RAISINGHOPE INC

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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

2014

Legal Domicile

Principal Officer

TAMALANI M BARNETT

Phone

8054915439

Tax Period

2023-01-01 to 2023-12-31

RAISINGHOPE INC, founded in 2014, is a small nonprofit in the Human Services sector that reported $441K in total revenue in fiscal year 2023.

Mission

RaisingHope empowers youth and young adults who are experiencing foster care through mentoring and coaching, life skills, housing navigation, financial support and advocacy.

Program Service Accomplishments

Program 1

Expenses: $95,971

Housing Navigation - We work with youth that are aging out of the foster system to make sure they are prepared to find and secure their own living situation. Ahead of their move, we discuss...

Housing Navigation - We work with youth that are aging out of the foster system to make sure they are prepared to find and secure their own living situation. Ahead of their move, we discuss budgeting, credit, employment, how to interact with a landlord, and roommate skills. We will also help to locate possible residences. RaisingHOPE assists with their first month's rent and security deposit. We secured housing for 91 youth and 25 of their minor children.

Program 2

Expenses: $70,150

Financial Support - Requests for immediate or emergency needs or those not covered by other programs are fullfilled through financial support. The requests include assistance with rent, utilites...

Financial Support - Requests for immediate or emergency needs or those not covered by other programs are fullfilled through financial support. The requests include assistance with rent, utilites, food, clothing, car repairs or insurance, special training or school supplies.

Program 3

Expenses: $56,309

Transportation - We take requests for car purchases, repairs, assistance with accidents or emergencies, and insurance. In preparation for a purchase, we determine how much money the youth has saved and if they have the income to support gas, insurance and minor repairs for the car purchased. We assist them with locating and purchasing the car, adding to the funds that they have saved so that they can purchase reliable, basic transportation to school and work. We assist with DMV paperwork and insurance and provide assistance with repairs and maintenance. Forty-six youth were assisted with transportation.

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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 (2023)

Revenue Breakdown

Contributions & Grants $450,703

Program Service Revenue $0

Investment Income $0

Other Revenue $-10,105

TOTAL REVENUE $440,598

Expense Breakdown

Grants Paid $199,309

Salaries & Benefits $198,705

Fundraising Expenses $33,144

Program Expenses $366,716

Other Expenses $41,222

TOTAL EXPENSES $439,236

Year-over-Year Comparison

	2023	2022	Change
Revenue	$440,598	$418,499	+0.1%
Expenses	$439,236	$382,809	+0.1%
Net Income	$1,362	$35,690	-1.0%

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

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

$100,702

Total Directors

$82,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAMALANI M BARNETT	Executive Dir.	40.00	Officer Director	$82,750	$0	$82,750
DAWN GROOM	Emeritus Member	20.00	Officer	$17,952	$0	$17,952
DAVID COLLINS	Treasurer	0.00	Officer Director	$0	$0	$0
MARK GINZINGER	Director	0.00	Director	$0	$0	$0
REBECCA CRAMER	Secretary	0.00	Officer Director	$0	$0	$0
LYNDSEY GALLAGHER	Director	0.00	Director	$0	$0	$0
PAUL BLAIR	Director	0.00	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	No data	No data	No data	No data
2023	$440,598	$439,236	$84,667	$1,362
2022	$418,499	$382,809	$83,305	$35,690
2020	$279,999	$242,052	$61,092	$37,947