CANYON HOPE MINISTRIES (EIN 454586540) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2012

Phone

8064339957

Tax Period

2024-01-01 to 2024-12-31

CANYON HOPE MINISTRIES, founded in 2012, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $290K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

THE PRIMARY PURPOSE OF CANYON HOPE MINISTRIES IS TO BE A SOURCE OF HOPE AND AID TO FAMILIES LIVING IN CANYON, TEXAS, AND THE SURROUNDING AREA.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $285,413

Program Service Revenue $0

Investment Income $7,034

Other Revenue $-2,169

TOTAL REVENUE $290,278

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,301

Fundraising Expenses $50,293

Program Expenses $211,455

Other Expenses $234,580

TOTAL EXPENSES $292,881

Year-over-Year Comparison

	2024	2023	Change
Revenue	$290,278	$255,027	+0.1%
Expenses	$292,881	$270,832	+0.1%
Net Income	$-2,603	$-15,805	-0.8%

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

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

$51,514

Total Directors

$51,514

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY SHEETS	Executive Dir.	40.00	Officer Director	$51,514	$0	$51,514
JOEL BROWN	President	1.00	Officer Director	$0	$0	$0
AMANDA HOLLOWAY	Vice President	1.00	Officer Director	$0	$0	$0
HEATH COCHRAN	Treasurer	1.00	Officer Director	$0	$0	$0
HALEY KING	Secretary	1.00	Officer Director	$0	$0	$0
KARI TRICE	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL DE LEON	BOARD MEMBER	1.00	Director	$0	$0	$0
DYLAN FURMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
STACIA HOUSER	BOARD MEMBER	1.00	Director	$0	$0	$0
RORI PHILLIPS	BOARD MEMBER	1.00	Director	$0	$0	$0
IAN ANSETT	BOARD MEMBER	1.00	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	$290,278	$292,881	$300,152	$-2,603
2023	$255,027	$270,832	$302,178	$-15,805
2022	$221,734	$218,651	$318,418	$3,083
2021	$252,290	$223,861	$316,389	$28,429
2020	$237,960	$196,158	$287,268	$41,802
2019	$265,614	$246,655	$245,668	$18,959
2018	$252,925	$221,555	$226,336	$31,370

CANYON HOPE MINISTRIES