HOP E FUND INC

EIN: 473428603 501(c)(3) Philanthropy & Grantmaking

WESTPORT, MA

Total Revenue
$64,171
Total Expenses
$58,082
Total Assets
$16,308
Net Assets
$16,308
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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
2015
Legal Domicile
MA
Principal Officer
WILLIAM RUSSELL
Phone
5086362288
Tax Period
2020-01-01 to 2020-12-31

HOP E FUND INC, founded in 2015, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $64K in total revenue in fiscal year 2020. Expenses of $58K left a modest 9% surplus.

Mission

RAISE FUNDS AND USE FUNDS TO ASSIST IN THE EDUCATION OF THOSE CHILDREN WHO WOULD NOT RECEIVE EDUCATION OTHERWISE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $64,171
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $64,171

Expense Breakdown

Grants Paid $51,814
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $58,082
Other Expenses $6,268
TOTAL EXPENSES $58,082

Year-over-Year Comparison

2020 2019 Change
Revenue $64,171 $64,172 0.0%
Expenses $58,082 $58,501 0.0%
Net Income $6,089 $5,671 +0.1%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM RUSSELL PRESIDENT 8
Officer
$0 $0 $0
DARYL BREDA CLERK 1
Officer
$0 $0 $0
WILBUR MUNDIA DIRECTOR 0
Officer
$0 $0 $0
AARON DORSEY DIRECTOR 0
Officer
$0 $0 $0
TORRIE DORSEY DIRECTOR 0
Officer
$0 $0 $0
TUESDAY DESROCHERS DIRECTOR 0
Officer
$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
2020 $64,171 $58,082 $16,308 $6,089
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