MANY HOPES INC (EIN 392067502) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

THOMAS KEOWN

Phone

2102626112

Tax Period

2023-01-01 to 2023-12-31

MANY HOPES INC, founded in 2007, is a community nonprofit in the International Affairs sector that reported $2.9M in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $4.4M exceeded revenue, resulting in a 53% operating deficit.

Mission

THE ORGANIZATION SHALL HELP TO SUSTAIN, ENHANCE AND DEVELOP THE RESOURCES, PROGRAMS, AND FUTURE EXPANSION OF ORGANIZATIONS AROUND THE WORLD THAT ARE RESCUING, EDUCATING, AND ADVOCATING FOR ORPHANED, ABANDONED, ABUSED OR ENSLAVED CHILDREN. THE ORGANIZATION SHALL HELP TO GENERATE PUBLIC AWARENESS OF, AND FUNDS FOR, THE ORGANIZATIONS, SCHOOLS, ORPHANAGES, AND CHILD RESCUE AND REHABILITATION PROGRAMS AND CAPITAL PROJECTS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,818,129

Program Service Revenue $0

Investment Income $82,891

Other Revenue $0

TOTAL REVENUE $2,901,020

Expense Breakdown

Grants Paid $3,018,695

Salaries & Benefits $558,650

Fundraising Expenses $745,190

Program Expenses $3,222,799

Other Expenses $851,854

TOTAL EXPENSES $4,429,199

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,901,020	$3,897,860	-0.3%
Expenses	$4,429,199	$3,633,521	+0.2%
Net Income	$-1,528,179	$264,339	-6.8%

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

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

$93,133

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAXINE FRIEDMAN	PRESIDENT	4.00	Officer Director	$0	$0	$0
BECKY WELDAY	TREASURER	7.00	Officer Director	$0	$0	$0
NELSON MILLS	DIRECTOR	4.00	Director	$0	$0	$0
JOSEPH ZITO	DIRECTOR	4.00	Director	$0	$0	$0
NITIN GAMBHIR	DIRECTOR	4.00	Director	$0	$0	$0
BO HAN	DIRECTOR	4.00	Director	$0	$0	$0
CAROLYN COPELAND	DIRECTOR	4.00	Director	$0	$0	$0
THOMAS KEOWN	FOUNDER & CEO	50.00	Officer	$93,133	$0	$93,133
COLIN HUNTER	HEAD OF STRATEGY	20.00	Highest	$102,000	$0	$102,000
MADELEINE PAHR	CREATIVE DIRECTOR	40.00	Highest	$118,000	$0	$118,000

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
2023	$2,901,020	$4,429,199	$1,465,759	$-1,528,179
2023	$3,106,496	$4,429,199	$1,680,488	$-1,322,703
2022	$3,897,860	$3,633,521	$3,012,683	$264,339
2021	$1,884,479	$1,166,242	$2,690,922	$718,237
2021	$1,884,479	$1,166,242	$2,690,922	$718,237
2020	$1,034,528	$483,347	$1,828,408	$551,181
2019	$1,379,426	$1,156,448	$1,255,043	$222,978
2018	$1,529,355	$1,492,737	$1,127,931	$36,618

MANY HOPES INC