COMMUNITY OF HOPE (EIN 824611655) - 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

MICHAEL SMITH ESQ

Phone

2167768088

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY OF HOPE, founded in 2018, is a small nonprofit in the Youth Development sector that reported $393K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $144K, a strong 37% operating margin.

Mission

TO BUILD LASTING RELATIONSHIPS, NURTURE HOPE, AND RESTORE DIGNITY BY CREATING FAMILY-LIKE RELATIONSHIPS FOR CLEVELAND'S YOUTH. WE CONNECT YOUNG ADULTS & YOUNG FAMILIES TO GROUPS OF COMMITTED VOLUNTEERS FROM THE COMMUNITY, USING A NATIONAL MODEL TO BUILD PERMANET SUPPORTIVE RELATIONSHIPS THAT TRANSFORM LIVES AROUND OUR REGION.

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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 $361,111

Program Service Revenue $1,896

Investment Income $93

Other Revenue $30,331

TOTAL REVENUE $393,431

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,285

Fundraising Expenses $0

Program Expenses $218,691

Other Expenses $70,919

TOTAL EXPENSES $249,204

Year-over-Year Comparison

	2023	2022	Change
Revenue	$393,431	$342,698	+0.1%
Expenses	$249,204	$200,277	+0.2%
Net Income	$144,227	$142,421	+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

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
MELONIE FLUKER BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
ABBIE DONOVAN	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS DONOVAN	DIRECTOR	1.00	Director	$0	$0	$0
DONNA FLYNT	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY HELTON	DIRECTOR	1.00	Director	$0	$0	$0
DR MARSHEENA MURRAY	DIRECTOR	1.00	Director	$0	$0	$0
ALEXIS OSTER	DIRECTOR	1.00	Director	$0	$0	$0
BARB SULLIVAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SMITH ESQ	PRESIDENT	2.00	Officer	$0	$0	$0
ELIZABETH LOVEMAN	TREASURER	2.00	Officer	$0	$0	$0
CATHY MCPHILLIPS	SECRETARY	2.00	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	$393,431	$249,204	$586,361	$144,227
2022	$342,698	$200,277	$465,197	$142,421
2021	$333,082	$310,161	$322,776	$22,921
2020	$397,655	$256,872	$299,855	$140,783
2019	$274,031	$242,008	$204,072	$32,023
2019	$274,031	$242,008	$204,072	$32,023
2018	$231,196	$104,195	$127,049	$127,001

COMMUNITY OF HOPE