HOUSE OF HOPE (EIN 421513646) - 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

Jessica Frerich

Phone

3193664673

Tax Period

2024-01-01 to 2024-12-31

HOUSE OF HOPE, founded in 2000, is a small nonprofit in the Mental Health sector that reported $406K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $355K left a modest 13% surplus.

Mission

House of Hope's mission is to encourage, equip, and empower individuals to live fully through spiritual, emotional, and mental health support.

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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 $215,493

Program Service Revenue $189,880

Investment Income $446

Other Revenue $0

TOTAL REVENUE $405,819

Expense Breakdown

Grants Paid $0

Salaries & Benefits $277,209

Fundraising Expenses $0

Program Expenses $77,537

Other Expenses $77,537

TOTAL EXPENSES $354,746

Year-over-Year Comparison

	2024	2023	Change
Revenue	$405,819	$513,228	-0.2%
Expenses	$354,746	$460,491	-0.2%
Net Income	$51,073	$52,737	0.0%

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

532

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

$56,667

Total Directors

Key Employees

$144,588

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANA JACKSON	DIRECTOR OF THERAPY	40	Key Emp Highest	$87,921	$0	$87,921
JESSIE FRERICH	EXECUTIVE DIRECTOR	40	Officer Key Emp	$56,667	$0	$56,667
KATHERINE DAMISCH	BOARD PRESIDENT	0	Director	$0	$0	$0
KERI CHRISTENSEN	BOARD SECRETARY	0	Director	$0	$0	$0
GREG VOSS	DIRECTOR	0	Director	$0	$0	$0
SANDRA NAUGHTON	BOARD TREASURER	0	Director	$0	$0	$0
KIM WALLACE	DIRECTOR	0	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	$405,819	$354,746	$540,621	$51,073
2023	$513,228	$460,491	$593,849	$52,737
2022	$433,881	$519,852	$568,555	$-85,971
2021	$460,992	$460,012	$568,116	$980
2020	$414,789	$370,772	$377,082	$44,017
2019	$316,379	$304,810	$225,495	$11,569
2018	$322,024	$308,424	$215,259	$13,600

HOUSE OF HOPE