C WALDO SCOTT CENTER FOR HOPE INC

EIN: 541744900 501(c)(3) Community Improvement

NEWPORT NEWS, VA

Total Revenue
$408,046
Total Expenses
$386,482
Total Assets
$868,071
Net Assets
$836,998
🔒

Tuckman-Chang Vulnerability Assessment

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
1990
Legal Domicile
VA
Principal Officer
MICHAEL NICHOLS
Phone
7572453271
Tax Period
2024-07-01 to 2025-06-30

C WALDO SCOTT CENTER FOR HOPE INC, founded in 1990, is a small nonprofit in the Community Improvement sector that reported $395K in total revenue in fiscal year 2017. Expenses of $378K left a modest 4% surplus.

Mission

PROVIDE COMPREHENSIVE SERVICES TO EDUCATE AND FOSTER THE GROWTH AND DEVELOPMENT OF YOUTH AND FAMILIES AND TO PROVIDE HOPE TO FAMILIES WHILE DEVELOPING THE WHOLE CHILD.

🔒

Trantor Score

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

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 (2024)

Revenue Breakdown

Contributions & Grants $393,676
Program Service Revenue $7,130
Investment Income $6,534
Other Revenue $706
TOTAL REVENUE $408,046

Expense Breakdown

Grants Paid $4,500
Salaries & Benefits $248,779
Fundraising Expenses $7,897
Program Expenses $308,141
Other Expenses $133,203
TOTAL EXPENSES $386,482

Year-over-Year Comparison

2024 2023 Change
Revenue $408,046 $426,151 0.0%
Expenses $386,482 $383,435 +0.0%
Net Income $21,564 $42,716 -0.5%
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
11
Independent Members
11
Employees
13
Volunteers
15

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
$73,157
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRYSTAL RAINEY EXECUTIVE DI 40.00
Officer
$73,157 $0 $73,157
ANGELA FUTRELL BOARD CHAIR 1.00
Director
$0 $0 $0
MICHAEL NICHOLS CURRENT BOAR 0.50
Director
$0 $0 $0
GLORIA THOMAS BOARD VICE C 0.50
Director
$0 $0 $0
CLEO HOLLOWAY BOARD SECRET 0.50
Director
$0 $0 $0
LARRY L ORIE BOARD TREASU 0.50
Director
$0 $0 $0
REV JAMES BROWN DIRECTOR 0.50
Director
$0 $0 $0
MARYLIN SINCLAIR-WHITE DIRECTOR 0.50
Director
$0 $0 $0
LARRY L ORI JR BUTCH DIRECTOR 0.50
Director
$0 $0 $0
THURMAN DIAMOND DIRECTOR 0.50
Director
$0 $0 $0
M ANNETTE CLAYTON DIRECTOR 0.50
Director
$0 $0 $0
DOMEKA KELLEY DIRECTOR 0.50
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 $408,046 $386,482 $868,071 $21,564
2024 No data No data No data No data
2023 $390,470 $390,227 $819,757 $243
2022 $446,033 $416,786 $800,290 $29,247
2021 $454,542 $419,292 $772,402 $35,250
2020 $408,429 $371,794 $729,827 $36,635
2019 $394,534 $365,435 $693,399 $29,099
2018 $394,955 $378,090 $666,402 $16,865
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare C WALDO SCOTT CENTER FOR HOPE INC with other nonprofits in Virginia and across the country.