SELAHS CENTER OF HOPE INC

EIN: 812690701 501(c)(3) Human Services

MONROE, MI

Total Revenue
$241,834
Total Expenses
$164,309
Total Assets
$556,820
Net Assets
$417,254
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MI
Principal Officer
BONNIE STEWART
Phone
7342445123
Tax Period
2024-01-01 to 2024-12-31

SELAHS CENTER OF HOPE INC, founded in 2016, is a small nonprofit in the Human Services sector that reported $242K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $78K, a strong 32% operating margin.

Mission

THE ORGANIZATION PROVIDES TEMPORARY HOUSING, EDUCATION, EMPLOYMENT TRAINING, AND COUNSELING FOR HOMELESS PREGNANT WOMEN.

Program Service Accomplishments

Program 1
Expenses: $99,243

THE ORGANIZATION PROVIDES TEMPORARY HOUSING, EDUCATION, EMPLOYMENT TRAINING, AND COUNSELING FOR HOMELESS PREGNANT WOMEN.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $174,801
Program Service Revenue $0
Investment Income $7,373
Other Revenue $59,660
TOTAL REVENUE $241,834

Expense Breakdown

Grants Paid $0
Salaries & Benefits $89,288
Fundraising Expenses $0
Program Expenses $99,243
Other Expenses $75,021
TOTAL EXPENSES $164,309

Year-over-Year Comparison

2024 2023 Change
Revenue $241,834 $218,836 +0.1%
Expenses $164,309 $142,931 +0.1%
Net Income $77,525 $75,905 +0.0%
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

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Governance

Voting Members
5
Independent Members
5
Employees
7
Volunteers
5

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
4
$45,600
Total Directors
9
$45,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARA DOWLER CEO EXECUTOR DIRECTOR 35.00
Officer Director
$45,600 $0 $45,600
BONNIE STEWART PRESIDENT TREASURER 2.00
Officer Director
$0 $0 $0
DR KOJO QUARTEY MEMBER 0.25
Officer Director
$0 $0 $0
NICOLE GRIFFITH SECRETARY 0.50
Officer Director
$0 $0 $0
SAVANNAH MARTEN MEMBER 0.25
Director
$0 $0 $0
MANDY HALL MEMBER 0.25
Director
$0 $0 $0
APRIL KASSUBA MEMBER 0.25
Director
$0 $0 $0
STACEY WESTBROOK MEMBER 0.25
Director
$0 $0 $0
WILLIAM SUNDERLAND MEMBER 0.25
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 $241,834 $164,309 $556,820 $77,525
2023 $218,836 $142,931 $382,511 $75,905
2022 $248,677 $139,002 $326,433 $109,675
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