THE CHAR HOPE FOUNDATION INC

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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

Principal Officer

DEREK HOPKINS

Tax Period

2024-07-01 to 2025-06-30

THE CHAR HOPE FOUNDATION INC, founded in 2016, is a community nonprofit in the Mental Health sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 119% from the prior year, signaling strong growth momentum.

Mission

THE FOUNDATION SERVES AS A PLATFORM FOR SCHOLARSHIPS, TREATMENT, PARTNERSHIPS AND FUTURE COMMUNITY ENDEAVORS. CHAR HOPE HELPS ADULTS MOVE FORWARD TOWARD A FULL RECOVERY, A HEALTHIER LIFESTYLE, AND A LIFE FREE FROM ADDICTION. OUR COMMUNITY HAS SEEN A STARTLING RISE IN THE USE OF HERION. THE LOCAL GOVERNMENT AND SURROUNDING COMMUNITY ARE STRUGGLING TO PROVIDE THE SUPPORT NECESSARY TO MOVE PEOPLE TOWARD THE PATH OF RECOVERY. WE ARE COMMITTED TO PROVIDING A UNIQUE SERVICE THAT WILL HELP PEOPLE STAY SOBER, FIND PURPOSE, HEAL RELATIONSHIPS, AND ULTIMATELY SAVE LIVES.

Program Service Accomplishments

Program 1

Expenses: $1,173,384

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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 (2024)

Revenue Breakdown

Contributions & Grants $869,151

Program Service Revenue $120,611

Investment Income $1,348

Other Revenue $172,461

TOTAL REVENUE $1,163,571

Expense Breakdown

Grants Paid $4,400

Salaries & Benefits $215,203

Fundraising Expenses $26,293

Program Expenses $1,186,099

Other Expenses $992,789

TOTAL EXPENSES $1,212,392

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,163,571	$532,472	+1.2%
Expenses	$1,212,392	$433,757	+1.8%
Net Income	$-48,821	$98,715	-1.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILLIE JO AKEHURST	DIRECTOR	1.00	Director	$0	$0	$0
ADAM BERTUZZI	DIRECTOR	1.00	Director	$0	$0	$0
PEGGY BURKHARDT	TREASURER	5.00	Director	$0	$0	$0
MYRA DERBYSHIRE	DIRECTOR	1.00	Director	$0	$0	$0
TONY DIPAULA	DIRECTOR	1.00	Director	$0	$0	$0
KATRINA HOPKINS	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN KAISER	DIRECTOR	1.00	Director	$0	$0	$0
KATHERINE SPAHN KELLY	DIRECTOR	1.00	Director	$0	$0	$0
SARAH KLEIN	DIRECTOR	1.00	Director	$0	$0	$0
NANCY MAHONEY	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA MCCOLLUM	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL MCCOMAS	DIRECTOR	1.00	Director	$0	$0	$0
BOB MUMBY	DIRECTOR	5.00	Director	$0	$0	$0
RICK OTENASEK	DIRECTOR	1.00	Director	$0	$0	$0
SHAWN PARTAIN	DIRECTOR	1.00	Director	$0	$0	$0
LEEANN RODERICK	DIRECTOR	1.00	Director	$0	$0	$0
TAMARA RUSH	DIRECTOR	1.00	Director	$0	$0	$0
CHAD SHRODES	DIRECTOR	1.00	Director	$0	$0	$0
TONY STEELMAN	DIRECTOR	1.00	Director	$0	$0	$0
RIDGEVIEW FOUNDATION TRUSTEE	EXECUTIVE CO	1.00	Director	$0	$0	$0
CAROL FRONTERA	PRESIDENT	5.00	Officer	$0	$0	$0
CAROL FRONTERA	CHAIR	5.00	Officer	$0	$0	$0
SANDI GALLION	SECRETARY	5.00	Officer	$0	$0	$0
DEREK HOPKINS	EXECUTIVE DI	10.00	Officer	$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
2025	$1,163,571	$1,212,392	$501,269	$-48,821
2024	$532,472	$433,757	$239,826	$98,715
2023	$308,200	$311,087	$119,766	$-2,887
2022	$321,449	$319,922	$107,937	$1,527
2021	$375,620	$296,702	$159,102	$78,918