HOPE THAT BINDS INC

EIN: 464105551 501(c)(3) Human Services

PADUCAH, KY

Total Revenue
$419,044
Total Expenses
$346,163
Total Assets
$154,608
Net Assets
$154,608
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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
KY
Principal Officer
WENDY D WILSON
Phone
2705599649
Tax Period
2023-01-01 to 2023-12-31

HOPE THAT BINDS INC, founded in 2013, is a small nonprofit in the Human Services sector that reported $419K in total revenue in fiscal year 2023. The organization ran a surplus of $73K, a strong 17% operating margin.

Mission

PROVIDING ADOPTION AND FOSTER CARE SERVICES

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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 $411,671
Program Service Revenue $0
Investment Income $0
Other Revenue $7,373
TOTAL REVENUE $419,044

Expense Breakdown

Grants Paid $195,402
Salaries & Benefits $41,727
Fundraising Expenses $27,518
Program Expenses $298,972
Other Expenses $109,034
TOTAL EXPENSES $346,163

Year-over-Year Comparison

2023 2022 Change
Revenue $419,044 N/A N/A
Expenses $346,163 N/A N/A
Net Income $72,881 N/A N/A
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
8
Independent Members
5
Employees
3
Volunteers
10

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
3
$39,643
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WENDY WILSON PRESIDENT 5.00
Officer Director
$0 $0 $0
BRAD DOLL SEC/TREAS 5.00
Officer
$0 $0 $0
BROOKE KELLY VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
JEFF DAVIS DIRECTOR 1.00
Director
$0 $0 $0
RITA PUGH DIRECTOR 1.00
Director
$0 $0 $0
CHRIS LAWRENCE DIRECTOR 1.00
Director
$0 $0 $0
SARAH HOUSMAN DIRECTOR 1.00
Director
$0 $0 $0
OLIVIA LOOPER EXECUTIVE DIRECTOR 20.00
Key Emp
$26,443 $0 $26,443
JONI CARRICO ORGANIZATIONAL 10.00
Key Emp
$10,000 $0 $10,000
ASHLEY HARVEY MERCHANDISE COORDINATOR 5.00
Key Emp
$3,200 $0 $3,200
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 $419,044 $346,163 $154,608 $72,881
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