HOPE NETWORK 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

Principal Officer

RITA SAAVERDA

Phone

2622517333

Tax Period

2021-10-01 to 2022-09-30

HOPE NETWORK INC is a small nonprofit in the Crime & Legal sector that reported $142K in total revenue in fiscal year 2021. Revenue decreased 8% compared to the prior year. Expenses of $132K left a modest 8% surplus.

Mission

HOPE NBSP;NETWORKS NBSP;MISSION NBSP;IS NBSP;TO NBSP;PROVIDE NBSP;WOMEN NBSP;PARENTING NBSP;ALONE NBSP;IN NBSP;MILWAUKEE NBSP;AND NBSP;THE NBSP;SURROUNDING NBSP;AREA NBSP;WITH NBSP;RESOURCES NBSP;TO NBSP;BUILD NBSP;SELF-RELIANCE NBSP;AND NBSP;STRONG NBSP;FAMILIES NBSP;HOPE NBSP;NETWORK NBSP;S NBSP;STEPPING NBSP;INTO NBSP;HOPE NBSP;PROGRAM NBSP;MENTORS NBSP;WOMEN NBSP;PARENTING NBSP;ALONE NBSP;FOR NBSP;THREE(3) NBSP;YEARS NBSP;PR

Program Service Accomplishments

Program 1

Expenses: $45,068

HOPE NETWORK SUPPORTED 234 MEMBERS IN 2022, COMPARED FROM 246 MEMBERS IN 2021. THE STEPPING INTO HOPE PROGRAM DISTRIBUTED 12,031 DIAPERS, 190 PACKS OF WIPES,32 LAYETTE BAGS CONTAINING 1,060 INFANT...

HOPE NETWORK SUPPORTED 234 MEMBERS IN 2022, COMPARED FROM 246 MEMBERS IN 2021. THE STEPPING INTO HOPE PROGRAM DISTRIBUTED 12,031 DIAPERS, 190 PACKS OF WIPES,32 LAYETTE BAGS CONTAINING 1,060 INFANT CLOTHING AND OTHER ITEMS.191 PIECES OF CLOTHING

Program 2

Expenses: $1,868

HOPE NETWORK NEWS IS NOW SHARING HOPE, QUARTERLY PUBLICATION THAT PROVIDES ADDITIONAL INFORMATION TO MEMBERS AND SUPPORTS, IS NOW FULLY DIGITAL. MEMBERS RECEIVE EMAIL UPDATES, SPECIAL OFFERS, AND...

HOPE NETWORK NEWS IS NOW SHARING HOPE, QUARTERLY PUBLICATION THAT PROVIDES ADDITIONAL INFORMATION TO MEMBERS AND SUPPORTS, IS NOW FULLY DIGITAL. MEMBERS RECEIVE EMAIL UPDATES, SPECIAL OFFERS, AND OTHER SPECIAL PROMOTIONS IN ADDITION TO SUPPLIES.

Program 3

Expenses: $11,402

6 SCHOLARSHIPS WERE AWARDS TO MOTHERS WHO PURSUED A COLLEGE DEGREE DURING THE PANDEMIC. FUNDS MAY BE USED FOR TUITION OR FOR CHILDCARE WHILE THE MOTHER IS IN SCHOOL.

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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 (2021)

Revenue Breakdown

Contributions & Grants $119,291

Program Service Revenue $0

Investment Income $0

Other Revenue $23,139

TOTAL REVENUE $142,430

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,088

Fundraising Expenses $0

Program Expenses $58,338

Other Expenses $57,206

TOTAL EXPENSES $131,520

Year-over-Year Comparison

	2021	2020	Change
Revenue	$142,430	$155,327	-0.1%
Expenses	$131,520	$145,146	-0.1%
Net Income	$10,910	$10,181	+0.1%

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

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	Reportable Comp	Other Comp	Total
CRYSTAL HEARVEY	BOARD MEMBER	002.00	$0	$0	$0
JESSICA JANZ-MCKNIGHT	BOARD MEMBER	002.00	$0	$0	$0
KAREN HAMMERSMITH	BOARD MEMBER	004.00	$0	$0	$0
RITA SAAVEDRA	BOARD MEMBER	002.00	$0	$0	$0
ALLY SPAIGHT	BOARD MEMBER	002.00	$0	$0	$0
MELISSA NOLLIE	BOARD MEMBER	004.00	$0	$0	$0
JACOB CARLSON	BOARD MEMBER	002.00	$0	$0	$0
PORSCHA BROWN	BOARD MEMBER	002.00	$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
2022	$142,430	$131,520	$163,735	$10,910