CONVOY OF HOPE FOUNDATION

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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

2013

Legal Domicile

Principal Officer

HAL DONALDSON

Phone

4178238998

Tax Period

2021-01-01 to 2021-12-31

CONVOY OF HOPE FOUNDATION, founded in 2013, is a small nonprofit in the Religion sector that reported $152K in total revenue in fiscal year 2021. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $297K exceeded revenue, resulting in a 96% operating deficit.

Mission

CONVOY OF HOPE FOUNDATION WAS FORMED TO SUPPORT CONVOY OF HOPE, A 501(C)(3) ORGANIZATION, AND OTHER CHARITABLE ORGANIZATIONS IN ITS SUPPORTED CLASS. THE FOUNDATION MAKES GRANTS TO CONVOY OF HOPE AND OTHER EXEMPT 501(C)(3) ORGANIZATIONS WITHIN THE SUPPORTED CLASS TO SUPPORT THEIR EXEMPT PURPOSES. THE FOUNDATION WILL MAINTAIN RECORDS TO ACCOUNT FOR ALL CONTRIBUTIONS MADE BY THE FOUNDATION AND THE DISTRIBUTION OF GRANTS TO THE SUPPORTED ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $49,018

DURING FISCAL YEAR 2021, CONVOY OF HOPE FOUNDATION MAINTAINED ONE PERMANENT ENDOWMENT AND EIGHT DONOR ADVISED FUNDS. THE FOUNDATION SUPPORTED CONVOY OF HOPE THROUGH ITS DONOR ADVISED FUND PROGRAM.

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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 (2021)

Revenue Breakdown

Contributions & Grants $194,683

Program Service Revenue $0

Investment Income $-43,091

Other Revenue $0

TOTAL REVENUE $151,592

Expense Breakdown

Grants Paid $49,018

Salaries & Benefits $0

Fundraising Expenses $55,000

Program Expenses $49,018

Other Expenses $193,337

TOTAL EXPENSES $297,355

Year-over-Year Comparison

	2021	2020	Change
Revenue	$151,592	$2,499,160	-0.9%
Expenses	$297,355	$486,483	-0.4%
Net Income	$-145,763	$2,012,677	-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

Governance

Voting Members

Independent Members

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

$1,346,842

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE	0.00		$0	$0	$0
HAL DONALDSON	PRESIDENT & CEO	1.00	Officer	$0	$76,748	$467,355
KREGG HOOD	SENIOR VP & CBO	1.00	Officer	$0	$15,922	$246,370
KEITH BOUCHER	SENIOR VP & ECOS	1.00	Officer	$0	$45,567	$320,718
RICK WAGGONER	VP & CHIEF DEVELOPMENT OFF	1.00	Officer	$0	$23,566	$312,399

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	$151,592	$297,355	$5,269,335	$-145,763
2020	$2,499,160	$486,483	$5,353,801	$2,012,677
2019	$383,486	$724,397	$5,189,234	$-340,911
2018	$525,374	$370,169	$5,601,304	$155,205