LEGACY OF HOPE (EIN 822951677) - 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

Principal Officer

MICHAEL ROWE

Phone

4845350958

Tax Period

2021-01-01 to 2021-12-31

LEGACY OF HOPE, founded in 2017, is a small nonprofit in the Diseases & Disorders sector that reported $239K in total revenue in fiscal year 2021. Expenses of $223K left a modest 6% surplus.

Mission

LEGACY OF HOPE IS FOCUSED ON PARTNERSHIPS WITH LOCAL BUSINESSES AND CANCER CENTERS TO BRING AN UNPARALLELED LEVEL OF SUPPORT TO PHILADELPHIAS MOST FINANCIALLY DISTRESSED CANCER PATIENTS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $231,743

Program Service Revenue $0

Investment Income $0

Other Revenue $6,794

TOTAL REVENUE $238,537

Expense Breakdown

Grants Paid $0

Salaries & Benefits $103,089

Fundraising Expenses $10,566

Program Expenses $193,456

Other Expenses $120,132

TOTAL EXPENSES $223,221

Year-over-Year Comparison

	2021	2020	Change
Revenue	$238,537	$221,993	+0.1%
Expenses	$223,221	$271,562	-0.2%
Net Income	$15,316	$-49,569	-1.3%

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

$95,000

Total Directors

$95,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE REDROW	BOARD MEMBER	2.00	Director	$0	$0	$0
JOE RUGGIERI	BOARD MEMBER	2.00	Director	$0	$0	$0
NAKIA LYNN	BOARD MEMBER	2.00	Director	$0	$0	$0
MARY CHICORELLI ESQ	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVID APRIL	BOARD MEMBER	2.00	Director	$0	$0	$0
QUINCY HARRIS	BOARD MEMBER	2.00	Director	$0	$0	$0
KIMBERLY S REED	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL ROWE	PRESIDENT	10.00	Officer Director	$65,000	$0	$65,000
GINA MANCUSO	VICE PRESIDENT	5.00	Officer Director	$30,000	$0	$30,000
GREG GARBER	EXECUTIVE COMMITTEE CHAIR	5.00	Officer Director	$0	$0	$0
KEVIN KELLY DO	SCIENTIFIC REVIEW COMMITTEE CHAIR	5.00	Officer Director	$0	$0	$0
PATTI SIMPSON	SECRETARY	5.00	Officer 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
2022	No data	No data	No data	No data
2021	$238,537	$223,221	$73,959	$15,316
2020	$221,993	$271,562	$64,797	$-49,569
2019	$283,155	$193,646	$114,367	$89,509

LEGACY OF HOPE