HOPE HOUSE DAY CARE CENTER INC

EIN: 621579024 501(c)(3) Human Services

MEMPHIS, TN

Total Revenue
$6,337,147
Total Expenses
$5,960,275
Total Assets
$4,872,395
Net Assets
$4,065,015
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
TN
Principal Officer
LENOX WARREN
Phone
9012722702
Tax Period
2024-07-01 to 2025-06-30

HOPE HOUSE DAY CARE CENTER INC, founded in 1995, is a community nonprofit in the Human Services sector that reported $6.3M in total revenue in fiscal year 2024. Expenses of $6.0M left a modest 6% surplus.

Mission

THE MISSION OF HOPE HOUSE IS TO IMPROVE THE QUALITY OF LIFE FOR INDIVIDUALS AND FAMILIES AFFECTED BY HIV AND POVERTY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,231,456
Program Service Revenue $0
Investment Income $53,681
Other Revenue $52,010
TOTAL REVENUE $6,337,147

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,675,586
Fundraising Expenses $213,949
Program Expenses $5,413,887
Other Expenses $3,284,689
TOTAL EXPENSES $5,960,275

Year-over-Year Comparison

2024 2023 Change
Revenue $6,337,147 $6,195,530 +0.0%
Expenses $5,960,275 $5,831,858 +0.0%
Net Income $376,872 $363,672 +0.0%
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

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Governance

Voting Members
20
Independent Members
20
Employees
48
Volunteers
264

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
8
$356,656
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEASA RANKIN MEMBER 1.00
Director
$0 $0 $0
DOUG WRIGHT TREASURER 1.00
Officer Director
$0 $0 $0
JONATHAN C HANCOCK MEMBER 1.00
Director
$0 $0 $0
MARYE BERNARD MEMBER 1.00
Director
$0 $0 $0
MICAH WINTER-COLE PRESIDENT 1.00
Officer Director
$0 $0 $0
PARRISH OGLESBY MEMBER 1.00
Director
$0 $0 $0
RICK COLLING MEMBER/ IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
TRACY M SPEAKE MEMBER 1.00
Director
$0 $0 $0
LIZA LIVINGSTON MEMBER 1.00
Director
$0 $0 $0
DAVID WAGNER PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
MEGAN L WILKINS SECRETARY 1.00
Officer Director
$0 $0 $0
ALONA BURNETT MEMBER 1.00
Director
$0 $0 $0
JENNIFER CULOTTA MEMBER 1.00
Director
$0 $0 $0
JAMES HAY MEMBER 1.00
Director
$0 $0 $0
BRYAN MULROY MEMBER 1.00
Director
$0 $0 $0
DEBORAH NEWELL MEMBER 1.00
Director
$0 $0 $0
LAURA PRESLEY MEMBER 1.00
Director
$0 $0 $0
MARDREY WADE KILES MEMBER 1.00
Director
$0 $0 $0
KAREN WILKERSON MEMBER 1.00
Director
$0 $0 $0
SHARON WILSON MEMBER 1.00
Director
$0 $0 $0
LENOX WARREN CEO 40.00
Officer
$125,915 $3,247 $129,162
MELISSA FARRAR COO 40.00
Officer
$103,071 $9,126 $112,197
CAROLE R CLEMENTS CFO 40.00
Officer
$106,467 $8,830 $115,297
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 $6,337,147 $5,960,275 $4,872,395 $376,872
2024 $6,195,530 $5,831,858 $4,466,035 $363,672
2023 $5,488,098 $5,178,947 $3,329,094 $309,151
2022 $4,486,515 $3,839,534 $2,837,184 $646,981
2021 $3,650,120 $3,517,181 $2,619,216 $132,939
2020 $3,233,320 $2,938,252 $2,261,932 $295,068
2019 $2,756,771 $2,766,740 $1,877,675 $-9,969
2018 $2,619,243 $2,498,921 $1,875,768 $120,322
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