Reignite Hope (EIN 813244816) - Form 990 Financial Analysis & Trantor Score

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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

Steve D Bunyard

Phone

3108470156

Tax Period

2024-10-01 to 2025-09-30

Reignite Hope, founded in 2016, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $350K, a strong 17% operating margin.

Mission

Restoring hope and dignity to former gang members, ex-offenders and the homeless by teaching them job skills for a career in welding.

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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 $2,048,275

Program Service Revenue $0

Investment Income $61,213

Other Revenue $4,960

TOTAL REVENUE $2,114,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $861,985

Fundraising Expenses $37,105

Program Expenses $1,668,634

Other Expenses $865,245

TOTAL EXPENSES $1,764,335

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,114,448	$1,550,448	+0.4%
Expenses	$1,764,335	$1,262,827	+0.4%
Net Income	$350,113	$287,621	+0.2%

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

$80,338

Total Directors

$80,338

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve D Bunyard	President/Direc	40.00	Officer Director	$80,338	$0	$80,338
Craig Stephens	Director	0.20	Director	$0	$0	$0
William Duncan	Chairman	2.50	Officer Director	$0	$0	$0
David Wendorff	Treasurer	0.50	Officer Director	$0	$0	$0
Hoon Dokko	Secretary	0.20	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
2025	$2,114,448	$1,764,335	$3,977,216	$350,113
2024	$1,550,448	$1,262,827	$1,749,565	$287,621
2023	$1,144,180	$854,366	$1,462,110	$289,814
2022	$1,069,913	$623,063	$1,206,360	$446,850
2021	$703,444	$464,350	$798,176	$239,094
2020	$471,313	$349,133	$523,597	$122,180
2019	$302,526	$182,213	$359,806	$120,313

Reignite Hope