MJ 4 HOPE

EIN: 474607039 501(c)(3) Arts, Culture & Humanities

MOUNT JULIET, TN

Total Revenue
$295,051
Total Expenses
$316,746
Total Assets
$47,761
Net Assets
$47,761
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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
2016
Legal Domicile
TN
Principal Officer
AMY BREEDLOVE
Phone
6152550870
Tax Period
2023-01-01 to 2023-12-31

MJ 4 HOPE, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $295K in total revenue in fiscal year 2023. Revenue surged 189% from the prior year, signaling strong growth momentum.

Mission

TO GIVE BACK TO THE MOUNT JULIET ALUMNI AND MEMBERS OF OUR COMMUNITY WHO NEED HOPE WHEN IN CRISIS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $129,841
Program Service Revenue $0
Investment Income $0
Other Revenue $165,210
TOTAL REVENUE $295,051

Expense Breakdown

Grants Paid $206,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $278,287
Other Expenses $110,246
TOTAL EXPENSES $316,746

Year-over-Year Comparison

2023 2022 Change
Revenue $295,051 $102,112 +1.9%
Expenses $316,746 $83,476 +2.8%
Net Income $-21,695 $18,636 -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

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
15

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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DERRICK MEADOWS DIRECTOR 2.00
Director
$0 $0 $0
JEFF CHERRY DIRECTOR 2.00
Director
$0 $0 $0
DENA DAVIS LEDSINGER DIRECTOR 2.00
Director
$0 $0 $0
VINCENT LENNING DIRECTOR 2.00
Director
$0 $0 $0
CHRIS HOUSTON DIRECTOR 2.00
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
2023 $295,051 $316,746 $47,761 $-21,695
2020 $235,758 $212,140 $37,769 $23,618
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