THERE IS HOPE INC (EIN 721548925) - 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

2003

Legal Domicile

Phone

9099825050

Tax Period

2023-01-01 to 2023-12-31

THERE IS HOPE INC, founded in 2003, is a community nonprofit in the Human Services sector that reported $4.6M in total revenue in fiscal year 2023. Revenue surged 130% from the prior year, signaling strong growth momentum.

Mission

OUR FAMILY AGENCY PLACES CHILDREN OF VARIOUS AGES IN FOSTER HOMES. WE PROVIDE EDUCATIONAL PUBLICATIONS, BROCHURES, ETC. IN ADDITION , WE PROVIDE INSTRUCTION, DIRECTION AND MONITORING TO THE FOSTER PARENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $255

Program Service Revenue $4,565,884

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,566,139

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,748,490

Fundraising Expenses $0

Program Expenses $4,619,832

Other Expenses $1,965,189

TOTAL EXPENSES $4,713,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,566,139	$1,983,205	+1.3%
Expenses	$4,713,679	$1,780,486	+1.6%
Net Income	$-147,540	$202,719	-1.7%

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

N/A

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

Total Directors

$293,833

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAYSOUN FAKHOURY	Pres, Sec, Trea	50.00	Director	$168,000	$0	$168,000
HANIEH FAKHOURY	ADMINISTRATOR	50.00	Director	$125,833	$0	$125,833

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	No data	No data	No data	No data
2023	$4,566,139	$4,713,679	$835,948	$-147,540
2022	$1,983,205	$1,780,486	$808,243	$202,719
2021	$1,142,250	$1,097,263	$243,949	$44,987
2020	$951,162	$1,053,485	$89,983	$-102,323
2019	$1,041,589	$1,025,725	$90,500	$15,864
2018	$1,060,625	$1,043,525	$118,176	$17,100

THERE IS HOPE INC