NEW HOPE ACADEMY OF FORT WORTH (EIN 800943881) - 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

2014

Legal Domicile

Phone

8173683226

Tax Period

2024-01-01 to 2024-12-31

NEW HOPE ACADEMY OF FORT WORTH, founded in 2014, is a micro nonprofit in the Education sector that reported $85K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $54K, a strong 64% operating margin.

Mission

EMPLOYING AT LEAST ONE DISABLED PERSON IN FULL-TIME CAPACITY.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $85,284

TOTAL REVENUE $85,284

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,130

Fundraising Expenses $0

Program Expenses $30,483

Other Expenses $21,828

TOTAL EXPENSES $30,958

Year-over-Year Comparison

	2024	2023	Change
Revenue	$85,284	$139,763	-0.4%
Expenses	$30,958	$155,174	-0.8%
Net Income	$54,326	$-15,411	-4.5%

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

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
KEVIN KIRKPATRICK	PRESIDENT	1.00	Officer	$0	$0	$0
JIM BANE	VICE PRESIDENT	2.00	Officer	$0	$0	$0
CAROL BANE	SECRETARY	2.00	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	$85,284	$30,958	$138,095	$54,326
2023	$139,763	$155,174	$41,008	$-15,411
2022	$227,890	$253,852	$50,419	$-25,962
2021	$259,477	$216,976	$76,405	$42,501

NEW HOPE ACADEMY OF FORT WORTH