HOPE OUTREACH CENTER INC (EIN 650590679) - 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

1995

Legal Domicile

Principal Officer

TERRY SALZMAN

Phone

9543210909

Tax Period

2023-07-01 to 2024-06-30

HOPE OUTREACH CENTER INC, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $276K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $395K exceeded revenue, resulting in a 43% operating deficit.

Mission

FROM JULY 2023 THROUGH JUNE 2024, MORE THAN 1,890 ADULTS/CHILDREN/SENIORS LIVING IN SOUTHWEST BROWARD COMMUNITIES RECEIVED ASSISTANCE FROM HOPE OUTREACH CENTER'S SERVICES.

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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 $264,988

Program Service Revenue $0

Investment Income $11,297

Other Revenue $0

TOTAL REVENUE $276,285

Expense Breakdown

Grants Paid $0

Salaries & Benefits $202,237

Fundraising Expenses $27,033

Program Expenses $270,387

Other Expenses $192,902

TOTAL EXPENSES $395,139

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,285	$253,532	+0.1%
Expenses	$395,139	$453,977	-0.1%
Net Income	$-118,854	$-200,445	-0.4%

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

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

$65,762

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY SALZMAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
THOMAS VINCIGUERRA JR	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
DEBORAH GALLOWAY	TREASURER	1.00	Officer Director	$0	$0	$0
JONNINE MOREJON	DIRECTOR	1.00	Director	$0	$0	$0
MIKE RUCKDESCHEL	DIRECTOR	1.00	Director	$0	$0	$0
REV STEVE O'HALA	DIRECTOR	1.00	Director	$0	$0	$0
FRANK NARDOZZA	DIRECTOR	1.00	Director	$0	$0	$0
STEVE KURAS	EXECUTIVE DI	40.00	Officer	$60,500	$5,262	$65,762

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	No data	No data	No data	No data
2024	$276,285	$395,139	$387,021	$-118,854
2023	$253,532	$453,977	$488,061	$-200,445
2022	$354,513	$415,243	$670,730	$-60,730
2021	$556,482	$377,829	$785,270	$178,653
2020	$657,154	$489,873	$597,909	$167,281
2019	$525,228	$484,673	$429,405	$40,555

HOPE OUTREACH CENTER INC