Array of Hope Inc

EIN: 454427057 501(c)(3) Religion

OLD TAPPAN, NJ

Total Revenue
$1,257,095
Total Expenses
$1,200,764
Total Assets
$691,177
Net Assets
$611,175
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NJ
Principal Officer
Mario Costabile
Phone
2012613372
Tax Period
2025-01-01 to 2025-12-31

Array of Hope Inc, founded in 2012, is a community nonprofit in the Religion sector that reported $1.3M in total revenue in fiscal year 2025. Revenue decreased 11% compared to the prior year. Expenses of $1.2M left a modest 4% surplus.

Mission

The organizations programs include events missions retreats concerts films music and podcasts in service of spreading the Catholic faith.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $993,089
Program Service Revenue $131,942
Investment Income $1,934
Other Revenue $130,130
TOTAL REVENUE $1,257,095

Expense Breakdown

Grants Paid $0
Salaries & Benefits $761,980
Fundraising Expenses $23,055
Program Expenses $982,287
Other Expenses $438,784
TOTAL EXPENSES $1,200,764

Year-over-Year Comparison

2025 2024 Change
Revenue $1,257,095 $1,406,253 -0.1%
Expenses $1,200,764 $1,258,844 0.0%
Net Income $56,331 $147,409 -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

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Governance

Voting Members
5
Independent Members
5
Employees
14
Volunteers
N/A

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
2
$209,554
Total Directors
6
$209,554
Key Employees
1
$209,554
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mario Costabile Executive Director 50.00
Officer Director Key Emp Highest
$177,824 $31,730 $209,554
Vito J Delzotto Board Member - Treasurer 2.00
Officer Director
$0 $0 $0
John Matthew Knowles Board Member 2.00
Director
$0 $0 $0
Scott O'Rourke Board Member 2.00
Director
$0 $0 $0
Pamela Muller Swartzberg Board Member 2.00
Director
$0 $0 $0
Michael Rose Board Member 2.00
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
2025 $1,257,095 $1,200,764 $691,177 $56,331
2024 $1,406,253 $1,258,844 $619,934 $147,409
2023 $1,197,001 $1,223,444 $531,257 $-26,443
2022 $626,309 $1,216,525 $583,783 $-590,216
2021 $1,346,974 $867,567 $1,134,046 $479,407
2020 $908,617 $658,740 $633,856 $249,877
2019 $692,249 $578,965 $382,134 $113,284
2018 $328,164 $519,790 $260,765 $-191,626
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