LIGHT OF HOPE INC (EIN 475613398) - 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

Principal Officer

LAYLA FREEMAN

Tax Period

2022-07-01 to 2023-06-30

LIGHT OF HOPE INC, founded in 2015, is a small nonprofit in the Mental Health sector that reported $596K in total revenue in fiscal year 2022. Revenue surged 290% from the prior year, signaling strong growth momentum. The organization ran a surplus of $395K, a strong 66% operating margin.

Mission

Light of Hope (LOH) is a 501(c)(3)non-profit assisting individuals and families facing the struggle of substance misuse and providing prevention education to our communities. Our services include our two main focuses. Recovery support and Prevention education.

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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 (2022)

Revenue Breakdown

Contributions & Grants $595,899

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $595,899

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,826

Fundraising Expenses $0

Program Expenses $20,627

Other Expenses $78,067

TOTAL EXPENSES $200,893

Year-over-Year Comparison

	2022	2021	Change
Revenue	$595,899	$152,631	+2.9%
Expenses	$200,893	$203,141	0.0%
Net Income	$395,006	$-50,510	-8.8%

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

N/A

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
CINDY GRIFFIN	VICE PRESIDENT	15.00	Officer	$0	$0	$0
MICHELLE BISH	SECRETARY	15.00	Officer	$0	$0	$0
STEVE REIGER	PRESIDENT	15.00	Officer	$0	$0	$0
LAYLA FREEMAN	FOUNDER CEO	40.00	Officer	$0	$0	$0
NANCY PHELPS	EXECUTIVE DIRCTOR	40.00	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
2023	$595,899	$200,893	$429,504	$395,006
2022	$152,631	$203,141	$113,209	$-50,510
2021	$169,850	$174,411	$142,019	$-4,561
2020	$146,087	$113,809	$81,980	$32,278
2019	$100,612	$69,518	$49,702	$31,094

LIGHT OF HOPE INC