HOPE COMMUNITY CORPORATION (EIN 454484855) - 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

2012

Legal Domicile

Principal Officer

TERRENCE MCDONALD

Phone

5416875820

Tax Period

2023-10-01 to 2024-09-30

HOPE COMMUNITY CORPORATION, founded in 2012, is a small nonprofit in the Human Services sector that reported $375K in total revenue in fiscal year 2023. Revenue surged 1168% from the prior year, signaling strong growth momentum. Expenses of $509K exceeded revenue, resulting in a 36% operating deficit.

Mission

TO PROVIDE PERSON TO PERSON SERVICES TO ASCERTAIN AND FULFILL THE BASIC NEEDS FOR THOSE MOST AT RISK IN THE COMMUNITY. HOUSING IS A BASIC NEED AND THEREFORE, HOPE COMMUNITY CORPORATION SHALL DEPLOY ITS ASSETS AND RESOURCES TO, AMONG OTHER ACTIVITIES AND SERVICES, SPECIFICALLY PROMOTE AFFORDABLE HOUSING, INCLUDING BUT NOT LIMITED TO THE FABRICATION AND DEPLOYMENT OF MANUFACTURED HOMES FOR INDIVIDUALS WHO ARE HOUSING CHALLENGED IN HOPE COMMUNITY CORPORATION'S SOLE DISCRETION. HOPE COMMUNITY CORPORATION MAY ALSO ENGAGE IN THE PROVISION OF ANY AND ALL SERVICES AND PRODUCTS ANCILLARY TO AFFORDABLE HOUSING FOR INDIVIDUALS WHO ARE HOUSING CHALLENGED IN HOPE COMMUNITY CORPORATION'S SOLE DISCRETION.

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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 $219,187

Program Service Revenue $0

Investment Income $94,194

Other Revenue $61,610

TOTAL REVENUE $374,991

Expense Breakdown

Grants Paid $219,187

Salaries & Benefits $12,106

Fundraising Expenses $0

Program Expenses $487,125

Other Expenses $277,306

TOTAL EXPENSES $508,599

Year-over-Year Comparison

	2023	2022	Change
Revenue	$374,991	$29,569	+11.7%
Expenses	$508,599	$475,174	+0.1%
Net Income	$-133,608	$-445,605	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRENCE MCDONALD	PRESIDENT	3.00	Officer Director	$0	$0	$0
BETHANY CARTLEDGE	SECRETARY/TR	3.00	Officer Director	$0	$0	$0
WILLIAM VAN VLIET	VICE PRESIDE	0.50	Officer Director	$0	$0	$0
TOM KEMPER	DIRECTOR	0.50	Director	$0	$0	$0
BRUCE WOOD	DIRECTOR	1.00	Director	$0	$0	$0
WALLACE A GLAUSI	DIRECTOR	2.00	Director	$0	$0	$0
GARY MEILI	DIRECTOR	0.60	Director	$0	$0	$0
SKYLAR JONES	DIRECTOR	0.65	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	$374,991	$508,599	$21,068,970	$-133,608
2023	$29,569	$475,174	$15,214,351	$-445,605
2022	$15,155,671	$1,270,394	$14,999,292	$13,885,277
2022	$15,155,671	$1,270,394	$14,999,292	$13,885,277
2021	$3,888,490	$3,166,351	$9,255,366	$722,139
2020	$3,293,047	$3,199,164	$8,471,684	$93,883
2019	$4,017,607	$3,851,892	$8,418,832	$165,715
2018	$3,845,311	$3,728,868	$8,253,116	$116,443

HOPE COMMUNITY CORPORATION