HOPE AND NEW LIFE HEALTHCARE 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

2016

Principal Officer

MILLICENT SAWYERR

Phone

6122755132

Tax Period

2024-01-01 to 2024-12-31

HOPE AND NEW LIFE HEALTHCARE INC, founded in 2016, is a micro nonprofit in the International Affairs sector that reported $86K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $100K exceeded revenue, resulting in a 17% operating deficit.

Mission

PROVIDING HEALTH CARE SERVICES TO HELP WITH CHILDREN AND ADULT HEALTH WELLNESS. WE HELP WITH ADULT HOMELESSNESS AND MEDICAL COUNSELING.

Program Service Accomplishments

Program 1

ADULT WELLNESS AND OUTREACH FOR HOMELESS ADULTS.

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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 $100

Program Service Revenue $85,800

Investment Income $0

Other Revenue $0

TOTAL REVENUE $85,900

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,000

Fundraising Expenses $0

Other Expenses $93,160

TOTAL EXPENSES $100,160

Year-over-Year Comparison

	2024	2023	Change
Revenue	$85,900	$97,100	-0.1%
Expenses	$100,160	$105,180	0.0%
Net Income	$-14,260	$-8,080	+0.8%

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

N/A

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
LAKERANEE RAMSAHOI	SECRETARY	10	Key Emp	$0	$0	$0
JESSE SAWYERR	TREASURER	1	Key Emp	$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
2024	$85,900	$100,160	No data	$-14,260
2023	$97,100	$105,180	No data	$-8,080
2022	$356,892	$416,106	No data	$-59,214
2021	$48,872	$48,872	No data	No data
2020	$338,875	$355,161	No data	$-16,286
2018	$393,986	$73,601	$320,385	$320,385