PLACE OF HOPE FOUNDATION INC (EIN 612091694) - 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

2023

Legal Domicile

Principal Officer

CHARLES L BENDER III

Phone

5617757195

Tax Period

2023-04-18 to 2023-12-31

PLACE OF HOPE FOUNDATION INC, founded in 2023, is a mid-sized nonprofit in the Human Services sector that reported $25.2M in total revenue in fiscal year 2023. The organization ran a surplus of $24.4M, a strong 97% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO SUPPORT THE CHARITABLE MISSIONS OF PLACE OF HOPE, INC., TREASURES FOR HOPE, INC. AND VILLAGE OF HOPE PALM BEACH COUNTY, INC.

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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 $24,705,943

Program Service Revenue $0

Investment Income $466,633

Other Revenue $0

TOTAL REVENUE $25,172,576

Expense Breakdown

Grants Paid $698,689

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $698,689

Other Expenses $83,028

TOTAL EXPENSES $781,717

Year-over-Year Comparison

	2023	2022	Change
Revenue	$25,172,576	N/A	N/A
Expenses	$781,717	N/A	N/A
Net Income	$24,390,859	N/A	N/A

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

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

$432,273

Total Directors

$432,273

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES L BENDER III	CHAIRMAN	1.00	Officer Director	$0	$38,520	$432,273
GEORGE HENDERSON	SECRETARY	1.00	Officer Director	$0	$0	$0
SAL TIANO	TRUSTEE	1.00	Director	$0	$0	$0
RONALD MICKEY NOCERA	TRUSTEE	1.00	Director	$0	$0	$0
GREGORY KINO	TRUSTEE	1.00	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	No data	No data	No data	No data
2023	$25,172,576	$781,717	$25,368,067	$24,390,859

PLACE OF HOPE FOUNDATION INC