HOPEHEALTH

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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

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

OUR PURPOSE IS TO OFFER OUR SKILLS AND HEARTS TO HELP PATIENTS AND FAMILIES LIVE EACH DAY WITH HOPE AND DIGNITY.

Program Service Accomplishments

Program 1

Expenses: $4,548,815 Revenue: $13,684,938

TO ASSIST ITS RELATED AFFILIATES WITH ORGANIZATIONAL AND MANAGEMENT ACTIVITIES.

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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 (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

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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

170

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

$864,346

Total Directors

Key Employees

$486,665

Highest Compensated

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