NEW HOPE FOR FAMILIES (EIN 833676468) - 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

THERESE GRUBA

Phone

2185901785

Tax Period

2023-01-01 to 2023-12-31

NEW HOPE FOR FAMILIES, founded in 2018, is a small nonprofit in the Human Services sector that reported $176K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $52K, a strong 29% operating margin.

Mission

TO ASSIST AND HELP REMEDY THE GROWING SHORTFALL OF FOSTER CARE HOMES IN THE COMMUNITY BY RECRUITING AND SUPPORTING A NETWORK OF FOSTER CARE HOMES FOR CHILDREN NEEDING A SAFE PLACE TO STAY DURING TIMES OF TRAUMA & TRANSITION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $68,507

Program Service Revenue $48,000

Investment Income $0

Other Revenue $59,430

TOTAL REVENUE $175,937

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $118,560

Other Expenses $124,042

TOTAL EXPENSES $124,042

Year-over-Year Comparison

	2023	2022	Change
Revenue	$175,937	$138,481	+0.3%
Expenses	$124,042	$118,399	+0.0%
Net Income	$51,895	$20,082	+1.6%

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
JOE FISCHER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JAMES GRUBA	BOARD MEMBER	N/A	Director	$0	$0	$0
THERESE GRUBA	PRESIDENT	N/A	Officer Director	$0	$0	$0
DEAN MATVEY	TREASURER	N/A	Officer Director	$0	$0	$0
JR RUGG	SECRETARY	N/A	Officer Director	$0	$0	$0
MELISSA RUGG	BOARD MEMBER	N/A	Director	$0	$0	$0
ANGELA TORGESON	BOARD MEMBER	N/A	Director	$0	$0	$0
BRANDON TORGESON	BOARD MEMBER	N/A	Director	$0	$0	$0
GARY VALINE	BOARD MEMBER	N/A	Director	$0	$0	$0
VALERIE VALINE	BOARD MEMBER	N/A	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	No data	No data	No data	No data
2023	$175,937	$124,042	$714,486	$51,895
2022	$138,481	$118,399	$662,591	$20,082
2021	$131,988	$85,357	$642,509	$46,631
2020	$86,094	$87,768	$595,878	$-1,674
2019	$632,414	$37,097	$597,552	$595,317

NEW HOPE FOR FAMILIES