LIFE OF HOPE MINISTRIES (EIN 411956543) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

LIFE OF HOPE MINISTRIES, founded in 1999, is a community nonprofit in the International Affairs sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATIONS PURPOSE IS TO EXPAND GODS KINGDOM BY EMPOWERING AND RESOURCING CHRISTIAN MINISTRIES IN GUATEMALA THAT REACH CHILDREN AND FAMILIES LIVING IN AT-RISK OR STREET SITUATIONS.

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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 $1,115,314

Program Service Revenue $0

Investment Income $1,508

Other Revenue $0

TOTAL REVENUE $1,116,822

Expense Breakdown

Grants Paid $786,813

Salaries & Benefits $126,905

Fundraising Expenses $0

Program Expenses $1,039,951

Other Expenses $177,491

TOTAL EXPENSES $1,091,209

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,116,822	$989,914	+0.1%
Expenses	$1,091,209	$988,722	+0.1%
Net Income	$25,613	$1,192	+20.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE WALENCIAK	DIRECTOR	2.00	Director	$0	$0	$0
LONNIE MCFADDEN	DIRECTOR	2.00	Director	$0	$0	$0
CINDY MCFADDEN	DIRECTOR	2.00	Director	$0	$0	$0
PAUL ARCHER	CHAIRMAN	2.00	Officer Director	$0	$0	$0
PAUL OSBORN	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
PAUL ERB	SECRETARY	2.00	Officer Director	$0	$0	$0
DEVIN CHANCE	EXECUTIVE DIRECTOR	40.00	Key Emp	$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
2023	$1,116,822	$1,091,209	$288,233	$25,613
2022	$989,914	$988,722	$263,843	$1,192
2021	$702,288	$680,809	$262,534	$21,479
2020	$622,463	$593,395	$240,759	$29,068
2019	$645,492	$657,925	$211,500	$-12,433
2018	$600,127	$580,606	$223,949	$19,521

LIFE OF HOPE MINISTRIES