Ribbon of Hope Inc

🔒

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

2000

Legal Domicile

Principal Officer

Loretta McGuire

Phone

5749904673

Tax Period

2023-01-01 to 2023-12-31

Ribbon of Hope Inc, founded in 2000, is a small nonprofit in the Mental Health sector that reported $303K in total revenue in fiscal year 2023. Expenses of $354K exceeded revenue, resulting in a 17% operating deficit.

Mission

Ribbon of Hope is here to offer comfort, encouragement, and hope through Jesus Christ to those walking with cancer.

Program Service Accomplishments

Program 1

Expenses: $113,651

Ribbon of Hope offers a variety of practical services to assist cancer patients and their famiy members with the primary focus of caring for the spiritual and emotional needs of the patients.

🔒

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 $303,372

Program Service Revenue $0

Investment Income $49

Other Revenue $0

TOTAL REVENUE $303,421

Expense Breakdown

Grants Paid $0

Salaries & Benefits $227,619

Fundraising Expenses $39,020

Program Expenses $113,651

Other Expenses $126,119

TOTAL EXPENSES $353,738

Year-over-Year Comparison

	2023	2022	Change
Revenue	$303,421	$290,270	+0.0%
Expenses	$353,738	$292,529	+0.2%
Net Income	$-50,317	$-2,259	+21.3%

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

$76,650

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Loretta McGuire	Executive Director	040.00	Officer	$76,650	$0	$76,650
Connie Fulmer	Board Member	000.30	Director	$0	$0	$0
Donald Hamm	Board Member	001.00	Director	$0	$0	$0
Richard Barfell	Board Member	001.00	Director	$0	$0	$0
Erik Johnson	Board Member	002.00	Director	$0	$0	$0
Nancy Shaum	Board Member	000.30	Director	$0	$0	$0
Scott Franko	Board Member	000.30	Director	$0	$0	$0
Edward Wright	Board Member	000.30	Director	$0	$0	$0
Gene Crusie	Immediate Past President	000.30	Director	$0	$0	$0
Scott Overmyer	Secretary	001.00	Officer Director	$0	$0	$0
Shaun Mawhorter	Treasurer	000.30	Officer Director	$0	$0	$0
Rev Edward Arnold	Vice President	000.30	Officer Director	$0	$0	$0
Melinda Aven	President	002.00	Officer 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
2024	No data	No data	No data	No data
2023	$303,421	$353,738	$219,326	$-50,317
2022	$290,270	$292,529	$270,734	$-2,259
2021	$382,277	$236,305	$285,075	$145,972
2020	$212,840	$180,204	$125,410	$32,636