DOOR OF HOPE MINISTRY 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

2003

Legal Domicile

Principal Officer

JASON NOLT

Phone

8288590126

Tax Period

2024-01-01 to 2024-12-31

DOOR OF HOPE MINISTRY INC, founded in 2003, is a small nonprofit in the Religion sector that reported $927K in total revenue in fiscal year 2024.

Mission

DOOR OF HOPE DISCIPLESHIP MINISTRY IS A BIBLICAL COUNSELING MINISTRY LOCATED IN COLUMBUS, NORTH CAROLINA, OFFERING DISCIPLESHIP BOTH IN GROUP SETTINGS AT VARIOUS CONFERENCES AND TEACHING MINISTRIES AND ON A PERSONAL LEVEL THROUGH ONE-ON-ONE COUNSELING AND THE HANNAH MINISTRY.

Program Service Accomplishments

Program 1

Expenses: $784,093

TO PROVIDE BIBLICALLY BASED COUNSELING TO EMOTIONALLY TROUBLED AND SPIRITUALLY DISTRESSED INDIVIDUALS. TO PROVIDE SEMINARS TO ASSIST INDIVIDUALS IN CONTINUED SPIRITUAL GROWTH.

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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 $887,079

Program Service Revenue $37,055

Investment Income $3,199

Other Revenue $0

TOTAL REVENUE $927,333

Expense Breakdown

Grants Paid $0

Salaries & Benefits $482,207

Fundraising Expenses $22,568

Program Expenses $784,093

Other Expenses $443,567

TOTAL EXPENSES $925,774

Year-over-Year Comparison

	2024	2023	Change
Revenue	$927,333	$942,527	0.0%
Expenses	$925,774	$910,972	+0.0%
Net Income	$1,559	$31,555	-1.0%

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

Employees

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
JASON NOLT	CHAIRMAN, NC	4.00	Officer Director	$0	$0	$0
MAHLON STOLTZFUS	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
KEVIN YODER	TREASURER, N	4.00	Officer Director	$0	$0	$0
MERLE STOLTZFUS	SECRETARY, N	2.00	Officer Director	$0	$0	$0
JOHN YODER	BOARD MEMBER	2.00	Director	$0	$0	$0
MARLIN YODER	BOARD MEMBER	2.00	Director	$0	$0	$0
NATE STOLTZFUS	BOARD MEMBER	2.00	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	$927,333	$925,774	$1,850,251	$1,559
2023	$942,527	$910,972	$1,857,679	$31,555
2022	$973,843	$816,539	$1,859,704	$157,304
2021	$720,714	$612,499	$947,166	$108,215
2020	$505,778	$458,418	$835,028	$47,360
2019	$561,967	$477,107	$787,861	$84,860
2018	$614,060	$468,783	$704,548	$145,277