HOPE4RECOVERY INC (EIN 822997643) - 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

PATRICE HAMILTON-OTTEY

Phone

4435234459

Tax Period

2024-01-01 to 2024-12-31

HOPE4RECOVERY INC, founded in 2017, is a small nonprofit in the Mental Health sector that reported $744K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $114K, a strong 15% operating margin.

Mission

TO PROVIDE A SAFE, SOBER AND STRUCTURED LIVING ENVIRONMENT FOR THOSE IN RECOVERY FROM SUBSTANCE USE DISORDER.

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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 $7,828

Program Service Revenue $736,660

Investment Income $0

Other Revenue $0

TOTAL REVENUE $744,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $390,087

Fundraising Expenses $0

Program Expenses $570,092

Other Expenses $240,860

TOTAL EXPENSES $630,947

Year-over-Year Comparison

	2024	2023	Change
Revenue	$744,488	$591,598	+0.3%
Expenses	$630,947	$580,829	+0.1%
Net Income	$113,541	$10,769	+9.5%

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

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
SARAH HOOPER	PRESIDENT	5.00	Officer Director	$0	$0	$0
TRACEY SIMPSON	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
PATRICE OTTEY	SECRETARY	2.00	Officer Director	$0	$0	$0
ROBERT HOOPER	TREASURER	2.00	Officer Director	$0	$0	$0
DARYL MCCREADY	MEMBER	2.00	Director	$0	$0	$0
KRISTINA WATKOWSKI	MEMBER	2.00	Director	$0	$0	$0
TERRI BRADFORD	MEMBER	2.00	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	$744,488	$630,947	$826,414	$113,541
2023	$591,598	$580,829	$768,120	$10,769
2022	$321,770	$336,678	$737,381	$-14,908
2021	$231,203	$155,857	$554,882	$75,346

HOPE4RECOVERY INC