Voice of Hope Ministries Inc (EIN 751850380) - 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

1982

Legal Domicile

Principal Officer

Tracy Taylor

Tax Period

2023-01-01 to 2023-12-31

Voice of Hope Ministries Inc, founded in 1982, is a community nonprofit in the Religion sector that reported $1.0M in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 33% operating deficit.

Mission

To provide youth of West Dallas with the skils, Christian values, work ethic and resources to overcome poverty. To provide services to adults in West Dallas that enables the community to develop.

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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 $905,175

Program Service Revenue $132,512

Investment Income $3,080

Other Revenue $1,000

TOTAL REVENUE $1,041,767

Expense Breakdown

Grants Paid $0

Salaries & Benefits $831,848

Fundraising Expenses $202,678

Program Expenses $1,070,296

Other Expenses $549,820

TOTAL EXPENSES $1,381,668

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,041,767	$1,573,323	-0.3%
Expenses	$1,381,668	$1,560,126	-0.1%
Net Income	$-339,901	$13,197	-26.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Vanderhill	Board Member	2.00	Director	$0	$0	$0
Dr Wendelin Donahue	Board Member	2.00	Director	$0	$0	$0
Randall Wilkins	Chairman	2.00	Director	$0	$0	$0
Debbie Dunlap	Board Member	2.00	Director	$0	$0	$0
Wanda Nimer	Board Member	2.00	Director	$0	$0	$0
Norman Henry	Board Member	2.00	Director	$0	$0	$0
Matt Mildren	Board Member	2.00	Director	$0	$0	$0
Tracy Taylor	Board Member	2.00	Officer Director	$0	$0	$0
Stephanie Vitiello	Secretary	2.00	Officer Director	$0	$0	$0
Bruce Billings	Treasurer	2.00	Officer Director	$0	$0	$0
Edward Franklin	PresidentCEO	40.00	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	No data	No data	No data	No data
2023	$1,041,767	$1,381,668	$1,177,949	$-339,901
2022	$1,573,323	$1,560,126	$1,569,393	$13,197
2021	$1,520,891	$1,601,039	$1,508,724	$-80,148
2020	$1,453,726	$1,056,082	$1,574,717	$397,644
2019	$1,657,956	$1,537,551	$1,195,388	$120,405
2018	$1,219,510	$1,391,934	$1,104,156	$-172,424

Voice of Hope Ministries Inc