HOPE OUTREACH INC (EIN 731387403) - 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

1991

Legal Domicile

Principal Officer

MATTHEW LOHMAN

Phone

5802372292

Tax Period

2023-01-01 to 2023-12-31

HOPE OUTREACH INC, founded in 1991, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $1.3M exceeded revenue, resulting in a 21% operating deficit.

Mission

THE PURPOSE OF EMPOWERING PEOPLE TOWARD RESPONSIBLE LIVING.

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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 $1,031,733

Program Service Revenue $37,234

Investment Income $3,873

Other Revenue $32,604

TOTAL REVENUE $1,105,444

Expense Breakdown

Grants Paid $0

Salaries & Benefits $679,036

Fundraising Expenses $0

Program Expenses $1,118,459

Other Expenses $657,482

TOTAL EXPENSES $1,336,518

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,105,444	$1,368,741	-0.2%
Expenses	$1,336,518	$1,067,086	+0.3%
Net Income	$-231,074	$301,655	-1.8%

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

$87,817

Total Directors

$87,817

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GHENT HOPKINS	BOARD CHAIRM	N/A	Officer Director	$0	$0	$0
MATT LAROSH	VICE-CHAIR	N/A	Officer Director	$0	$0	$0
MICHELLE RATZLAFF	TREASURER	N/A	Officer Director	$0	$0	$0
ASHER GRIFFIN	SECRETARY	N/A	Officer Director	$0	$0	$0
CHRIS ARNOLD	DIRECTOR	N/A	Director	$0	$0	$0
JOE HIGHBERGER	DIRECTOR	N/A	Director	$0	$0	$0
NICHOLAS JACKSON	DIRECTOR	N/A	Director	$0	$0	$0
ANGIE MORRIS	DIRECTOR	N/A	Director	$0	$0	$0
ROBERT VILLONES	DIRECTOR	N/A	Director	$0	$0	$0
JAMES CHURCH	DIRECTOR	N/A	Director	$0	$0	$0
AMANDA ARNDT	DIRECTOR	N/A	Director	$0	$0	$0
MATTHEW LOHMAN	EXEC. DIRECT	40.00	Officer Director	$87,817	$0	$87,817

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	$1,105,444	$1,336,518	$1,694,437	$-231,074
2022	$1,368,741	$1,067,086	$1,920,720	$301,655
2021	$1,314,513	$1,010,520	$1,614,746	$303,993
2020	$1,126,931	$1,005,443	$1,681,172	$121,488
2019	$1,023,682	$1,108,029	$1,633,662	$-84,347
2018	$1,104,689	$1,093,162	$1,738,255	$11,527

HOPE OUTREACH INC