HANOVER ARC INC (EIN 540975872) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

STACEY MURRELL

Phone

8047982400

Tax Period

2024-07-01 to 2025-06-30

Hanover ARC Inc, founded in 1975, is a small nonprofit in the Human Services sector that reported $264K in total revenue in fiscal year 2022. Revenue surged 134% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 45% operating margin.

Mission

HANOVER ARC INC ADVOCATES FOR THE RIGHTS AND FULL PARTICIPATION OF CHILDREN AND ADULTS WITH INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES. TOGETHER WITH OUR MEMBERS AND AFFILIATED CHAPTERS ACROSS THE NATION, WE PROVIDE AND IMPROVE SYSTEMS OF SUPPORTS AND SERVICES, CONNECT FAMILIES, INSPIRE COMMUNITIES AND INFLUENCE PUBLIC POLICY. PEOPLE WITH DEVELOPMENTAL DISABILITIES ARE VALUED AS CLASSMATES, COWORKERS, NEIGHBORS AND FRIENDS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $469,128

Program Service Revenue $0

Investment Income $6,740

Other Revenue $203

TOTAL REVENUE $476,071

Expense Breakdown

Grants Paid $9,000

Salaries & Benefits $129,565

Fundraising Expenses $9,446

Program Expenses $222,713

Other Expenses $112,488

TOTAL EXPENSES $251,053

Year-over-Year Comparison

	2024	2023	Change
Revenue	$476,071	$334,531	+0.4%
Expenses	$251,053	$294,671	-0.1%
Net Income	$225,018	$39,860	+4.6%

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

Volunteers

250

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

$50,731

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE GALLEGOS	EXECUTIVE DI	30.00	Director	$50,731	$0	$50,731
MICHELLE BROUSSARD	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN BROUSSARD	DIRECTOR	2.00	Director	$0	$0	$0
MELODIE FEARNOW-KENNEY	DIRECTOR	2.00	Director	$0	$0	$0
TAWNA HAMPTON	TREASURER	2.00	Officer Director	$0	$0	$0
SHERYL HOWARD	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
THOMAS IRONS	DIRECTOR	2.00	Director	$0	$0	$0
SUE JEANTHEAU	DIRECTOR	2.00	Director	$0	$0	$0
STACEY MURRELL	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN MYERS	DIRECTOR	2.00	Director	$0	$0	$0
EDDIE PATTERSON	DIRECTOR	2.00	Director	$0	$0	$0
GRETA SELDEN	DIRECTOR	2.00	Director	$0	$0	$0
KATRINA VANHUSS	DIRECTOR	2.00	Director	$0	$0	$0
MARTY WILSON	SECRETARY	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
2025	$476,071	$251,053	$601,953	$225,018
2024	$334,531	$294,671	$376,397	$39,860
2023	$263,583	$143,862	$325,216	$119,721

HANOVER ARC INC