Hope Alive Transformational Ministr

EIN: 833070028 501(c)(3) Health Care

Conway, AR

Total Revenue
$367,577
Total Expenses
$17,210
Total Assets
$350,367
Net Assets
$350,367
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
AR
Principal Officer
Brad Underwood
Tax Period
2019-01-01 to 2019-12-31

Hope Alive Transformational Ministr, founded in 2019, is a small nonprofit in the Health Care sector that reported $368K in total revenue in fiscal year 2019. The organization ran a surplus of $350K, a strong 95% operating margin.

Mission

Mission Statement: HOPE ALIVE exists to bring glory to God by helping those in addiction find hope and freedom through the power of Jesus Christ, the truth of His Word, and the help of His church.

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Trantor Score

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

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $367,577
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $367,577

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,573
Other Expenses $17,210
TOTAL EXPENSES $17,210

Year-over-Year Comparison

2019 2018 Change
Revenue $367,577 N/A N/A
Expenses $17,210 N/A N/A
Net Income $350,367 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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brad Underwood Chairman 12.00
Officer
$0 $0 $0
Jeremy Williams Vice Chairman 4.00
Officer
$0 $0 $0
Charles Lamey Sec Treas 2.00
Officer
$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
2019 $367,577 $17,210 $350,367 $350,367
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