HOPE COTTAGE INC (EIN 750800652) - 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

1922

Legal Domicile

Principal Officer

STEPHANIE BOHAN

Phone

2145268721

Tax Period

2024-01-01 to 2024-12-31

HOPE COTTAGE INC, founded in 1922, is a community nonprofit in the Human Services sector that reported $2.8M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $2.5M left a modest 12% surplus.

Mission

Our mission is to transform lives with the love of family through adoption, foster care, parenting support and education. We provide wraparound social services tailored to the needs of at-risk children, families, and women in our community.

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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 $1,464,380

Program Service Revenue $1,073,803

Investment Income $175,540

Other Revenue $85,034

TOTAL REVENUE $2,798,757

Expense Breakdown

Grants Paid $268,486

Salaries & Benefits $1,469,230

Fundraising Expenses $283,051

Program Expenses $1,889,850

Other Expenses $728,900

TOTAL EXPENSES $2,466,616

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,798,757	$3,477,323	-0.2%
Expenses	$2,466,616	$1,966,034	+0.3%
Net Income	$332,141	$1,511,289	-0.8%

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

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

$282,736

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE BOHAN	CEO	40.00	Officer	$170,280	$0	$170,280
GRETCHEN WEAVER	COO	40.00	Officer	$85,852	$0	$85,852
JUDY ALLEN	CFO	40.00	Officer	$26,604	$0	$26,604
ANDREA CARTER	Director	1.00	Director	$0	$0	$0
ANDREW P LEGRAND	Treasurer	1.00	Director	$0	$0	$0
EMILY FLOYD	Director	1.00	Director	$0	$0	$0
BROOKE RUSSO	Director	1.00	Director	$0	$0	$0
CHRISTOPHER SEIL	Director	1.00	Director	$0	$0	$0
JOHN DICKEY	Director	1.00	Director	$0	$0	$0
WILLIAM BARNARD	Treasurer	1.00	Director	$0	$0	$0
TIFFANY GORDON	Director	1.00	Director	$0	$0	$0
MERENE MAKIL	Director	1.00	Director	$0	$0	$0
HEATHER KAHLFELDT	Director	1.00	Director	$0	$0	$0
MARK MULLANEY	Director	1.00	Director	$0	$0	$0
SARAH QUINTANAR	Director	1.00	Director	$0	$0	$0
ALLYSON VAN BLARCUM	Director	1.00	Officer	$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	$2,798,757	$2,466,616	$11,126,140	$332,141
2023	$3,477,323	$1,966,034	$10,497,379	$1,511,289
2022	$1,632,610	$1,826,010	$8,528,161	$-193,400
2021	$1,826,021	$2,049,586	$9,768,014	$-223,565
2020	$2,084,258	$2,016,632	$9,628,127	$67,626
2019	$1,555,267	$2,005,855	$9,136,565	$-450,588
2018	$2,021,033	$2,166,025	$8,579,083	$-144,992

HOPE COTTAGE INC