HOPENET INC (EIN 481105407) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

CHRISTIANE DOOM

Phone

3166844673

Tax Period

2024-01-01 to 2024-12-31

HOPENET INC, founded in 1991, is a community nonprofit in the Health Care sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum.

Mission

TO OFFER COMPREHENSIVE AND PROFESSIONAL SERVICES, BASED ON CHRIST'S LOVE AND AIMED AT RESTORING DIGNITY AND HOPE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $849,142

Program Service Revenue $127,606

Investment Income $11,989

Other Revenue $69,607

TOTAL REVENUE $1,058,344

Expense Breakdown

Grants Paid $0

Salaries & Benefits $722,661

Fundraising Expenses $9,482

Program Expenses $784,934

Other Expenses $318,302

TOTAL EXPENSES $1,040,963

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,058,344	$768,000	+0.4%
Expenses	$1,040,963	$909,456	+0.1%
Net Income	$17,381	$-141,456	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$105,534

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN GENSCH	SECRETARY	1.00	Officer Director	$0	$0	$0
NIKKI HANSSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
MATT BUCHANAN	TREASURER	1.00	Officer Director	$0	$0	$0
DR TIM SHAVER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DR PAUL DAVIS	FOUNDER	1.00	Director	$0	$0	$0
POLLY BERRY	DIRECTOR	1.00	Director	$0	$0	$0
PASTOR ROOSEVELT DESHAZER	DIRECTOR	1.00	Director	$0	$0	$0
CINDY HANNING	DIRECTOR	1.00	Director	$0	$0	$0
JANE KNIGHT	DIRECTOR	1.00	Director	$0	$0	$0
MATT MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
JERYN COLLIER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SHULTZ	DIRECTOR	1.00	Director	$0	$0	$0
DEBI DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIANE DOOM	EXECUTIVE DIRECTOR	40.00	Officer	$68,784	$0	$68,784
SHANNON SANDERS	CONTROLLER	40.00	Officer	$36,750	$0	$36,750

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
2024	$1,058,344	$1,040,963	$1,436,329	$17,381
2023	$768,000	$909,456	$1,552,878	$-141,456
2022	$722,409	$905,232	$1,559,078	$-182,823
2021	$856,673	$775,573	$1,741,888	$81,100
2020	$675,399	$675,880	$1,656,275	$-481
2019	$735,357	$678,486	$1,632,944	$56,871
2018	$776,620	$714,512	$1,605,576	$62,108

HOPENET INC