Hope Center DC 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

Sergio Chavez

Phone

2403025421

Tax Period

2024-01-01 to 2024-12-31

Hope Center DC Inc, founded in 2016, is a small nonprofit in the Religion sector that reported $504K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $456K left a modest 10% surplus.

Mission

Restoring hope through the message of the gospel, and restoring community through the power of relationships

Program Service Accomplishments

Program 1

Expenses: $327,215 Revenue: $432,234

We have served over 800 families through outreach and support initiatives including providing food and clothing for over 300 families, 85 children with back to school attire and supplies; financial literacy and planning, mental health, and entrepreneurial education courses, providing families with stability through education, and over 2000 hours of hands on community work with 73% of our members connected to and working for our local communities

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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 $504,235

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $504,235

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,299

Fundraising Expenses $0

Program Expenses $327,215

Other Expenses $335,917

TOTAL EXPENSES $456,216

Year-over-Year Comparison

	2024	2023	Change
Revenue	$504,235	$438,954	+0.1%
Expenses	$456,216	$453,249	+0.0%
Net Income	$48,019	$-14,295	-4.4%

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

N/A

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

$120,299

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Sergio Chavez	President	Officer	$61,313	$0	$61,313
Franchesca Chavez	Vice President	Officer	$58,986	$0	$58,986
Richard Barrett	Treasurer	Director	$0	$0	$0
Lily Powell	Secretary	Director	$0	$0	$0
Sasha Barrett	Director	Director	$0	$0	$0
Garfield Powell	Director	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	$504,235	$456,216	$1,245,218	$48,019