TODAYS HOPE

EIN: 822857840 501(c)(3) Human Services

POWHATAN, VA

Total Revenue
$57,100
Total Expenses
$64,208
Total Assets
$3,806
Net Assets
$3,806
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
VA
Principal Officer
CHARLES CRENSHAW
Phone
8042761963
Tax Period
2022-01-01 to 2022-12-31

TODAYS HOPE, founded in 2018, is a micro nonprofit in the Human Services sector that reported $57K in total revenue in fiscal year 2022. Expenses of $64K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE TEMPORARY SHELTER TO PERSONS/FAMILIES THAT HAVE BEEN TEMPORARILY DISPLACED AND/OR ARE SUFFERING MENTAL HEALTH CRISIS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $57,100
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $57,100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $63,516
Other Expenses $64,208
TOTAL EXPENSES $64,208

Year-over-Year Comparison

2022 2021 Change
Revenue $57,100 N/A N/A
Expenses $64,208 N/A N/A
Net Income $-7,108 N/A 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
4
Independent Members
4
Employees
N/A
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
4
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES L CRENSHAW II PRESIDENT/CHAIRMAN 10.00
Officer
$0 $0 $0
ANGELA JACKSON VICE PRESIDENT 1.00
Officer
$0 $0 $0
JOI CRENSHAW SECRETARY 1.00
Officer
$0 $0 $0
DANIEL JOHNSON TREASURER 1.00
Officer
$0 $0 $0
HARRIET SCRUGGS MARKETING/GRANT WRITER 1.00
Key Emp
$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
2022 $57,100 $64,208 $3,806 $-7,108
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