HOPE IGNITES NEW ORLEANS (EIN 720905785) - 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

1977

Legal Domicile

Principal Officer

Kim Rugon

Phone

5044847744

Tax Period

2024-07-01 to 2025-06-30

HOPE IGNITES NEW ORLEANS, founded in 1977, is a small nonprofit that reported $986K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $1.3M exceeded revenue, resulting in a 30% operating deficit.

Mission

The program provides housing and educational assistance for abandoned, abused, and neglected youths in a family environment that allows them to mature and succeed.

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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 $785,308

Program Service Revenue $76,520

Investment Income $123,764

Other Revenue $0

TOTAL REVENUE $985,592

Expense Breakdown

Grants Paid $0

Salaries & Benefits $758,242

Fundraising Expenses $153,074

Program Expenses $995,059

Other Expenses $520,727

TOTAL EXPENSES $1,278,969

Year-over-Year Comparison

	2024	2023	Change
Revenue	$985,592	$741,284	+0.3%
Expenses	$1,278,969	$1,079,876	+0.2%
Net Income	$-293,377	$-338,592	-0.1%

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

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
Anthony Williams	Director	1	Director	$0	$0	$0
Ashley Solomon	Secretary	1	Director	$0	$0	$0
Brittany Whitsell	Director	1	Director	$0	$0	$0
Brandon Long	Director	1	Director	$0	$0	$0
Charles Rice	Director	1	Director	$0	$0	$0
Gerald Duhon	Director	1	Director	$0	$0	$0
John Duplantier	Director	1	Director	$0	$0	$0
John Hummel	Director	1	Director	$0	$0	$0
Jessica Dwyer	Director	1	Director	$0	$0	$0
Jiarra Rayford	Director	1	Director	$0	$0	$0
Kevin Avin	Director	1	Director	$0	$0	$0
Leigh Thorpe	Director	1	Director	$0	$0	$0
Monique Christophe McConduit	Director	1	Director	$0	$0	$0
Roy Glapion	Director	1	Director	$0	$0	$0
Richard Flick	Director	1	Director	$0	$0	$0
Stanton Murray	Director	1	Director	$0	$0	$0
Stephen Hanemann	Director	1	Director	$0	$0	$0
Timothy Cragin	Director	1	Director	$0	$0	$0
Christopher Kenny	Chair	1	Director	$0	$0	$0
Jason Maurin	Vice Chair	1	Director	$0	$0	$0
Shelley Mayer	Treasurer	1	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
2025	$985,592	$1,278,969	$2,186,145	$-293,377
2024	$741,284	$1,079,876	$2,278,378	$-338,592
2023	$874,275	$979,742	$2,438,374	$-105,467
2022	$883,101	$871,277	$2,458,611	$11,824
2021	$779,012	$905,788	$2,737,611	$-126,776

HOPE IGNITES NEW ORLEANS