HOPE FOR HAITIANS 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

2019

Legal Domicile

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 SUSTAINABLE FOOD, CLEAN WATER, ADEQUATE SHELTER, EDUCATION, AND OTHER SERVICES FOR THE GENERAL WELL-BEING OF IMPOVERISHED PEOPLE IN HAITI.

Program Service Accomplishments

Program 1

Expenses: $8,250

PROGRAM TO PROVIDE MICRO LOANS FOR REBUIDLING HOMES AND BUSINESSES

Program 2

Expenses: $15,555

PROGRAM FOR SUSTAINABLE BUIDLING

Program 3

Expenses: $23,530

SUPPORTED WEEKLY CLINICS IN DUMAS HAITI AND PPE FOR HEALTHCARE PROFESSIONALS.

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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 (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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$86,845

Total Directors

Key Employees

Highest Compensated

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