PLACE OF HOPE INC (EIN 650841384) - 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

1998

Legal Domicile

Principal Officer

CHARLES L BENDER III

Phone

5617757195

Tax Period

2024-01-01 to 2024-12-31

PLACE OF HOPE INC, founded in 1998, is a mid-sized nonprofit in the Human Services sector that reported $20.6M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.8M, a strong 38% operating margin.

Mission

PLACE OF HOPE IS DEDICATED TO PROVIDING A STABLE AND LOVING FAMILY ENVIRONMENT FOR CHILDREN WHO ARE HURTING AND THEIR FAMILIES. WE ARE COMMITTED TO MEETING DESPERATE NEEDS IN OUR COMMUNITY BY SHARING GOD'S LOVE AND PLACING HOPE IN THEIR LIVES - ONE CHILD AND FAMILY AT A TIME.

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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 $18,676,711

Program Service Revenue $0

Investment Income $799,839

Other Revenue $1,093,940

TOTAL REVENUE $20,570,490

Expense Breakdown

Grants Paid $2,172,043

Salaries & Benefits $5,610,434

Fundraising Expenses $886,278

Program Expenses $10,995,526

Other Expenses $5,034,077

TOTAL EXPENSES $12,816,554

Year-over-Year Comparison

	2024	2023	Change
Revenue	$20,570,490	$15,864,213	+0.3%
Expenses	$12,816,554	$50,464,280	-0.7%
Net Income	$7,753,936	$-34,600,067	-1.2%

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

109

Volunteers

1000

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

$909,082

Total Directors

$460,828

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES L BENDER III	CEO	50.00	Officer Director	$216,323	$40,435	$460,828
SHANNON ANDERSON	COO	40.00	Officer	$224,284	$33,282	$257,566
SABRINA HOGUE	CFO	40.00	Officer	$160,056	$30,632	$190,688
GINA FAZIO	DIR. CLINICA	40.00	Highest	$134,364	$29,155	$163,519
ARIELLA PERONI	DIR HUMAN RE	40.00	Highest	$127,764	$31,750	$159,514
JOHN T CHRISTIANSEN	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH A KLOBA ED D	DIRECTOR	1.00	Director	$0	$0	$0
LEIGHAN RINKER ED D	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA D'EMIC	DIRECTOR	1.00	Director	$0	$0	$0
JOHN ERBY	DIRECTOR	1.00	Director	$0	$0	$0
TOM LANE	DIRECTOR	1.00	Director	$0	$0	$0
J TODD MULLINS D MIN	DIRECTOR	1.00	Director	$0	$0	$0
JEANNINE MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
DONNA MULLINS	DIRECTOR	1.00	Director	$0	$0	$0
RONALD NOCERA	CHAIRMAN	1.00	Officer Director	$0	$0	$0
THOMAS D MULLINS PHD	DIRECTOR	1.00	Director	$0	$0	$0
ELLIS C MCKENZIE REV	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
2024	$20,570,490	$12,816,554	$41,856,273	$7,753,936
2023	$15,864,213	$27,402,984	$33,644,899	$-11,538,771
2022	$21,028,896	$7,856,598	$41,084,910	$13,172,298
2021	$11,864,178	$7,408,855	$29,938,385	$4,455,323
2020	$13,850,590	$7,165,010	$26,031,526	$6,685,580
2019	$13,176,214	$7,902,921	$28,352,793	$5,273,293
2018	$9,101,867	$6,892,580	$21,940,538	$2,209,287

PLACE OF HOPE INC