ARK OF HOPE INTERNATIONAL INC

EIN: 462127507 501(c)(3) Human Services

IRVINGTON, NJ

Total Revenue
$35,000
Total Expenses
$55,506
Total Assets
$112,791
Net Assets
$94,544
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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
2014
Legal Domicile
NJ
Principal Officer
CHIDIEBERE UGWUH
Phone
9737044097
Tax Period
2023-01-01 to 2023-12-31

ARK OF HOPE INTERNATIONAL INC, founded in 2014, is a micro nonprofit in the Human Services sector that reported $35K in total revenue in fiscal year 2023. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $56K exceeded revenue, resulting in a 59% operating deficit.

Mission

Providing a service to cancer victims

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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 (2023)

Revenue Breakdown

Contributions & Grants $35,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $35,000

Expense Breakdown

Grants Paid $8,941
Salaries & Benefits $0
Fundraising Expenses $7,160
Other Expenses $46,565
TOTAL EXPENSES $55,506

Year-over-Year Comparison

2023 2022 Change
Revenue $35,000 $115,050 -0.7%
Expenses $55,506 $230,000 -0.8%
Net Income $-20,506 $-114,950 -0.8%
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
1
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHIDIEBERE UGWUH PRESIDENT N/A
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
2024 No data No data No data No data
2023 $35,000 $55,506 $112,791 $-20,506
2022 $115,050 $230,000 $135,108 $-114,950
2021 $230,000 $125,233 $333,642 $104,767
2020 $125,233 $143,857 $181,756 $-18,624
2019 $178,900 $80,340 $173,708 $98,560
2018 $168,197 $73,095 $120,605 $95,102
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