LYNN HOPE INDUSTRIES INC (EIN 341050754) - 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

1970

Legal Domicile

Principal Officer

SHERRY MACKEY

Phone

3306740556

Tax Period

2023-01-01 to 2023-12-31

LYNN HOPE INDUSTRIES INC, founded in 1970, is a small nonprofit in the Employment sector that reported $145K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $308K exceeded revenue, resulting in a 113% operating deficit.

Mission

TO PROVIDE SHELTERED EMPLOYMENT FOR HOLMES COUNTY'S DEVELOPMENTALLY DISABLED ADULTS.

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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 $141,575

Investment Income $921

Other Revenue $2,312

TOTAL REVENUE $144,808

Expense Breakdown

Grants Paid $0

Salaries & Benefits $240,175

Fundraising Expenses $0

Program Expenses $195,845

Other Expenses $67,861

TOTAL EXPENSES $308,036

Year-over-Year Comparison

	2023	2022	Change
Revenue	$144,808	$288,418	-0.5%
Expenses	$308,036	$414,567	-0.3%
Net Income	$-163,228	$-126,149	+0.3%

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

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

$78,234

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GABE AUFRANCE	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
CONNOR LEE	BOARD MEMBER	1.00	Director	$0	$0	$0
ZACH MATHIE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SHERRY MACKEY	DIRECTOR OF OPERATIONS	30.00	Officer	$33,819	$0	$33,819
CHRISTINE HART	SECRETARY / FISCAL CLERK	40.00	Officer	$40,960	$3,455	$44,415

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	$144,808	$308,036	$254,265	$-163,228
2022	$288,418	$414,567	$414,793	$-126,149
2021	$432,918	$449,502	$550,024	$-16,584
2020	$432,102	$416,716	$577,095	$15,386
2019	$551,883	$565,530	$570,555	$-13,647
2018	$566,944	$491,904	$564,624	$75,040

LYNN HOPE INDUSTRIES INC