HOPE MISSION OF COASTAL CAROLINA INC (EIN 561757998) - 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

1991

Legal Domicile

Principal Officer

JOHN SOTIRKYS

Phone

2522402359

Tax Period

2024-01-01 to 2024-12-31

HOPE MISSION OF COASTAL CAROLINA INC, founded in 1991, is a small nonprofit that reported $457K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $412K left a modest 10% surplus.

Mission

THE CORE MISSION OF THE ORGANIZATION IS ADDRESSING THE NEEDS OF POVERTY, HOMELESSNESS, AND SUBSTANCE USE IN CARTERET COUNTY AND SURROUNDING AREAS.

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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 $373,423

Program Service Revenue $0

Investment Income $0

Other Revenue $83,246

TOTAL REVENUE $456,669

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,022

Fundraising Expenses $0

Program Expenses $381,112

Other Expenses $244,025

TOTAL EXPENSES $412,047

Year-over-Year Comparison

	2024	2023	Change
Revenue	$456,669	$372,230	+0.2%
Expenses	$412,047	$404,358	+0.0%
Net Income	$44,622	$-32,128	-2.4%

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

Volunteers

1271

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
JEFF BARAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
DENNIS BARBER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
SHARON GARNER	SECRETARY	1.00	Officer Director	$0	$0	$0
RICK MOREAU	TREASURER	1.00	Officer Director	$0	$0	$0
STEVE VAUGHN	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM DUPREE	DIRECTOR	1.00	Director	$0	$0	$0
NATE LEONARD	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD MCINTYRE	DIRECTOR	1.00	Director	$0	$0	$0
SHERRY HUNT	DIRECTOR	1.00	Director	$0	$0	$0
DAVID MCFADYEN	DIRECTOR	1.00	Director	$0	$0	$0
ALLEN JONES	DIRECTOR	1.00	Director	$0	$0	$0
JOHN SOTIRKYS	CEO	15.00	Officer	$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	$456,669	$412,047	$162,078	$44,622
2023	$372,230	$404,358	$117,456	$-32,128
2022	$476,796	$450,850	$152,418	$25,946
2021	$474,203	$404,801	$127,670	$69,402
2020	$414,404	$408,280	$61,714	$6,124
2019	$314,477	$330,948	$160,338	$-16,471
2018	$295,096	$332,889	$519,711	$-37,793

HOPE MISSION OF COASTAL CAROLINA INC