THE HYPE FOUNDATION INC (EIN 800660756) - 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

2015

Legal Domicile

Principal Officer

DARNELL SIMMONS

Phone

2813458400

Tax Period

2024-01-01 to 2024-12-31

THE HYPE FOUNDATION INC, founded in 2015, is a community nonprofit in the Human Services sector that reported $4.8M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year.

Mission

THE ORGANIZATION IS AN APPROVED SPONSOR UNDER THE USDA CACFP CCC PROGRAM.

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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 $4,767,674

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,767,674

Expense Breakdown

Grants Paid $4,114,652

Salaries & Benefits $802,993

Fundraising Expenses $0

Program Expenses $4,995,341

Other Expenses $87,696

TOTAL EXPENSES $5,005,341

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,767,674	$5,772,517	-0.2%
Expenses	$5,005,341	$5,635,615	-0.1%
Net Income	$-237,667	$136,902	-2.7%

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

$99,850

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARNELL SIMMONS	EXEC DIR	40.00	Officer	$99,850	$0	$99,850
MARIE ANDREWS	DIRECTOR	0.00	Director	$0	$0	$0
JOHN RANDLE	DIRECTOR	0.00	Director	$0	$0	$0
JANICE WRIGHT	DIRECTOR	0.00	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	$4,767,674	$5,005,341	$432,350	$-237,667
2023	$5,772,517	$5,635,615	$1,295,550	$136,902
2022	$3,419,748	$3,386,283	$606,101	$33,465
2021	$2,569,155	$2,552,863	$324,457	$16,292
2020	$2,819,495	$2,820,105	$246,978	$-610
2019	$1,574,003	$1,558,779	$227,037	$15,224

THE HYPE FOUNDATION INC