Pasadena, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hope Ventures Inc, founded in 2017, is a small nonprofit in the Human Services sector that reported $217K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $286K exceeded revenue, resulting in a 32% operating deficit.
We train organizations around the world to raise up thriving businesses in undeserved communities.
Entrepreneurship Training Program(1) Quito Entrepreneur Project Provided continued support for economic development efforts in impoverished communities in Ecuador through a locally led business...
Entrepreneurship Training Program(1) Quito Entrepreneur Project Provided continued support for economic development efforts in impoverished communities in Ecuador through a locally led business program and small farming initiatives for 135 participants. Ongoing involvement includes coaching, consulting, and monitoring of impact outcomes.(2) Haiti Entrepreneur Project provide the project director with periodic coaching, consultation, and monitor a virtual business program serving communities in Port-au-Prince. The activities have been minimized due to civil unrest and gang violence in the area, but maintains a connection with over 20 entrepreneurs. (3) Malawi Entrepreneur Project Facilitated business training for 40 entrepreneurs at the Hope Business Hub. Launched a formal Business Association and implemented structured coaching for entrepreneur growth and collaboration.(4) Manila Entrepreneur Project Launched a business incubator program in partnership with local leaders to serve entrepreneurs in vulnerable communities. The pilot cohort includes 18 entrepreneurs and 12 mentors receiving tailored training and support.(5) Zimbabwe Entrepreneur Project Provided ongoing support for Business Savings Groups to equip underserved entrepreneurs with training, mentoring, and access to capital in collaboration with local partners. 40 people were enrolled in the program by the end of 2024.(6) Sierra Leone Entrepreneur Project Helped launch a foundational entrepreneur training program in Freetown in partnership with a local organization, equipping 25 aspiring entrepreneurs with the tools to start and grow businesses.(7) South LA Entrepreneur Project Previously supported a business incubator serving underserved communities in South Los Angeles through a local partner. No direct involvement during this reporting period; the program operates independently.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $216,685 | $264,756 | -0.2% |
| Expenses | $286,076 | $260,641 | +0.1% |
| Net Income | $-69,391 | $4,115 | -17.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Mark Edgar-Goeser | President & CEO | 52.00 |
Officer
Director
|
$75,000 | $0 | $75,000 |
| Heath Hollandsworth | Operations Dir. | 40.00 |
Officer
|
$56,250 | $6,019 | $62,269 |
| Jane Oak | Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Jane Somers | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Susan Oak | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Michael Goldstone | Director | 1.50 |
Director
|
$0 | $0 | $0 |
| Anthony Barton | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Suzy Weeks | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Janice Tsao | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $216,685 | $286,076 | $109,576 | $-69,391 |
| 2023 | $264,756 | $260,641 | $172,708 | $4,115 |
| 2022 | $248,957 | $161,850 | $170,040 | $87,107 |
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