THE HOPE CENTER (EIN 581972033) - 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

1992

Legal Domicile

Principal Officer

JULIE PAYSEN

Phone

7067160316

Tax Period

2023-01-01 to 2023-12-31

THE HOPE CENTER, founded in 1992, is a small nonprofit that reported $163K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $30K, a strong 18% operating margin.

Mission

A MINISTRY OFFERING A WIDE RANGE OF SERVICES TO HELP MEET ESSENTIAL NEEDS, EDUCATION ADVANCEMENT AND COUNSELING OF INDIVIDUALS AND FAMILIES IN NORTHEAST GEORGIA. THESE SERVICES INCLUDE PROVIDING FOOD SERVICES, SHOWER AND LAUNDRY FACILITIES, HOUSING AND JOB SEARCH ASSISTANCE FOR PEOPLE OF TOCCOA-STEPHENS COUNTY.

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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 $163,232

Program Service Revenue $0

Investment Income $55

Other Revenue $0

TOTAL REVENUE $163,287

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,469

Fundraising Expenses $0

Program Expenses $94,350

Other Expenses $77,083

TOTAL EXPENSES $133,552

Year-over-Year Comparison

	2023	2022	Change
Revenue	$163,287	$118,911	+0.4%
Expenses	$133,552	$146,716	-0.1%
Net Income	$29,735	$-27,805	-2.1%

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

N/A

Employees

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
JULIE PAYSEN	Chairman	1.00	Director	$0	$0	$0
NOEL PAULEY	Secretary	1.00	Director	$0	$0	$0
GARY LANCE	BOARD MEMBER	1.00	Director	$0	$0	$0
AL VULCANO	BOARD MEMBER	1.00	Director	$0	$0	$0
AGNES OGLESBY	BOARD MEMBER	1.00	Director	$0	$0	$0
SHELBY WARD	BOARD MEMBER	1.00	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
2023	$163,287	$133,552	$51,160	$29,735
2022	$118,911	$146,716	$34,226	$-27,805
2021	$229,904	$231,342	$43,899	$-1,438

THE HOPE CENTER