HOPE FOR LIFE (EIN 611806775) - 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

2016

Legal Domicile

Principal Officer

Philip Keeton

Phone

2066888390

Tax Period

2023-01-01 to 2023-12-31

HOPE FOR LIFE, founded in 2016, is a small nonprofit in the Human Services sector that reported $333K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $419K exceeded revenue, resulting in a 26% operating deficit.

Mission

Hope for Life serves impoverished youth through holistic care, providing stability in their lives and empowering them with resources and education needed to obtain a flourishing future for themselves and their community.

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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 (2023)

Revenue Breakdown

Contributions & Grants $346,576

Program Service Revenue $0

Investment Income $0

Other Revenue $-13,631

TOTAL REVENUE $332,945

Expense Breakdown

Grants Paid $201,700

Salaries & Benefits $179,243

Fundraising Expenses $70,479

Program Expenses $260,668

Other Expenses $38,304

TOTAL EXPENSES $419,247

Year-over-Year Comparison

	2023	2022	Change
Revenue	$332,945	$562,534	-0.4%
Expenses	$419,247	$480,815	-0.1%
Net Income	$-86,302	$81,719	-2.1%

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

$100,420

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Edward Sumner	Executive Director	40	Officer	$98,671	$1,749	$100,420
Philip Keeton	Board Chair	1	Officer Director	$0	$0	$0
Marissa Ukosakul-Witt	Secretary	1	Officer Director	$0	$0	$0
Timothy Sneath	Treasurer	1	Officer Director	$0	$0	$0
Judith Bamporiki	Director	1	Director	$0	$0	$0
Alessandra Durham	Director	1	Director	$0	$0	$0
Emily Kuhn	Director	1	Director	$0	$0	$0
Tressa Sylwester	Director	1	Director	$0	$0	$0
Seng Thor	Director	1	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
2023	$332,945	$419,247	$263,678	$-86,302
2022	$562,534	$480,815	$354,283	$81,719
2021	$523,577	$553,495	$262,080	$-29,918
2020	$608,407	$584,780	$310,172	$23,627
2019	$636,132	$499,279	$269,623	$136,853
2018	$299,270	$235,435	$131,321	$63,835

HOPE FOR LIFE