HEART OF HOPE MINISTRIES INC (EIN 412187038) - 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

2005

Legal Domicile

Principal Officer

CAROLYN HAMMOND

Phone

3189254663

Tax Period

2023-01-01 to 2023-12-31

HEART OF HOPE MINISTRIES INC, founded in 2005, is a small nonprofit in the Health Care sector that reported $619K in total revenue in fiscal year 2023. Expenses of $557K left a modest 10% surplus.

Mission

THE ORGANIZATION IS A FACILITY TO PROVIDE HOUSING FOR SINGLE WOMEN DURING THEIR PREGNANCY AND ASSIST THEM IN MAKING DECISIONS ABOUT ADOPTION, ETC.

🔒

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 $618,430

Program Service Revenue $0

Investment Income $236

Other Revenue $0

TOTAL REVENUE $618,666

Expense Breakdown

Grants Paid $0

Salaries & Benefits $267,981

Fundraising Expenses $77,047

Program Expenses $331,913

Other Expenses $289,366

TOTAL EXPENSES $557,347

Year-over-Year Comparison

	2023	2022	Change
Revenue	$618,666	$589,750	+0.0%
Expenses	$557,347	$508,669	+0.1%
Net Income	$61,319	$81,081	-0.2%

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

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
CAROLYN HAMMOND	PRESIDENT	1.00	Officer	$0	$0	$0
SHANNON LEONE	VICE PRESIDENT	1.00	Officer	$0	$0	$0
FRANK KELLY	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN BROUSSARD	TREASURER	1.00	Officer	$0	$0	$0
MARSHA SPELL	SECRETARY	1.00	Officer	$0	$0	$0
JOEY FRENCH	BOARD 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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$618,666	$557,347	$1,187,622	$61,319
2022	$589,750	$508,669	$1,114,244	$81,081
2021	$637,082	$425,252	$1,022,011	$211,830
2020	$447,291	$425,756	$729,345	$21,535
2019	$481,182	$453,957	$662,964	$27,225
2018	$465,912	$467,759	$628,775	$-1,847

HEART OF HOPE MINISTRIES INC