HOPE FOR MONROE (EIN 462189569) - 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

2019

Legal Domicile

Phone

3183664752

Tax Period

2022-01-01 to 2022-12-31

HOPE FOR MONROE, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $587K in total revenue in fiscal year 2022. Revenue surged 185% from the prior year, signaling strong growth momentum. Expenses of $562K left a modest 4% surplus.

Mission

To address and positively impact poverty and lack in the community through educating young minds through S.T.E.A.M. and arming adults with knowledge and tools designed to strengthen the mental social and economic position.

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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 (2022)

Revenue Breakdown

Contributions & Grants $580,493

Program Service Revenue $6,958

Investment Income $0

Other Revenue $0

TOTAL REVENUE $587,451

Expense Breakdown

Grants Paid $52,329

Salaries & Benefits $117,356

Fundraising Expenses $0

Program Expenses $293,809

Other Expenses $392,309

TOTAL EXPENSES $561,994

Year-over-Year Comparison

	2022	2021	Change
Revenue	$587,451	$206,056	+1.9%
Expenses	$561,994	$140,474	+3.0%
Net Income	$25,457	$65,582	-0.6%

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

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

Total Directors

$61,960

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles Price	President	5.00	Officer Director	$0	$0	$0
Keith Williams	Vice President	5.00	Officer Director	$0	$0	$0
Beatrice Brown	Secretary	5.00	Officer Director	$0	$0	$0
Odell Riley	Trustee	30.00	Director	$34,000	$0	$34,000
LaFreada Riley	Trustee	40.00	Director	$27,960	$0	$27,960

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
2022	$587,451	$561,994	$105,279	$25,457
2021	$206,056	$140,474	$78,893	$65,582

HOPE FOR MONROE