ASSURED HOPE MINISTRIES INC (EIN 823985860) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

William Miller

Phone

6023733364

Tax Period

2024-01-01 to 2024-12-31

ASSURED HOPE MINISTRIES INC, founded in 2018, is a small nonprofit in the Religion sector that reported $263K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $235K left a modest 11% surplus.

Mission

HELP THE NEEDY, ORPHANS BUILD CHURCHES

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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 (2024)

Revenue Breakdown

Contributions & Grants $262,715

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $262,715

Expense Breakdown

Grants Paid $109,943

Salaries & Benefits $38,778

Fundraising Expenses $0

Program Expenses $182,900

Other Expenses $86,400

TOTAL EXPENSES $235,121

Year-over-Year Comparison

	2024	2023	Change
Revenue	$262,715	$192,523	+0.4%
Expenses	$235,121	$188,856	+0.2%
Net Income	$27,594	$3,667	+6.5%

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

N/A

Employees

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

$48,281

Total Directors

$48,281

Key Employees

$12,500

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM JOSEPH MILLER	DIRECTOR	050.00	Officer Director	$35,781	$0	$35,781
GABRIEL COVACI	DIRECTOR	010.00	Officer Director Key Emp Highest	$12,500	$0	$12,500
WILLIAM MILLER	DIRECTOR	005.00	Officer Director	$0	$0	$0
ALEXANDRA RICHELLE	DIRECTOR	005.00	Officer Director	$0	$0	$0
IOANA MILLER	DIRECTOR	040.00	Officer Director	$0	$0	$0
TODD PEDZOLD	DIRECTOR	005.00	Director	$0	$0	$0
RUDY RUDISILL	DIRECTOR	005.00	Director	$0	$0	$0
Michael Hamilton	DIRECTOR	003.00	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	$262,715	$235,121	$47,249	$27,594
2023	$192,523	$188,856	$19,655	$3,667
2022	$247,914	$288,772	$15,988	$-40,858

ASSURED HOPE MINISTRIES INC