HOPE FOR HAITI FOUNDATION (EIN 562157424) - 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

2000

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

HOPE FOR HAITI FOUNDATION, founded in 2000, is a small nonprofit in the International Affairs sector that reported $256K in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. Expenses of $287K exceeded revenue, resulting in a 12% operating deficit.

Mission

Hope for Haiti Foundation provides supplies and services for the health and education for the people of Haiti. This is done through child sponsorships construction on new projects missions educational scholarships financial support for the salaries of Haitians working in the foundations schools medical centers and churches and educational and medical trips to Haiti.

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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 (2023)

Revenue Breakdown

Contributions & Grants $248,204

Program Service Revenue $7,990

Investment Income $5

Other Revenue $0

TOTAL REVENUE $256,199

Expense Breakdown

Grants Paid $7,801

Salaries & Benefits $100,478

Fundraising Expenses $0

Program Expenses $258,281

Other Expenses $179,025

TOTAL EXPENSES $287,304

Year-over-Year Comparison

	2023	2022	Change
Revenue	$256,199	$139,762	+0.8%
Expenses	$287,304	$213,574	+0.3%
Net Income	$-31,105	$-73,812	-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

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
Jean Eloi	Chairman	15.00	Officer	$0	$0	$0
Mark Martyak	Finance Committee	2.00	Officer	$0	$0	$0
Chris Ellis	Facilities Committee	2.00	Officer	$0	$0	$0
Marlene Rickert	Medical Committee	2.00	Officer	$0	$0	$0
Jerry Decker	Educational Committee	2.00	Officer	$0	$0	$0
John Brown	Spiritual Committee	2.00	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	No data	No data	No data	No data
2023	$256,199	$287,304	$119,352	$-31,105
2022	$205,742	$233,311	$150,457	$-27,569
2020	$195,932	$144,631	$88,382	$51,301
2019	$200,871	$264,645	$39,124	$-63,774

HOPE FOR HAITI FOUNDATION