MISSION OF HOPE (EIN 631253204) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Phone

2056475569

Tax Period

2024-01-01 to 2024-12-31

Mission of Hope, founded in 1992, is a small nonprofit in the Human Services sector that reported $184K in total revenue in fiscal year 2019. Revenue decreased 8% compared to the prior year. Expenses of $204K exceeded revenue, resulting in a 11% operating deficit.

Mission

AN ORGANIZATION PROVIDING FOOD, CLOTHING AND HELP WITH UTILITIES AND OTHER IMMEDIATE NEEDS FOR THOSE WHO HAVE LOST JOBS OR HAD OTHER MISFORTUNES IN THE JEFFERSON AND WALKER COUNTIES. THE ORGANIZATION ALSO PROVIDES SPIRITUAL NEEDS IN CONJUNCTION WITH PHYSICAL NEEDS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $150,423

Program Service Revenue $0

Investment Income $0

Other Revenue $26,516

TOTAL REVENUE $176,939

Expense Breakdown

Grants Paid $8,914

Salaries & Benefits $53,111

Fundraising Expenses $22,845

Program Expenses $155,432

Other Expenses $177,849

TOTAL EXPENSES $239,874

Year-over-Year Comparison

	2024	2023	Change
Revenue	$176,939	$213,739	-0.2%
Expenses	$239,874	$221,500	+0.1%
Net Income	$-62,935	$-7,761	+7.1%

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

480

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

$44,400

Total Directors

$44,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORI ABERCROMBIE	Executive Dir.	40.00	Officer Director	$44,400	$0	$44,400
SHAWN STINSON	President	5.00	Director	$0	$0	$0
JUSTIN GURLEY	Vice President	5.00	Director	$0	$0	$0
SUE LETT	Treasurer	5.00	Officer 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	$176,939	$239,874	$795,494	$-62,935
2023	$213,739	$221,500	$858,440	$-7,761
2022	$213,414	$204,326	$866,114	$9,088
2021	$230,176	$206,824	$853,399	$23,352
2020	$357,082	$195,069	$830,004	$162,013
2019	$184,269	$203,803	$667,503	$-19,534

MISSION OF HOPE