SPENCER COMMUNITY OF HOPE INC (EIN 731303323) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

ERIC MUSE

Phone

9183332244

Tax Period

2025-01-01 to 2025-12-31

SPENCER COMMUNITY OF HOPE INC, founded in 1987, is a small nonprofit that reported $219K in total revenue in fiscal year 2025. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $273K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO LOW INCOME AND ELDERLY INDIVIUALS WHO ARE AT LEAST 62 YEARS OLD. THE FACILITY IS REGULATED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $201,516

Investment Income $722

Other Revenue $17,169

TOTAL REVENUE $219,407

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $254,520

Other Expenses $272,961

TOTAL EXPENSES $272,961

Year-over-Year Comparison

	2025	2024	Change
Revenue	$219,407	$154,675	+0.4%
Expenses	$272,961	$244,753	+0.1%
Net Income	$-53,554	$-90,078	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
ERIC MUSE	PRESIDENT	N/A	Officer Director	$0	$0	$0
GERALD LEWIS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
DESTINY WARRIOR	SECRETARY	1.00	Officer Director	$0	$0	$0
TAWANDA HAYES	TREASURER	1.00	Officer Director	$0	$0	$0
ADRIAN JENNINGS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY FARROW	BOARD MEMBER	1.00	Director	$0	$0	$0
JERRARD DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
LONZETTA DUKES	BOARD MEMBER	1.00	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
2025	$219,407	$272,961	$871,585	$-53,554
2024	$154,675	$244,753	$911,886	$-90,078
2023	$170,712	$220,437	$1,001,380	$-49,725
2022	$129,339	$255,320	$1,048,502	$-125,981
2021	$179,987	$188,269	$1,175,091	$-8,282
2020	$228,200	$201,901	$1,184,441	$26,299
2019	$202,900	$257,232	$1,152,831	$-54,332

SPENCER COMMUNITY OF HOPE INC