Fostering Hope Inc (EIN 342003272) - 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

2004

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

Fostering Hope Inc, founded in 2004, is a small nonprofit in the Human Services sector that reported $196K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $35K, a strong 18% operating margin.

Mission

Provide facility, clothing and personal care items to numerous displaced children of Horry County. Create foster care awareness. Multiple organizations are visited monthly.

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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 $176,108

Program Service Revenue $0

Investment Income $374

Other Revenue $19,916

TOTAL REVENUE $196,398

Expense Breakdown

Grants Paid $0

Salaries & Benefits $69,310

Fundraising Expenses $0

Program Expenses $136,234

Other Expenses $92,163

TOTAL EXPENSES $161,473

Year-over-Year Comparison

	2023	2022	Change
Revenue	$196,398	$282,706	-0.3%
Expenses	$161,473	$93,874	+0.7%
Net Income	$34,925	$188,832	-0.8%

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
Estelle Shelton	Board Director	40.00	Highest	$64,385	$0	$64,385
Christene Pippen	Board	2.00	Officer	$0	$0	$0
Ned Moore	Board	2.00	Officer	$0	$0	$0
Alan Stein	President	10.00	Officer	$0	$0	$0
Mary Beth Halvorson	Secretary - Treasurer	2.00	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
2025	No data	No data	No data	No data
2024	$196,398	$161,473	$1,112,975	$34,925
2023	$282,706	$93,874	$1,078,050	$188,832
2022	$234,261	$94,353	$889,218	$139,908
2021	$238,951	$81,172	$749,310	$157,779
2020	$197,597	$80,184	$591,531	$117,413
2019	$185,239	$65,222	$530,388	$120,017

Fostering Hope Inc