PROJECT HOPE INC (EIN 470682835) - 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

1985

Legal Domicile

Principal Officer

VICTOR PADRON

Phone

4024537649

Tax Period

2024-01-01 to 2024-12-31

PROJECT HOPE INC, founded in 1985, is a small nonprofit in the Human Services sector that reported $403K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $133K, a strong 33% operating margin.

Mission

OPERATING A FOOD AND CLOTHING PANTRY.

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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 $402,233

Program Service Revenue $0

Investment Income $3,927

Other Revenue $-3,580

TOTAL REVENUE $402,580

Expense Breakdown

Grants Paid $76,387

Salaries & Benefits $114,674

Fundraising Expenses $0

Other Expenses $78,731

TOTAL EXPENSES $269,792

Year-over-Year Comparison

	2024	2023	Change
Revenue	$402,580	$275,250	+0.5%
Expenses	$269,792	$238,603	+0.1%
Net Income	$132,788	$36,647	+2.6%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

$71,681

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VEDA KEEBLER	EXECUTIVE DIRECTOR	40.00	Key Emp	$71,681	$0	$71,681
VICTOR PADRON	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL MCDONALD	TREASURER	1.00	Officer Director	$0	$0	$0
AMY BOWEN	SECRETARY	1.00	Officer Director	$0	$0	$0
ANITA LARSON ANDRES	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS MAGNUSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ANGELA GALLOWAY	DIRECTOR	1.00	Director	$0	$0	$0
REV PAUL ALBERS	DIRECTORS	1.00	Director	$0	$0	$0
DENISE CYR	DIRECTOR	1.00	Director	$0	$0	$0
INGRID JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
REVEREND CHRIS ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
FELECIA JONES	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	$402,580	$269,792	$424,173	$132,788
2023	$275,250	$238,603	$281,829	$36,647
2022	$226,860	$247,451	$245,122	$-20,591
2021	$206,078	$135,857	$265,652	$70,221

PROJECT HOPE INC