DESIRE 4 HOPE INC (EIN 473542001) - 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

2015

Legal Domicile

Principal Officer

BILL JENSEN

Phone

2019576437

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

PROGRAM FOR FEEDING, BOTH PHYSICALLY AND SPIRITUALLY, THE HOMELESS IN PATERSON NJ INCLUDING PROVIDING FOOD, CLOTHING AND NECESSITIES. SERVING APPROXIMATELY 500 PEOPLE PER WEEK.

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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 $246,165

Program Service Revenue $0

Investment Income $849

Other Revenue $0

TOTAL REVENUE $247,014

Expense Breakdown

Grants Paid $0

Salaries & Benefits $25,818

Fundraising Expenses $0

Program Expenses $195,993

Other Expenses $232,919

TOTAL EXPENSES $258,737

Year-over-Year Comparison

	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%

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

$25,818

Total Directors

$25,818

Key Employees

Highest Compensated

reported

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

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	$247,014	$258,737	$135,930	$-11,723
2021	$322,311	$172,452	$185,232	$149,859

DESIRE 4 HOPE INC