HOUSE OF HOPE INC (EIN 431730519) - 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

1996

Legal Domicile

Principal Officer

ANN GOSNELL

Phone

6602564766

Tax Period

2024-01-01 to 2024-12-31

HOUSE OF HOPE INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $596K in total revenue in fiscal year 2024. Expenses of $542K left a modest 9% surplus.

Mission

HOUSE OF HOPE WORKS TO BREAK THE CYCLE OF VIOLENCE BY INCREASING PUBLIC AWARENESS; PROVIDING SHELTER, SERVICES AND SUPPORT TO VICTIMS; AND COOPERATING WITH OTHER GROUPS TO CREATE A SAFE ENVIRONMENT FOR ALL.

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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 $450,375

Program Service Revenue $137,034

Investment Income $8,447

Other Revenue $474

TOTAL REVENUE $596,330

Expense Breakdown

Grants Paid $0

Salaries & Benefits $409,145

Fundraising Expenses $0

Program Expenses $494,898

Other Expenses $132,590

TOTAL EXPENSES $541,735

Year-over-Year Comparison

	2024	2023	Change
Revenue	$596,330	$569,565	+0.0%
Expenses	$541,735	$614,473	-0.1%
Net Income	$54,595	$-44,908	-2.2%

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

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

$83,307

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN GOSNELL	EXECUTIVE DI	40.00	Officer	$83,307	$0	$83,307
JESSICA BASS	TREASURER	1.00	Officer Director	$0	$0	$0
RUTH BEAMER	SECRETARY	1.00	Officer Director	$0	$0	$0
SUMMER DAVIDSON	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH FISH	CO-CHAIR	1.00	Officer Director	$0	$0	$0
COURTNEY GILMORE	DIRECTOR	1.00	Director	$0	$0	$0
FELICIA MCKAY	DIRECTOR	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	$596,330	$541,735	$684,059	$54,595
2023	$569,565	$614,473	$639,221	$-44,908
2022	$568,682	$550,088	$676,882	$18,594
2021	$585,875	$567,257	$659,685	$18,618
2020	$561,739	$557,830	$640,957	$3,909
2019	$616,547	$577,384	$650,488	$39,163
2018	$576,750	$558,499	$607,922	$18,251

HOUSE OF HOPE INC