NEWHOPE SPECIALIZED INDUSTRIES INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

LINDA PRATT

Phone

5012685448

Tax Period

2024-07-01 to 2025-06-30

NEWHOPE SPECIALIZED INDUSTRIES INC, founded in 1970, is a small nonprofit that reported $856K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $953K exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVIDING ADULT DEVELOPMENT DAY TREATMENT CENTER SERVICES, EMPHASIZNG THE DEVELOPMENT AND IMPLEMENTATION OF INDIVIDUALIZED STRATEGIES DESIGNED TO ENABLE ADULTS WITH DEVELOPMENTAL DISABILITIES TOTAL ACCESS TO COMMUNITY LIFE.

Program Service Accomplishments

Program 1

Expenses: $829,033 Revenue: $795,013

HABILITATIVE JOB TRAINING FOR ADULTS WITH DEVELOPMENTAL DISABILITIES.

Program 2

N/A

Program 3

N/A

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $61,019

Program Service Revenue $675,611

Investment Income $40,849

Other Revenue $78,553

TOTAL REVENUE $856,032

Expense Breakdown

Grants Paid $0

Salaries & Benefits $677,928

Fundraising Expenses $44,291

Program Expenses $829,033

Other Expenses $274,926

TOTAL EXPENSES $952,854

Year-over-Year Comparison

	2024	2023	Change
Revenue	$856,032	$914,182	-0.1%
Expenses	$952,854	$917,969	+0.0%
Net Income	$-96,822	$-3,787	+24.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$77,056

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY SHOWALTER	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN MCKNIGHT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARTHA PATTON	SECRETARY	1.00	Officer Director	$0	$0	$0
TRE'LON HUNTER	MEMBER	1.00	Director	$0	$0	$0
CHRIS BRYANT	MEMBER	1.00	Director	$0	$0	$0
SAM JOHNSON	MEMBER	1.00	Director	$0	$0	$0
BILL PATTON	MEMBER	1.00	Director	$0	$0	$0
ROY SHOWALTER	MEMBER	1.00	Director	$0	$0	$0
CATHY LILES	MEMBER	1.00	Director	$0	$0	$0
RIKKI RAPER	MEMBER	1.00	Director	$0	$0	$0
JERRY CREAMEANS	MEMBER	1.00	Director	$0	$0	$0
LINDA PRATT	EXECUTIVE DIRECTOR	40.00	Officer	$77,056	$0	$77,056

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	$856,032	$952,854	$2,239,260	$-96,822
2024	$914,182	$917,969	$2,333,419	$-3,787
2023	$832,035	$852,932	$2,336,990	$-20,897
2022	$921,729	$911,390	$2,359,152	$10,339
2021	$865,716	$878,109	$2,403,671	$-12,393
2020	$770,635	$903,050	$2,403,676	$-132,415
2019	$813,323	$918,161	$2,414,423	$-104,838