HOPE 101 MINISTRY INC

EIN: 821095189 501(c)(3) Housing & Shelter

Newaygo, MI

Total Revenue
N/A
Total Expenses
$57,531
Total Assets
$436,282
Net Assets
$436,282
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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
MI
Principal Officer
Brendan Hughes
Phone
6165812936
Tax Period
2024-07-01 to 2025-06-30

Mission

To act as an advocate and service provider for persons facing housing needs or experiencing food insecurity, especially those who are displaced or at risk of displacement; including owning properties, and/or forming partnerships to promote, facilitate, and/or operate housing, food and self-sufficiency programs, assist economic development, provide social services, engaging in activities that further our purpose, and nurture spiritual programs and services that foster the stabilization and empowerment of the community. The corporation is organized exclusive for charitable and educational purposes under Section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,995
Fundraising Expenses $0
Program Expenses $57,531
Other Expenses $1,536
TOTAL EXPENSES $57,531

Year-over-Year Comparison

2024 2023 Change
Revenue N/A $238,181 -1.0%
Expenses $57,531 $235,574 -0.8%
Net Income N/A $2,607 N/A
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
7
Independent Members
7
Employees
3
Volunteers
4

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
3
$0
Total Directors
4
$0
Key Employees
3
$28,927
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julie Vitale Executive Director 11
Key Emp
$21,415 $0 $21,415
Alex Eising Case Manager 10
Key Emp
$6,602 $0 $6,602
Deb Prins Trustee and Bookeeper 4
Key Emp
$910 $0 $910
Traci Slager Trustee 1
Director
$0 $0 $0
Paul Piccard Trustee 1
Director
$0 $0 $0
Tina Wightman Trustee 1
Director
$0 $0 $0
Robin Van Wyk Trustee 1
Director
$0 $0 $0
Kristi Foster Program Director and Secretary 4
Officer
$0 $0 $0
Dan Welch President 1
Officer
$0 $0 $0
Brendan Hughes Treasurer 1
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
2025 No data $57,531 $436,282 No data
2023 $97,564 $83,333 $257,235 $14,231
2022 $95,466 $86,515 $241,231 $8,951
2021 $61,495 $46,554 $232,281 $14,941
2020 $51,136 $44,853 $217,340 $6,283
2019 $56,547 $49,259 $211,057 $7,288
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