NEW HOPE RECREATION AND DEVELOPMENT CENTER INC (EIN 510324776) - 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

1989

Legal Domicile

Principal Officer

KENDAL TYRE

Phone

3024240767

Tax Period

2024-01-01 to 2024-12-31

NEW HOPE RECREATION AND DEVELOPMENT CENTER INC, founded in 1989, is a micro nonprofit that reported $34K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $40K exceeded revenue, resulting in a 16% operating deficit.

Mission

YOUTH DEVELOPMENT AND RECREATION

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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 $26,758

Program Service Revenue $7,250

Investment Income $30

Other Revenue $0

TOTAL REVENUE $34,038

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,514

Other Expenses $39,639

TOTAL EXPENSES $39,639

Year-over-Year Comparison

	2024	2023	Change
Revenue	$34,038	$29,432	+0.2%
Expenses	$39,639	$39,270	+0.0%
Net Income	$-5,601	$-9,838	-0.4%

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

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
CAROLYN DAVIS	DIRECTOR	N/A	Director	$0	$0	$0
DENISE GOOCH	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL GOOCH	DIRECTOR	N/A	Director	$0	$0	$0
LARRY SAVAGE	DIRECTOR	N/A	Director	$0	$0	$0
DELORES TYRE	DIRECTOR	N/A	Director	$0	$0	$0
KENDAL TYRE	EXECUTIVE DI	N/A	Officer Director	$0	$0	$0
SHERRY WHITE	TREASURER	N/A	Officer Director	$0	$0	$0
JAMES WILLIAMS	DIRECTOR	N/A	Director	$0	$0	$0
JEAN WYLIE	DIRECTOR	N/A	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	$34,038	$39,639	$200,035	$-5,601
2023	$29,432	$39,270	$211,661	$-9,838
2022	$31,223	$30,900	$214,876	$323
2022	$27,696	$30,900	$214,877	$-3,204
2021	$23,634	$25,536	$214,553	$-1,902
2020	$23,549	$24,177	$216,455	$-628
2019	$35,125	$34,217	$217,083	$908
2018	$35,371	$31,233	$221,173	$4,138

NEW HOPE RECREATION AND DEVELOPMENT CENTER INC