REAL HOPE INC

EIN: 843359872 501(c)(3) Food, Agriculture & Nutrition

PRESCOTT VALLEY, AZ

Total Revenue
$7,050,145
Total Expenses
$7,048,450
Total Assets
$49,217
Net Assets
$49,217
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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
AZ
Tax Period
2023-01-01 to 2023-12-31

REAL HOPE INC, founded in 2019, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $7.1M in total revenue in fiscal year 2023. Revenue surged 134% from the prior year, signaling strong growth momentum.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,050,145
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $7,050,145

Expense Breakdown

Grants Paid $6,945,934
Salaries & Benefits $0
Fundraising Expenses $166
Program Expenses $7,043,484
Other Expenses $102,516
TOTAL EXPENSES $7,048,450

Year-over-Year Comparison

2023 2022 Change
Revenue $7,050,145 $3,006,968 +1.3%
Expenses $7,048,450 $2,992,583 +1.4%
Net Income $1,695 $14,385 -0.9%
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
5
Independent Members
5
Employees
N/A
Volunteers
45

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM ERIXON DIRECTOR 8.50
Director
$0 $0 $0
JOE KRONEWITTER DIRECTOR 8.30
Director
$0 $0 $0
JOANNE CHAFFEUR SECRETARY 8.50
Officer Director
$0 $0 $0
MERCIE REYES TREASURER 35.00
Officer Director
$0 $0 $0
DANIEL CARRILLO PRESIDENT 72.00
Officer 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 $7,050,145 $7,048,450 $49,217 $1,695
2022 $3,006,968 $2,992,583 $60,256 $14,385
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