HOOKED ON HOPE

EIN: 832565137 501(c)(3) Diseases & Disorders

VIRGINIA BEACH, VA

Total Revenue
$175,796
Total Expenses
$175,717
Total Assets
$27,573
Net Assets
$27,573
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Principal Officer
MICHAEL ROBEY
Phone
7574727212
Tax Period
2023-01-01 to 2023-12-31

HOOKED ON HOPE, founded in 2018, is a small nonprofit in the Diseases & Disorders sector that reported $102K in total revenue in fiscal year 2022. Expenses of $91K left a modest 10% surplus.

Mission

PROVIDE FISHING AND FUN FOR PEDIATRIC CANCER PATIENTS AND FAMILIES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $45,000
Program Service Revenue $130,165
Investment Income $631
Other Revenue $0
TOTAL REVENUE $175,796

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $71,809
Program Expenses $92,667
Other Expenses $175,717
TOTAL EXPENSES $175,717

Year-over-Year Comparison

2023 2022 Change
Revenue $175,796 $106,596 +0.6%
Expenses $175,717 $94,934 +0.9%
Net Income $79 $11,662 -1.0%
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

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Governance

Voting Members
3
Independent Members
3
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM GARNER VICE PRESIDE N/A
Officer Director
$0 $0 $0
JOHN ROBERT HAWLEY TREASURER N/A
Officer Director
$0 $0 $0
MICHAEL ROBEY PRESIDENT N/A
Officer Director
$0 $0 $0
KRISTEN TURK SECRETARY N/A
Officer 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 No data No data No data No data
2023 $175,796 $175,717 $27,573 $79
2022 $106,596 $94,934 $27,494 $11,662
2022 $101,666 $91,305 $10,361 $10,361
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