HOPEFUL WAYS

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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

JAMES J CARLINS

Phone

7169098942

Tax Period

2024-03-01 to 2025-02-28

HOPEFUL WAYS, founded in 2013, is a micro nonprofit in the Religion sector that reported $45K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $39K left a modest 15% surplus.

Mission

Hopeful Ways provides free medical and humanitarian services and educational opportunities to the people of Central America, with the focus on eye care.

Program Service Accomplishments

Program 1

Expenses: $34,681

EYE CARE MEDICAL MISSION PROJECTS TO NICARAGUA. PATIENTS WITH EYE EXAMINATIONS AND EYEGLASSES WERE DISDENPENSED. PATIENTS RECEIVED CATARACT SURGERY AT THE CLINIC IN MANAGUA NICARAGUA

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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 (2024)

Revenue Breakdown

Contributions & Grants $42,983

Program Service Revenue $0

Investment Income $1,481

Other Revenue $730

TOTAL REVENUE $45,194

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,681

Other Expenses $38,609

TOTAL EXPENSES $38,609

Year-over-Year Comparison

	2024	2023	Change
Revenue	$45,194	$50,505	-0.1%
Expenses	$38,609	$43,803	-0.1%
Net Income	$6,585	$6,702	0.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM CARLINS	PRESIDENT	015.00	Officer Director	$0	$0	$0
LORETTA CARLINS	SECRETARY	005.00	Officer Director	$0	$0	$0
PAUL LORIO	TREASURER	005.00	Officer Director	$0	$0	$0
ROSEMARY METZLER	BOARD MEMBER	005.00	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
2025	$45,194	$38,609	$60,617	$6,585
2024	$50,505	$43,803	$54,509	$6,702
2023	$26,245	$22,646	$47,807	$3,599
2022	$24,389	$14,976	$44,208	$9,413
2021	$15,144	$14,676	$34,795	$468
2020	$12,960	$18,474	$31,577	$-5,514
2019	$17,636	$12,601	$37,091	$5,035