Progressive Hope House Inc (EIN 582658989) - 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

2002

Legal Domicile

Principal Officer

colin edelstein

Phone

4043711230

Tax Period

2025-01-01 to 2025-12-31

Progressive Hope House Inc, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $391K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $434K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE ADDICTION TREATMENT AND TRANSITIONAL HOUSING SERVICES TO HOMELESS ADULT MALES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $35,320

Program Service Revenue $354,381

Investment Income $841

Other Revenue $0

TOTAL REVENUE $390,542

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $20,429

Program Expenses $367,509

Other Expenses $433,762

TOTAL EXPENSES $433,762

Year-over-Year Comparison

	2025	2024	Change
Revenue	$390,542	$348,793	+0.1%
Expenses	$433,762	$439,455	0.0%
Net Income	$-43,220	$-90,662	-0.5%

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
COLIN EDELSTEIN	CHAIR	2.0	Officer Director	$0	$0	$0
THURSTON COOKE	TREASURER	2.0	Officer Director	$0	$0	$0
JEFF ADAMS	Secretary	1.0	Officer Director	$0	$0	$0
LAWRENCE ELDER	DIRECTOR	1.0	Director	$0	$0	$0
LEE CARROLL	DIRECTOR	1.0	Director	$0	$0	$0
KENNETH DAYS III	DIRECTOR	1.0	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	$390,542	$433,762	$2,254,817	$-43,220
2024	$348,793	$439,455	$2,188,671	$-90,662
2023	$386,413	$379,661	$2,242,941	$6,752
2022	$346,202	$401,225	$2,207,904	$-55,023
2021	$758,078	$414,122	$2,256,320	$343,956
2020	$338,295	$311,851	$1,903,300	$26,444
2019	$370,483	$313,656	$1,913,532	$56,827
2018	$318,244	$383,864	$1,865,522	$-65,620

Progressive Hope House Inc