THE HOPE FOUNDATION FOR A BETTER TOMORROW INC (EIN 451240685) - 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

2011

Legal Domicile

Principal Officer

KATHLEEN DiCOCCO

Phone

2032064801

Tax Period

2024-01-01 to 2024-12-31

THE HOPE FOUNDATION FOR A BETTER TOMORROW INC, founded in 2011, is a micro nonprofit in the Youth Development sector that reported $24K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $6K, a strong 27% operating margin.

Mission

The HOPE Foundations mission is to provide assistance, including scholarships, to underprivileged student athletes who demonstrate exemplary character, passionate vision and enthusiastic ambition, a

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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 $21,904

Program Service Revenue $0

Investment Income $1,320

Other Revenue $952

TOTAL REVENUE $24,176

Expense Breakdown

Grants Paid $6,600

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,941

Other Expenses $11,115

TOTAL EXPENSES $17,715

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,176	$37,311	-0.4%
Expenses	$17,715	$19,552	-0.1%
Net Income	$6,461	$17,759	-0.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN DiCOCCO	PRESIDENT/DIRECTOR	30.00	Officer Director	$0	$0	$0
LOU DiCOCCO	SECRETARY/DIRECTOR	10.00	Officer Director	$0	$0	$0
NICOLE DiCOCCO	DIRECTOR	10.00	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	$24,176	$17,715	$406,264	$6,461
2023	$37,311	$19,552	$399,803	$17,759
2022	$4,520	$18,992	$382,044	$-14,472
2021	$31,329	$12,479	$396,516	$18,850
2020	$130,662	$20,346	$377,666	$110,316
2019	$60,568	$29,471	$267,350	$31,097
2018	$56,357	$29,669	$236,253	$26,688

THE HOPE FOUNDATION FOR A BETTER TOMORROW INC