Hope Center DC Inc

EIN: 812698224 501(c)(3) Religion

Baltimore, MD

Total Revenue
$504,235
Total Expenses
$456,216
Total Assets
$1,245,218
Net Assets
$409,291
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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
MD
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

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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 $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

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Governance

Voting Members
6
Independent Members
N/A
Employees
2
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
2
$120,299
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sergio Chavez President 0.00
Officer
$61,313 $0 $61,313
Franchesca Chavez Vice President 0.00
Officer
$58,986 $0 $58,986
Richard Barrett Treasurer 0.00
Director
$0 $0 $0
Lily Powell Secretary 0.00
Director
$0 $0 $0
Sasha Barrett Director 0.00
Director
$0 $0 $0
Garfield Powell 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 $504,235 $456,216 $1,245,218 $48,019
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