HOPE'S PROMISE INC (EIN 841156963) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

ELIZABETH WOODS

Phone

3036600277

Tax Period

2024-01-01 to 2024-12-31

HOPE'S PROMISE INC, founded in 1991, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2024.

Mission

TO STRENGTHEN FAMILIES THROUGH ETHICAL, CHRIST-CENTERED FOSTER CARE, ADOPTION, AND GLOBAL ORPHAN CARE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $951,500

Program Service Revenue $428,445

Investment Income $7,243

Other Revenue $35,219

TOTAL REVENUE $1,422,407

Expense Breakdown

Grants Paid $0

Salaries & Benefits $878,892

Fundraising Expenses $96,542

Program Expenses $1,251,378

Other Expenses $638,394

TOTAL EXPENSES $1,517,286

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,422,407	$1,359,158	+0.0%
Expenses	$1,517,286	$1,475,498	+0.0%
Net Income	$-94,879	$-116,340	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

121

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

$108,819

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH MORGAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
RUSSELL DEBENPORT	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DAVID BRIGGS	SECRETARY	1.00	Officer Director	$0	$0	$0
ERIC VARNER	TREASURER	1.00	Officer Director	$0	$0	$0
BECKY HUFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
DAN DEMEY	DIRECTOR	1.00	Director	$0	$0	$0
MIKE LEDEBOER	DIRECTOR	1.00	Director	$0	$0	$0
BETH SHEVELAND	MEMBER	1.00	Director	$0	$0	$0
MARK SHEVELAND	DIRECTOR	1.00	Director	$0	$0	$0
BETH BROWN RICH	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH WOODS	EXECUTIVE DI	40.00	Director	$105,695	$3,124	$108,819

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	$1,422,407	$1,517,286	$1,263,566	$-94,879
2023	$1,359,158	$1,475,498	$1,344,904	$-116,340
2022	$1,201,727	$1,296,268	$1,471,963	$-94,541
2021	$1,512,971	$1,108,693	$1,602,500	$404,278
2020	$1,012,903	$981,554	$708,613	$31,349
2019	$1,054,616	$1,082,195	$569,424	$-27,579
2018	$1,053,937	$977,026	$604,920	$76,911

HOPE'S PROMISE INC