RENEW THE HOPE INC (EIN 481267982) - 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

2003

Legal Domicile

Principal Officer

ROBERT FUNK

Tax Period

2024-01-01 to 2024-12-31

RENEW THE HOPE INC, founded in 2003, is a small nonprofit in the Human Services sector that reported $521K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $484K left a modest 7% surplus.

Mission

The primary purpose is to provide financial assistance to support young children with food and housing costs and related activities and to provide educational scholarships for K-12 and college age students. In addition we provide food and meal assistance to children.

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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 $510,666

Program Service Revenue $0

Investment Income $2,258

Other Revenue $7,873

TOTAL REVENUE $520,797

Expense Breakdown

Grants Paid $479,024

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $480,292

Other Expenses $5,377

TOTAL EXPENSES $484,401

Year-over-Year Comparison

	2024	2023	Change
Revenue	$520,797	$639,812	-0.2%
Expenses	$484,401	$669,218	-0.3%
Net Income	$36,396	$-29,406	-2.2%

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	Role	Reportable Comp	Other Comp	Total
ROBERT FUNK	PRESIDENT	Officer Director	$0	$0	$0
TIM DELPERDANG	DIRECTOR	Director	$0	$0	$0
NANCY FUNK	TREASURER	Officer Director	$0	$0	$0
FRANCES ZUCKSWERT	SECRETARY	Officer Director	$0	$0	$0
DEBORAH CARTWRIGHT	DIRECTOR	Director	$0	$0	$0
PATRICIA STAMPS	DIRECTOR	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
2024	$520,797	$484,401	$191,152	$36,396
2023	$639,812	$669,218	$154,756	$-29,406
2022	$883,340	$860,679	$184,163	$22,661
2021	$897,671	$920,894	$166,712	$-23,223
2020	$647,643	$645,672	$160,519	$1,971
2019	$497,462	$665,808	$141,491	$-168,346
2018	$648,837	$621,672	$309,837	$27,165

RENEW THE HOPE INC