FOSTERING HOPE NEW ENGLAND INC (EIN 455564547) - 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

JONATHAN REID

Phone

4015240949

Tax Period

2024-07-01 to 2025-06-30

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.

Mission

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 UP NEW FOSTER AND ADOPTIVE FAMILIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $550,472

Program Service Revenue $24,361

Investment Income $18,800

Other Revenue $25,974

TOTAL REVENUE $619,607

Expense Breakdown

Grants Paid $0

Salaries & Benefits $345,358

Fundraising Expenses $60,010

Program Expenses $321,293

Other Expenses $102,973

TOTAL EXPENSES $448,331

Year-over-Year Comparison

	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%

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

350

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

$230,593

Total Directors

Key Employees

Highest Compensated

reported

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

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
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

FOSTERING HOPE NEW ENGLAND INC