HOPE FAMILY THERAPY INC

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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

ERIC J PARKS

Phone

9136740057

Tax Period

2023-01-01 to 2023-12-31

HOPE FAMILY THERAPY INC, founded in 2018, is a small nonprofit in the Mental Health sector that reported $448K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $422K left a modest 6% surplus.

Mission

TO PROVIDE QUALITY CARE THAT IS AFFORDABLE TO AS MANY PEOPLE AS POSSIBLE IN ATCHISON, KS AND THE SURROUNDING AREA.

Program Service Accomplishments

Program 1

Expenses: $377,578 Revenue: $301,490

TO PROVIDE AFFORDABLE QUALITY THERAPY CARE TO PEOPLE IN THE ATCHISON, KS AND SURROUNDING AREA. THE ORGANIZATION FOCUSES ON DEPRESSION, ANXIETY AND TRAUMA RELATED ISSUES WITH PATIENTS.

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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 $144,983

Program Service Revenue $301,490

Investment Income $1,033

Other Revenue $0

TOTAL REVENUE $447,506

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,913

Fundraising Expenses $0

Program Expenses $377,578

Other Expenses $384,601

TOTAL EXPENSES $421,514

Year-over-Year Comparison

	2023	2022	Change
Revenue	$447,506	$395,330	+0.1%
Expenses	$421,514	$333,140	+0.3%
Net Income	$25,992	$62,190	-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

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
RACHEL DANNER	BOARD MEMBER	N/A	Director	$0	$0	$0
ERIC J PARKS	SECRETARY	N/A	Officer Director	$0	$0	$0
CHARLES PEITSCH	TREASURER	N/A	Officer Director	$0	$0	$0
MICHELLE PRUESSNER	PRESIDENT	N/A	Officer Director	$0	$0	$0
TYLER SHEPHERD	BOARD MEMBER	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	No data	No data	No data	No data
2023	$447,506	$421,514	$224,366	$25,992
2022	$395,330	$333,140	$197,559	$62,190
2021	$254,092	$198,976	$160,370	$55,116