CHANCE FOR HOPE FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

ANDREA DAVIDSON

Phone

7135823978

Tax Period

2024-01-01 to 2024-12-31

CHANCE FOR HOPE FOUNDATION, founded in 2014, is a small nonprofit in the Unknown sector that reported $547K in total revenue in fiscal year 2024. The organization ran a surplus of $173K, a strong 32% operating margin.

Mission

THE MISSION OF THE CHANCE FOR HOPE FOUNDATION IS TO PROVIDE SUPPORT SERVICES FOR CHILDREN WITH CANCER AND THEIR FAMILIES, FUNDING FOR PEDIATRIC CANCER RESEARCH AND TREATMENT, AND EDUCATIONAL RESOURCES TO THE GENERAL PUBLIC REGARDING PEDIATRIC CANCER.

Program Service Accomplishments

Program 1

Expenses: $208,568

THE CHANCE FOR HOPE FOUNDATION SIGNED ITS FIRST APARTMENT LEASE IN NOVEMBER 2014 AND NOW HAS MULTIPLE RESIDENCES PROVIDING OVER 2,100 NIGHTS OF FREE LODGING ANNUALLY. THE CHANCE FOR HOPE RESIDENCES ARE FULLY FURNISHED ONE-BEDROOM APARTMENTS IN THE TEXAS MEDICAL CENTER, PROVIDED AT NO COST TO FAMILIES TRAVELING TO HOUSTON FOR PEDIATRIC CANCER TREATMENTS. THE RESIDENCES ARE PROVIDED ON A FIRST COME, FIRST SERVE BASIS, AND OFFER A SHUTTLE SERVICE THAT PROVIDES QUICK ACCESS TO TEXAS CHILDREN'S HOSPITAL AND THE UNIVERSITY OF TEXAS MD ANDERSON CHILDREN'S CANCER HOSPITAL AND PROTON THERAPY CENTER. IN 2024, THIS PROGRAM SERVED 38 FAMILIES.

Program 2

Expenses: $75,000

THE CHANCE FOR HOPE FOUNDATION FUNDS AND MONITORS RESEARCH INITIATIVES DESIGNED TO IMPROVE TREATMENT PROTOCOLS AND ULTIMATELY TO FIND A CURE FOR CHILDHOOD CANCER, WITH A FOCUS ON CANCER OF THE BRAIN AND CENTRAL NERVOUS SYSTEM, WHICH IS NOW THE DEADLIEST FORM OF CANCER IN CHILDREN AND COMPRISES 22% OF ALL PEDIATRIC CANCER DIAGNOSES.

Program 3

Expenses: $50,042

THE FOUNDATION PROVIDES MEAL DELIVERIES TO FAMILIES AT TEXAS CHILDREN'S HOSPITAL AND MD ANDERSON TWICE MONTHLY. IN 2024, THIS PROGRAM SERVED 4,128 INDIVIDUALS. OUR SNACK CART PROGRAM SERVES CHILDREN UNDERGOING OUTPATIENT CANCER TREATMENT AT TEXAS CHILDREN'S CANCER CLINIC, AND THE MD ANDERSON CHILDREN'S CANCER CLINIC AND PROTON THERAPY CENTER. THE SNACK CART WILL PROVIDE REFRESHMENTS FOR KIDS DURING CHALLENGING AND SOMETIMES LENGTHY CHEMOTHERAPY, RADIATION, BLOOD TRANSFUSIONS AND OTHER OUTPATIENT MEDICAL TREATMENTS. THIS CART GETS REPLENISHED MONTHLY WITH A LARGE ASSORTMENT OF SNACKS. IN 2024 THE SNACK CART SERVED OVER 21,000 INDIVIDUALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $442,225

Program Service Revenue $0

Investment Income $30,603

Other Revenue $74,657

TOTAL REVENUE $547,485

Expense Breakdown

Grants Paid $293,406

Salaries & Benefits $0

Fundraising Expenses $20,166

Program Expenses $333,610

Other Expenses $77,349

TOTAL EXPENSES $374,455

Year-over-Year Comparison

	2024	2023	Change
Revenue	$547,485	$567,232	0.0%
Expenses	$374,455	$344,715	+0.1%
Net Income	$173,030	$222,517	-0.2%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

102

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATALIE ALOIA	DIRECTOR	2.00	Director	$0	$0	$0
MARIE DAVIDSON	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH DAVIDSON	DIRECTOR	2.00	Director	$0	$0	$0
KEELY MOORE	DIRECTOR	2.00	Director	$0	$0	$0
ANDREA DAVIDSON	PRESIDENT	30.00	Officer Director	$0	$0	$0
SCOTT DAVIDSON	SECRETARY	5.00	Officer 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
2025	No data	No data	No data	No data
2024	$547,485	$374,455	$1,123,982	$173,030
2023	$567,232	$344,715	$938,167	$222,517
2022	$365,652	$323,118	$717,839	$42,534
2021	$306,641	$289,866	$661,568	$16,775
2020	$296,692	$280,812	$662,946	$15,880