BEATS 4 HOPE INC

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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

2017

Legal Domicile

Principal Officer

ALEXANDER MEJIA

Phone

3109271454

Tax Period

2020-01-01 to 2020-12-31

BEATS 4 HOPE INC, founded in 2017, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $36K in total revenue in fiscal year 2020. Revenue surged 612% from the prior year, signaling strong growth momentum.

Mission

THIS CHARITY BRINGS THE MUSIC COMMUNITY TOGETHER TO RAISE FUNDS AND/OR AWARENESS TO A COMMUNITY IN NEED IN THE AREAS OF ARTS AND HUMANITIES.

Program Service Accomplishments

Program 1

Expenses: $37,030 Revenue: $36,292

THIS CHARITY PROVIDED DJ, MUSICIANS, AND ARTISTS TO RAISE FUNDS FOR A COMMUNITY OR INDIVIDUAL AND SUPPORTED EXISTING CHARITIES IN NEED. THE PHILANTHROPIC SPIRIT OF THE TALENTS WERE USED TO RAISE...

THIS CHARITY PROVIDED DJ, MUSICIANS, AND ARTISTS TO RAISE FUNDS FOR A COMMUNITY OR INDIVIDUAL AND SUPPORTED EXISTING CHARITIES IN NEED. THE PHILANTHROPIC SPIRIT OF THE TALENTS WERE USED TO RAISE FUNDS AND CULTIVATE AWARENESS ON VARIOUS TOPICS THAT IMPACT OUR COMMUNITIES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $39,914

Program Service Revenue $0

Investment Income $0

Other Revenue $-3,622

TOTAL REVENUE $36,292

Expense Breakdown

Grants Paid $15,574

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,030

Other Expenses $22,786

TOTAL EXPENSES $38,360

Year-over-Year Comparison

	2020	2019	Change
Revenue	$36,292	$5,100	+6.1%
Expenses	$38,360	$3,762	+9.2%
Net Income	$-2,068	$1,338	-2.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONICA J MARTINES	PRESIDENT & CEO	28.00	Officer	$0	$0	$0
ALEXANDER MEJIA	BOARD MEMBER	21.00	Officer	$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
2020	$36,292	$38,360	$4,396	$-2,068