FOR HOPE US INC

EIN: 463891741 501(c)(3) Human Services

MOBILE, AL

Total Revenue
$1,817,995
Total Expenses
$2,049,718
Total Assets
$530,703
Net Assets
$529,647
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
FL
Principal Officer
KELLY JOHNSON
Phone
2514156494
Tax Period
2024-01-01 to 2024-12-31

For Hope US Inc, founded in 2013, is a small nonprofit in the Human Services sector that reported $953K in total revenue in fiscal year 2018. Revenue decreased 6% compared to the prior year. Expenses of $903K left a modest 5% surplus.

Mission

TO RAISE AWARENESS OF THE NEEDS OF ORPHANAGES AND ORPHANS. RAISE FUNDS TO HELP SUPPORT ORPHANAGES. HELP SUPPORT AND DEVELOP THE COMMUNITIES AROUND THE ORPHANAGES. PROVIDE FOOD, HOUSING, MEDICAL CARE, AND EDUCATIONAL OPPORTUNITIES AND MISCELLANEOUS OTHER NEEDS FOR THE ORPHANAGES AND ORPHAN CHILDREN. TO PROVIDE SUPPORT FOR FAMILIES ADOPTING CHILDREN FROM ORPHANAGES.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,551,144
Program Service Revenue $266,851
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,817,995

Expense Breakdown

Grants Paid $0
Salaries & Benefits $297,584
Fundraising Expenses $0
Program Expenses $2,044,684
Other Expenses $1,752,134
TOTAL EXPENSES $2,049,718

Year-over-Year Comparison

2024 2023 Change
Revenue $1,817,995 $2,151,000 -0.2%
Expenses $2,049,718 $2,238,348 -0.1%
Net Income $-231,723 $-87,348 +1.7%
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

Sign In

Governance

Voting Members
10
Independent Members
9
Employees
5
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
$159,004
Total Directors
9
$159,004
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLY JOHNSON PRESIDENT 40.00
Officer Director
$159,004 $0 $159,004
TONY BROCK DIRECTOR 2.00
Director
$0 $0 $0
TRAVIS C JOHNSON DIRECTOR 5.00
Director
$0 $0 $0
WESLEY WEATHERFORD CHAIRMAN 2.00
Director
$0 $0 $0
JIM MILLIGGAN DIRECTOR 2.00
Director
$0 $0 $0
BRAD PITTS DIRECTOR 2.00
Director
$0 $0 $0
MIKE ADDISON DIRECTOR 2.00
Director
$0 $0 $0
ROCKY MCKINLEY DIRECTOR 2.00
Director
$0 $0 $0
TORREY HERRIN DIRECTOR 2.00
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
2024 $1,817,995 $2,049,718 $530,703 $-231,723
2024 $1,817,995 $2,049,718 $530,703 $-231,723
2023 $2,151,000 $2,238,348 $800,197 $-87,348
2022 $2,520,836 $2,238,814 $877,305 $282,022
2021 $1,879,369 $1,480,739 $598,582 $398,630
2020 $1,377,333 $1,286,529 $228,992 $90,804
2019 $1,207,585 $1,165,507 $104,561 $42,078
2018 $953,007 $902,768 $57,625 $50,239
Explore More Nonprofits
Top 100 Nonprofits in Alabama Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FOR HOPE US INC with other nonprofits in Alabama and across the country.