Together In Hope Project

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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

Gary Aamodt

Phone

9523033218

Tax Period

2022-01-01 to 2022-12-31

Together In Hope Project, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $220K in total revenue in fiscal year 2022.

Mission

The mission of Together In Hope Project is to create music-anchored projects to address identified needs and opportunities for healing and reconciliation.

Program Service Accomplishments

Program 1

Expenses: $202,510 Revenue: $219,338

Together In Hope Project partnered with USA for UNHCR (the UN Refugee Agency) to create "The Stranger", a project designed to raise global awareness about refugees and displaced persons, and to raise funds for humanitarian aid for refugees. New projects focused on issues of our shared humanity are in development.

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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 (2022)

Revenue Breakdown

Contributions & Grants $219,338

Program Service Revenue $0

Investment Income $0

Other Revenue $860

TOTAL REVENUE $220,198

Expense Breakdown

Grants Paid $0

Salaries & Benefits $71,377

Fundraising Expenses $0

Program Expenses $202,510

Other Expenses $159,542

TOTAL EXPENSES $230,919

Year-over-Year Comparison

	2022	2021	Change
Revenue	$220,198	N/A	N/A
Expenses	$230,919	N/A	N/A
Net Income	$-10,721	$0	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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
Gary Aamodt	Director, President	20.00	Officer Director	$0	$0	$0
Celia Ellingson	Director, Treasurer	20.00	Officer Director	$0	$0	$0
Diane Shelgren	Director, Vice President	5.00	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
2024	No data	No data	No data	No data
2022	$220,198	$230,919	$10,011	$-10,721
2018	$299,995	$268,889	$31,106	$31,106