HOPE 365

EIN: 832886827 501(c)(3) Medical Research

MADISON HEIGHTS, MI

Total Revenue
$294,039
Total Expenses
$289,477
Total Assets
$139,901
Net Assets
$139,901
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MI
Principal Officer
DEBORAH MONROE
Phone
5862303040
Tax Period
2024-01-01 to 2024-12-31

HOPE 365, founded in 2019, is a small nonprofit in the Medical Research sector that reported $294K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum.

Mission

SAME NBSP;AS NBSP;ABOVE

Program Service Accomplishments

Program 1
Expenses: $337,140 Revenue: $294,039

SAME NON PROFIT OPERATION AS LAST YEAR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $294,039
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $294,039

Expense Breakdown

Grants Paid $0
Salaries & Benefits $201,508
Fundraising Expenses $0
Program Expenses $337,140
Other Expenses $87,969
TOTAL EXPENSES $289,477

Year-over-Year Comparison

2024 2023 Change
Revenue $294,039 $171,372 +0.7%
Expenses $289,477 $456,205 -0.4%
Net Income $4,562 $-284,833 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
Employees
13
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
0
$0
Total Directors
1
$47,663
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBORAH MONROE DIRECTOR 040.00
Director
$47,663 $0 $47,663
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
2024 $294,039 $289,477 $139,901 $4,562
2023 $171,372 $456,205 $135,339 $-284,833
2023 $171,372 $456,205 $135,339 $-284,833
2022 $589,313 $381,324 $420,172 $207,989
2021 $278,493 $73,068 $205,768 $205,425
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HOPE 365 with other nonprofits in Michigan and across the country.