HOPE ELEMENTARY SCHOOL (EIN 562096530) - 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

2002

Legal Domicile

Principal Officer

WALT SHERLIN

Phone

9198340941

Tax Period

2019-07-01 to 2020-02-29

HOPE ELEMENTARY SCHOOL, founded in 2002, is a micro nonprofit that reported $88K in total revenue in fiscal year 2019. Revenue fell 107% from the prior year — a significant decline worth monitoring.

Mission

THE CORPORATION IS ORGANIZED FOR THE PURPOSE OF OPERATING A CHARTER PUBLIC SCHOOL IN RALEIGH, NC.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $-89,255

Other Revenue $1,242

TOTAL REVENUE $-88,013

Expense Breakdown

Grants Paid $20,128

Salaries & Benefits $8,598

Fundraising Expenses $0

Program Expenses $32,804

Other Expenses $23,993

TOTAL EXPENSES $52,719

Year-over-Year Comparison

	2019	2018	Change
Revenue	$-88,013	$1,331,824	-1.1%
Expenses	$52,719	$1,654,737	-1.0%
Net Income	$-140,732	$-322,913	-0.6%

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

N/A

Volunteers

N/A

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
CHIP ANDERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
BARBARA ENGRAM	BOARD MEMBER	1.00	Director	$0	$0	$0
R MICHAEL GRAY	TREASURER	1.00	Officer Director	$0	$0	$0
PAMELA JAMISON	SECRETARY	1.00	Officer Director	$0	$0	$0
JOEL KAMYA	BOARD MEMBER	1.00	Director	$0	$0	$0
LEONARD KING	BOARD MEMBER	1.00	Director	$0	$0	$0
KENNETH MACK	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM MANN	BOARD MEMBER	1.00	Director	$0	$0	$0
TUCKER MANN	CO-CHAIRMAN	1.00	Officer Director	$0	$0	$0
WILLETTE MORMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
WALT SHERLIN	CO-CHAIRMAN	1.00	Officer Director	$0	$0	$0
ROBIN VINCENT	BOARD MEMBER	1.00	Director	$0	$0	$0
ALLENE ADAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
DELORES FOGG	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNA DUNN FONVILLE	BOARD MEMBER	1.00	Director	$0	$0	$0
CLARISSA FLEMING	PRINCIPAL	40.00	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
2020	$-88,013	$52,719	No data	$-140,732
2019	$1,331,824	$1,654,737	$152,994	$-322,913
2018	$1,544,186	$1,557,702	$479,631	$-13,516

HOPE ELEMENTARY SCHOOL