PROJECT HOPE OF NORTHEAST ALLEGAN COUNTY INC (EIN 383194627) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

LORI ELZINGA

Phone

6166814673

Tax Period

2023-01-01 to 2023-12-31

PROJECT HOPE OF NORTHEAST ALLEGAN COUNTY INC, founded in 1994, is a small nonprofit in the Human Services sector that reported $630K in total revenue in fiscal year 2023. Expenses of $596K left a modest 5% surplus.

Mission

OUR PRIMARY PURPOSE IS TO SHOW THE LOVE OF CHRIST TO INDIVIDUALS IN NEED BY PROVIDING FREE FOOD, LOW COST CLOTHING AND HOUSEHOLD GOODS, COUNSELING AND PRAYER. WE PROVIDE OPPORTUNITIES FOR SELF HELP AND CONNECTION TO CHRISTIAN MENTORS. THE MINISTRY ALSO PROVIDES OPPORTUNITIES FOR VOLUNTEERS TO EXPRESS THEIR LOVE AND SERVICE TO CHRIST BY ACTS OF KINDNESS TO THOSE IN NEED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $188,382

Program Service Revenue $0

Investment Income $6,189

Other Revenue $435,767

TOTAL REVENUE $630,338

Expense Breakdown

Grants Paid $127,893

Salaries & Benefits $285,929

Fundraising Expenses $0

Program Expenses $563,387

Other Expenses $182,319

TOTAL EXPENSES $596,141

Year-over-Year Comparison

	2023	2022	Change
Revenue	$630,338	$601,302	+0.0%
Expenses	$596,141	$553,945	+0.1%
Net Income	$34,197	$47,357	-0.3%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

275

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

$103,796

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STAN JANSEN	PRESIDENT	2.00	Officer Director	$0	$0	$0
GREGG DYKSTRA	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
DICK VANDER WALL	SECRETARY	0.50	Officer Director	$0	$0	$0
LORI ELZINGA	TREASURER	4.00	Officer Director	$0	$0	$0
JEAN DENBESTEN	BOARD MEMBER	0.50	Director	$0	$0	$0
DAN BALFOORT	BOARD MEMBER	0.50	Director	$0	$0	$0
MARY HELEN BARKER	BOARD MEMBER	0.50	Director	$0	$0	$0
VAL BULTMAN	BOARD MEMBER	0.50	Director	$0	$0	$0
BARBARA GRACZYK	BOARD MEMBER	0.50	Director	$0	$0	$0
JOHN OUWINGA	BOARD MEMBER	0.50	Director	$0	$0	$0
AARON SCHOLTEN	BOARD MEMBER	0.50	Director	$0	$0	$0
CLIFF WESTENDORP	BOARD MEMBER	0.50	Director	$0	$0	$0
HANK WILLIAMS	BOARD MEMBER	0.50	Director	$0	$0	$0
KEN ZYLSTRA	BOARD MEMBER	0.50	Director	$0	$0	$0
MARCY ZBYTOWSKI	THRIFT STORE DIRECTOR	39.00	Director	$34,214	$0	$34,214
MARLENE SCHAENDORF	FOOD PANTRY DIRECTOR	36.00	Director	$35,294	$0	$35,294
KAYE EVANS	COMPASSION CARE DIRECTOR	34.00	Director	$1,522	$0	$1,522
MELISSA BRONKEMA	OPERATIONS DIRECTOR	40.00	Director	$32,766	$0	$32,766

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
2024	No data	No data	No data	No data
2023	$630,338	$596,141	$747,978	$34,197
2022	$601,302	$553,945	$713,626	$47,357
2021	$557,761	$470,228	$675,385	$87,533
2020	$446,352	$384,335	$586,151	$62,017
2019	$478,890	$500,670	$533,845	$-21,780
2018	$431,111	$424,995	$553,020	$6,116

PROJECT HOPE OF NORTHEAST ALLEGAN COUNTY INC