VOICES OF HOPE INC

EIN: 814736138 501(c)(3) Arts, Culture & Humanities

FARMINGTON, CT

Total Revenue
$464,917
Total Expenses
$283,986
Total Assets
$461,422
Net Assets
$460,479
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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
CT
Principal Officer
PETER FISHMAN
Phone
8604705591
Tax Period
2023-01-01 to 2023-12-31

VOICES OF HOPE INC, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $465K in total revenue in fiscal year 2023. Revenue surged 136% from the prior year, signaling strong growth momentum. The organization ran a surplus of $181K, a strong 39% operating margin.

Mission

TO FOSTER A CULTURE AND SOCIAL ACTION AGAINST HATE, BIGOTRY, INTOLERANCE AND INDIFFERENCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $70,654
Program Service Revenue $42,763
Investment Income $3,651
Other Revenue $347,849
TOTAL REVENUE $464,917

Expense Breakdown

Grants Paid $0
Salaries & Benefits $184,369
Fundraising Expenses $0
Program Expenses $62,486
Other Expenses $99,617
TOTAL EXPENSES $283,986

Year-over-Year Comparison

2023 2022 Change
Revenue $464,917 $196,846 +1.4%
Expenses $283,986 $175,868 +0.6%
Net Income $180,931 $20,978 +7.6%
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
21
Independent Members
21
Employees
5
Volunteers
30

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
7
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STUART ABRAMS DIRECTOR N/A
Director
$0 $0 $0
TONI BOUCHER DIRECTOR N/A
Director
$0 $0 $0
LISA FISHMAN SECRETARY N/A
Officer Director
$0 $0 $0
PETER FISHMAN PRESIDENT N/A
Officer Director
$0 $0 $0
RONA GOLLOB TREASURER N/A
Officer Director
$0 $0 $0
ANNA HUTTNER DIRECTOR N/A
Director
$0 $0 $0
JEFF ISRAEL DIRECTOR N/A
Director
$0 $0 $0
ADELE JACOBS FIRST VICE P N/A
Officer Director
$0 $0 $0
ESTELLE KAFER DIRECTOR N/A
Director
$0 $0 $0
PAT KAZAKOFF DIRECTOR N/A
Director
$0 $0 $0
DEBBIE KLEINMAN DIRECTOR N/A
Director
$0 $0 $0
NEIL KOCHEN DIRECTOR N/A
Director
$0 $0 $0
SHARONE KORNMAN GOVERNANCE N/A
Officer Director
$0 $0 $0
ALAN LAZOWSKI FOUNDING CHA N/A
Officer Director
$0 $0 $0
JONAH LAZOWSKI DIRECTOR N/A
Director
$0 $0 $0
JAKE LIEBOWITZ DIRECTOR N/A
Director
$0 $0 $0
JOSEPH OLZACKI DIRECTOR N/A
Director
$0 $0 $0
SHIRI SANDLER DIRECTOR N/A
Director
$0 $0 $0
EVELINE SHEKHMAN DIRECTOR N/A
Director
$0 $0 $0
COLLEEN SIMON DIRECTOR N/A
Director
$0 $0 $0
DAVID SIMON DIRECTOR N/A
Director
$0 $0 $0
MARGE SWAYE DIRECTOR N/A
Director
$0 $0 $0
GAYLE TEMKIN VICE PRESIDE 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
2024 No data No data No data No data
2023 $464,917 $283,986 $461,422 $180,931
2022 $196,846 $175,868 $282,518 $20,978
2021 $230,991 $173,568 $263,540 $57,423
2020 $445,474 $398,855 $205,108 $46,619
2019 $213,145 $173,368 $135,783 $39,777
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