HOPE CENTER OF HENDERSONVILLE (EIN 824305125) - 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

PEGGY ALLEN

Phone

8283299978

Tax Period

2024-01-01 to 2024-12-31

HOPE CENTER OF HENDERSONVILLE, founded in 2018, is a small nonprofit in the Religion sector that reported $960K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $162K, a strong 17% operating margin.

Mission

IT IS OUR MISSION TO NUTURE AN ENVIRONMENT WHERE INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES ARE VALUED, PROVIDED OPPORTUNITIES, AND TREATED WITH GOD'S LOVE AND COMPASSION.

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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 $372,833

Program Service Revenue $587,072

Investment Income $0

Other Revenue $0

TOTAL REVENUE $959,905

Expense Breakdown

Grants Paid $0

Salaries & Benefits $486,057

Fundraising Expenses $0

Program Expenses $779,517

Other Expenses $311,518

TOTAL EXPENSES $797,575

Year-over-Year Comparison

	2024	2023	Change
Revenue	$959,905	$1,017,527	-0.1%
Expenses	$797,575	$579,406	+0.4%
Net Income	$162,330	$438,121	-0.6%

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

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

$75,354

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PEGGY ALLEN	EXECUTIVE DI	40.00	Officer	$75,354	$0	$75,354
DIANA DERMID	DIRECTOR	N/A	Director	$0	$0	$0
LYNN EASLER	DIRECTOR	N/A	Director	$0	$0	$0
STEVE EASLER	DIRECTOR	N/A	Director	$0	$0	$0
JERRY FRISBEE	DIRECTOR	N/A	Director	$0	$0	$0
CINDY GREER	DIRECTOR	N/A	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
2025	No data	No data	No data	No data
2024	$959,905	$797,575	$903,624	$162,330
2023	$1,017,527	$579,406	$935,907	$438,121
2022	$550,947	$485,932	$517,179	$65,015
2021	$548,192	$464,650	$481,259	$83,542

HOPE CENTER OF HENDERSONVILLE