Mission Hope Ministries

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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

1999

Legal Domicile

Principal Officer

Pearl Chiu

Phone

7138585359

Tax Period

2023-01-01 to 2023-12-31

Mission Hope Ministries, founded in 1999, is a micro nonprofit in the Religion sector that reported $75K in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $21K, a strong 28% operating margin.

Mission

MISSION HOPE MINISTRIES HAS BEEN FORMED TO SPREAD THE GOSPEL OF JESUS CHRIST THROUGH THE SUPPORT OF PROGRAMS AIDING AND ASSISTING MEN, WOMEN AND CHILDREN IN UNDERDEVELOPED COUNTRIES.

Program Service Accomplishments

Program 1

Expenses: $53,320 Revenue: $25,841

MISSION HOPE MINISTRIES HAS BEEN FORMED TO SPREAD THE GOSPEL OF JESUS CHRIST THROUGH THE SUPPORT OF PROGRAMS AIDING AND ASSISTING MEN, WOMEN AND CHILDREN IN UNDERDEVELOPED COUNTRIES WHO ARE AT A...

MISSION HOPE MINISTRIES HAS BEEN FORMED TO SPREAD THE GOSPEL OF JESUS CHRIST THROUGH THE SUPPORT OF PROGRAMS AIDING AND ASSISTING MEN, WOMEN AND CHILDREN IN UNDERDEVELOPED COUNTRIES WHO ARE AT A GREATER DISADVANTAGE THAN THE GENERAL POPULATION DUE TO VARIOUS CIRCUMSTANCES INCLUDING BUT NOT LIMITED TO INCARCERATION, SINGLE PARENT HOMES AND/OR ORPHANS. MISSION HOPE MINISTRIES BELIEVES THE GOSPEL IS BEST DISSEMINATED WHEN IT IS DONE IN CONJUNCTION WITH MEETING THE NEEDS OF UNDERPRIVILEGED INDIVIDUALS.

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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 $25,841

Program Service Revenue $0

Investment Income $48,959

Other Revenue $0

TOTAL REVENUE $74,800

Expense Breakdown

Grants Paid $53,320

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $53,320

Other Expenses $725

TOTAL EXPENSES $54,045

Year-over-Year Comparison

	2023	2022	Change
Revenue	$74,800	$47,417	+0.6%
Expenses	$54,045	$54,780	0.0%
Net Income	$20,755	$-7,363	-3.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pearl Chiu	PRESIDENT/Chair of Bd	5.00	Officer Director	$0	$0	$0
Richard Saekow	VP/CO-CHAIR OF BOARD	5.00	Officer Director	$0	$0	$0
Serene Storslett	Secty/Treas/Trustee	5.00	Officer Director	$0	$0	$0
Andrew Fong	Trustee	5.00	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
2024	No data	No data	No data	No data
2023	$74,800	$54,045	$781,770	$20,755
2022	$47,417	$54,780	$701,429	$-7,363
2021	$80,871	$82,037	$820,503	$-1,166
2020	$58,335	$23,490	$754,504	$34,845