Providence, RI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)FOSTERING HOPE NEW ENGLAND INC, founded in 2012, is a small nonprofit in the Human Services sector that reported $620K in total revenue in fiscal year 2024. Revenue surged 214% from the prior year, signaling strong growth momentum. The organization ran a surplus of $171K, a strong 28% operating margin.
WE EMPOWER CHURCHES AND INDIVIDUALS TO CARE FOR CHILDREN AND FAMILIES IMPACTED BY FOSTER CARE. WE PARTNER WITH CHURCHES TO HELP THEM ESTABLISH SUSTAINABLE CULTURES OF SERICE TO THE FOSTER CARE COMMUNITY, WITH PARTICULAR FOCUS ON RAISING
CREATING AWARENESS, COMMUNICATING VISION, AND PROVIDING SOLUTIONS THAT LEAD PEOPLE AND CHURCHES TO CARE FOR CHILDREN, FAMILIES, AND PROFESSIONALS IMPACTED BY FOSTER CARE. WE ACHIEVE THIS THROUGH...
CREATING AWARENESS, COMMUNICATING VISION, AND PROVIDING SOLUTIONS THAT LEAD PEOPLE AND CHURCHES TO CARE FOR CHILDREN, FAMILIES, AND PROFESSIONALS IMPACTED BY FOSTER CARE. WE ACHIEVE THIS THROUGH CAREGIVING TRAINING, ESTABLISHING REGIONAL NETWORKS OF CHURCHES AND PROVIDING SUPPORT TEAMS FOR FAMILIES.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $619,607 | $197,224 | +2.1% |
| Expenses | $448,331 | $224,844 | +1.0% |
| Net Income | $171,276 | $-27,620 | -7.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JONATHAN REID | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$115,575 | $0 | $115,575 |
| MICHAEL BROWN | ASSOCIATE DIRECTOR | 40.00 |
Officer
|
$115,018 | $0 | $115,018 |
| TRAVIS SHULTZ | TREASURER | 5.00 |
Director
|
$0 | $0 | $0 |
| WENDY JACOBI | BOARD CHAIR | 5.00 |
Director
|
$0 | $0 | $0 |
| HOPE HASLAM-STRAUGHAN | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| LARA DURAND | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| PATRICK MENARD | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $619,607 | $448,331 | $672,713 | $171,276 |
| 2024 | $197,224 | $224,844 | $511,459 | $-27,620 |
| 2024 | $619,607 | $448,331 | $672,713 | $171,276 |
| 2023 | $400,209 | $350,872 | $480,464 | $49,337 |
| 2022 | $465,119 | $353,629 | $419,913 | $111,490 |
| 2021 | $366,016 | $230,155 | $317,140 | $135,861 |
| 2020 | $220,691 | $173,394 | $178,641 | $47,297 |
Compare FOSTERING HOPE NEW ENGLAND INC with other nonprofits in Rhode Island and across the country.