Lugenia Burns Hope Center

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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

1996

Legal Domicile

Phone

7739664674

Tax Period

2020-07-01 to 2021-06-30

Lugenia Burns Hope Center, founded in 1996, is a small nonprofit that reported $417K in total revenue in fiscal year 2020. Expenses of $486K exceeded revenue, resulting in a 17% operating deficit.

Mission

The Lugenia Burns Hope was founded in 1994 by the former President Barack Obama and Centers for New Horizons CEO, Dr. Sokoni Karanja. It was founded as a leadership development and organizing institute. Our mission is to develop the civic engagement of residents in Chicagos Bronzeville neighborhood, and other communities, through education, leadership development and community organizing. We believe in community development by developing the communitys most precious asset, its people.

Program Service Accomplishments

Program 1

Expenses: $486,194

The Lugenia Burns Hope Center offers trainings for groups of individiuals or for organizations. Our trainings focus on leadership development and community organizings skills. These skills are...

The Lugenia Burns Hope Center offers trainings for groups of individiuals or for organizations. Our trainings focus on leadership development and community organizings skills. These skills are transferrable to any profession or trade.

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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 (2020)

Revenue Breakdown

Contributions & Grants $417,211

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $417,211

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,869

Fundraising Expenses $0

Program Expenses $486,194

Other Expenses $376,325

TOTAL EXPENSES $486,194

Year-over-Year Comparison

	2020	2019	Change
Revenue	$417,211	N/A	N/A
Expenses	$486,194	N/A	N/A
Net Income	$-68,983	N/A	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Roderick Wilson	Executive Dir.	0.00	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
2021	$417,211	$486,194	$8,976	$-68,983