Hope Acts

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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

Martha Stein

Phone

2072281140

Tax Period

2023-01-01 to 2023-12-31

Hope Acts, founded in 2012, is a small nonprofit in the Human Services sector that reported $819K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $777K left a modest 5% surplus.

Mission

Hope Acts offers asylum seekers access to housing and basic needs, assistance in navigating complex immigration processes, and resources for learning English to help them successfully transition to a new life in Maine.

Program Service Accomplishments

Program 1

Expenses: $158,156 Revenue: $107,450

Transition Housing at Hope House: Hope House is the first American home for up to 13 asylum seekers at a time in Greater Portland. In addition to a safe place to live, residents are provided...

Transition Housing at Hope House: Hope House is the first American home for up to 13 asylum seekers at a time in Greater Portland. In addition to a safe place to live, residents are provided individualized assistance to support them on the first step of their journey to an independent, fulfilling life in the U.S.

Program 2

Expenses: $63,011

Hope House English Language Program (HHELP) - HHELP offers English classes for beginner through intermediate level English language learners. HHELP classes are open to any adult wishing to learn or...

Program 3

Expenses: $454,813

Asylum Seeker Assistance Program (ASAP) - ASAP includes individualized services for asylum seekers including: a walk-in program for any asylum seeker needing assistance accessing and navigating...

Asylum Seeker Assistance Program (ASAP) - ASAP includes individualized services for asylum seekers including: a walk-in program for any asylum seeker needing assistance accessing and navigating resources in the Greater Portland community; housing placement and ongoing support, an asylum application assistance program and a work permit clinic. ASAP services are focused on eliminating barriers and moving asylum seekers from dependence to independence.

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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 $709,899

Program Service Revenue $107,450

Investment Income $1,584

Other Revenue $0

TOTAL REVENUE $818,933

Expense Breakdown

Grants Paid $0

Salaries & Benefits $543,631

Fundraising Expenses $31,019

Program Expenses $675,980

Other Expenses $233,855

TOTAL EXPENSES $777,486

Year-over-Year Comparison

	2023	2022	Change
Revenue	$818,933	$1,592,224	-0.5%
Expenses	$777,486	$472,028	+0.6%
Net Income	$41,447	$1,120,196	-1.0%

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

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

$74,714

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Thibodeau	President	2.00	Officer Director	$0	$0	$0
Bethany Smart	Vice President	2.00	Officer Director	$0	$0	$0
Ellie Miller	Treasurer	2.00	Officer Director	$0	$0	$0
Behzad Habibzai	Director	1.00	Director	$0	$0	$0
Felix Hagenimana	Director	1.00	Director	$0	$0	$0
Elizabeth Jackson	Director	1.00	Director	$0	$0	$0
Cadeau Assoumani	Director	1.00	Director	$0	$0	$0
Leslie Tremberth	Director	1.00	Director	$0	$0	$0
MaryPat Donnellon	Director	1.00	Director	$0	$0	$0
Innocent Ilunga	Director	1.00	Director	$0	$0	$0
Helio Medina	Director	1.00	Director	$0	$0	$0
Erin Oldham	Secretary	2.00	Officer Director	$0	$0	$0
Andy Nsimundele	Director	1.00	Director	$0	$0	$0
Martha Stein	Executive Director	35.00	Officer	$71,459	$3,255	$74,714

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	No data	No data	No data	No data
2023	$818,933	$777,486	$1,460,501	$41,447
2022	$1,592,224	$472,028	$1,420,507	$1,120,196
2021	$349,742	$291,566	$283,120	$58,176
2020	$320,309	$239,323	$231,848	$80,986
2019	$249,623	$214,671	$143,930	$34,952