Destiny of HOPE (EIN 412057537) - 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

2000

Legal Domicile

Principal Officer

Lonnie Lockhart Bey

Phone

6362362012

Tax Period

2024-01-01 to 2024-12-31

Destiny of HOPE, founded in 2000, is a small nonprofit in the Human Services sector that reported $295K in total revenue in fiscal year 2024. Revenue surged 403% from the prior year, signaling strong growth momentum.

Mission

Helping troubled and at-risk youth, the formerly incarcerated, and the community at large.

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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 (2024)

Revenue Breakdown

Contributions & Grants $295,413

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $295,413

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,669

Fundraising Expenses $0

Program Expenses $252,405

Other Expenses $161,219

TOTAL EXPENSES $289,888

Year-over-Year Comparison

	2024	2023	Change
Revenue	$295,413	$58,728	+4.0%
Expenses	$289,888	$51,429	+4.6%
Net Income	$5,525	$7,299	-0.2%

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

N/A

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

$20,833

Total Directors

$48,333

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stephanie Lockhart Bey	Executive Assis	40.00	Director	$27,500	$0	$27,500
Lonnie Lockhart Bey	Executive Dir.	40.00	Officer Director	$20,833	$0	$20,833
James Robnett Jr	President	1.00	Officer Director	$0	$0	$0
David DJ Daller	Vice President	1.00	Officer Director	$0	$0	$0
Trina Hembree	Secretary	1.00	Officer Director	$0	$0	$0
Drew Sells	Member	1.00	Director	$0	$0	$0
Sean Thorton	Member	1.00	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	$295,413	$289,888	$11,248	$5,525

Destiny of HOPE