INHERITANCE OF HOPE INC (EIN 753243566) - 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

2007

Legal Domicile

Principal Officer

AARON HEDGES

Phone

9142138435

Tax Period

2024-10-01 to 2025-09-30

INHERITANCE OF HOPE INC, founded in 2007, is a community nonprofit in the Mental Health sector that reported $2.2M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

INSPIRE HOPE IN YOUNG FAMILIES FACING THE LOSS OF A PARENT.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,234,804

Program Service Revenue $870,854

Investment Income $97,490

Other Revenue $0

TOTAL REVENUE $2,203,148

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,208,377

Fundraising Expenses $91,735

Program Expenses $1,830,468

Other Expenses $1,040,446

TOTAL EXPENSES $2,248,823

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,203,148	$2,365,273	-0.1%
Expenses	$2,248,823	$2,081,423	+0.1%
Net Income	$-45,675	$283,850	-1.2%

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

Volunteers

809

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

$120,705

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DERIC MILLIGAN	CHAIRMAN	2.00	Officer Director	$0	$0	$0
TONY REID	TREASURER	2.00	Officer Director	$0	$0	$0
OP COOPER	SECRETARY	2.00	Officer Director	$0	$0	$0
DAN BARCUS	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD BIRNEY	DIRECTOR	2.00	Director	$0	$0	$0
KIM BOHANNON	DIRECTOR	2.00	Director	$0	$0	$0
ERIC DEWEY	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL DIX	DIRECTOR	2.00	Director	$0	$0	$0
MARK SHAW	DIRECTOR	2.00	Director	$0	$0	$0
AARON HEDGES	CHIEF EXECUTIVE OFFICER	40.00	Officer	$117,189	$3,516	$120,705

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	$2,203,148	$2,248,823	$2,674,644	$-45,675
2024	$2,365,273	$2,081,423	$2,745,238	$283,850
2023	$1,958,642	$2,105,793	$2,142,137	$-147,151
2022	$2,184,244	$2,170,820	$2,465,824	$13,424
2021	$1,774,285	$1,413,541	$2,573,315	$360,744
2020	$2,142,288	$1,386,301	$2,012,479	$755,987
2018	$1,148,912	$1,326,114	$1,559,873	$-177,202

INHERITANCE OF HOPE INC