HOPE OF EVANSVILLE INC (EIN 356075575) - Form 990 Financial Analysis & Trantor Score

🔒

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

1967

Legal Domicile

Principal Officer

JOSHUA CALHOUN

Phone

8124233169

Tax Period

2023-10-01 to 2024-09-30

HOPE OF EVANSVILLE INC, founded in 1967, is a community nonprofit in the Housing & Shelter sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 307% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 73% operating margin.

Mission

TO PROVIDE COUNSELING AND ASSISSTANCE WITH HOUSING NEEDS FOR CLIENTS LOCATED IN THE EVANSVILLE, IN AREA UNDER GUIDELINES ESTABLISHED BY THE HOUSING AND URBAN DEVELOPMENT PROVISIONS.

🔒

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 $2,610,361

Program Service Revenue $112,522

Investment Income $141,300

Other Revenue $11,953

TOTAL REVENUE $2,876,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $465,017

Fundraising Expenses $42,952

Program Expenses $530,352

Other Expenses $305,012

TOTAL EXPENSES $770,029

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,876,136	$707,008	+3.1%
Expenses	$770,029	$819,097	-0.1%
Net Income	$2,106,107	$-112,089	-19.8%

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

N/A

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

$74,545

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSHUA CALHOUN	EXECUTIVE DI	40.00	Officer	$74,545	$0	$74,545
HANK BURTON	DIRECTOR	1.00	Director	$0	$0	$0
RAYMOND DUDLO	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA KHAN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT KOZSAN	DIRECTOR	1.00	Director	$0	$0	$0
RUBY MCGLOWN	DRIECTOR	1.00	Director	$0	$0	$0
MICHAEL MCKIM	TREASURER	1.00	Officer Director	$0	$0	$0
TOM MOORE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN RAISOR	PRESIDENT	1.00	Officer Director	$0	$0	$0
JACQUELINE WILSON	DIRECTOR	1.00	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	$2,876,136	$770,029	$3,828,615	$2,106,107
2023	$707,008	$819,097	$1,712,137	$-112,089
2022	$850,470	$816,817	$1,498,702	$33,653
2021	$550,592	$624,572	$1,278,111	$-73,980
2020	$616,525	$636,413	$1,343,601	$-19,888
2019	$383,957	$375,046	$1,312,401	$8,911
2018	$159,964	$266,618	$1,295,730	$-106,654

HOPE OF EVANSVILLE INC