MATTHEW'S HOPE FOUNDATION INC (EIN 814311554) - 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

LAWRENCE J WEDEKIND

Phone

2815915265

Tax Period

2023-01-01 to 2023-12-31

MATTHEW'S HOPE FOUNDATION INC, founded in 2016, is a community nonprofit in the Mental Health sector that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $1.2M left a modest 10% surplus.

Mission

ENDING OUR COUNTRY'S OPIOID EPIDEMIC BY EDUCATING ALL AFFECTED AND OFFERING TREATMENT ASSISTANCE VIA ABSTINENCE BASED INTENSIVE TREATMENT WITH UNIQUE MICROCURRENT NEUROFEEDBACK SESSIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $118,588

Program Service Revenue $1,207,193

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,325,781

Expense Breakdown

Grants Paid $0

Salaries & Benefits $697,783

Fundraising Expenses $0

Program Expenses $1,162,964

Other Expenses $499,037

TOTAL EXPENSES $1,196,820

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,325,781	$1,533,425	-0.1%
Expenses	$1,196,820	$1,258,472	0.0%
Net Income	$128,961	$274,953	-0.5%

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

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

$225,772

Total Directors

$106,978

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER O'NEAL WEDEKIND	DIRECTOR & EXECUTIVE DIREC	40.00	Officer Director	$96,000	$10,978	$106,978
LAWRENCE WEDEKIND	CHAIRMAN & CEO	20.00	Officer Director	$0	$0	$0
BARRY J BRUDER	DIRECTOR	5.00	Director	$0	$0	$0
CLYDE MCMORRIS MD	DIRECTOR	5.00	Director	$0	$0	$0
HARSADBHAI D PATEL MD	DIRECTOR	5.00	Director	$0	$0	$0
JAN GERMAN	DIRECTOR	5.00	Director	$0	$0	$0
JEANIE MANSILL	DIRECTOR	5.00	Director	$0	$0	$0
ANDRE BENNETT	EXECUTIVE DIRECTOR	40.00	Officer	$103,000	$15,794	$118,794

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	No data	No data	No data	No data
2023	$1,325,781	$1,196,820	$444,797	$128,961
2022	$1,533,425	$1,258,472	$406,153	$274,953
2021	$1,299,174	$1,005,153	$79,645	$294,021
2020	$452,091	$730,161	$88,899	$-278,070

MATTHEW'S HOPE FOUNDATION INC