HOPE WORLDWIDE IMPACT

EIN: 822828430 501(c)(3) Religion

Houston, TX

Total Revenue
$-12,221
Total Expenses
$72,870
Total Assets
$41,151
Net Assets
$41,151
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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
2021
Phone
2138647363
Tax Period
2023-01-01 to 2023-12-31

HOPE WORLDWIDE IMPACT, founded in 2021, is a micro nonprofit in the Religion sector that reported $12K in total revenue in fiscal year 2023. Revenue fell 104% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE EXCELLENCE IN HOME CARE FOR NEEDY CITIZENS

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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 (2023)

Revenue Breakdown

Contributions & Grants $13,648
Program Service Revenue $0
Investment Income $0
Other Revenue $-25,869
TOTAL REVENUE $-12,221

Expense Breakdown

Grants Paid $0
Salaries & Benefits $58,756
Fundraising Expenses $0
Program Expenses $71,516
Other Expenses $14,114
TOTAL EXPENSES $72,870

Year-over-Year Comparison

2023 2022 Change
Revenue $-12,221 $287,844 -1.0%
Expenses $72,870 $267,772 -0.7%
Net Income $-85,091 $20,072 -5.2%
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
2
Independent Members
2
Employees
14
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
peter gor manager 10
$0 $0 $0
mariann Gor manager 10
$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
2023 $-12,221 $72,870 $41,151 $-85,091
2022 $287,844 $267,772 $41,786 $20,072
2021 $124,284 $174,919 $18,371 $-50,635
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