SAVING HOPE CHARITIES INC

EIN: 813422514 501(c)(3) Housing & Shelter

LEITCHFIELD, KY

Total Revenue
$32,947
Total Expenses
$61,890
Total Assets
$615,919
Net Assets
$615,617
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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
KY
Principal Officer
KENNY PUCKETT
Phone
2705891610
Tax Period
2019-01-01 to 2019-12-31

SAVING HOPE CHARITIES INC, founded in 2016, is a micro nonprofit in the Housing & Shelter sector that reported $33K in total revenue in fiscal year 2019. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $62K exceeded revenue, resulting in a 88% operating deficit.

Mission

PROVIDING TRANSITIONAL LIVING TO WOMEN & CHILDREN.

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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 (2019)

Revenue Breakdown

Contributions & Grants $28,587
Program Service Revenue $4,360
Investment Income $0
Other Revenue $0
TOTAL REVENUE $32,947

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,319
Fundraising Expenses $1,832
Program Expenses $29,514
Other Expenses $43,571
TOTAL EXPENSES $61,890

Year-over-Year Comparison

2019 2018 Change
Revenue $32,947 $50,381 -0.3%
Expenses $61,890 $92,195 -0.3%
Net Income $-28,943 $-41,814 -0.3%
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
4
Independent Members
4
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNY PUCKETT DIRECTOR N/A
Officer Director
$0 $0 $0
SHARON PUCKETT SECRETARY N/A
Officer Director
$0 $0 $0
TODD BULLOCK VICE PRESIDE N/A
Officer Director
$0 $0 $0
JEREMY NEWTON TREASURER N/A
Officer 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
2019 $32,947 $61,890 $615,919 $-28,943
2018 $50,381 $92,195 $644,607 $-41,814
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