HOPEQUEST MINISTRIES INC

EIN: 471528239 501(c)(3) Religion

DUNDEE, OH

Total Revenue
$112,556
Total Expenses
$119,543
Total Assets
$47,987
Net Assets
$47,987
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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
2022
Legal Domicile
OH
Tax Period
2022-01-01 to 2022-12-31

HOPEQUEST MINISTRIES INC, founded in 2022, is a small nonprofit in the Religion sector that reported $113K in total revenue in fiscal year 2022. Revenue fell 39% from the prior year — a significant decline worth monitoring.

Mission

ONE ON ONE FAMILY AND MARRIAGE COUNSELING TO THOSE FAMILIES EXPERIENCING STRUGGLES AND DIFFICULTIES IN THEIR LIVES AND THEIR RELATIONSHIPS, WE DO THIS WITH THE TEACHINGS OF JESUS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $112,556
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $112,556

Expense Breakdown

Grants Paid $0
Salaries & Benefits $56,740
Fundraising Expenses $0
Program Expenses $105,440
Other Expenses $62,803
TOTAL EXPENSES $119,543

Year-over-Year Comparison

2022 2021 Change
Revenue $112,556 $184,469 -0.4%
Expenses $119,543 $170,174 -0.3%
Net Income $-6,987 $14,295 -1.5%
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
4
Independent Members
N/A
Employees
2
Volunteers
N/A

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
$15,596
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL MULLET DIRECTOR 40.00
Officer
$15,596 $0 $15,596
NORMAN TROYER SECRETARYTREASURER 1.00
Director
$0 $0 $0
DAVID SWARTZ VICE PRESIDENT 1.00
Director
$0 $0 $0
SHELDON STUTZMAN PRESIDENT 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
2022 $112,556 $119,543 $47,987 $-6,987
2021 $184,469 $170,174 $54,974 $14,295
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