LIVING WITH HOPE (EIN 815293025) - 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

2018

Legal Domicile

Principal Officer

TIM NIEHOF

Phone

9375588739

Tax Period

2024-01-01 to 2024-12-31

LIVING WITH HOPE, founded in 2018, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 114% from the prior year, signaling strong growth momentum. The organization ran a surplus of $406K, a strong 20% operating margin.

Mission

TO DISTRIBUTE WHEELCHAIRS IN KENYA.

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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 $1,862,448

Program Service Revenue $0

Investment Income $20,240

Other Revenue $114,697

TOTAL REVENUE $1,997,385

Expense Breakdown

Grants Paid $31,136

Salaries & Benefits $130,298

Fundraising Expenses $0

Program Expenses $1,273,231

Other Expenses $1,429,710

TOTAL EXPENSES $1,591,144

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,997,385	$933,940	+1.1%
Expenses	$1,591,144	$954,659	+0.7%
Net Income	$406,241	$-20,719	-20.6%

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

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

$80,000

Total Directors

$80,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MAYEN	EXECUTIVE DIRECTOR	40.00	Officer Director	$80,000	$0	$80,000
RICH GERIG	PRESIDENT/DIRECTOR	20.00	Officer Director	$0	$0	$0
JACK VROEGH	SECRETARY/DIRECTOR	5.00	Officer Director	$0	$0	$0
TIM NIEHOF	TREASURER/DIRECTOR	5.00	Officer Director	$0	$0	$0
DR TIMOTHY MEAD	DIRECTOR	0.00	Officer Director	$0	$0	$0
DR JEFF HAAG	DIRECTOR	0.00	Director	$0	$0	$0
JIM HUISENGA	DIRECTOR	0.00	Director	$0	$0	$0
PASTOR ANDY NEARPASS	DIRECTOR	0.00	Director	$0	$0	$0
MARIELLEN BOOMSMA	DIRECTOR	0.00	Director	$0	$0	$0
JODI VAN VELD	VICE PRESIDENT/DIRECTOR	5.00	Director	$0	$0	$0
AMY VAN DRUNEN	DIRECTOR	0.00	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	$1,997,385	$1,591,144	$1,251,365	$406,241
2023	$933,940	$954,659	$900,528	$-20,719
2022	$581,446	$319,590	$864,621	$261,856
2021	$612,069	$212,495	$600,281	$399,574
2020	$374,500	$238,783	$202,504	$135,717

LIVING WITH HOPE