FOUNDATION OF HOPE INC

EIN: 465661319 501(c)(3) Education

EASTON, MD

Total Revenue
$235,808
Total Expenses
$204,956
Total Assets
$691,909
Net Assets
$689,477
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MD
Principal Officer
KEASHA HAYTHE
Phone
4104439936
Tax Period
2023-01-01 to 2023-12-31

FOUNDATION OF HOPE INC, founded in 2013, is a small nonprofit in the Education sector that reported $236K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $205K left a modest 13% surplus.

Mission

TO HELP YOUNG GIRLS AND WOMEN LEAD PRODUCTIVE LIVES IN THEIR COMMUNITIES BY PROVIDING CULTURAL, SOCIAL, SPIRITUAL, AND EDUCATIONAL DEVELOPMENT.

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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 $215,012
Program Service Revenue $0
Investment Income $20,796
Other Revenue $0
TOTAL REVENUE $235,808

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,583
Fundraising Expenses $25,975
Program Expenses $171,421
Other Expenses $69,373
TOTAL EXPENSES $204,956

Year-over-Year Comparison

2023 2022 Change
Revenue $235,808 $286,857 -0.2%
Expenses $204,956 $124,241 +0.6%
Net Income $30,852 $162,616 -0.8%
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
2
Volunteers
5

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
$117,879
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY DESHIELDS MD BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA BORDLEY TREASURER 5.00
Officer Director
$0 $0 $0
MICHELLE HARDING SECRETARY 5.00
Officer Director
$0 $0 $0
REGINA LIMBERRY BOARD MEMBER 1.00
Director
$0 $0 $0
KEASHA HAYTHE EXECUTIVE DIRECTOR 40.00
Officer
$117,879 $0 $117,879
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 $235,808 $204,956 $691,909 $30,852
2022 $286,857 $124,241 $659,473 $162,616
2021 $468,427 $57,480 $496,280 $410,947
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