BEACON OF HOPE BUSINESS ALLIANCE

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Principal Officer

RICHARD PALMER

Phone

5133515700

Tax Period

2018-01-01 to 2018-12-31

BEACON OF HOPE BUSINESS ALLIANCE is a small nonprofit that reported $203K in total revenue in fiscal year 2018. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $60K, a strong 30% operating margin.

Mission

TO RESTORE FAMILIES THROUGH HELPING MEN AND WOMEN FIND GAINFUL EMPLOYMENT.

Program Service Accomplishments

Program 1

Expenses: $142,868 Revenue: $4,025

IT IS THE MISSION, DUTY, AND PURPOSE OF THE BEACON OF HOPE BUSINESS ALLIANCE TO ADDRESS, EDUCATE, COORDINATE, AND PROVIDE RESOURCES TO ASSIST SECOND CHANCE HIRING AT A LOCAL, NATIONAL, AND GLOBAL...

IT IS THE MISSION, DUTY, AND PURPOSE OF THE BEACON OF HOPE BUSINESS ALLIANCE TO ADDRESS, EDUCATE, COORDINATE, AND PROVIDE RESOURCES TO ASSIST SECOND CHANCE HIRING AT A LOCAL, NATIONAL, AND GLOBAL LEVEL. IT IS OUR MISSION AND RESPONSIBILITY TO BE AVAILABLE TO PROVIDE CONNECTIONS AND RESOURCES AMONG THE COMPANIES OF THE BEACON OF HOPE BUSINESS ALLIANCE WITH THE ULTIMATE DUTY OF ASSISTING INDIVIDUALS WHO HAVE VARIOUS BARRIERS TO EMPLOYMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $237,338

Program Service Revenue $4,025

Investment Income $0

Other Revenue $-38,076

TOTAL REVENUE $203,287

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $142,868

Other Expenses $92,868

TOTAL EXPENSES $142,868

Year-over-Year Comparison

	2018	2017	Change
Revenue	$203,287	$112,860	+0.8%
Expenses	$142,868	$57,762	+1.5%
Net Income	$60,419	$55,098	+0.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
DANIEL MEYER	CHAIRMAN	1.0	Director	$0	$0	$0
RICHARD PALMER	PRESIDENT	1.0	Director	$0	$0	$0
MICHAEL PACHKO	ADVISORY BOARD LEAD	1.0	Director	$0	$0	$0
KATIE SCHAD	Secretary	1.0	Director	$0	$0	$0
CHRIS LAHNI	TREASURER	1.0	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
2018	$203,287	$142,868	$155,595	$60,419