TREASURES FOR HOPE INC (EIN 455044040) - 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

CHARLES L BENDER III

Phone

5617757195

Tax Period

2023-01-01 to 2023-12-31

TREASURES FOR HOPE INC, founded in 2012, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $7.3M exceeded revenue, resulting in a 263% operating deficit.

Mission

THE ORGANIZATION OPERATES A SOCIAL ENTERPRISE TO SUPPORT THE CHILDREN AND YOUNG ADULTS AT VILLAGE OF HOPE OF PALM BEACH COUNTY, INC.

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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 $1,240,635

Program Service Revenue $0

Investment Income $251,661

Other Revenue $526,435

TOTAL REVENUE $2,018,731

Expense Breakdown

Grants Paid $6,567,100

Salaries & Benefits $75,899

Fundraising Expenses $5,181

Program Expenses $7,289,845

Other Expenses $681,726

TOTAL EXPENSES $7,324,725

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,018,731	$3,739,647	-0.5%
Expenses	$7,324,725	$1,546,785	+3.7%
Net Income	$-5,305,994	$2,192,862	-3.4%

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

$687,468

Total Directors

$432,273

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES L BENDER III	CEO	1.00	Officer Director	$0	$38,520	$432,273
RONALD M NOCERA	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
LEIGHAN RINKER EDD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN T CHRISTIANSEN ESQ	DIRECTOR	1.00	Director	$0	$0	$0
PASTOR J TODD MULLINS DMIN	DIRECTOR	1.00	Director	$0	$0	$0
DR JOSEPH A KLOBA EDD NCC	DIRECTOR	1.00	Director	$0	$0	$0
DONNA J MULLINS	DIRECTOR	1.00	Director	$0	$0	$0
PASTOR ELLIS MAKENZIE	DIRECTOR	1.00	Director	$0	$0	$0
JEANNINE MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
PASTOR THOMAS D MULLINS DMIN	DIRECTOR	1.00	Director	$0	$0	$0
TOM LANE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN R ERBEY	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON ANDERSON	COO	1.00	Officer	$0	$31,221	$255,195

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	$2,018,731	$7,324,725	$8,167,204	$-5,305,994
2022	$3,739,647	$1,546,785	$13,509,349	$2,192,862
2021	$1,207,161	$1,543,072	$11,894,250	$-335,911
2020	$1,038,210	$426,399	$12,478,410	$611,811
2019	$546,345	$352,891	$2,156,513	$193,454
2018	$396,995	$362,526	$2,094,311	$34,469

TREASURES FOR HOPE INC