HOPE COMMUNITIES INC (EIN 840829068) - 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

1980

Legal Domicile

Phone

3038607747

Tax Period

2024-01-01 to 2024-12-31

HOPE COMMUNITIES INC, founded in 1980, is a community nonprofit in the Housing & Shelter sector that reported $5.8M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

We strengthen communities and provide pathways to economic and personal opportunity through affordable housing, educational programs and support services.

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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 $2,037,795

Program Service Revenue $3,323,598

Investment Income $117,356

Other Revenue $291,040

TOTAL REVENUE $5,769,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,192,184

Fundraising Expenses $253,373

Program Expenses $5,376,593

Other Expenses $4,032,999

TOTAL EXPENSES $6,225,183

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,769,789	$4,617,030	+0.2%
Expenses	$6,225,183	$5,601,408	+0.1%
Net Income	$-455,394	$-984,378	-0.5%

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

Volunteers

331

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

$205,319

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sharon A Knight	President & CEO	40.00	Officer	$183,993	$21,326	$205,319
Brenda Roush	Development Director	40.00		$86,203	$17,654	$103,857
Stephanie Urban	Controller	40.00		$100,060	$822	$100,882
Greg Glade	Vice Chair	0.61	Director	$0	$0	$0
Masouda Omar	Board Member	0.69	Director	$0	$0	$0
Emily Charlesworth	Secretary	0.69	Officer Director	$0	$0	$0
Debbie Herrera	Board Member	0.42	Director	$0	$0	$0
Chuong Le	Chairman	0.74	Officer Director	$0	$0	$0
Nolly Foley-Healy	Board Member	0.60	Director	$0	$0	$0
Charlie Cummings	Board Member	0.60	Director	$0	$0	$0
Vanecia Kerr	Board Member	0.69	Director	$0	$0	$0
Thomas Bryan	Board Member	0.68	Director	$0	$0	$0
Tracey Stewart	Board Member	0.48	Director	$0	$0	$0
Joseph Espinosa	Board Member	0.71	Director	$0	$0	$0
Greg Shields	Treasurer	0.41	Officer Director	$0	$0	$0
Laurie Zeller	Board Member	1.11	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	$5,769,789	$6,225,183	$15,686,508	$-455,394
2023	$4,617,030	$5,601,408	$16,377,778	$-984,378
2022	$4,216,894	$4,896,663	$17,412,682	$-679,769
2021	$4,356,175	$2,822,143	$12,245,923	$1,534,032
2020	$2,948,621	$2,484,777	$11,416,629	$463,844
2019	$2,129,276	$2,125,572	$6,904,056	$3,704
2018	$2,306,177	$1,392,205	$6,881,111	$913,972

HOPE COMMUNITIES INC