HOPE BUILDERS INC

EIN: 823182703 501(c)(3) Human Services

SAGAMORE, MA

Total Revenue
$299,076
Total Expenses
$353,000
Total Assets
$98,706
Net Assets
$86,206
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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
MA
Principal Officer
VICKIE MICHAUD
Phone
7879480393
Tax Period
2020-01-01 to 2020-12-31

HOPE BUILDERS INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $299K in total revenue in fiscal year 2020. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $353K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO PROVIDE RELIEF FOR THE POOR, DISTRESSED, AND UNDER PRIVILEGE ESPECIALLY IN THE AFTERMATH OF HURRICANE MARIA IN PUERTO RICO

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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 (2020)

Revenue Breakdown

Contributions & Grants $299,076
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $299,076

Expense Breakdown

Grants Paid $0
Salaries & Benefits $124,218
Fundraising Expenses $6,791
Program Expenses $316,181
Other Expenses $228,782
TOTAL EXPENSES $353,000

Year-over-Year Comparison

2020 2019 Change
Revenue $299,076 $503,897 -0.4%
Expenses $353,000 $487,426 -0.3%
Net Income $-53,924 $16,471 -4.3%
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

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Governance

Voting Members
3
Independent Members
2
Employees
5
Volunteers
94

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
3
$61,663
Total Directors
3
$61,663
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vickie Michaud President 55
Officer Director
$60,000 $0 $60,000
MARY TERRY SECRETARY 2.00
Officer Director
$1,663 $0 $1,663
LAURA REYNOLDS TREASURER 1
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
2020 $299,076 $353,000 $98,706 $-53,924
2019 $503,897 $487,426 $298,061 $16,471
2018 $265,615 $142,334 $124,545 $123,281
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