THERE IS HOPE FOUNDATION INC

EIN: 510434491 501(c)(3) Religion

CLEVELAND, SC

Total Revenue
$13,730
Total Expenses
$15,091
Total Assets
$3,542
Net Assets
$3,542
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
GA
Principal Officer
THOMAS W BEAL
Tax Period
2019-01-01 to 2019-12-31

THERE IS HOPE FOUNDATION INC, founded in 2008, is a micro nonprofit in the Religion sector that reported $14K in total revenue in fiscal year 2019. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

TO ASSIST ROMANIAN CHURCHES AND PEOPLE WITH MEDICAL, PHYSICAL, SPIRITUAL, CLOTHING AND NUTRITIONAL NEEDS. PROVIDED SUPPORT TO CHILDRENS CAMP AND RETREAT CENTER IN BISTRITA/NASAUD REGIION OF ROMANIA

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $13,730
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $13,730

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $15,091
Other Expenses $15,091
TOTAL EXPENSES $15,091

Year-over-Year Comparison

2019 2018 Change
Revenue $13,730 $11,601 +0.2%
Expenses $15,091 $9,661 +0.6%
Net Income $-1,361 $1,940 -1.7%
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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
20

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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS W BEAL CEO AND BOARD MEMBER 35.00
Officer Director
$0 $0 $0
JOHN J ROGERS BOARD MEMBER 20.00
Director
$0 $0 $0
JERRY C YARBROUGH BOARD MEMBER 10.00
Director
$0 $0 $0
DANIEL P ELDER BOARD MEMBER 20.00
Director
$0 $0 $0
FREDDIE W YOUNG BOARD MEMBER 20.00
Director
$0 $0 $0
ARLENE BEAL BOARD MEMBER 35.00
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
2019 $13,730 $15,091 $3,542 $-1,361
2018 $11,601 $9,661 $4,903 $1,940
Explore More Nonprofits
Top 100 Nonprofits in South Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THERE IS HOPE FOUNDATION INC with other nonprofits in South Carolina and across the country.