HOPE NOW

EIN: 461498720 501(c)(3) Human Services

PARK RAPIDS, MN

Total Revenue
$139,004
Total Expenses
$128,225
Total Assets
$18,358
Net Assets
$18,358
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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
MN
Principal Officer
SCOTT NORLING
Phone
6129403297
Tax Period
2021-01-01 to 2021-12-31

HOPE NOW, founded in 2012, is a small nonprofit in the Human Services sector that reported $139K in total revenue in fiscal year 2021. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $128K left a modest 8% surplus.

Mission

PROVIDE MEDICAL AID, EDUCATIONAL RESOURCES AND HUMAN TRAFFICKING RESOURCES FOR PEOPLE IN INDIA, CAMBODIA, THAILAND

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $139,004
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $139,004

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $190
Program Expenses $126,380
Other Expenses $128,225
TOTAL EXPENSES $128,225

Year-over-Year Comparison

2021 2020 Change
Revenue $139,004 $238,286 -0.4%
Expenses $128,225 $233,237 -0.5%
Net Income $10,779 $5,049 +1.1%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$354,669
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT NORLING PRESIDENT 001.00
Officer
$0 $207,000 $354,669
HARLEY SWARTOUT VICE PRESIDENT 001.00
Officer
$0 $0 $0
TIM KELLY SECRETARY 001.00
Officer
$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
2021 $139,004 $128,225 $18,358 $10,779
2021 $139,004 $128,225 $18,358 $10,779
2020 $238,286 $233,237 $7,579 $5,049
2019 $149,024 $147,441 $2,530 $1,583
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