GREATER HOPE COMMUNITY DEVELOPMENT ORGANIZATION INC (EIN 593526058) - 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

1997

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

GREATER HOPE COMMUNITY DEVELOPMENT ORGANIZATION INC, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $345K in total revenue in fiscal year 2024. The organization ran a surplus of $177K, a strong 51% operating margin.

Mission

Empowering communities through affordable housing and comprehensive outreach initiatives. Our mission encompasses fostering nonprofit and small business development facilitating 501c3 status hosting small business expos and offering support in grant applications and beyond. Committed to creating lasting positive impact and building a foundation for sustainable growth within our communities.

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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 (2024)

Revenue Breakdown

Contributions & Grants $338,012

Program Service Revenue $0

Investment Income $0

Other Revenue $7,400

TOTAL REVENUE $345,412

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,200

Other Expenses $168,393

TOTAL EXPENSES $168,393

Year-over-Year Comparison

	2024	2023	Change
Revenue	$345,412	$342,513	+0.0%
Expenses	$168,393	$157,765	+0.1%
Net Income	$177,019	$184,748	0.0%

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

N/A

Employees

N/A

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
Charlene Rose	President	40.00	Officer Director	$0	$0	$0
Victoria Rose	Operations Manager	15.00	Officer Director	$0	$0	$0
Ebony Rose	Marketing Director	10.00	Officer 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
2024	$345,412	$168,393	$325,538	$177,019
2023	$342,513	$161,900	$211,009	$180,613
2022	$333,464	$333,464	$311,764	No data
2021	$302,221	$94,946	$302,221	$207,275
2020	$248,454	$32,849	$215,605	$215,605

GREATER HOPE COMMUNITY DEVELOPMENT ORGANIZATION INC