HOPE ENTERPRISE INC (EIN 822274822) - 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

Phone

3166489131

Tax Period

2024-01-01 to 2024-12-31

HOPE ENTERPRISE INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $259K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $179K, a strong 69% operating margin.

Mission

ADMINISTERING VARIOUS AFFORDABLE HOUSING PROGRAMS TO HELP BREAK THE CYCLE OF POVERTY.

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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 $247,151

Program Service Revenue $12,228

Investment Income $0

Other Revenue $0

TOTAL REVENUE $259,379

Expense Breakdown

Grants Paid $11,161

Salaries & Benefits $20,000

Fundraising Expenses $917

Program Expenses $58,142

Other Expenses $47,963

TOTAL EXPENSES $80,041

Year-over-Year Comparison

	2024	2023	Change
Revenue	$259,379	$220,720	+0.2%
Expenses	$80,041	$277,664	-0.7%
Net Income	$179,338	$-56,944	-4.1%

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

$20,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CURTIS WHITTEN	BOARD MEMBER, PRESIDENT	0.5	Officer Director	$0	$0	$0
DARRYL GIVENS	BOARD MEMBER/TREASURER	0.5	Officer Director	$0	$0	$0
TEKETA HARDING	BOARD MEMBER/SECRETARY	0.5	Officer Director	$0	$0	$0
ALICIA THOMPSON	BOARD MEMBER	0.5	Director	$0	$0	$0
LEE WILLIAMS	BOARD MEMBER	0.5	Director	$0	$0	$0
DR KEVASS HARDING	EXECUTIVE DIRECTOR	40.0	Officer	$20,000	$0	$20,000

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	$259,379	$80,041	$684,946	$179,338
2023	$220,720	$277,664	$156,731	$-56,944

HOPE ENTERPRISE INC