NEW HOPE OF INDIANA INC (EIN 351733591) - 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

1988

Legal Domicile

Principal Officer

ALLISON WHARRY

Phone

3172223220

Tax Period

2024-07-01 to 2025-06-30

NEW HOPE OF INDIANA INC, founded in 1988, is a mid-sized nonprofit that reported $36.3M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.0M, a strong 17% operating margin.

Mission

NEW HOPE OF INDIANA, INC. IS A LEADER IN PROVIDING HOLISTIC SERVICES AND RESOURCES TO PERSONS WITH DISABILITIES AND THEIR FAMILIES WHILE ADVOCATING TO ADVANCE THE OPPORTUNITIES FOR THOSE IN NEED OF SUPPORT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,092,828

Program Service Revenue $29,653,932

Investment Income $554,953

Other Revenue $-21,826

TOTAL REVENUE $36,279,887

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,844,785

Fundraising Expenses $296,154

Program Expenses $25,954,197

Other Expenses $5,432,857

TOTAL EXPENSES $30,277,642

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,279,887	$29,888,153	+0.2%
Expenses	$30,277,642	$28,996,627	+0.0%
Net Income	$6,002,245	$891,526	+5.7%

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

497

Volunteers

317

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

$440,202

Total Directors

$265,802

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN COOK	BOARD CHAIR	0.20	Officer Director	$0	$0	$0
SHERI ALEXANDER	VICE CHAIR	0.20	Officer Director	$0	$0	$0
ALAN O'REAR	TREASURER/SECRETARY	0.20	Officer Director	$0	$0	$0
AUDRA BLASDEL	DIRECTOR	0.20	Director	$0	$0	$0
LORAINE BROWN	DIRECTOR	0.20	Director	$0	$0	$0
SR FRANCINE BROWN	DIRECTOR EMERITUS-NONVOTING	0.20	Director	$0	$0	$0
TIMOTHY COOK	DIRECTOR	0.20	Director	$0	$0	$0
DARYL DAUGHTERY	DIRECTOR	0.20	Director	$0	$0	$0
DENISE IRONS	DIRECTOR	0.20	Director	$0	$0	$0
JOSE LUSENDE	DIRECTOR	0.20	Director	$0	$0	$0
JENNIFER NORTHERN	DIRECTOR	0.20	Director	$0	$0	$0
SHAUNNA REDD	DIRECTOR	0.20	Director	$0	$0	$0
SUSAN ROBINSON	DIRECTOR EMERITUS-NONVOTING	0.20	Director	$0	$0	$0
WILLIAM STINSON	DIRECTOR	0.20	Director	$0	$0	$0
PARKER WILLIS	DIRECTOR	0.20	Director	$0	$0	$0
WILLIAM WOOD	DIRECTOR	0.20	Director	$0	$0	$0
ALLISON WHARRY	CEO	40.00	Officer Director	$238,765	$27,037	$265,802
LAURA J TOMLIN	CFO	40.00	Officer	$155,107	$19,293	$174,400
JENNIFER PFEIL	FUND DEVELOPER	40.00	Highest	$128,300	$23,162	$151,462
KIKELOMO OGUNMAKINWA	DSP	101.00	Highest	$124,299	$11,276	$135,575
DEBORAH AJAYI	DSP	99.00	Highest	$123,043	$17,767	$140,810
OLAWALE AJAYI	DSP	102.00	Highest	$151,421	$17,895	$169,316
FOLASHADE ADEJAYAN	DSP	95.00	Highest	$119,597	$12,246	$131,843

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	$36,279,887	$30,277,642	$26,199,592	$6,002,245
2024	$29,888,153	$28,996,627	$20,770,298	$891,526
2023	$25,608,750	$26,581,896	$17,777,254	$-973,146
2022	$25,535,714	$25,206,035	$17,612,885	$329,679
2021	$25,933,422	$23,176,418	$18,496,308	$2,757,004
2020	$24,569,077	$23,438,674	$16,784,886	$1,130,403
2019	$23,761,830	$23,181,244	$13,846,588	$580,586
2018	$23,614,588	$23,417,806	$12,969,915	$196,782

NEW HOPE OF INDIANA INC