HopeWay Foundation (EIN 464510365) - 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

2014

Legal Domicile

Phone

9808592106

Tax Period

2023-01-01 to 2023-12-31

HopeWay Foundation, founded in 2014, is a mid-sized nonprofit in the Health Care sector that reported $20.6M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.4M, a strong 17% operating margin.

Mission

To broaden the scope of mental health care and education.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,822,336

Program Service Revenue $13,186,502

Investment Income $637,068

Other Revenue $-32,895

TOTAL REVENUE $20,613,011

Expense Breakdown

Grants Paid $299,770

Salaries & Benefits $12,163,684

Fundraising Expenses $608,695

Program Expenses $14,635,232

Other Expenses $4,724,964

TOTAL EXPENSES $17,188,418

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,613,011	$16,077,222	+0.3%
Expenses	$17,188,418	$15,248,356	+0.1%
Net Income	$3,424,593	$828,866	+3.1%

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

164

Volunteers

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

$819,613

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alyson R Kuroski-Mazzei	CEO	40.00	Officer	$539,592	$12,932	$552,524
Kevin Marra	Director of Medical Services	40.00		$409,998	$35,108	$445,106
Greer Mitchell	Director, Eating Disorders	40.00		$375,957	$24,381	$400,338
Justin Johnson	Director of Veteran Services	40.00		$372,425	$11,156	$383,581
Jason Peck	Psychiatrist	0.00		$307,275	$13,734	$321,009
Angela Kuntz	Medical Director of Admissions	40.00		$287,889	$12,164	$300,053
Catherine Walsh	CFO	40.00	Officer	$258,022	$9,067	$267,089
William F Blue Jr	Chairman	15.00	Officer Director	$0	$0	$0
Hank Flint	Director	1.00	Director	$0	$0	$0
Thomas L James	Director	1.00	Director	$0	$0	$0
Michael Elliott	Director	1.00	Director	$0	$0	$0
Betsy N Blue	Emeritus	1.00	Director	$0	$0	$0
Jane Hunter	Director	1.00	Director	$0	$0	$0
J Travis Hain	Vice Chair	1.00	Officer Director	$0	$0	$0
William Seymour	Director	1.00	Director	$0	$0	$0
Kathryn Kissam	Director	1.00	Director	$0	$0	$0
Karen Mattimore	Director	1.00	Director	$0	$0	$0
John Belk Jr	Director	1.00	Director	$0	$0	$0
Rob Buckfelder	Director	1.00	Director	$0	$0	$0
Benjamin Edelshain	Director	1.00	Director	$0	$0	$0
Alvaro G de Molina	Treasurer	1.00	Officer Director	$0	$0	$0
Lori Sklut	Secretary	1.00	Officer Director	$0	$0	$0
Maxine Swayne	Director	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	No data	No data	No data	No data
2023	$20,613,011	$17,188,418	$40,915,450	$3,424,593
2022	$16,077,222	$15,248,356	$33,459,883	$828,866
2021	$14,897,275	$12,954,211	$32,563,344	$1,943,064
2020	$10,714,864	$11,365,374	$30,119,051	$-650,510
2019	$12,091,553	$10,950,566	$31,072,832	$1,140,987
2018	$9,204,666	$9,191,683	$29,658,234	$12,983

HopeWay Foundation