Hope for HIE

EIN: 464038344 501(c)(3) Diseases & Disorders

West Bloomfield, MI

Total Revenue
$223,106
Total Expenses
$290,097
Total Assets
$238,335
Net Assets
$238,335
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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
MI
Principal Officer
David Ford
Phone
4285748099
Tax Period
2023-01-01 to 2023-12-31

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.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $64,103 Revenue: $0

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...

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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.

Program 2
Expenses: $33,254 Revenue: $0

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...

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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.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $222,694
Program Service Revenue $0
Investment Income $412
Other Revenue $0
TOTAL REVENUE $223,106

Expense Breakdown

Grants Paid $0
Salaries & Benefits $154,846
Fundraising Expenses $8,605
Program Expenses $245,580
Other Expenses $135,251
TOTAL EXPENSES $290,097

Year-over-Year Comparison

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%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
40

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
3
$0
Total Directors
6
$0
Key Employees
1
$86,047
Highest Compensated
0
reported
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
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 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
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