PRIDE AND HOPE MINISTRY (EIN 721481855) - 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

MYRA MAGEE

Phone

9859862808

Tax Period

2024-01-01 to 2024-12-31

PRIDE AND HOPE MINISTRY, founded in 2001, is a community nonprofit in the Youth Development sector that reported $4.2M in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $4.0M left a modest 5% surplus.

Mission

To provide vocational educational and recreational services to atrisk individuals and families disadvantaged children and adults

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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 $1,387

Program Service Revenue $4,217,523

Investment Income $0

Other Revenue $1,950

TOTAL REVENUE $4,220,860

Expense Breakdown

Grants Paid $40,200

Salaries & Benefits $3,032,785

Fundraising Expenses $0

Program Expenses $47,900

Other Expenses $933,164

TOTAL EXPENSES $4,006,149

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,220,860	$6,388,064	-0.3%
Expenses	$4,006,149	$5,533,419	-0.3%
Net Income	$214,711	$854,645	-0.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MYRA MAGEE	EXECUTIVE DIRECTOR	40.00	Director	$0	$0	$0
BEVERLY KELLY	OFFICER	40.00	Director	$0	$0	$0
DOUGLAS JONES	OFFICER	40.00	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	$4,220,860	$4,006,149	$1,475,378	$214,711
2023	$6,388,064	$5,533,419	$1,141,192	$854,645
2022	$3,914,319	$3,016,352	$528,757	$897,967
2021	$2,882,214	$2,774,951	$325,684	$107,263
2020	$2,291,296	$2,009,066	$1,935,274	$282,230
2019	$2,146,245	$2,067,759	$1,653,044	$78,486
2018	$1,826,680	$1,771,041	$1,574,558	$55,639

PRIDE AND HOPE MINISTRY