THERE'S HOPE FOR THE HUNGRY INC (EIN 461703091) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

DR JEFF JACKSON

Phone

6785139400

Tax Period

2024-01-01 to 2024-12-31

THERE'S HOPE FOR THE HUNGRY INC, founded in 2013, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $945K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

TO SPREAD THE GOSPEL THROUGH DISTRIBUTION OF FOOD, SERVICES, SUPPLIES AND OTHER DAILY STAPLES IN SUPPORT OF THESE INDIVIDUALS AND FAMILIES IN NEED.

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $941,689

Program Service Revenue $0

Investment Income $2,437

Other Revenue $1,291

TOTAL REVENUE $945,417

Expense Breakdown

Grants Paid $0

Salaries & Benefits $682,982

Fundraising Expenses $0

Program Expenses $901,149

Other Expenses $339,433

TOTAL EXPENSES $1,022,415

Year-over-Year Comparison

	2024	2023	Change
Revenue	$945,417	$735,432	+0.3%
Expenses	$1,022,415	$934,288	+0.1%
Net Income	$-76,998	$-198,856	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

340

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

$159,729

Total Directors

$100,682

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR RICHARD LEE	BOARD MEMBER	1.00	Director	$35,000	$0	$100,682
MR TOM PAUL	BOARD MEMBER	1.00	Director	$0	$0	$0
MR EVERETT MAJOR	BOARD MEMBER	1.00	Director	$0	$0	$0
MR MELVIN BENSON	TREASURER	1.00	Officer	$70,500	$0	$70,500
MS PATRICIA REDDING	SECRETARY	1.00	Officer	$42,000	$0	$89,229
MR SKIP PUTNAM	BOARD MEMBER	1.00	Officer	$0	$0	$0
DR JEFF JACKSON	PRESIDENT	5.00	Officer	$0	$0	$0
DAVID GIDEON	EMPLOYEE	40.00	Highest	$100,544	$0	$100,544
CHRISTOPHER JACKSON	EMPLOYEE	40.00	Highest	$108,541	$0	$108,541
GREGORY NALLS	EMPLOYEE	40.00	Highest	$106,041	$0	$106,041
JOHN NEVILLE	EMPLOYEE	40.00	Highest	$140,738	$0	$140,738

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
2024	$945,417	$1,022,415	$361,675	$-76,998
2023	$735,432	$934,288	$448,966	$-198,856
2022	$837,716	$881,735	$653,473	$-44,019
2021	$944,172	$834,641	$682,475	$109,531
2020	$786,015	$792,086	$583,420	$-6,071
2019	$995,365	$792,043	$575,290	$203,322
2018	$736,136	$533,471	$374,859	$202,665

THERE'S HOPE FOR THE HUNGRY INC