HOPE MILL INC

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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

2009

Legal Domicile

Principal Officer

PEARL HUBER

Phone

8184354755

Tax Period

2020-01-01 to 2020-12-31

HOPE MILL INC, founded in 2009, is a micro nonprofit that reported $6K in total revenue in fiscal year 2020. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $141K exceeded revenue, resulting in a 2356% operating deficit.

Mission

Prepare and distribute CarePacks for the homeless

Program Service Accomplishments

Program 1

Expenses: $141,332 Revenue: $5,755

In 2020,the pandemic had a tremendous effect on Hope Mill's operation. The organization, through its volunteers, was not able to assemble CarePack or distribute them. However, Hope Mill was able to provide 9 qualified non-profit organizations and agencies with clothing, hygiene items, non perishable food, blankets, tarps and backpack for distribution to those in need. Other program distributions included tents, tables shelving to assist those ageneices to serve the underserved.

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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 (2020)

Revenue Breakdown

Contributions & Grants $5,755

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,755

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $141,332

Other Expenses $141,332

TOTAL EXPENSES $141,332

Year-over-Year Comparison

	2020	2019	Change
Revenue	$5,755	$189,043	-1.0%
Expenses	$141,332	$196,012	-0.3%
Net Income	$-135,577	$-6,969	+18.5%

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 HUBER	EXECUTIVE DIRECTOR	48.00	Officer Director	$0	$0	$0
TERRANCE HUBER	TREASURER	20.00	Officer Director	$0	$0	$0
NICK HUBER	SECRETARY	30.00	Officer Director	$0	$0	$0
Kathryn Schawrtz	BOARD MEMBER	3.00	Director	$0	$0	$0
RUTH DEVINE	BOARD MEMBER	3.00	Director	$0	$0	$0
DOROTHY MEANS	BOARD MEMBER	3.00	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
2020	$5,755	$141,332	$2,079	$-135,577
2019	$189,043	$196,012	$137,656	$-6,969
2018	$377,003	$360,530	$145,611	$16,473