HOPE & LOVE HOLDINGS INC

EIN: 822998192 Community Improvement

Galveston, TX

Total Revenue
$760,285
Total Expenses
N/A
Total Assets
$3,292,776
Net Assets
$3,292,776
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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
TX
Principal Officer
Marlo Dowdy
Phone
4096929584
Tax Period
2024-01-01 to 2024-12-31

HOPE & LOVE HOLDINGS INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $760K in total revenue in fiscal year 2024.

Mission

TO ENGAGE IN ACQUIRING REAL ESTATE FOR THE PURPOSE OF FULFILLING THE RELIGIOUS DUTIES OF CHURCH OF THE LIVING GOD GALVESTON

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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 (2024)

Revenue Breakdown

Contributions & Grants $760,285
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $760,285

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $760,285 $710,036 +0.1%
Expenses N/A N/A N/A
Net Income N/A $710,036 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
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marlo Dowdy President 0
Officer
$0 $0 $0
SAMUEL DOWDY VICE PRESIDENT 0
Officer
$0 $0 $0
RALPH TIMS TREASURER 0
Officer
$0 $0 $0
ED HARRISON SECRETARY 0
Officer
$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 $760,285 No data $3,292,776 No data
2023 $710,036 No data $2,458,337 No data
2020 $1,114,332 No data $1,363,277 No data
2019 $253,362 No data $253,362 No data
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