HOPE HARBOR QALICB

EIN: 823227844 501(c)(3) Mental Health

HOUSTON, TX

Total Revenue
$322,662
Total Expenses
$417,133
Total Assets
$17,901,273
Net Assets
$2,834,918
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TX
Principal Officer
STEVEN BRINKMAN
Phone
7135243682
Tax Period
2023-09-01 to 2024-08-31

HOPE HARBOR QALICB, founded in 2017, is a small nonprofit in the Mental Health sector that reported $323K in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $417K exceeded revenue, resulting in a 29% operating deficit.

Mission

HOPE HARBOR QALICB WAS CREATED TO FACILITATE THE FRED & SUSAN DAILEY BUILDING NEW MARKET TAX CREDITS TRANSACTION FOR THE SOLE BENEFIT OF THE MEN'S CENTER, INCORPORATED.

Program Service Accomplishments

Program 1
Expenses: $311,960 Revenue: $195,851

HOPE HARBOR QALICB PROVIDES AFFORDABLE HOUSING FOR THE LOCAL POPULATION INCLUDING VETERANS AND LOW INCOME INDIVIDUALS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $195,851
Investment Income $126,811
Other Revenue $0
TOTAL REVENUE $322,662

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $311,960
Other Expenses $417,133
TOTAL EXPENSES $417,133

Year-over-Year Comparison

2023 2022 Change
Revenue $322,662 $885,732 -0.6%
Expenses $417,133 $346,618 +0.2%
Net Income $-94,471 $539,114 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
1
Employees
N/A
Volunteers
1

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
1
$145,960
Total Directors
2
$145,960
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN BRINKMAN Secretary 10.00
Officer Director
$0 $0 $145,960
ANDREW MARTIN Chairman 0.25
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 $322,662 $417,133 $17,901,273 $-94,471
2023 $885,732 $346,618 $17,928,827 $539,114
2022 $445,559 $1,228,779 $17,806,075 $-783,220
2021 $8,916 $977,131 $18,956,795 $-968,215
2020 No data $272,175 $20,767,411 No data
2019 $428,315 $320,483 $22,760,903 $107,832
2018 $5,004,484 $143,129 $19,812,383 $4,861,355
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