Hope Center Foundation (EIN 473874040) - 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

Phone

7733712345

Tax Period

2023-01-01 to 2023-12-31

Hope Center Foundation, founded in 2015, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum.

Mission

Helping Chicago residents to transition out of poverty to living wage & into generational wealth

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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 $1,642,711

Program Service Revenue $0

Investment Income $0

Other Revenue $632

TOTAL REVENUE $1,643,343

Expense Breakdown

Grants Paid $366,642

Salaries & Benefits $773,657

Fundraising Expenses $41,129

Program Expenses $1,482,118

Other Expenses $438,598

TOTAL EXPENSES $1,610,897

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,643,343	$980,418	+0.7%
Expenses	$1,610,897	$1,006,438	+0.6%
Net Income	$32,446	$-26,020	-2.2%

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

$130,082

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Vice President	2.0	Officer Director	$0	$0	$0
N/A	Secretary/Treasurer	2.0	Officer Director	$0	$0	$0
N/A	Treasurer (part year)	2.0	Officer Director	$0	$0	$0
N/A	President/CEO	2.0	Officer Director	$0	$0	$0
N/A	Board Member	2.0	Director	$0	$0	$0
N/A	Board Member	2.0	Director	$0	$0	$0
N/A	Board Member	2.0	Director	$0	$0	$0
N/A	Executive Director	40.0	Officer	$119,132	$10,950	$130,082

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	$1,643,343	$1,610,897	$3,303,549	$32,446
2022	$980,418	$1,006,438	$559,306	$-26,020
2021	$527,466	$420,111	$228,453	$107,355
2020	$205,980	$181,325	$32,679	$24,655

Hope Center Foundation