House of Hope of NC Inc (EIN 561924481) - 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

1995

Legal Domicile

Principal Officer

Cindy Kouhout

Phone

9195508181

Tax Period

2024-01-01 to 2024-12-31

House of Hope of NC Inc, founded in 1995, is a small nonprofit in the Education sector that reported $799K in total revenue in fiscal year 2024. The organization ran a surplus of $188K, a strong 23% operating margin.

Mission

Home, Counseling & Support for Hurting Teens

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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 $553,813

Program Service Revenue $225,535

Investment Income $14,208

Other Revenue $5,550

TOTAL REVENUE $799,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $401,104

Fundraising Expenses $61,140

Program Expenses $354,602

Other Expenses $210,282

TOTAL EXPENSES $611,386

Year-over-Year Comparison

	2024	2023	Change
Revenue	$799,106	$817,813	0.0%
Expenses	$611,386	$524,102	+0.2%
Net Income	$187,720	$293,711	-0.4%

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

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

$84,828

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Monica Mills	Executive Director	40.00	Director	$84,828	$0	$84,828
Susan Atkinson	Advisor	1.00	Director	$0	$0	$0
Kay Beard	Advisor	1.00	Director	$0	$0	$0
Jay Strickland	Advisor	1.00	Director	$0	$0	$0
Jeff Parlier	Advisor	1.00	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	$799,106	$611,386	$1,132,452	$187,720
2023	$817,813	$524,102	$942,582	$293,711
2022	$635,159	$572,065	$646,622	$63,094
2021	$567,260	$558,067	$601,612	$9,193
2020	$527,917	$502,269	$587,295	$25,648
2019	$447,513	$500,170	$485,122	$-52,657
2018	$495,434	$418,616	$537,359	$76,818

House of Hope of NC Inc