HOPE CREATES

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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

Parker Denny

Phone

3144942557

Tax Period

2023-07-01 to 2024-06-30

HOPE CREATES, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $346K in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $331K left a modest 4% surplus.

Mission

Hope Creates empowers youth and adults, who are in recovery from or at risk of Substance Use Disorder to stay sober by engaging in the expressive arts and a vibrant and creative sober community.

Program Service Accomplishments

Program 1

Expenses: $47,333 Revenue: $0

Community Creation Events (CCE) - CCEs are collaborative gatherings, open to all youth/young adults in recovery (from one day sober and beyond) and their families. This provides an easy, entry-level activity for all involved. Events are provided at no cost to those in recovery. In the CCEs, youth and adults, and their families, are provided art supplies and/or performance training so they can create in different settings and with different mediums - from an urban setting with "legal graffiti" to metal smithing, glass blowing to drum circles, ceramics to a traditional studio for modern dance. All events are adrenaline-pumping fun. We emphasize a safe and sober community event that includes a shared meal with loving peers and family members. During the year ended June 30, 2024, Hope Creates presented 11 CCE sessions that included 283 attendees.

Program 2

Expenses: $149,613 Revenue: $17,222

Make Your M.A.R.C. (Music. Art. Recovery. Connection.) (MYM) - Make Your M.A.R.C. is a nine-session program for a cohort of 10-15 youth and adults in recovery from or deemed at risk for Substance Use Disorder. Participants meet for 3-4 hours each session, engaging in a multi-disciplinary healing arts experience in painting, drawing, music, percussion, and storytelling, and deliver an exhibition and concert the final week. During the year ended June 30, 2024, Hope Creates delivered 6 Make Your M.A.R.C. cohorts (46 Make Your M.A.R.C. sessions) with 43 participants and 209 attendees.

Program 3

Expenses: $16,474 Revenue: $400

Expressive Arts Exhibitions (EAE) - EAEs are open to the general public to attend. Artists in recovery share their artistic work, created on their own or in CCEs. All artists in recovery may show...

Expressive Arts Exhibitions (EAE) - EAEs are open to the general public to attend. Artists in recovery share their artistic work, created on their own or in CCEs. All artists in recovery may show their work. However, exhibitors must have over one year sobriety to sign their artwork with their first name and last initial. Artists with less than one year sobriety may show their art anonymously. This program allows members to experience the value of their artwork and share their stories of recovery, creativity, and hope with the community. During the year ended June 30, 2024, Hope Creates delivered 2 sessions with 30 participants and 288 attendees.

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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 (2023)

Revenue Breakdown

Contributions & Grants $345,346

Program Service Revenue $17,622

Investment Income $1,536

Other Revenue $-18,815

TOTAL REVENUE $345,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,918

Fundraising Expenses $48,557

Program Expenses $233,291

Other Expenses $179,919

TOTAL EXPENSES $330,837

Year-over-Year Comparison

	2023	2022	Change
Revenue	$345,689	$198,707	+0.7%
Expenses	$330,837	$192,493	+0.7%
Net Income	$14,852	$6,214	+1.4%

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

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

$270

Total Directors