MANY HOPES 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

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 $3.1M in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $4.4M exceeded revenue, resulting in a 43% operating deficit.

Mission

MANY HOPES RESCUES CHILDREN FROM OPPRESSION AND RAISES THEM TO BE ADULTS OF INFLUENCE EQUIPPED TO DO JUSTICE FOR OTHERS, CAUSING EXPONENTIAL IMPACT.

Program Service Accomplishments

Program 1

Expenses: $3,222,799

THE ORGANIZATION WAS FOUNDED TO HOUSE AND EDUCATE ORPHANED AND ABANDONED CHILDREN IN KENYA. THIS YEAR IT EXPANDED TO SIX NEW PARTNERSHIPS IN MALAWI, GHANA, GUATEMALA, BOLIVIA AND PERU. FUNDS RAISED WERE GRANTED TO: 1. RESCUE CHILDREN FROM SLAVERY TRAFFICKING, SEXUAL ABUSE AND ABANDONMENT. 2. PROVIDE A SAFE PLACE TO LIVE AND RECEIVE CARE AND HEALING FROM TRAUMA. 3. EDUCATE CHILDREN AT ELEMENTARY SCHOOL, HIGH SCHOOL, AND COLLEGE LEVELS AND PROVIDE MENTORING IN JUSTICE AND CIVICS SO THEY CAN BECOME ADULTS EQUIPPED TO LEAD.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,027,790

Program Service Revenue $0

Investment Income $78,706

Other Revenue $0

TOTAL REVENUE $3,106,496

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	$3,106,496	$3,897,860	-0.2%
Expenses	$4,429,199	$3,633,521	+0.2%
Net Income	$-1,322,703	$264,339	-6.0%

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

$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	$3,106,496	$4,429,199	$1,680,488	$-1,322,703
2023	$2,901,020	$4,429,199	$1,465,759	$-1,528,179
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