THE GALA OF HOPE FOUNDATION INC (EIN 464277044) - Form 990 Financial Analysis & Trantor Score

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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

MORGAN EDNIE

Phone

9372043620

Tax Period

2024-01-01 to 2024-12-31

THE GALA OF HOPE FOUNDATION INC, founded in 2013, is a community nonprofit in the Diseases & Disorders sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 190% from the prior year, signaling strong growth momentum. The organization ran a surplus of $906K, a strong 59% operating margin.

Mission

THE GALA OF HOPE FOUNDATION IS A NONPROFIT THAT RAISES FUNDS AND PROVIDES GRANTS TO ADVANCE CANCER DIAGNOSIS AND TREATMENT, SUPPORT PATIENTS AND FAMILIES, IMPROVE ACCESS TO CARE, AND FUND LOCAL RESEARCH AND PATIENT ADVOCACY EFFORTS.

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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 $1,231,210

Program Service Revenue $0

Investment Income $41,273

Other Revenue $259,048

TOTAL REVENUE $1,531,531

Expense Breakdown

Grants Paid $59,009

Salaries & Benefits $234,704

Fundraising Expenses $55,194

Program Expenses $378,041

Other Expenses $332,240

TOTAL EXPENSES $625,953

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,531,531	$527,843	+1.9%
Expenses	$625,953	$757,592	-0.2%
Net Income	$905,578	$-229,749	-4.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

103

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

$133,941

Total Directors

$145,716

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF BROCK	EXECUTIVE DIRECTOR-PART YEAR	45.00	Officer Director	$133,941	$0	$133,941
CARLY COX	INTERIM DIRECTOR-PART YEAR	1.00	Director	$11,775	$0	$11,775
TIFFANY KELLNER	PRESIDENT	1.00	Officer Director	$0	$0	$0
CAMERON MCGREGOR	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PHILLIP BLACK	TREASURER	1.00	Officer Director	$0	$0	$0
BARBARA MILLS	SECRETARY	1.00	Officer Director	$0	$0	$0
KIM BELCASTRO	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES BANE	TRUSTEE	1.00	Director	$0	$0	$0
LINDA BLACK-KUREK	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT MORRIS	TRUSTEE	1.00	Director	$0	$0	$0
REBECCAH RAINES	TRUSTEE	1.00	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	$1,531,531	$625,953	$1,706,516	$905,578

THE GALA OF HOPE FOUNDATION INC