I AM HOPEFUL INC

EIN: 842077250 501(c)(3)

TAMPA, FL

Total Revenue
$46,350
Total Expenses
$48,299
Total Assets
N/A
Net Assets
N/A
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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
2021
Legal Domicile
FL
Principal Officer
DAMARIS SANCHEZ
Phone
8138382507
Tax Period
2021-01-01 to 2021-12-31

I AM HOPEFUL INC, founded in 2021, is a micro nonprofit that reported $46K in total revenue in fiscal year 2021.

Mission

I AM HOPEFUL IS A NON-FOR-PROFIT ORGANIZATION SERVICING HOMELESS YOUTH 18-25 YEARS OLDCOMMA INCLUDING THOSE WHO AGED OUT OF FOSTER CARECOMMA AT RISK TO BECOME HOMELESSCOMMA AND DISPLACED.

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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 (2021)

Revenue Breakdown

Contributions & Grants $46,350
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $46,350

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $48,299
Other Expenses $48,299
TOTAL EXPENSES $48,299

Year-over-Year Comparison

2021 2020 Change
Revenue $46,350 N/A N/A
Expenses $48,299 N/A N/A
Net Income $-1,949 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

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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
14

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
$0
Total Directors
0
$0
Key Employees
2
$7,643
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAMARIS SANCHEZ REPRESENTANT N/A
Officer
$0 $0 $0
MILAGROS DE LA ROSA EMPLOYEE N/A
Key Emp
$6,918 $0 $6,918
PATRICIA MACHADO EMPLOYEE N/A
Key Emp
$725 $0 $725
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
2021 $46,350 $48,299 No data $-1,949
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