FARMING HOPE (EIN 832393341) - 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

2020

Legal Domicile

Phone

4155801843

Tax Period

2024-01-01 to 2024-12-31

FARMING HOPE, founded in 2020, is a community nonprofit in the Employment sector that reported $4.1M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $823K, a strong 20% operating margin.

Mission

FARMING HOPE'S MISSION IS THREE-FOLD: 1) THE ORGANIZATION PROVIDES JOB TRAINING FOR HOMELESS FOLKS AND PEOPLE WITH CRIMINAL HISTORIES, 2) FARMING HOPE PROVIDES MEALS AND GROCERIES FOR LOW INCOME FAMILIES, AND 3) FARMING HOPE SEEKS TO MINIMIZE FOOD WASTE BY SOURCING FOOD ITEMS THAT ARE COSMETICALLY IMPERFECT.

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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 $3,033,245

Program Service Revenue $1,045,597

Investment Income $153

Other Revenue $39,281

TOTAL REVENUE $4,118,276

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,682,915

Fundraising Expenses $225,786

Program Expenses $2,833,800

Other Expenses $1,612,593

TOTAL EXPENSES $3,295,508

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,118,276	$3,245,695	+0.3%
Expenses	$3,295,508	$2,724,382	+0.2%
Net Income	$822,768	$521,313	+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

101

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

$223,457

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KERRY RODGERS	CO-EXEC DIR	45.00	Officer	$121,399	$0	$121,399
ANDREA SOBREPENA	CO-EXEC DIR	45.00	Officer	$95,132	$6,926	$102,058
STEPHANIE WEILER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
Ilana Lipsett	Director	1.00	Director	$0	$0	$0
Salim Shariff	Director	1.00	Director	$0	$0	$0
TRICIA CHANDIRAMANI	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MICHELLE MINORI	Secretary	1.00	Officer Director	$0	$0	$0
MADDY SHANNON	Treasurer	1.00	Officer Director	$0	$0	$0
JOAN HANAWI	Director	1.00	Director	$0	$0	$0
KATHY GU	Director	1.00	Director	$0	$0	$0
BECCA PLOFKER	Director	1.00	Director	$0	$0	$0
NOA DAVIDSON	Director	1.00	Director	$0	$0	$0
SARAH SALOMON	Director	1.00	Director	$0	$0	$0
VICTOR SMITH	Director	1.00	Director	$0	$0	$0
HECTOR CALDERON	Director	1.00	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
2024	$4,118,276	$3,295,508	$4,124,872	$822,768
2023	$3,245,695	$2,724,382	$3,406,061	$521,313
2022	$2,512,445	$2,616,700	$2,928,914	$-104,255
2022	$2,510,747	$2,598,058	$930,732	$-87,311
2021	$1,867,528	$1,640,491	$851,628	$227,037
2020	$1,238,191	$730,279	$629,103	$507,912

FARMING HOPE