,083

Investment Income $0

Other Revenue $214

TOTAL REVENUE $807,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $388,975

Fundraising Expenses $0

Program Expenses $890,998

Other Expenses $502,023

TOTAL EXPENSES $890,998

Year-over-Year Comparison

	2023	2022	Change
Revenue	$807,699	$746,876	+0.1%
Expenses	$890,998	$686,563	+0.3%
Net Income	$-83,299	$60,313	-2.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$88,421

Total Directors

$88,421

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Merlyn Pittman	Executive Director	40.00	Officer Director	$88,421	$0	$88,421
Terrie Piazza	Director	10.00	Director	$0	$0	$0
Tom Kelly	Director	10.00	Director	$0	$0	$0
Stella Lackey	Director	10.00	Director	$0	$0	$0
Nuzhat Mir	Treasurer	10.00	Director	$0	$0	$0
Dani Bettencourt	President	10.00	Director	$0	$0	$0
Domingo Ramos	Vice President	10.00	Director	$0	$0	$0
Michelle Billings	Secretary	10.00	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
2023	$807,699	$890,998	$41,969	$-83,299
2022	$746,876	$686,563	$94,667	$60,313
2021	$661,858	$657,662	$39,461	$4,196
2020	$553,043	$523,168	$35,265	$29,875
2019	$530,403	$526,951	$5,390	$3,452

The Chest of Hope Inc