HAWTHORNE, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DESIRE 4 HOPE INC, founded in 2015, is a small nonprofit in the Mental Health sector that reported $247K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum.
TO REACH AT-RISK YOUTH AND ADULTS PLAGUED WITH SUBSTANCE ABUSE ADDICTIONS OR HOMELESSNESS BY PROVIDING FOOD, SHELTER AND ONE TO ONE AND GROUP COUNSELING THAT LEAD TO PERSONAL RELATIONSHIPS FOR JESUS CHRIST. TO PROVIDE CHRISTIAN-BASED SUBSTANCE ABUSE COUNSELING SERVICES, MENTORING PROGRAMS TO SUCH PERSONS IN PATERSON, NJ AND SURROUNDING COMMUNITIES
Program in Paterson, NJ for feeding the homeless including providing food, spiritual food, clothing, and necessities for the homeless and assisting those who are addicted to drugs get the proper...
Program in Paterson, NJ for feeding the homeless including providing food, spiritual food, clothing, and necessities for the homeless and assisting those who are addicted to drugs get the proper rehabilitation at various area rehabilitation facilities upon their request by providing transportation to and arranging intake at such facilities. The organization serves approximately 500 people each week.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $247,014 | $178,392 | +0.4% |
| Expenses | $258,737 | $224,215 | +0.2% |
| Net Income | $-11,723 | $-45,823 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TIMOTHY STANLEY | EXECUTIVE DIRECTOR | 020.00 |
Officer
Director
|
$25,818 | $0 | $25,818 |
| BILL JENSEN | PRESIDENT/TREAS | 001.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID BACOLO | SECRETARY | 001.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEPHEN EXLEY | BOARD MEMBER | 001.00 |
Director
|
$0 | $0 | $0 |
| SCOTT WARREN | PASTORAL ADVISOR | 001.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $247,014 | $258,737 | $135,930 | $-11,723 |
| 2021 | $322,311 | $172,452 | $185,232 | $149,859 |
Compare DESIRE 4 HOPE INC with other nonprofits in New Jersey and across the country.