The Healing of Hope Foundation

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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

Miyume McKinley

Phone

4243788933

Tax Period

2023-01-01 to 2023-12-31

The Healing of Hope Foundation, founded in 2018, is a small nonprofit in the Mental Health sector that reported $251K in total revenue in fiscal year 2023. Expenses of $223K left a modest 11% surplus.

Mission

The goal of The Healing Hope Foundation is to promote mental health awareness and break the stigma by providing mental health training to employees of schools and businesses, hosting therapy groups on school campuses to aid children and adolescents in developing positive coping skills, hosting mental health education workshops to educate individu

Program Service Accomplishments

Program 1

Expenses: $223,273

Services include but are not limited to Tutoring, Financial Management Classes, Self-defense classes, Group Therapy, Yoga, Parenting classes, Art Therapy, Children and Teen therapy group, Self-Care...

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $250,983

Investment Income $0

Other Revenue $0

TOTAL REVENUE $250,983

Expense Breakdown

Grants Paid $0

Salaries & Benefits $102,296

Fundraising Expenses $0

Program Expenses $223,273

Other Expenses $120,977

TOTAL EXPENSES $223,273

Year-over-Year Comparison

	2023	2022	Change
Revenue	$250,983	$255,100	0.0%
Expenses	$223,273	$258,617	-0.1%
Net Income	$27,710	$-3,517	-8.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Miyume Mckinley	Executive Director	025.00	Director	$0	$0	$0
Barbara Jackson-Gaspard	President	002.00	Officer	$0	$0	$0
Ingrid Medina	Secretary	002.00	Officer	$0	$0	$0
LaQuisha McKinley	Vice President	002.00	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
2024	No data	No data	No data	No data
2023	$250,983	$223,273	$2,007	$27,710
2022	$255,100	$258,617	$345	$-3,517