MY HOPE FOUNDATION INC (EIN 832888703) - 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

AVIMAEL AREVALO

Phone

3053369678

Tax Period

2024-01-01 to 2024-12-31

MY HOPE FOUNDATION INC, founded in 2018, is a micro nonprofit in the Housing & Shelter sector that reported $68K in total revenue in fiscal year 2024. Revenue surged 1439% from the prior year, signaling strong growth momentum. Expenses of $75K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE MISSION IS TO PROVIDE AFFORDABLE HOUSING AND HUMANITARIAN RELIEF TO INDIVIDUALS IN NEED BOTH DOMESTIC AND INTERNATIONAL.

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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 $0

Program Service Revenue $0

Investment Income $68,202

Other Revenue $0

TOTAL REVENUE $68,202

Expense Breakdown

Grants Paid $71,565

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $71,565

Other Expenses $3,864

TOTAL EXPENSES $75,429

Year-over-Year Comparison

	2024	2023	Change
Revenue	$68,202	$4,432	+14.4%
Expenses	$75,429	$60,079	+0.3%
Net Income	$-7,227	$-55,647	-0.9%

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

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
AVIMAEL AREVALO	PRESIDENT	1.00	Officer Director	$0	$0	$0
ODALYS AREVALO	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
JOSUE BINADI AREVALO	TREASURER	1.00	Officer Director	$0	$0	$0
NATHALIE AREVALO	SECRETARY	1.00	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	$68,202	$75,429	$1,834,588	$-7,227
2023	$4,432	$60,079	$1,841,815	$-55,647
2022	$41,663	$40,279	$1,897,462	$1,384
2021	$-14,760	$32,161	$1,896,078	$-46,921
2020	$1,584,628	$7,352	$1,942,999	$1,577,276
2019	$369,535	$3,812	$365,723	$365,723

MY HOPE FOUNDATION INC