HOPE CENTER FOR CHILDREN (EIN 570601487) - 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

1974

Legal Domicile

Principal Officer

VERNON HAYES

Phone

8645837688

Tax Period

2023-10-01 to 2024-09-30

HOPE CENTER FOR CHILDREN, founded in 1974, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year.

Mission

HOPE CENTER FOR CHILDREN PROVIDES FIVE SERVICES DESIGNED TO CREATE AN ARRAY OF SERVICES WHICH FULFILL OUR MISSION OF BUILDING STABLE, HEALTHY FAMILIES AND PROVIDING CHILDREN A SAFE PLACE FROM ABUSE OR NEGLECT. LAST YEAR WE SERVED 963 CHILDREN AND 1,820 INDIVIDUALS (CHILDREN PLUS PARENTS). HOPE CENTER FOR CHILDREN'S REACH IS FAR GREATER THAN THE CENSUS COUNTS INCLUDED IN THESE PROGRAM DESCRIPTIONS. THE NUMBERS LISTED GROW EXPONENTIALLY WHEN THE INFORMAL PARENTING TIPS, BEHAVIOR MODIFICATION STRATEGIES, AND GUIDANCE TO CHILDREN AND FAMILIES IS GIVEN OUTSIDE OF A STRUCTURED SETTING. PRACTITIONERS ARE APPROACHED ON A REGULAR BASIS BY MEMBERS OF THE COMMUNITY FOR INFORMAL CONSULTATION, AND THOSE NUMBERS ARE NOT CAPTURED IN HOPE CENTER'S CENSUS STATISTICS. IN ADDITION, ALL SERVICES HAVE A MULTI-GENERATIONAL APPROACH GEARED TOWARDS ASSISTING FAMILIES DISCOVER NEW WAYS TO BUILD STABLE, HEALTHY FAMILIES.

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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 $3,472,063

Program Service Revenue $0

Investment Income $39,640

Other Revenue $381,559

TOTAL REVENUE $3,893,262

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,184,282

Fundraising Expenses $205,375

Program Expenses $3,405,445

Other Expenses $952,095

TOTAL EXPENSES $4,136,377

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,893,262	$4,783,351	-0.2%
Expenses	$4,136,377	$3,986,367	+0.0%
Net Income	$-243,115	$796,984	-1.3%

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

Volunteers

244

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

$98,491

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HAYS KEADLE JR	DIRECTOR	1.00	Director	$0	$0	$0
COREY CARSON	TREASURER	1.00	Director	$0	$0	$0
JODY BABB	VICE CHAIR	1.00	Director	$0	$0	$0
DANIEL EBIN	DIRECTOR	1.00	Officer Director	$0	$0	$0
RENEE KLEIN	DIRECTOR	1.00	Director	$0	$0	$0
CHERIE PRESSLEY	DIRECTOR	1.00	Director	$0	$0	$0
NAN DEMPSEY	SECRETARY	1.00	Officer Director	$0	$0	$0
WENDY GRIFFITH	CHAIR	1.00	Officer Director	$0	$0	$0
JULIE THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
LICHELLE JONES-WILKINS	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH MCCOWN	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA MYERS	DIRECTOR	1.00	Director	$0	$0	$0
ALAN JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH POIRIER	DIRECTOR	1.00	Director	$0	$0	$0
AMIT PATEL	DIRECTOR	1.00	Director	$0	$0	$0
TAYLOR SMITH	DIRECTOR	1.00	Director	$0	$0	$0
MAC WHITE	DIRECTOR	1.00	Director	$0	$0	$0
VERNON HAYES	CEO	40.00	Officer	$98,491	$0	$98,491

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	$3,893,262	$4,136,377	$4,978,890	$-243,115
2023	$4,783,351	$3,986,367	$5,150,216	$796,984
2022	$3,709,156	$3,851,156	$4,301,517	$-142,000
2021	$3,961,028	$3,638,299	$4,400,599	$322,729
2020	$3,711,646	$3,896,301	$4,431,188	$-184,655
2019	$3,661,963	$3,802,781	$4,086,004	$-140,818
2018	$3,855,533	$3,659,129	$4,212,921	$196,404

HOPE CENTER FOR CHILDREN