MT HOPE CHARITIES INC (EIN 820825988) - 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

2017

Legal Domicile

Principal Officer

MATTHEW MILLER

Phone

3306744092

Tax Period

2024-01-01 to 2024-12-31

MT HOPE CHARITIES INC, founded in 2017, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $5.0M left a modest 4% surplus.

Mission

TO STREAMLINE THE PROCESS FOR LOCAL BENEFIT/FUNDRAISING EVENTS

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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 $5,139,892

Program Service Revenue $0

Investment Income $33,977

Other Revenue $0

TOTAL REVENUE $5,173,869

Expense Breakdown

Grants Paid $4,970,708

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,973,348

Other Expenses $6,117

TOTAL EXPENSES $4,976,825

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,173,869	$4,753,379	+0.1%
Expenses	$4,976,825	$4,610,997	+0.1%
Net Income	$197,044	$142,382	+0.4%

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

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
MATTHEW MILLER	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHESTER MULLET	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JO ANNA MILLER	SECRETARY	1.00	Officer Director	$0	$0	$0
ROSANNA MILLER	TREASURER	1.00	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	$5,173,869	$4,976,825	$1,875,942	$197,044
2023	$4,753,379	$4,610,997	$1,678,898	$142,382
2022	$4,629,116	$4,583,047	$1,536,516	$46,069
2021	$5,257,380	$4,627,495	$1,490,447	$629,885
2020	$3,081,758	$2,486,404	$860,563	$595,354
2019	$1,836,553	$1,784,618	$265,209	$51,935
2018	$614,558	$432,111	$213,274	$182,447

MT HOPE CHARITIES INC