SEATTLE, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OUR HOPE, founded in 2017, is a small nonprofit in the Environment sector that reported $522K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $466K left a modest 11% surplus.
To uplift the lives of our community by providing them access to resources and services that cultivate happy, prosperous, and healthy communities.
K-8 School (Hope Academy) 1)Increased student enrollment: Witnessed a 50% increase in student enrollment in 2023 while demonstrating the program's effectiveness in attracting students. 2) Improved...
K-8 School (Hope Academy) 1)Increased student enrollment: Witnessed a 50% increase in student enrollment in 2023 while demonstrating the program's effectiveness in attracting students. 2) Improved academic outcomes: Implemented innovative teaching methods, leading to a 5% increase in standardized test scores across most grade levels. 3) Enhanced learning environment: Expanded after-school programs like HELLO to provide a safe and enriching environment beyond the regular school day. HELLO now offers homework help, STEM, clubs, and creative arts workshops to an average of 50 students two days a week.
Youth Mentorhsip Program (including HopeWorks) 1) Holistic support for youth: Provided vital social, economic, emotional, and acadmemic support for over 40 youths through one-on-one mentoring...
Youth Mentorhsip Program (including HopeWorks) 1) Holistic support for youth: Provided vital social, economic, emotional, and acadmemic support for over 40 youths through one-on-one mentoring relationships. 2) Family engagement: Empowered families by offering services like college prep workshops, financial literacy training, and social gatherings that foster community connection. Over 30 families participated in our financial literacy workshops in 2023.
Education Enhancement and Support Program 1) Expanded community outreach: Increased community engagement efforts through town hall meetings and resource fairs, reaching over 200 community members to...
Education Enhancement and Support Program 1) Expanded community outreach: Increased community engagement efforts through town hall meetings and resource fairs, reaching over 200 community members to address emerging needs, particularly those arising from the pandemic. 2) Enhancing learning opportunities: Successfully implemented innovative educational programs, including a comprehensive supplemental education program focused on literacy and math readiness and after-school enrichment activities like debate club and art club. The summar program served 75 students and helped many improve thier reading levels. 3) Positive Student Impact: Made a positve impact on the lives of students by creating valuable learning opportunities.
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 | $521,795 | $366,113 | +0.4% |
| Expenses | $465,813 | $395,780 | +0.2% |
| Net Income | $55,982 | $-29,667 | -2.9% |
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 |
|---|---|---|---|---|---|---|
| ASIA ADAM | PRESIDENT | 040.00 |
Officer
Director
|
$41,550 | $0 | $41,550 |
| HAWA ABDI | SECRETARY | 002.00 |
Director
|
$0 | $0 | $0 |
| ALI WARSAME | TREASURER | 002.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $521,795 | $465,813 | $108,880 | $55,982 |
| 2022 | $366,113 | $395,780 | $26,344 | $-29,667 |
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