HOPE HARBOR INC (EIN 730623050) - 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

1947

Legal Domicile

Phone

9183430003

Tax Period

2023-01-01 to 2023-12-31

HOPE HARBOR INC, founded in 1947, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 6% surplus.

Mission

Hope Harbor offers an immersive family reconciliation program designed to give your family the tools and support you need to navigate the storm, so you can enjoy peace and hope in your home. Hope Harbor serves adolescents and their families in our comprehensive residential program which is built on a foundation of faith and excellence.

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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 $1,037,993

Program Service Revenue $76,588

Investment Income $19,948

Other Revenue $120,049

TOTAL REVENUE $1,254,578

Expense Breakdown

Grants Paid $0

Salaries & Benefits $711,838

Fundraising Expenses $128,692

Program Expenses $794,453

Other Expenses $463,138

TOTAL EXPENSES $1,174,976

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,254,578	$822,916	+0.5%
Expenses	$1,174,976	$1,055,160	+0.1%
Net Income	$79,602	$-232,244	-1.3%

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

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
Bobby Morrow	Member	2.00	Director	$0	$0	$0
Kelly Quinn	Vice President	2.00	Director	$0	$0	$0
Tim Luster	Member	2.00	Director	$0	$0	$0
Ron Pitts	Secretary	2.00	Director	$0	$0	$0
Keith Stumpff	Member	2.00	Director	$0	$0	$0
Lawson Vaughn	Member	2.00	Director	$0	$0	$0
Shawn Minor	Member	2.00	Director	$0	$0	$0
Keith Hall	President	2.00	Director	$0	$0	$0
Mitchell O'Donnell	Executive Director	40.00		$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	No data	No data	No data	No data
2023	$1,254,578	$1,174,976	$3,270,919	$79,602
2022	$822,916	$1,055,160	$3,186,391	$-232,244
2021	$1,227,329	$1,094,393	$3,435,490	$132,936
2020	$1,374,044	$1,299,050	$3,297,325	$74,994
2019	$1,673,641	$1,439,514	$3,226,463	$234,127
2018	$1,277,445	$1,395,454	$3,033,553	$-118,009

HOPE HARBOR INC