NEW HOPE VOCATIONAL TECHNICAL INST

EIN: 823392956 501(c)(3) Education

FORT PIERCE, FL

Total Revenue
$186,700
Total Expenses
$178,424
Total Assets
$414,004
Net Assets
$414,004
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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
2018
Legal Domicile
FL
Tax Period
2020-01-01 to 2020-12-31

NEW HOPE VOCATIONAL TECHNICAL INST, founded in 2018, is a small nonprofit in the Education sector that reported $187K in total revenue in fiscal year 2020. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $178K left a modest 4% surplus.

Mission

VOCATIONAL AND TECHNICAL ADULT EDUCATION

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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 $186,700
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $186,700

Expense Breakdown

Grants Paid $67,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $178,424
Other Expenses $111,424
TOTAL EXPENSES $178,424

Year-over-Year Comparison

2020 2019 Change
Revenue $186,700 $320,560 -0.4%
Expenses $178,424 $246,445 -0.3%
Net Income $8,276 $74,115 -0.9%
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
2
Independent Members
2
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN A HEDDINGS VICE PRESIDENT 0.00
Officer
$0 $0 $0
DONALD C PUTNAM PRESIDENT 5.00
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
2020 $186,700 $178,424 $414,004 $8,276
2019 $320,560 $246,445 $393,349 $74,115
2018 $272,600 $7,601 $300,806 $264,999
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