MOMENTS OF HOPE OUTREACH 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

2016

Legal Domicile

Principal Officer

NELSON PARKER

Phone

8049139151

Tax Period

2024-01-01 to 2024-12-31

MOMENTS OF HOPE OUTREACH INC, founded in 2016, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum.

Mission

WE ARE A NON-PROFIT ORGANIZATION THAT GIVES HOPE TO UNSHELTERED HOMELESS AND POVERTY-STRICKEN PEOPLE IN THE RICHMOND AREA (AND TRANSIENTS PASSING THROUGH) BY PROVIDING THEM WITH LIFE-SUSTAINING SUPPLIES AND CONNECTING THEM WITH LOCAL, STATE AND FEDERAL HEALTH AND HOUSING RESOURCES.

Program Service Accomplishments

Program 1

Expenses: $2,964,300

PROVIDED HOMELESS, UNSHELTERED AND POVERTY STRICKEN PEOPLE IN THE GREATER RICHMOND, VIRGINIA AREA WITH FOOD, TEMPORARY SHELTER, CLOTHING AND OTHER LIFE-SUSTAINING SUPPLIES. CONNECTED THESE...

PROVIDED HOMELESS, UNSHELTERED AND POVERTY STRICKEN PEOPLE IN THE GREATER RICHMOND, VIRGINIA AREA WITH FOOD, TEMPORARY SHELTER, CLOTHING AND OTHER LIFE-SUSTAINING SUPPLIES. CONNECTED THESE INDIVIDUALS WITH LOCAL, STATE AND FEDERAL HEALTH AND HOUSING RESOURCES. THE ORGANIZATION IS GRATEFUL TO ITS VOLUNTEERS FOR PROVIDING LABOR WITH THE COLLECTION AND DISTRIBUTION OF FOOD AND SUPPLIES. ADDITIONAL INFORMATION CONTINUED ON SCHEDULE O.

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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 $2,942,197

Program Service Revenue $0

Investment Income $3,062

Other Revenue $0

TOTAL REVENUE $2,945,259

Expense Breakdown

Grants Paid $2,651,490

Salaries & Benefits $218,387

Fundraising Expenses $17,437

Program Expenses $2,964,300

Other Expenses $213,833

TOTAL EXPENSES $3,083,710

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,945,259	$2,229,835	+0.3%
Expenses	$3,083,710	$2,060,741	+0.5%
Net Income	$-138,451	$169,094	-1.8%

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

Volunteers

816

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

$28,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHUCK STIFF	CHAIRMAN	4.00	Officer Director	$0	$0	$0
DWIGHT CARLISLE	VICE CHAIR	4.00	Director	$0	$0	$0
TOBIE STANLEY	TREASURER	4.00	Officer Director	$0	$0	$0
DAVID COLLINS	SECRETARY	4.00	Officer Director	$0	$0	$0
DAVID ANDERSON	MEMBER-AT-LA	2.00	Director	$0	$0	$0
SHARI ANDERSON	MEMBER-AT-LA	2.00	Director	$0	$0	$0
NELSON PARKER	CEO	16.00	Officer	$28,750	$0	$28,750
LONNIE WYNN	CHIEF ACCOUN	4.00	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
2025	No data	No data	No data	No data
2024	$2,945,259	$3,083,710	$764,039	$-138,451
2023	$2,229,835	$2,060,741	$898,094	$169,094
2022	$2,126,416	$2,120,961	$714,742	$5,455
2021	$1,219,131	$1,101,593	$711,123	$117,538
2020	$2,396,047	$1,981,120	$591,002	$414,927
2019	$465,667	$419,279	$137,164	$46,388