THE HOPE FOR FAMILIES CENTER 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

1991

Legal Domicile

Principal Officer

CHARLES CUNNINGHAM

Phone

7725675537

Tax Period

2023-07-01 to 2024-06-30

THE HOPE FOR FAMILIES CENTER INC, founded in 1991, is a community nonprofit in the Human Services sector that reported $2.3M in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $886K, a strong 39% operating margin.

Mission

TO PROVIDE OPPORTUNITIES FOR HOMELESS FAMILIES TO END HOMELESSNESS BY ACHIEVING SELF-SUFFICIENCY THROUGH EDUCATION, LIVING WAGES, AND PERMANENT HOUSING.

Program Service Accomplishments

Program 1

Expenses: $1,028,433 Revenue: $43,832

THE HOPE FOR FAMILIES CENTER PROVIDES LONG TERM TRANSITIONAL HOUSING FOR HOMELESS FAMILIES ON THE TREASURE COAST. THE HOPE FOR FAMILIES CENTER FOCUSES ON EDUCATION, JOB TRAINING, AND LIFE SKILLS...

THE HOPE FOR FAMILIES CENTER PROVIDES LONG TERM TRANSITIONAL HOUSING FOR HOMELESS FAMILIES ON THE TREASURE COAST. THE HOPE FOR FAMILIES CENTER FOCUSES ON EDUCATION, JOB TRAINING, AND LIFE SKILLS NEEDED FOR SELF SUFFICIENCY.

Program 2

N/A

Program 3

N/A

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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 $2,145,581

Program Service Revenue $15,236

Investment Income $52,881

Other Revenue $49,232

TOTAL REVENUE $2,262,930

Expense Breakdown

Grants Paid $0

Salaries & Benefits $807,193

Fundraising Expenses $174,893

Program Expenses $1,028,433

Other Expenses $569,827

TOTAL EXPENSES $1,377,020

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,262,930	$4,269,277	-0.5%
Expenses	$1,377,020	$1,246,809	+0.1%
Net Income	$885,910	$3,022,468	-0.7%

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

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	Role	Reportable Comp	Other Comp	Total
CHARLES CUNNINGHAM	PRESIDENT	Officer Director	$0	$0	$0
SANDRA DIVINE	VICE PRESIDENT	Officer Director	$0	$0	$0
BRUCE ALBRO	TREASURER	Officer Director	$0	$0	$0
WILLIAM SCHMITT	DIRECTOR	Director	$0	$0	$0
RICHARD TOMPKINS	DIRECTOR	Director	$0	$0	$0
DAVID JOHNSON	DIRECTOR	Director	$0	$0	$0
MILLIE YOUNG	DIRECTOR	Director	$0	$0	$0
DAN DOWNEY	DIRECTOR	Director	$0	$0	$0
SCOTT COX	DIRECTOR	Director	$0	$0	$0
ANITA SALZBERG	DIRECTOR	Director	$0	$0	$0
ALPHONSO DIAZ	DIRECTOR	Director	$0	$0	$0
GEORGE COLLINS	SECRETARY	Officer Director	$0	$0	$0
MELISSA WEAVER	DIRECTOR	Director	$0	$0	$0
KEVIN MADDEN	DIRECTOR	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	$2,262,930	$1,377,020	$7,651,882	$885,910
2023	$4,269,277	$1,246,809	$6,659,603	$3,022,468
2022	$1,540,715	$1,134,310	$3,590,140	$406,405
2021	$1,342,152	$1,016,830	$3,133,903	$325,322
2019	$1,965,100	$993,596	$2,446,075	$971,504
2018	$1,137,133	$1,254,681	$1,727,819	$-117,548