OASIS OF HOPE 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

2004

Legal Domicile

Principal Officer

MICHAEL HARRIS

Phone

9015270074

Tax Period

2024-03-01 to 2025-02-28

OASIS OF HOPE INC, founded in 2004, is a small nonprofit in the Religion sector that reported $676K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 57% operating deficit.

Mission

OASIS OF HOPE IS A NON-PROFIT, COMMUNITY-BASED ORGANIZATION THAT ENCOURAGES LIFE-ON-LIFE RELATIONSHIPS THAT CONNECT PEOPLE ACROSS RACIAL AND SOCIOECONOMIC BOUNDARIES.

Program Service Accomplishments

Program 1

Expenses: $516,560 Revenue: $0

OASIS OF HOPE PROMOTED SPIRITUAL AND LEADERSHIP DEVELOPMENT IN YOUNG CHRISTIAN LEADERS BY PROVIDING YOUTH ACTIVITIES, SUMMER CAMPS & AFTER SCHOOL PROGRAMS.

Program 2

Expenses: $149,969

OASIS OF HOPE EMPOWERED NEIGHBORHOOD ADULTS BY PROVIDING EDUCATIONAL, EMPLOYMENT & CAREER DEVELOPMENT SERVICES THROUGHOUT THE COMMUNITY. THE ORGANIZATION ALSO PROVIDED SENIOR ASSISTANCE PROGRAMS.

Program 3

OASIS BUILDS AND REHABILITATES LOW-INCOME AREA HOUSING DEVELOPMENTS IN THE OASIS NEIGHBORHOOD IN INNER-CITY MEMPHIS.

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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 $628,875

Program Service Revenue $0

Investment Income $13,784

Other Revenue $33,071

TOTAL REVENUE $675,730

Expense Breakdown

Grants Paid $341

Salaries & Benefits $520,506

Fundraising Expenses $70,631

Program Expenses $666,529

Other Expenses $540,732

TOTAL EXPENSES $1,061,579

Year-over-Year Comparison

	2024	2023	Change
Revenue	$675,730	$870,905	-0.2%
Expenses	$1,061,579	$873,312	+0.2%
Net Income	$-385,849	$-2,407	+159.3%

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

215

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

$64,530

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANA DRIVER	SECRETARY	10.00	Officer Director	$0	$0	$0
ROBERT HYDE III	TREASURER	10.00	Officer Director	$0	$0	$0
MICHAEL SCARBROUGH	CHAIRMAN	10.00	Officer Director	$0	$0	$0
DAVID WILES SR	DIRECTOR	10.00	Director	$0	$0	$0
MATTILYN BARNES	DIRECTOR	10.00	Director	$0	$0	$0
LYDIA BORS-KOEFOED	DIRECTOR	10.00	Director	$0	$0	$0
ROY BORS-KOEFOED MD	DIRECTOR	10.00	Director	$0	$0	$0
COLLEY COOPER	DIRECTOR	10.00	Director	$0	$0	$0
MELVIN LEWIS	DIRECTOR	10.00	Director	$0	$0	$0
RACHEL CLARK	DIRECTOR	10.00	Director	$0	$0	$0
COLLETE WOODS-BLACKWELL	DIRECTOR	10.00	Director	$0	$0	$0
JOY MARSEILLE	EXECUTIVE DIRECTOR	40.00	Officer	$60,330	$4,200	$64,530

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	$675,730	$1,061,579	$3,531,010	$-385,849
2025	$190,823	$325,374	$3,324,688	$-134,551
2024	$870,905	$873,312	$3,941,858	$-2,407
2023	$618,297	$811,049	$3,990,976	$-192,752
2022	$615,723	$602,325	$4,289,800	$13,398
2022	$638,953	$602,325	$2,355,340	$36,628
2021	$495,741	$525,260	$2,371,813	$-29,519
2020	$754,362	$619,502	$2,303,638	$134,860
2019	$515,157	$564,544	$2,092,867	$-49,387