HOPE EVERLASTING MINISTRY

EIN: 455035199 501(c)(3) Religion

TRUSSVILLE, AL

Total Revenue
$392,943
Total Expenses
$241,693
Total Assets
$944,363
Net Assets
$944,363
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2012
Principal Officer
DERRICK JORDAN
Phone
2055165064
Tax Period
2023-01-01 to 2023-12-31

HOPE EVERLASTING MINISTRY, founded in 2012, is a small nonprofit in the Religion sector that reported $323K in total revenue in fiscal year 2021. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

GIVE HOPE TO THE PEOPLE

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $392,943
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $392,943

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,474
Fundraising Expenses $0
Other Expenses $128,219
TOTAL EXPENSES $241,693

Year-over-Year Comparison

2023 2022 Change
Revenue $392,943 $342,192 +0.1%
Expenses $241,693 $525,094 -0.5%
Net Income $151,250 $-182,902 -1.8%
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
6
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
2
$33,476
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DERRICK JORDAN PASTOR 30
Highest
$39,938 $0 $39,938
MYRUS STRONG MUSICIAN 15
Key Emp
$22,738 $0 $22,738
CAREESE AGEE SOUND COORDINATOR 15
Key Emp
$10,738 $0 $10,738
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
2023 $392,943 $241,693 $944,363 $151,250
2022 $342,192 $523,984 $801,968 $-181,792
2021 $323,475 $320,093 $467,103 $3,382
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