HOPE FOR TOMORROW INC (EIN 510596442) - 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

2006

Legal Domicile

Principal Officer

THANG DO

Phone

3013790242

Tax Period

2023-01-01 to 2023-12-31

HOPE FOR TOMORROW INC, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $557K, a strong 52% operating margin.

Mission

MISSION OF HOPE FOR TOMORROW (HOPE) IS TO PROVIDE HEALTHCARE, HUMAN SERVICES, INFRASTRUCTURE BUILD OUTS AND EDUCATIONAL ASSISTANCE TO THE DISADVANTAGED COMMUNITIES. HOPE ORGANIZES AND RUNS NUMEROUS PROGRAMS TO SERVE THOSE IN NEED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,042,029

Program Service Revenue $0

Investment Income $19,894

Other Revenue $0

TOTAL REVENUE $1,061,923

Expense Breakdown

Grants Paid $500,243

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $500,243

Other Expenses $5,010

TOTAL EXPENSES $505,253

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,061,923	$598,219	+0.8%
Expenses	$505,253	$633,738	-0.2%
Net Income	$556,670	$-35,519	-16.7%

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
DUC T LE MD	PRESIDENT	012.00	Officer Director	$0	$0	$0
QUYEN DANG DDS	VICE-PRESIDENT	012.00	Officer Director	$0	$0	$0
THANG DO	TREASURER	015.00	Officer Director	$0	$0	$0
CHUONG PHAN DDS	SECRETARY	012.00	Officer Director	$0	$0	$0
ANNA ABEL DDS	DIRECTOR	012.00	Director	$0	$0	$0
THI A NGUYEN DDS	DIRECTOR	012.00	Director	$0	$0	$0
LOC X NGUYEN	DIRECTOR	012.00	Director	$0	$0	$0
CHAU NGUYEN	DIRECTOR	010.00	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
2024	No data	No data	No data	No data
2023	$1,061,923	$505,253	$1,086,475	$556,670
2022	$598,219	$633,738	$963,240	$-35,519
2021	$536,836	$418,450	$1,073,486	$118,386
2020	$327,934	$627,829	$808,811	$-299,895
2017	$606,820	$500,578	$704,916	$106,242

HOPE FOR TOMORROW INC