HOPECAM INC

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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

Principal Officer

LEONARD FORKAS

Phone

7033645609

Tax Period

2023-07-01 to 2024-06-30

HOPECAM INC, founded in 2003, is a small nonprofit that reported $653K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $901K exceeded revenue, resulting in a 38% operating deficit.

Mission

TO CREATE A BETTER QUALITY OF LIFE FOR CHILDREN DIAGNOSED WITH CANCER BY USING TECHNOLOGY TO CONNECT THEM WITH THEIR CLASSMATES AND PEERS.

Program Service Accomplishments

Program 1

Expenses: $779,685

HOPECAM OVERCOMES THE SOCIAL ISOLATION OF HOSPITALIZED AND HOMEBOUND CHILDREN WITH CANCER BY CONNECTING THEM TO THEIR FRIENDS AND CLASSROOMS DURING TREATMENT BY PROVIDING LAPTOPS AND TABLETS, WEB...

HOPECAM OVERCOMES THE SOCIAL ISOLATION OF HOSPITALIZED AND HOMEBOUND CHILDREN WITH CANCER BY CONNECTING THEM TO THEIR FRIENDS AND CLASSROOMS DURING TREATMENT BY PROVIDING LAPTOPS AND TABLETS, WEB CAMERAS AND INTERNET SERVICE, AND BY WORKING WITH TEACHERS TO ESTABLISH CONNECTIONS IN THEIR CLASSROOMS. EACH YEAR, CLOSE TO 16,000 CHILDREN IN THE U.S. ARE DIAGNOSED WITH CANCER AND UNDERGO TREATMENTS THAT DRAMATICALLY LIMIT THEIR ABILITY TO GO TO SCHOOL AND BE WITH FRIENDS. AMONG THE FIRST SIDE-EFFECTS IS ISOLATION FROM THEIR PEERS. HOPECAM GIVES EACH CHILD A TABLET OR LAPTOP WITH WIFI ACCESS, THEN WORKS ONE-ON-ONE WITH THE CHILD'S FAMILY AND SCHOOL, PROVIDING THEM WITH NEEDED EQUIPMENT, RESOURCES, AND SUPPORT.

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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 $628,807

Program Service Revenue $0

Investment Income $22,492

Other Revenue $1,500

TOTAL REVENUE $652,799

Expense Breakdown

Grants Paid $347,768

Salaries & Benefits $259,443

Fundraising Expenses $85,429

Program Expenses $779,685

Other Expenses $293,599

TOTAL EXPENSES $900,810

Year-over-Year Comparison

	2023	2022	Change
Revenue	$652,799	$1,052,437	-0.4%
Expenses	$900,810	$794,510	+0.1%
Net Income	$-248,011	$257,927	-2.0%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEONARD FORKAS	CHAIRMAN	20.00	Officer Director	$0	$0	$0
OZZIE REYES-CHICA	SECRETARY	2.00	Officer Director	$0	$0	$0
STEPHEN RITCHEY	TREASURER	2.00	Officer Director	$0	$0	$0
ARLENE BROWN	BOARD MEMBER	2.00	Director	$0	$0	$0
COL KATHY BROWN	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
LEIGH-ALEXANDRA BASHA	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL DAVIES-HUGHES	BOARD MEMBER	2.00	Director	$0	$0	$0
KELLIE MATTERS	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK GINSBERG	BOARD MEMBER	2.00	Director	$0	$0	$0
EVA PERDAHL-WALLACE	BOARD MEMBER	2.00	Director	$0	$0	$0
DENA SOTO	BOARD MEMBER	2.00	Director	$0	$0	$0
EMILY FARKAS	BOARD MEMBER	2.00	Director	$0	$0	$0
SUNNY TAYLOR	BOARD MEMBER	2.00	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
2025	No data	No data	No data	No data
2024	$652,799	$900,810	$743,820	$-248,011
2023	$1,052,437	$794,510	$975,425	$257,927
2022	$563,576	$833,339	$660,728	$-269,763
2021	$684,867	$739,704	$699,425	$-54,837
2020	$652,965	$662,806	$754,781	$-9,841
2019	$518,990	$553,535	$753,821	$-34,545
2018	$270,631	$433,945	$787,564	$-163,314