COLUMBUS HOPE FOUNDATION INC (EIN 621870323) - 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

2001

Legal Domicile

Principal Officer

MICHAEL ALLEN

Phone

8033977803

Tax Period

2024-07-01 to 2025-06-30

COLUMBUS HOPE FOUNDATION INC, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $290K in total revenue in fiscal year 2024. Expenses of $266K left a modest 8% surplus.

Mission

TO PROVIDE FUNDS TO ORGANIZATIONS FOR THE CARE OR SUPPORT OF MENTALLY HANDICAPPED PERSONS.

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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 $287,583

Program Service Revenue $0

Investment Income $2,185

Other Revenue $0

TOTAL REVENUE $289,768

Expense Breakdown

Grants Paid $263,371

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $263,371

Other Expenses $2,177

TOTAL EXPENSES $265,548

Year-over-Year Comparison

	2024	2023	Change
Revenue	$289,768	$295,196	0.0%
Expenses	$265,548	$291,687	-0.1%
Net Income	$24,220	$3,509	+5.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL A ALLEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANTHONY A PANEK	CHIEF OPERATING OFFICER	1.00	Officer Director	$0	$0	$0
DAVID I TIBBS	CHIEF FINANCIAL OFFICER	1.00	Officer Director	$0	$0	$0
ALLAN CHAMBERS	DRIVE CHAIRMAN	1.00	Director	$0	$0	$0
JOSPEPH BALOTTI	COMMUNICATIONS DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY CROUCH	DIRECTOR	1.00	Director	$0	$0	$0
JAMES E MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
LARRY D PATTEN	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK NOONE	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES R GOERGEN	DIRECTOR	1.00	Director	$0	$0	$0
ROOSEVELT CUMMINGS	DIRECTOR	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
2025	$289,768	$265,548	$227,295	$24,220
2024	$295,196	$291,687	$203,075	$3,509
2023	$277,884	$279,520	$199,566	$-1,636
2022	$242,829	$224,015	$201,202	$18,814
2021	$158,127	$146,155	$182,387	$11,972
2019	$356,242	$341,297	$144,240	$14,945

COLUMBUS HOPE FOUNDATION INC