HOPE FOR HAITIANS INC

EIN: 813160296 501(c)(3) International Affairs

ROCKFORD, IL

Total Revenue
$590,126
Total Expenses
$338,642
Total Assets
$858,005
Net Assets
$858,005
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
IL
Principal Officer
WILLIAM DERRY
Phone
8158470656
Tax Period
2022-07-01 to 2023-06-30

HOPE FOR HAITIANS INC, founded in 2019, is a small nonprofit in the International Affairs sector that reported $590K in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $251K, a strong 43% operating margin.

Mission

TO PROVIDE HOPE AND DIGNITY TO THE POOREST OF THE POOR IN HAITI THROUGH PROJECTS WHICH IMPROVE FOOD SECURITY, WATER, HOUSING, AND OTHER SERVICES FOR THEIR GENERAL WELL BEING.

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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 (2022)

Revenue Breakdown

Contributions & Grants $458,604
Program Service Revenue $0
Investment Income $8,039
Other Revenue $123,483
TOTAL REVENUE $590,126

Expense Breakdown

Grants Paid $0
Salaries & Benefits $95,602
Fundraising Expenses $120,330
Program Expenses $186,214
Other Expenses $243,040
TOTAL EXPENSES $338,642

Year-over-Year Comparison

2022 2021 Change
Revenue $590,126 $635,130 -0.1%
Expenses $338,642 $838,157 -0.6%
Net Income $251,484 $-203,027 -2.2%
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
22
Independent Members
22
Employees
1
Volunteers
92

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
$86,845
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS WEICKERT EXECUTIVE DI 40.00
Officer
$86,845 $0 $86,845
THOMAS ABBATACOLA DIRECTOR 1.00
Director
$0 $0 $0
RICK ADAMS DIRECTOR 1.00
Director
$0 $0 $0
VIRGINIA CANAVAN DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM CLANCY DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE COOVERT DIRECTOR 1.00
Director
$0 $0 $0
ADAM DERRY DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM DERRY PRESIDENT 2.00
Officer Director
$0 $0 $0
DALE DICKINSON DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER DRONKERS DIRECTOR 1.00
Director
$0 $0 $0
BERNARD FOSTER DIRECTOR 1.00
Director
$0 $0 $0
TROY HAGGESTAD DIRECTOR 1.00
Director
$0 $0 $0
KEITH JONES DIRECTOR 1.00
Director
$0 $0 $0
REV ROBERT JONES DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL DELANEY JR DIRECTOR 1.00
Director
$0 $0 $0
ADRIENNE FAIR LEACH DIRECTOR 1.00
Director
$0 $0 $0
DANNY LORDEN DIRECTOR 1.00
Director
$0 $0 $0
DAN MCGUIRE DIRECTOR 1.00
Director
$0 $0 $0
ROBERT MCLAUGHLIN DIRECTOR 1.00
Director
$0 $0 $0
FR JOHN MCNAMARA DIRECTOR 1.00
Director
$0 $0 $0
STEVE WOLF SECRETARY 2.00
Officer Director
$0 $0 $0
PATRICK ZACCHEA DIRECTOR 1.00
Director
$0 $0 $0
AMY OTT TREASURER 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $590,126 $338,642 $858,005 $251,484
2022 $635,130 $838,157 $584,985 $-203,027
2021 $506,104 $607,739 $827,822 $-101,635
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