SUPPORTING HOPE INC

EIN: 352415818 501(c)(3)

FORT WORTH, TX

Total Revenue
$257,617
Total Expenses
$631,744
Total Assets
N/A
Net Assets
N/A
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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
2011
Legal Domicile
TX
Principal Officer
RJ PHILLIPS JR
Phone
8179947510
Tax Period
2019-01-01 to 2019-12-31

SUPPORTING HOPE INC, founded in 2011, is a small nonprofit that reported $258K in total revenue in fiscal year 2019. Revenue decreased 12% compared to the prior year. Expenses of $632K exceeded revenue, resulting in a 145% operating deficit.

Mission

TO PROVIDE FINANCIAL SUPPORT AND RAISE AWARENESS FOR CHARITABLE CHRISTIAN MISSIONARY ORGANIZATIONS AND GLOBAL MINISTRY EFFORTS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $257,617
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $257,617

Expense Breakdown

Grants Paid $611,640
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $611,640
Other Expenses $20,104
TOTAL EXPENSES $631,744

Year-over-Year Comparison

2019 2018 Change
Revenue $257,617 $293,080 -0.1%
Expenses $631,744 $294,444 +1.1%
Net Income $-374,127 $-1,364 +273.3%
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
3
Independent Members
N/A
Employees
N/A
Volunteers
4

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RJ PHILLIPS JR PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
NANCY N PHILLIPS SECRETARY/DIRECTOR 0.10
Officer Director
$0 $0 $0
DR MARY ASHTON PHILLIPS-BENESH DIRECTOR 0.10
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
2019 $257,617 $631,744 No data $-374,127
2018 $293,080 $294,444 $374,127 $-1,364
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