HOPEHEALTH

EIN: 454391049 501(c)(3) Human Services

PROVIDENCE, RI

Total Revenue
$13,684,938
Total Expenses
$13,775,495
Total Assets
$18,665,409
Net Assets
$1,223,277
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
RI
Principal Officer
DIANA FRANCHITTO
Phone
4014154200
Tax Period
2023-10-01 to 2024-09-30

HOPEHEALTH, founded in 2011, is a mid-sized nonprofit in the Human Services sector that reported $13.7M in total revenue in fiscal year 2023. Revenue surged 942% from the prior year, signaling strong growth momentum.

Mission

TO SUPPORT ITS EXEMPT AFFILIATES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $13,684,938
Investment Income $0
Other Revenue $0
TOTAL REVENUE $13,684,938

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,739,614
Fundraising Expenses $638,545
Program Expenses $4,548,815
Other Expenses $1,035,881
TOTAL EXPENSES $13,775,495

Year-over-Year Comparison

2023 2022 Change
Revenue $13,684,938 $1,313,834 +9.4%
Expenses $13,775,495 N/A N/A
Net Income $-90,557 $1,313,834 -1.1%
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

Sign In

Governance

Voting Members
22
Independent Members
22
Employees
170
Volunteers
27

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
5
$864,346
Total Directors
26
$0
Key Employees
1
$486,665
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH ARNOLD DIRECTOR 0.12
Director
$0 $0 $0
GEORGE BABCOCK DIRECTOR 0.06
Director
$0 $0 $0
CARIE BAILEY DIRECTOR 0.12
Director
$0 $0 $0
JEFFREY BRADLEY DIRECTOR 0.14
Director
$0 $0 $0
JANET COOPER NELSON REV DIRECTOR 0.12
Director
$0 $0 $0
DEBORAH CORNWALL DIRECTOR 0.14
Director
$0 $0 $0
BARBARA COTTAM DIRECTOR (LEFT 12/2023) 0.03
Director
$0 $0 $0
KWAME DAPAAH-AFRIYIE DIRECTOR 0.09
Director
$0 $0 $0
SUSAN DESANTO-MADEYA DIRECTOR 0.14
Director
$0 $0 $0
MICHAEL DISANDRO DIRECTOR 0.14
Director
$0 $0 $0
RUTH FAIN DIRECTOR 0.14
Director
$0 $0 $0
PETER KARCZMAR MD DIRECTOR 0.09
Director
$0 $0 $0
KEITH KELLY CHAIR 0.09
Officer Director
$0 $0 $0
AUDREY KYDD DIRECTOR 0.14
Director
$0 $0 $0
MAYER LEVITT DIRECTOR 0.12
Director
$0 $0 $0
CHRISTOPHER MARSELLA DIRECTOR 0.09
Director
$0 $0 $0
THERESA MOORE DIRECTOR 0.12
Director
$0 $0 $0
VINCENT MOR DIRECTOR 0.14
Director
$0 $0 $0
MICHAEL MURPHY DIRECTOR (LEFT 12/2023) 0.06
Director
$0 $0 $0
MARCIA NEIBURG DIRECTOR (START 12/2023) 0.12
Director
$0 $0 $0
ARTHUR ROBBINS DIRECTOR (LEFT 2/2024) 0.09
Director
$0 $0 $0
FRED SCHIFFMAN MD DIRECTOR (LEFT12/2023) 0.06
Director
$0 $0 $0
STEPHEN SOSCIA TREASURER 0.12
Officer Director
$0 $0 $0
PAUL STAJDUHAR DIRECTOR 0.14
Director
$0 $0 $0
MARK TRACY SECRETARY 0.14
Officer Director
$0 $0 $0
MARK YOUNG DIRECTOR 0.12
Director
$0 $0 $0
DIANA FRANCHITTO PRESIDENT & CEO 0.00
Officer
$488,735 $30,174 $518,909
ADOZINDA F KANE CFO (LEFT 6/2024) 0.00
Officer
$310,390 $35,047 $345,437
EDWARD MARTIN CHIEF MEDICAL OFFICER 0.00
Key Emp
$458,115 $28,550 $486,665
JENNIFER M RITZAU VICE PRESIDENT, MEDICAL STAFF 35.00
Highest
$329,465 $33,743 $363,208
JULIE CONWAY CHIEF CLINICAL OFFICER 40.00
Highest
$222,335 $17,113 $239,448
JENNIFER LEPRE CHIEF HUMAN RESOURCES OFFICER 40.00
Highest
$266,706 $28,862 $295,568
DIANA ZAPATA CHIEF GROWTH & MARKETING OFFICER 40.00
Highest
$239,031 $33,828 $272,859
GARY M CROTEAU CHIEF INFORMATION OFFICER-CSO 40.00
Highest
$215,622 $28,304 $243,926
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 $13,684,938 $13,775,495 $18,665,409 $-90,557
2023 $1,313,834 No data $3,720,819 No data
2022 No data No data $24,275,147 No data
2021 No data No data $9,312,829 No data
2020 No data No data No data No data
2019 No data No data No data No data
2018 No data No data No data No data
Explore More Nonprofits
→Top 100 Nonprofits in Rhode Island →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HOPEHEALTH with other nonprofits in Rhode Island and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.