NEW HOPE ASSOCIATION INC

EIN: 384084663 501(c)(3) International Affairs

Clifton, NJ

Total Revenue
$72,087
Total Expenses
$56,400
Total Assets
$110,917
Net Assets
$76,017
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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
2018
Legal Domicile
NJ
Principal Officer
Mohamed Aly
Phone
9739281092
Tax Period
2022-01-01 to 2022-12-31

NEW HOPE ASSOCIATION INC, founded in 2018, is a micro nonprofit in the International Affairs sector that reported $72K in total revenue in fiscal year 2022. The organization ran a surplus of $16K, a strong 22% operating margin.

Mission

Organizations mission is to provide basic medical supplies to the hospital, so we can save poors life.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $72,087
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $72,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $56,400
TOTAL EXPENSES $56,400

Year-over-Year Comparison

2022 2021 Change
Revenue $72,087 N/A N/A
Expenses $56,400 N/A N/A
Net Income $15,687 N/A N/A
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

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Governance

Voting Members
3
Independent Members
3
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOHAMED ALY PRESIDENT N/A
Director
$0 $0 $0
GEHAN MEDRA VICE PRESIDENT N/A
Director
$0 $0 $0
AMR ALY SECRETARY N/A
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
2024 No data No data No data No data
2022 $72,087 $56,400 $110,917 $15,687
2021 No data No data $95,230 No data
2020 $66,646 $47,888 $67,000 $18,758
2019 $35,820 $32,576 $13,342 $3,244
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