HOPE CHURCH ENDOWMENT FUND (EIN 382859026) - 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

1989

Legal Domicile

Principal Officer

BARRY WERKMAN

Phone

6163927947

Tax Period

2024-01-01 to 2024-12-31

HOPE CHURCH ENDOWMENT FUND, founded in 1989, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $48K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Net assets of $1.2M represent 290 months of operating reserves.

Mission

PROVIDE FUNDING FOR HOPE CHURCHS SCHOLARSHIP FUND, BUILDING AND GROUNDS FUND, BENEVOLENCE FUND, AND OTHER FUNDS.

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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 $0

Program Service Revenue $0

Investment Income $47,751

Other Revenue $0

TOTAL REVENUE $47,751

Expense Breakdown

Grants Paid $37,842

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,842

Other Expenses $8,783

TOTAL EXPENSES $46,625

Year-over-Year Comparison

	2024	2023	Change
Revenue	$47,751	$36,762	+0.3%
Expenses	$46,625	$45,627	+0.0%
Net Income	$1,126	$-8,865	-1.1%

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

100

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

$50,000

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
BARRY WERKMAN	TREASURER	Officer Director	$0	$0	$0
WILLIAM VANDYKE	SECRETARY	Officer Director	$0	$0	$0
JEFF GREEN	PRESIDENT	Officer Director	$0	$0	$0
KYLE VOHLKEN	DIRECTOR	Director	$0	$0	$0
GORDON WIERSMA	DIRECTOR	Director	$0	$50,000	$50,000
BRAD MACLEAN	DIRECTOR	Director	$0	$0	$0
CLAUDIA BERRY	VICE PRESIDENT	Officer Director	$0	$0	$0
LINDA WALVOORD DEVELDER	DIRECTOR	Director	$0	$0	$0
SAM MARTIN	DIRECTOR	Director	$0	$0	$0
CHARLES VANDERBROEK	DIRECTOR	Director	$0	$0	$0
JULIE CLOUGH	DIRECTOR	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	$47,751	$46,625	$1,154,686	$1,126
2023	$36,762	$45,627	$1,107,407	$-8,865
2022	$33,678	$45,372	$1,008,421	$-11,694
2021	$46,762	$155,764	$1,236,414	$-109,002
2020	$28,970	$46,254	$1,260,281	$-17,284
2019	$35,202	$70,701	$1,178,962	$-35,499
2018	$41,793	$60,308	$1,062,440	$-18,515

HOPE CHURCH ENDOWMENT FUND