Hope worldwide Massachusetts Inc (EIN 825498667) - 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

GARY SLEBODNICK

Phone

5088482405

Tax Period

2024-01-01 to 2024-06-30

Hope worldwide Massachusetts Inc, founded in 2018, is a small nonprofit that reported $137K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $176K exceeded revenue, resulting in a 29% operating deficit.

Mission

To change lives through compassion & commitment to deliver need-based services to the needy.

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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 $135,750

Program Service Revenue $0

Investment Income $3,933

Other Revenue $-2,774

TOTAL REVENUE $136,909

Expense Breakdown

Grants Paid $60,000

Salaries & Benefits $1,558

Fundraising Expenses $1,912

Program Expenses $172,659

Other Expenses $114,704

TOTAL EXPENSES $176,262

Year-over-Year Comparison

	2023	2022	Change
Revenue	$136,909	$327,854	-0.6%
Expenses	$176,262	$388,551	-0.5%
Net Income	$-39,353	$-60,697	-0.4%

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

550

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
DR KEN LOWEY	EXECUTIVE DIRECTOR	1.0	Officer Director	$0	$0	$0
OBIAGELI UKADIKE	PRESIDENT	1.0	Officer Director	$0	$0	$0
RUSS HARGROVE	DIRECTOR/RELATED ORG. CEO	1.0	Director	$0	$0	$0
GARY SLEBODNICK	TREASURER	1.0	Officer Director	$0	$0	$0
MELISSA SHEETOO	CLERK	1.0	Officer Director	$0	$0	$0
MILTON DRAKE	DIRECTOR	1.0	Director	$0	$0	$0
DEBBIE DRAKE	DIRECTOR	1.0	Director	$0	$0	$0
JIMMY ROGERS	DIRECTOR	1.0	Director	$0	$0	$0
KEN OSTROWSKI	DIRECTOR	1.0	Director	$0	$0	$0
MICHAEL LAMB	DIRECTOR	1.0	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	$136,909	$176,262	$327,282	$-39,353
2023	$327,854	$388,551	$309,313	$-60,697
2022	$535,851	$391,530	$363,621	$144,321
2021	$388,052	$333,890	$212,689	$54,162
2020	$272,113	$241,158	$159,184	$30,955
2019	$400,864	$281,295	$127,870	$119,569

Hope worldwide Massachusetts Inc