THE HOPE CENTER OF CHICAGO (EIN 364155416) - Form 990 Financial Analysis & Trantor Score

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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

1997

Legal Domicile

Principal Officer

RICHARD A DUNCAN

Phone

8479224673

Tax Period

2022-01-01 to 2022-12-31

THE HOPE CENTER OF CHICAGO, founded in 1997, is a small nonprofit in the Religion sector that reported $378K in total revenue in fiscal year 2022. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $344K left a modest 9% surplus.

Mission

A NON-DENOMINATIONAL RELIGIOUS ORGANIZATION. MISSION IS TO PROMOTE ALONG WITH PROVIDING BASIC LIVING SUPPLIES TO THE MARGINALIZED PEOPLE GROUPS THROUGHOUT THE IMPOVERISHED NEIGHBORHOODS OF CHICAGO.

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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 (2022)

Revenue Breakdown

Contributions & Grants $374,862

Program Service Revenue $0

Investment Income $0

Other Revenue $2,824

TOTAL REVENUE $377,686

Expense Breakdown

Grants Paid $179,747

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $274,056

Other Expenses $164,402

TOTAL EXPENSES $344,149

Year-over-Year Comparison

	2022	2021	Change
Revenue	$377,686	$1,010,005	-0.6%
Expenses	$344,149	$209,994	+0.6%
Net Income	$33,537	$800,011	-1.0%

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

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD A DUNCAN	PRESIDENT	40.00	Officer Director	$0	$0	$0
BILLY JO PRUSENER	SECRETARY	2.00	Officer Director	$0	$0	$0
CHRISTINE DUNCAN	TREASURER	2.00	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
2022	$377,686	$344,149	$877,312	$33,537
2021	$1,010,005	$209,994	$843,775	$800,011
2020	$80,000	$237,983	$43,764	$-157,983
2020	$230,000	$177,129	No data	$52,871

THE HOPE CENTER OF CHICAGO