HOPE INC (EIN 480873340) - 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

1976

Legal Domicile

Principal Officer

E JEAN CARTER-BONIFACE

Phone

3166188652

Tax Period

2022-01-01 to 2022-12-31

HOPE INC, founded in 1976, is a micro nonprofit in the Housing & Shelter sector that reported $55K in total revenue in fiscal year 2022.

Mission

PROVIDE LOW-INCOME HOUSING AND COUNSELING TO DISABLED, LOW-INCOME AND HOMELESS PERSONS AND TO RE-ENTRY INMATES.

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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 $0

Program Service Revenue $122,932

Investment Income $0

Other Revenue $-178,254

TOTAL REVENUE $-55,322

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,189

Fundraising Expenses $0

Program Expenses $122,514

Other Expenses $2,651

TOTAL EXPENSES $124,840

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-55,322	$-37,935	+0.5%
Expenses	$124,840	$154,062	-0.2%
Net Income	$-180,162	$-191,997	-0.1%

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

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
E JEAN CARTER-BONIFACE	PRESIDENT	40.00	Officer Director	$0	$0	$0
JOSEPH J BONIFACE	VICE PRESIDENT	29.00	Director	$0	$0	$0
PRINCESS CALLOWAY	SECRETARY	35.00	Officer Director	$0	$0	$0
GREGORY GRAY	DIRECTOR OF PROGRAMS	15.00	Director	$0	$0	$0
ANNA M ALFORD	VICE CHAIR	18.00	Director	$0	$0	$0
IMOGENE PATRICK	CHAIR	18.00	Director	$0	$0	$0
VALERIE SALTON	BOARD MEMBER	18.00	Director	$0	$0	$0
GREGORY STARR	BOARD MEMBER	1.00	Director	$0	$0	$0
EUGENE CAMERON	BOARD MEMBER	1.00	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
2022	$-55,322	$124,840	$5,048,354	$-180,162
2021	$-37,935	$154,062	$5,228,934	$-191,997
2020	$145,738	$155,132	$3,762,351	$-9,394
2019	$2,100	$4,448	$3,771,745	$-2,348
2018	$2,750	$5,098	$3,774,093	$-2,348

HOPE INC