CREATIONS 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

2018

Legal Domicile

Principal Officer

ROBERT GILLESPIE

Phone

4195659699

Tax Period

2024-01-01 to 2024-12-31

CREATIONS HOPE INC, founded in 2018, is a micro nonprofit in the Religion sector that reported $56K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $12K, a strong 22% operating margin.

Mission

THE ORGANIZATION SPEAKS AT RELIGIOUS CONFERENCES TO BUILD UP AND EDUCATE INDIVIDUALS

Program Service Accomplishments

Program 1

THE ORGANIZATION WAS ABLE TO TRAVEL TO DIFFERENT LOCATIONS TO ENCOURAGE AND EDUCATE INDIVIDUALS ABOUT THE BIBLE

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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 $16,772

Program Service Revenue $31,945

Investment Income $0

Other Revenue $7,702

TOTAL REVENUE $56,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,000

Fundraising Expenses $0

Other Expenses $12,006

TOTAL EXPENSES $44,006

Year-over-Year Comparison

	2024	2023	Change
Revenue	$56,419	$72,341	-0.2%
Expenses	$44,006	$70,803	-0.4%
Net Income	$12,413	$1,538	+7.1%

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

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
ROBERT GILLESPIE	PRESIDENT	25.00	Officer	$0	$0	$0
LOIS GILLESPIE	VICE PRESIDENT	15.00	Officer	$0	$0	$0
BRANDON BYLER	BOARD MEMBER	7.00	Director	$0	$0	$0
FLOYD STANFILL	BOARD MEMBER	7.00	Director	$0	$0	$0
JERRY OSBORN	BOARD MEMBER	7.00	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	$56,419	$44,006	$20,818	$12,413
2023	$72,341	$70,803	$8,405	$1,538
2022	$78,024	$81,944	$6,867	$-3,920
2021	$48,657	$48,331	$10,787	$326
2020	$48,168	$42,711	$10,461	$5,457
2019	$76,421	$74,578	$5,004	$1,843
2018	$78,571	$75,410	$3,161	$3,161