Home of Potential and Excellence

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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

2019

Legal Domicile

Principal Officer

Shemicka Adams

Phone

6158020322

Tax Period

2024-07-01 to 2025-06-30

Home of Potential and Excellence, founded in 2019, is a small nonprofit in the Education sector that reported $398K in total revenue in fiscal year 2024. Revenue surged 94% from the prior year, signaling strong growth momentum. Expenses of $488K exceeded revenue, resulting in a 23% operating deficit.

Mission

Home of Potential and Excellence H.O.P.E strengthens families to become healthy family units through services, education, and empowerment.

Program Service Accomplishments

Program 1

Expenses: $350,839

Through our after school programs, summer programs, and individualized services, we provided a safe nurturing environment to empower families to become a healthy unit and the best version of...

Through our after school programs, summer programs, and individualized services, we provided a safe nurturing environment to empower families to become a healthy unit and the best version of themselves.

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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 $66,832

Program Service Revenue $330,863

Investment Income $0

Other Revenue $0

TOTAL REVENUE $397,695

Expense Breakdown

Grants Paid $0

Salaries & Benefits $404,677

Fundraising Expenses $0

Program Expenses $350,839

Other Expenses $82,901

TOTAL EXPENSES $487,578

Year-over-Year Comparison

	2024	2023	Change
Revenue	$397,695	$204,482	+0.9%
Expenses	$487,578	$236,497	+1.1%
Net Income	$-89,883	$-32,015	+1.8%

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

Employees

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

$96,596

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shemicka Adams	Executive Dir.	40.00	Officer	$89,168	$7,428	$96,596
Alex Buchanan	Chairman	0.00	Director	$0	$0	$0
Wilmoth Baker	Treasurer	0.00	Director	$0	$0	$0
Randy Bury	Secretary	0.00	Director	$0	$0	$0
Creea Shannon	Director	0.00	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	$397,695	$487,578	$103,413	$-89,883
2024	$204,482	$236,497	$194,947	$-32,015
2023	$383,314	$377,044	$224,537	$6,270
2022	$385,409	$199,140	$216,677	$186,269
2022	$446,396	$228,211	$218,185	$218,185