GREATER HOPE COMMUNITY DEVELOPMENT ORGANIZATION INC

EIN: 593526058 501(c)(3) Housing & Shelter

ORLANDO, FL

Total Revenue
$345,412
Total Expenses
$168,393
Total Assets
$325,538
Net Assets
$325,538
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
FL
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.

Program Service Accomplishments

Program 1
Expenses: $18,200 Revenue: $0

A small business workshop is an interactive and educational session designed to empower entrepreneurs and business owners with valuable skills and knowledge. These workshops cover various aspects of...

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A small business workshop is an interactive and educational session designed to empower entrepreneurs and business owners with valuable skills and knowledge. These workshops cover various aspects of business development such as marketing strategies financial planning legal considerations and effective management practices. Facilitated by industry experts or experienced professionals these sessions provide practical insights tools and resources to help participants enhance their business acumen. Small business workshops serve as a platform for learning networking and fostering a supportive community for individuals looking to start or grow their enterprises. Small Business Workshops Hosted 15 workshops 100 Attendees covering key topics such as business plans strategic plans program development funding business certification grant writing and financial planning.

Program 2
Expenses: $0 Revenue: $0

Conducted 96 personalized in-person coaching sessions with small business owners.

Program 3
Expenses: $0 Revenue: $0

Successfully assisted 37 small businesses in securing their 501c3 Letter of Determination enabling them to access grants and other funding avenues. Supported 42 small businesses in creating new legal...

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Successfully assisted 37 small businesses in securing their 501c3 Letter of Determination enabling them to access grants and other funding avenues. Supported 42 small businesses in creating new legal entities by assisting with: Preparation of Bylaws and Articles of Incorporation Business Registration with the Georgia Department of State.

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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%)

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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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Governance

Voting Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
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
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