HOPE NETWORK RECOVERY (EIN 832799527) - 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

ANDRE PIERRE

Phone

6163018000

Tax Period

2018-12-12 to 2019-09-30

HOPE NETWORK RECOVERY, founded in 2018, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2018. Expenses of $4.3M exceeded revenue, resulting in a 288% operating deficit.

Mission

IN CHRISTIAN SERVICE, HOPE NETWORK EMPOWERS PEOPLE TO OVERCOME CHALLENGES TO ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE.

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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 (2018)

Revenue Breakdown

Contributions & Grants $16,137

Program Service Revenue $1,098,635

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,114,772

Expense Breakdown

Grants Paid $0

Salaries & Benefits $783,659

Fundraising Expenses $0

Program Expenses $1,588,417

Other Expenses $3,537,794

TOTAL EXPENSES $4,321,453

Year-over-Year Comparison

	2018	2017	Change
Revenue	$1,114,772	N/A	N/A
Expenses	$4,321,453	N/A	N/A
Net Income	$-3,206,681	N/A	N/A

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

N/A

Employees

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

$930,202

Total Directors

$930,202

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP W WEAVER	PRESIDENT	0.30	Officer Director	$0	$32,601	$457,500
RICHARD FABBRINI	FORMER TREASURER	0.30	Officer Director	$0	$12,516	$200,006
TIMOTHY BECKER	SECRETARY	0.30	Officer Director	$0	$18,539	$190,342
LARRY JONGEKRIJG	TREASURER	0.30	Officer Director	$0	$2,437	$82,354
CHRISTOPHER STEMLER	FORMER SECRETARY	0.00		$0	$8,766	$168,503

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
2019	$1,114,772	$4,321,453	$416,083	$-3,206,681

HOPE NETWORK RECOVERY