HOPE MINISTRIES OF NORTHERN KENTUCKY INC (EIN 611286178) - 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

Legal Domicile

Principal Officer

DITHSON NOEL

Phone

8593711887

Tax Period

2024-01-01 to 2024-12-31

HOPE MINISTRIES OF NORTHERN KENTUCKY INC is a small nonprofit in the Human Services sector that reported $231K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $75K, a strong 33% operating margin.

Mission

HOPE MINISTRIES HELPS LOW INCOME FAMILIES IN NORTHERN KENTUCKY WITH EMERGENCY FOOD ASSISTANCE, CLOTHING, HOUSEHOLD ITEMS, AND USED TOYS.

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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 $228,563

Program Service Revenue $0

Investment Income $2,261

Other Revenue $0

TOTAL REVENUE $230,824

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,673

Fundraising Expenses $0

Program Expenses $145,245

Other Expenses $142,873

TOTAL EXPENSES $155,546

Year-over-Year Comparison

	2024	2023	Change
Revenue	$230,824	$292,514	-0.2%
Expenses	$155,546	$265,501	-0.4%
Net Income	$75,278	$27,013	+1.8%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY R AYLOR	DIRECTOR	N/A	Director	$0	$0	$0
BEN BROWN	DIRECTOR	N/A	Director	$0	$0	$0
TOM ECKLER	DIRECTOR	N/A	Director	$0	$0	$0
JIM BOB KNOTT	DIRECTOR	N/A	Director	$0	$0	$0
DENISE NEVINS	DIRECTOR	N/A	Director	$0	$0	$0
DITHSON NOEL	PRESIDENT	N/A	Director	$0	$0	$0
DITHSON NOEL	DIRECTOR	N/A	Director	$0	$0	$0
JEFF TURNER	DIRECTOR	N/A	Director	$0	$0	$0
ROBERT MILLER	TREASURER	N/A	Officer	$0	$0	$0
TERRI REHMET	SECRETARY	N/A	Officer	$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	$230,824	$155,546	$153,397	$75,278
2023	$292,514	$265,501	$77,034	$27,013
2022	$267,638	$278,150	$50,021	$-10,512
2021	$245,817	$224,880	$60,533	$20,937
2020	$230,861	$210,290	$39,596	$20,571

HOPE MINISTRIES OF NORTHERN KENTUCKY INC