Hope House of Tennessee Inc

EIN: 833619804 501(c)(3) Housing & Shelter

NASHVILLE, TN

Total Revenue
$325,908
Total Expenses
$64,795
Total Assets
$1,429,956
Net Assets
$1,429,956
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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
2019
Legal Domicile
TN
Phone
6153370134
Tax Period
2024-01-01 to 2024-12-31

Hope House of Tennessee Inc, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $326K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $261K, a strong 80% operating margin.

Mission

By creating a safe and structured two year residential program the Hope House of Tennessee will aim to equip and empower personal and educational growth economic self-sufficiency and a deeper understanding of Christs unconditional love.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $265,711
Program Service Revenue $0
Investment Income $60,197
Other Revenue $0
TOTAL REVENUE $325,908

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,825
Fundraising Expenses $5,899
Program Expenses $54,888
Other Expenses $10,846
TOTAL EXPENSES $64,795

Year-over-Year Comparison

2024 2023 Change
Revenue $325,908 $259,739 +0.3%
Expenses $64,795 $61,673 +0.1%
Net Income $261,113 $198,066 +0.3%
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
2
Employees
1
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
1
$50,000
Total Directors
3
$0
Key Employees
1
$50,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lindsey Norton Founder Executive Director 40.00
Officer Key Emp Highest
$50,000 $0 $50,000
James Darter Individual Director 10.00
Director
$0 $0 $0
David Ott Individual Director 2.00
Director
$0 $0 $0
Lauren Smith Individual Director 2.00
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 $325,908 $64,795 $1,429,956 $261,113
2023 $259,739 $61,673 $1,164,407 $198,066
2022 $289,413 $13,815 $966,295 $275,598
2021 $610,761 $3,747 $690,697 $607,014
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