THE HOPE CENTER INC (EIN 721472498) - 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

2001

Legal Domicile

Principal Officer

WILBERT R WALKER

Phone

5043634034

Tax Period

2024-01-01 to 2024-12-31

THE HOPE CENTER INC, founded in 2001, is a community nonprofit in the Human Services sector that reported $4.2M in total revenue in fiscal year 2024.

Mission

THE HOPE CENTER, INC. EMPOWERS IMPOVERISHED INDIVIDUALS FROM THE GREATER NEW ORLEANS METROPOLITAN AREA TO BECOME ECONOMICALLY STABLE THROUGH SPECIALIZED TECHNICAL TRAINING, EDUCATION INITIATIVES, AND EMPLOYMENT.

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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 $4,158,942

Program Service Revenue $0

Investment Income $15

Other Revenue $0

TOTAL REVENUE $4,158,957

Expense Breakdown

Grants Paid $1,219,791

Salaries & Benefits $2,303,436

Fundraising Expenses $0

Program Expenses $3,919,125

Other Expenses $575,719

TOTAL EXPENSES $4,098,946

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,158,957	$3,991,997	+0.0%
Expenses	$4,098,946	$4,054,092	+0.0%
Net Income	$60,011	$-62,095	-2.0%

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

$494,923

Total Directors

$138,145

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYL MAGEE	EXECUTIVE DI	40.00	Officer	$187,483	$0	$187,483
SHAWN BAX	DEPUTY DIREC	40.00	Officer	$169,295	$0	$169,295
CHANTAL WALKER	FISCAL MANAG	40.00	Highest	$101,545	$0	$101,545
WILBERT R WALKER	PRESIDENT/DI	10.00	Officer Director	$84,350	$0	$84,350
LAURENCE PERRY	TREASURER/DI	10.00	Officer Director	$53,795	$0	$53,795
ROBERT ARTIES	DIRECTOR	1.00	Director	$0	$0	$0
CLARA BYES	DIRECTOR	1.00	Director	$0	$0	$0
DAVID WALKER	VICE PRES/DI	1.00	Officer 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	$4,158,957	$4,098,946	$462,976	$60,011
2023	$3,991,997	$4,054,092	$543,164	$-62,095
2022	$4,226,003	$4,044,269	$628,545	$181,734
2021	$3,475,475	$3,444,003	$502,402	$31,472
2020	$3,141,262	$3,084,677	$524,041	$56,585
2019	$1,813,498	$1,700,153	$220,549	$113,345
2018	$1,525,445	$1,701,995	$100,165	$-176,550

THE HOPE CENTER INC