High Hopes Neurological Recovery Group (EIN 510177972) - 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

1975

Legal Domicile

Principal Officer

Mark Desmond

Phone

9497330044

Tax Period

2024-01-01 to 2024-12-31

High Hopes Neurological Recovery Group, founded in 1975, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $1.6M exceeded revenue, resulting in a 16% operating deficit.

Mission

Rehabilitation and training of individuals affected by brain and neurological trauma.

🔒

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 $376,322

Program Service Revenue $1,062,396

Investment Income $1,069

Other Revenue $-33,272

TOTAL REVENUE $1,406,515

Expense Breakdown

Grants Paid $0

Salaries & Benefits $966,436

Fundraising Expenses $102,878

Program Expenses $1,229,046

Other Expenses $665,157

TOTAL EXPENSES $1,631,593

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,406,515	$1,755,398	-0.2%
Expenses	$1,631,593	$1,569,721	+0.0%
Net Income	$-225,078	$185,677	-2.2%

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

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

$210,400

Total Directors

$210,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark Desmond	Executive Dir.	50.00	Officer Director	$210,400	$0	$210,400
Craig Lyon	Director	2.00	Director	$0	$0	$0
Jeff Klein	Director	2.00	Director	$0	$0	$0
Jennifer Partyke	Treasurer	2.00	Officer Director	$0	$0	$0
John Campbell	Director	2.00	Director	$0	$0	$0
John Houten	Director	2.00	Director	$0	$0	$0
Paul Crary	Director	2.00	Director	$0	$0	$0
Robert Vermes	President	2.00	Officer 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	$1,406,515	$1,631,593	$2,676,087	$-225,078
2023	$1,755,398	$1,569,721	$3,651,550	$185,677
2022	$1,585,899	$1,456,252	$3,537,109	$129,647
2021	$1,419,996	$1,378,663	$3,161,830	$41,333
2020	$1,449,905	$1,632,898	$3,106,272	$-182,993
2019	$1,917,947	$1,836,128	$3,315,905	$81,819
2018	$1,867,234	$1,774,129	$3,247,204	$93,105

High Hopes Neurological Recovery Group