HOPE FOR YOU INC

EIN: 464884985 501(c)(3) Human Services

Greenville, TX

Total Revenue
$276,292
Total Expenses
$296,229
Total Assets
$754,117
Net Assets
$549,123
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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
2015
Legal Domicile
TX
Principal Officer
FUNMILAYO ADEYEMI
Phone
8178974623
Tax Period
2024-01-01 to 2024-12-31

HOPE FOR YOU INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $276K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

To eliminate poverty in the world,empower the human potential for self reliance & restore the power of hope for every individual. See separate statement for full mission statement.

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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 (2024)

Revenue Breakdown

Contributions & Grants $274,133
Program Service Revenue $0
Investment Income $2,159
Other Revenue $0
TOTAL REVENUE $276,292

Expense Breakdown

Grants Paid $84,755
Salaries & Benefits $54,097
Fundraising Expenses $10,160
Program Expenses $244,698
Other Expenses $157,377
TOTAL EXPENSES $296,229

Year-over-Year Comparison

2024 2023 Change
Revenue $276,292 $244,765 +0.1%
Expenses $296,229 $289,103 +0.0%
Net Income $-19,937 $-44,338 -0.6%
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
5
Independent Members
5
Employees
1
Volunteers
15

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
1
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FUNMILAYO ADEYEMI EXECUTIVE DIRECTOR 40.00
Officer Director Key Emp
$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 $276,292 $296,229 $754,117 $-19,937
2023 $244,765 $289,103 $793,338 $-44,338
2022 $288,165 $315,340 $860,751 $-27,175
2021 $300,725 $292,481 $874,477 $8,244
2020 $203,505 $115,257 $690,133 $88,248
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