SCHOOL OF NEW HOPE INC

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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

1975

Legal Domicile

Phone

8704496131

Tax Period

2024-07-01 to 2025-06-30

SCHOOL OF NEW HOPE INC, founded in 1975, is a small nonprofit in the Education sector that reported $306K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $352K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROVIDE TRAINING AND EDUCATION TO THE DEVELOPMENTALLY DISABLED

Program Service Accomplishments

Program 1

Expenses: $219,456 Revenue: $306,202

THE PROGRAM PROVIDES ADULT DEVELOPMENT AND TRAINING FOR DEVELOPMENTALLY DISABLED PERSONS INCLUDING TRANSPORTATION TO AND FROM THE CENTER AND PHYSICIANS.

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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 $305,556

Program Service Revenue $0

Investment Income $646

Other Revenue $0

TOTAL REVENUE $306,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $188,073

Fundraising Expenses $0

Program Expenses $219,456

Other Expenses $163,813

TOTAL EXPENSES $351,886

Year-over-Year Comparison

	2024	2023	Change
Revenue	$306,202	$365,153	-0.2%
Expenses	$351,886	$360,256	0.0%
Net Income	$-45,684	$4,897	-10.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE LEWIS	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN CRESPINO	BOARD MEMBER	1.00	Director	$0	$0	$0
VICKIE STOKES	BOARD MEMBER	1.00	Director	$0	$0	$0
SANDY DAVENPORT	BOARD MEMBER	1.00	Director	$0	$0	$0
CHERYL BLASDEL	SECRETARY	2.00	Director	$0	$0	$0
MARCUS WALSER	PRESIDENT	2.00	Director	$0	$0	$0
TAMMY DEARMORE	EXECUTIVE DIRECTOR	40.00	Key Emp	$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	$306,202	$351,886	$114,972	$-45,684
2024	$365,153	$360,256	$163,718	$4,897
2023	$317,510	$342,504	$159,073	$-24,994
2022	$288,300	$283,504	$185,888	$4,796
2021	$186,736	$277,067	$185,406	$-90,331
2020	$164,160	$256,869	$168,432	$-92,709
2019	$239,196	$284,675	$223,182	$-45,479