HOPE RESOURCE CENTER INC (EIN 351787072) - 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

1989

Legal Domicile

Principal Officer

CHAD ROYER

Phone

8122752827

Tax Period

2023-01-01 to 2023-12-31

HOPE RESOURCE CENTER INC, founded in 1989, is a small nonprofit in the Health Care sector that reported $479K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

LIFE AFFIRMING MINISTRY

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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 $505,037

Program Service Revenue $0

Investment Income $0

Other Revenue $-25,884

TOTAL REVENUE $479,153

Expense Breakdown

Grants Paid $0

Salaries & Benefits $233,853

Fundraising Expenses $60,592

Other Expenses $250,745

TOTAL EXPENSES $484,598

Year-over-Year Comparison

	2023	2022	Change
Revenue	$479,153	$379,673	+0.3%
Expenses	$484,598	$341,008	+0.4%
Net Income	$-5,445	$38,665	-1.1%

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

N/A

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

Total Directors

$88,945

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD ROYER	PRESIDENT	1.00	Officer	$0	$0	$0
APRIL HASKETT	DIRECTOR	40.00	Director Highest	$67,200	$0	$67,200
GAVIN STEELE	VICE PRESIDENT	1.00	Officer	$0	$0	$0
MIKE CARROLL	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG STANLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
VICKY SPEER	BOARD MEMBER	1.00	Director	$0	$0	$0
TAYLOR QUINLEY	CHAPLAIN	1.00	Director	$21,745	$0	$21,745
CINDY STALEY	TREASURER	1.00	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
2023	$479,153	$484,598	$251,946	$-5,445
2021	$367,798	$219,775	$219,691	$148,023

HOPE RESOURCE CENTER INC