HOSCO SHIFT INC (EIN 473042884) - 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

2010

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

HOSCO SHIFT INC, founded in 2010, is a small nonprofit in the Education sector that reported $880K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 24% operating deficit.

Mission

Increase economic viability of local food system, by incubating businesses of those living in & serving underserved communities; creating careers around food production, food processing, food aggregation & delivery ultimately improving the quality of life for community residents.

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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 $500,000

Program Service Revenue $379,691

Investment Income $0

Other Revenue $0

TOTAL REVENUE $879,691

Expense Breakdown

Grants Paid $0

Salaries & Benefits $629,573

Fundraising Expenses $0

Program Expenses $942,389

Other Expenses $458,751

TOTAL EXPENSES $1,088,324

Year-over-Year Comparison

	2023	2022	Change
Revenue	$879,691	$1,376,451	-0.4%
Expenses	$1,088,324	$1,444,380	-0.2%
Net Income	$-208,633	$-67,929	+2.1%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gibron Jones	Executive Director	60.00	Key Emp	$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	$879,691	$1,088,324	$1,907,255	$-208,633
2022	$1,376,451	$1,444,380	$2,116,671	$-67,929
2021	$1,389,060	$1,070,585	$719,500	$318,475
2020	$1,081,000	$937,090	$394,425	$143,910

HOSCO SHIFT INC