HOPE CRISIS RESPONSE NETWORK INC- HCRN

EIN: 352147808 501(c)(3) Philanthropy & Grantmaking

PASADENA, CA

Total Revenue
$1,703,018
Total Expenses
$2,222,842
Total Assets
$99,869
Net Assets
$-27,241
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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
1999
Legal Domicile
IN
Phone
8779364673
Tax Period
2024-01-01 to 2024-12-31

HOPE CRISIS RESPONSE NETWORK INC- HCRN, founded in 1999, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.7M in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 31% operating deficit.

Mission

Hope Crisis Response Network provides assistance to individuals, families and communities affected by disaster. We provide immediate assistance when a disaster strikes in Northern California. Our staff trains and mentor local communities in establishing a long term recovery group. HCRN rebuilds homes for vulnerable families in the recovery phase by coordinating volunteer teams for the labor. Since 2015, we have responded to 80 fires in Northern California. HCRN provides immediate assistance following disasters in the form of supplies and aid.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,703,018
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,703,018

Expense Breakdown

Grants Paid $0
Salaries & Benefits $570,500
Fundraising Expenses $0
Program Expenses $2,222,842
Other Expenses $1,652,342
TOTAL EXPENSES $2,222,842

Year-over-Year Comparison

2024 2023 Change
Revenue $1,703,018 $4,005,189 -0.6%
Expenses $2,222,842 $3,959,260 -0.4%
Net Income $-519,824 $45,929 -12.3%
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

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Governance

Voting Members
6
Independent Members
6
Employees
14
Volunteers
675

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
3
$75,088
Total Directors
3
$97,571
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK COX VICE PRESIDENT 50.00
Officer
$75,088 $0 $75,088
KEVIN COX CEO and Founder 50.00
Director
$68,643 $0 $68,643
VALERIE COX Treasurer 45.00
Director
$28,928 $0 $28,928
STEVE BOLIN Board Member 2.00
Director
$0 $0 $0
CARL BENNER President 2.00
Officer
$0 $0 $0
BRENDA BENNER Board Secretary 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
2024 $1,703,018 $2,222,842 $99,869 $-519,824
2024 $1,953,018 $1,948,725 $539,340 $4,293
2023 $4,005,189 $3,959,260 $685,047 $45,929
2023 No data No data No data No data
2022 $1,964,822 $1,843,329 $849,119 $121,493
2022 $1,964,822 $1,843,331 $849,117 $121,491
2021 $1,386,868 $1,332,652 $727,626 $54,216
2020 $821,923 $810,850 $673,410 $11,073
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