West Bloomfield, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hope for HIE, founded in 2013, is a small nonprofit in the Diseases & Disorders sector that reported $223K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $290K exceeded revenue, resulting in a 30% operating deficit.
Hope for HIE works to improve the quality of life for children and families affected by neonatal and pediatric-acquired Hypoxic Ischemic Encephalopathy through awareness education and support.
Awareness & Education - Partner with clinicians researchers industry and professional organizations to bridge medical and educational gap areas build health information literacy for the greater HIE...
Awareness & Education - Partner with clinicians researchers industry and professional organizations to bridge medical and educational gap areas build health information literacy for the greater HIE community and engage with volunteers and other key stakeholders.
Outreach & Family Support - Provide care packages and support materials to hospitals and NICUs around the country for families recently affected by HIE. Provide ongoing family support through...
Outreach & Family Support - Provide care packages and support materials to hospitals and NICUs around the country for families recently affected by HIE. Provide ongoing family support through networking collaboration and in-person retreats.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $223,106 | $236,869 | -0.1% |
| Expenses | $290,097 | $213,522 | +0.4% |
| Net Income | $-66,991 | $23,347 | -3.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Betsy Pilon | Executive Director | 45.00 |
Key Emp
|
$86,047 | $0 | $86,047 |
| Danielle Barber | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Amy Cutler | Director - Professional Outreach Chair | 5.00 |
Director
|
$0 | $0 | $0 |
| Becky Detlaf | Director - Secretary Loss Coordinator | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Ford | Director - President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Matthew Kegyes | Director - Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Crystal Kostick | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $223,106 | $290,097 | $238,335 | $-66,991 |
| 2022 | $236,869 | $213,522 | $305,326 | $23,347 |
Compare Hope for HIE with other nonprofits in Michigan and across the country.