HOPE OF EAST TENNESSEE INC (EIN 620996804) - 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

1976

Legal Domicile

Principal Officer

JEFF SHAW

Phone

8654824826

Tax Period

2024-07-01 to 2025-06-30

HOPE OF EAST TENNESSEE INC, founded in 1976, is a community nonprofit in the Mental Health sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $388K, a strong 21% operating margin.

Mission

TO PROVIDE TREATMENT AND SUPPORT TO INDIVIDUALS SEEKING RECOVERY FROM SUBSTANCE USE DISORDERS.

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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 $1,688,585

Program Service Revenue $102,219

Investment Income $5,404

Other Revenue $9,862

TOTAL REVENUE $1,806,070

Expense Breakdown

Grants Paid $6,380

Salaries & Benefits $920,053

Fundraising Expenses $0

Program Expenses $1,122,761

Other Expenses $491,983

TOTAL EXPENSES $1,418,416

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,806,070	$1,224,972	+0.5%
Expenses	$1,418,416	$1,116,252	+0.3%
Net Income	$387,654	$108,720	+2.6%

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

$75,863

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOBBY QUALLS	PRESIDENT	1.00	Director	$0	$0	$0
KENT STEPHENS	DIRECTOR	1.00	Director	$0	$0	$0
JACK PETERS	SECRETARY	1.00	Director	$0	$0	$0
MARVIN HATCHER	DIRECTOR	1.00	Director	$0	$0	$0
LORI MCCARTER	DIRECTOR	1.00	Director	$0	$0	$0
JOAN SCHANK	TREASURER	1.00	Director	$0	$0	$0
JAKE EDELBACH	DIRECTOR	1.00	Director	$0	$0	$0
JIM GILLESPIE	MEDICAL DIRECTOR	1.00	Director	$0	$0	$0
HERBERT WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
KAREN RUSSELL	DIRECTOR	1.00	Director	$0	$0	$0
JEFF SHAW	EXECUTIVE DIRECTOR	40.00	Officer	$69,279	$6,584	$75,863

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	$1,806,070	$1,418,416	$1,416,937	$387,654
2024	$1,224,972	$1,116,252	$1,204,089	$108,720
2023	$1,139,747	$831,679	$703,045	$308,068
2022	$751,142	$708,830	$304,525	$42,312
2021	$629,888	$612,338	$247,475	$17,550
2020	$666,326	$620,797	$238,265	$45,529
2019	$665,438	$674,422	$270,580	$-8,984
2018	$642,870	$639,152	$257,579	$3,718

HOPE OF EAST TENNESSEE INC