GREATER HOPES INC

EIN: 383382535 501(c)(3) Human Services

WYOMING, MI

Total Revenue
$404,418
Total Expenses
$349,095
Total Assets
$236,881
Net Assets
$125,631
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
MI
Principal Officer
BRIAN GILBERT
Phone
6164510245
Tax Period
2023-01-01 to 2023-12-31

GREATER HOPES INC, founded in 1997, is a small nonprofit in the Human Services sector that reported $404K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $349K left a modest 14% surplus.

Mission

PROVIDE ADOPTION SERVICES FOR CHILDREN AND FAMILIES

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,008
Program Service Revenue $397,360
Investment Income $10
Other Revenue $40
TOTAL REVENUE $404,418

Expense Breakdown

Grants Paid $0
Salaries & Benefits $297,446
Fundraising Expenses $0
Program Expenses $230,586
Other Expenses $51,649
TOTAL EXPENSES $349,095

Year-over-Year Comparison

2023 2022 Change
Revenue $404,418 $340,611 +0.2%
Expenses $349,095 $369,333 -0.1%
Net Income $55,323 $-28,722 -2.9%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
6
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYAN AVERY SECRETARY 1.00
Officer Director
$0 $0 $0
BRIAN GILBERT PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRISTINA GILBERT TREASURER 1.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $404,418 $349,095 $236,881 $55,323
2022 $340,611 $369,333 $221,801 $-28,722
2021 $290,403 $286,701 $216,585 $3,702
2020 $219,367 $212,299 $234,659 $7,068
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GREATER HOPES INC with other nonprofits in Michigan and across the country.