Help Out Center Inc (EIN 364842425) - 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

2016

Legal Domicile

Principal Officer

Don G Beebe

Phone

8173794638

Tax Period

2024-01-01 to 2024-12-31

Help Out Center Inc, founded in 2016, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $7.2M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum.

Mission

Mission Enriching communities and improving quality of life. Changing the attitude and the atmosphere of the home by providing hope and resources to lift families out of their circumstances.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,176,102

Program Service Revenue $0

Investment Income $0

Other Revenue $455

TOTAL REVENUE $7,176,557

Expense Breakdown

Grants Paid $6,489,280

Salaries & Benefits $258,007

Fundraising Expenses $9,195

Program Expenses $7,006,521

Other Expenses $382,715

TOTAL EXPENSES $7,130,002

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,176,557	$5,153,061	+0.4%
Expenses	$7,130,002	$5,120,955	+0.4%
Net Income	$46,555	$32,106	+0.5%

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

Volunteers

8509

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

$38,015

Total Directors

$38,015

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kory Bomar	Vice President	025.00	Officer Director	$38,015	$0	$38,015
Don Beebe	President/Chairman	010.00	Officer Director	$0	$0	$0
Shannon Townsley	Secretary/Treasurer	005.00	Officer Director	$0	$0	$0
Billy Ramsey	Director	003.00	Director	$0	$0	$0
Jim Wilkinson	Director	001.00	Director	$0	$0	$0
Leigh Wamsganss	Director	001.00	Director	$0	$0	$0
Matt Byrd	Director	001.00	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
2025	No data	No data	No data	No data
2024	$7,176,557	$7,130,002	$187,736	$46,555
2023	$5,153,061	$5,120,955	$174,580	$32,106
2022	$2,053,258	$2,020,055	$107,019	$33,203
2021	$1,614,609	$1,593,660	$73,816	$20,949

Help Out Center Inc