GLEN HOPE HARBOR INC

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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

2012

Legal Domicile

Principal Officer

RANDOLPH N OSHEROW

Phone

2107383001

Tax Period

2025-01-01 to 2025-12-31

GLEN HOPE HARBOR INC, founded in 2012, is a small nonprofit that reported $950K in total revenue in fiscal year 2025. Expenses of $1.4M exceeded revenue, resulting in a 44% operating deficit.

Mission

THE CORPORATION WAS ORGANIZED TO PROVIDE SERVICES BENEFICIAL TO SENIOR CITIZENS WITH ALZHEIMER'S DISEASE AND OTHER DEMENTIA RELATED ILLNESSES.

Program Service Accomplishments

Program 1

Expenses: $948,040

AFFORDABLE RENTS AND HOUSING 96-32, WITH 144 ASSISTED LIVING MEMORY CARE UNITS IN A SENIOR LIVING RETIREMENT COMMUNITY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $950,000

TOTAL REVENUE $950,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $948,040

Other Expenses $1,368,060

TOTAL EXPENSES $1,368,060

Year-over-Year Comparison

	2025	2024	Change
Revenue	$950,000	N/A	N/A
Expenses	$1,368,060	$62,534	+20.9%
Net Income	$-418,060	$-62,534	+5.7%

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

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
RANDOLPH N OSHEROW	CHAPTER 7 TR	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
2025	$950,000	$1,368,060	No data	$-418,060
2024	No data	$62,534	$1,644,909	No data
2023	$17,527	$46,082	$1,707,443	$-28,555
2022	$-9,635,345	$3,184,836	$1,735,999	$-12,820,181
2021	$7,500,722	$9,532,351	$26,045,542	$-2,031,629
2020	$7,289,286	$9,481,633	$28,002,678	$-2,192,347
2019	$6,938,505	$8,978,851	$29,130,800	$-2,040,346
2018	$7,272,725	$8,836,605	$31,068,581	$-1,563,880