TREASURES OF HOPE FOUNDATION (EIN 824947165) - 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 L MITCHELL

Phone

7176698161

Tax Period

2024-01-01 to 2024-12-31

TREASURES OF HOPE FOUNDATION, founded in 2018, is a micro nonprofit in the Religion sector that reported $10 in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $68K exceeded revenue, resulting in a 682760% operating deficit.

Mission

THE MISSION OF THE ORGANIZATION IS TO SUPPORT THE MISSION OF TREASURES MARKETS BENEFIT LLC, A PENNSYLVANIA BENEFIT COMPANY. THE MISSION OF THE ORGANIZATION IS ALSO TO IMPROVE THE LIVES OF THOSE IN THE COMMUNITIES SERVICED BY TREASURE MARKETS BENEFIT LLC BY DISTRIBUTING SURPLUS FUNDS TO OTHER NON-PROFIT ORGANIZATIONS THAT FEED AND CLOTHE THE POOR AND BY OFFERING A VARIETY OF CAREER TRAINING AND EMPLOYMENT OPPORTUNITIES, WITH A SPECIAL EMPHASIS ON INDIVIDUALS WITH DISABILITIES AND THOSE FACING LONG- TERM UNEMPLOYMENT, ALL THE WHILE KEEPING UNWANTED AND UNNEEDED ITEMS OUT OF THE WASTE STREAM.

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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 $0

Program Service Revenue $0

Investment Income $10

Other Revenue $0

TOTAL REVENUE $10

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $64,920

Other Expenses $68,286

TOTAL EXPENSES $68,286

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10	$18	-0.4%
Expenses	$68,286	$98,284	-0.3%
Net Income	$-68,276	$-98,266	-0.3%

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
MICHAEL L MITCHELL	CHAIR	1.00	Officer	$0	$0	$0
JAMES S REEB	TREASURER	0.25	Officer	$0	$0	$0
TOM MORRELL	SECRETARY	0.25	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	$10	$68,286	$2,885,655	$-68,276
2023	$18	$98,284	$2,935,891	$-98,266
2022	$15,069	$199,291	$2,967,558	$-184,222
2021	$1,111,310	$355,517	$2,205,503	$755,793
2020	$105,516	$338,855	$1,717,145	$-233,339

TREASURES OF HOPE FOUNDATION