HOPE RENEWED REALTY CORPORATION (EIN 562393715) - 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

2003

Legal Domicile

Phone

4014533220

Tax Period

2024-01-01 to 2024-12-31

HOPE RENEWED REALTY CORPORATION, founded in 2003, is a micro nonprofit in the Housing & Shelter sector that reported $63K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $449K exceeded revenue, resulting in a 614% operating deficit.

Mission

TO PURCHASE, REHABILITATE AND LEASE PROPERTY TO LOW AND MODERATE INCOME PERSONS.

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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 $0

Program Service Revenue $62,572

Investment Income $306

Other Revenue $0

TOTAL REVENUE $62,878

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $448,897

Other Expenses $448,897

TOTAL EXPENSES $448,897

Year-over-Year Comparison

	2024	2023	Change
Revenue	$62,878	$58,015	+0.1%
Expenses	$448,897	$577,191	-0.2%
Net Income	$-386,019	$-519,176	-0.3%

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
CANDACE HARPER	Executive Dir.	1.00	Officer Director	$0	$0	$0
SEAN FONTES	President	0.50	Officer Director	$0	$0	$0
COLLIN BAILEY	Treasurer	0.50	Officer Director	$0	$0	$0
BRANDFORD DAVIS	Director	0.50	Director	$0	$0	$0
ANGELA ANKOMA	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
2024	$62,878	$448,897	$669,552	$-386,019
2023	$58,015	$577,191	$750,162	$-519,176
2022	$54,274	$215,656	$582,995	$-161,382
2021	$43,734	$72,545	$795,310	$-28,811
2020	$49,781	$1,202,544	$801,384	$-1,152,763
2019	$55,490	$96,266	$1,940,970	$-40,776
2018	$48,035	$112,807	$1,958,634	$-64,772

HOPE RENEWED REALTY CORPORATION