HOPE REVITALIZATION CORPORATION (EIN 824411068) - 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

ERWARD PHILLIPS

Phone

5045206787

Tax Period

2022-07-01 to 2023-06-30

HOPE REVITALIZATION CORPORATION, founded in 2018, is a micro nonprofit that reported $23K in total revenue in fiscal year 2022. The organization ran a surplus of $17K, a strong 74% operating margin.

Mission

TO HELP REVITALIZE NEIGHBORHOODS BY PROMOTING AND PREVENTING RESIDENTIAL AND COMMERCIAL OPPORTUNITIES AND TO ACQUIRE PROPERTIES TO TRANSFORM THE SURROUNDING AREAS OF XAVIER UNIVERSITY.

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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 $0

Program Service Revenue $23,400

Investment Income $0

Other Revenue $0

TOTAL REVENUE $23,400

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,192

Other Expenses $6,192

TOTAL EXPENSES $6,192

Year-over-Year Comparison

	2022	2021	Change
Revenue	$23,400	$22,850	+0.0%
Expenses	$6,192	$6,192	N/A
Net Income	$17,208	$16,658	+0.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SONIA PEREZ	TRUSTEE	N/A	Director	$0	$0	$0
ERWARD PHILLIPS	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
MICHAEL RUE	TRUSTEE	N/A	Director	$0	$0	$0
C REYNOLD VERRET	PRESIDENT	N/A	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$23,400	$6,192	$1,660,635	$17,208
2021	$310,911	$4,837	$1,626,769	$306,074
2020	$237,735	$1,740	$1,320,695	$235,995
2019	$1,084,000	No data	$1,084,000	No data

HOPE REVITALIZATION CORPORATION