HOPE NORTH CAROLINA INC

EIN: 843522239 501(c)(3) Human Services

CHAPEL HILL, NC

Total Revenue
$343,777
Total Expenses
$242,000
Total Assets
$246,864
Net Assets
$245,497
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NC
Principal Officer
ORAH RAIA
Phone
9198839290
Tax Period
2023-07-01 to 2024-06-30

HOPE NORTH CAROLINA INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $344K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $102K, a strong 30% operating margin.

Mission

HOPE NORTH CAROLINA'S MISSION IS TO CREATE INCLUSIVE COMMUNITIES WHERE PEOPLE OF ALL ABILITIES AND AGES ENGAGE WITH EACH OTHER. WE ARE WORKING TO BRING TOGETHER STAKEHOLDERS TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING WHERE PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND OLDER ADULTS LIVE SIDE-BY-SIDE AS NEIGHBORS WHO EXPERIENCE A SENSE OF BELONGING, WITH A CULTURE OF ACCEPTANCE AND INTERDEPENDENCE.

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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 $340,249
Program Service Revenue $0
Investment Income $1,698
Other Revenue $1,830
TOTAL REVENUE $343,777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $104,937
Fundraising Expenses $38,508
Program Expenses $171,019
Other Expenses $137,063
TOTAL EXPENSES $242,000

Year-over-Year Comparison

2023 2022 Change
Revenue $343,777 $303,045 +0.1%
Expenses $242,000 $216,556 +0.1%
Net Income $101,777 $86,489 +0.2%
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

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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
11
Independent Members
11
Employees
2
Volunteers
62

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
5
$65,351
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA WELLS EXECUTIVE DI 40.00
Officer
$65,351 $0 $65,351
GINNY DROPKIN SECRETARY 15.00
Officer Director
$0 $0 $0
GINGER ESPINO BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL FOGLEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ALISA GINYARD BOARD MEMBER 1.00
Director
$0 $0 $0
BARRETT JOYNER BOARD MEMBER 6.00
Director
$0 $0 $0
RANDY MCNEILL TREASURER 5.00
Officer Director
$0 $0 $0
COLIN MELLOR VICE PRESIDE 2.00
Officer Director
$0 $0 $0
ALEX NICKODEM BOARD MEMBER 1.00
Director
$0 $0 $0
GRANT PEARSON BOARD MEMBER 1.00
Director
$0 $0 $0
ORAH RAIA PRESIDENT 15.00
Officer Director
$0 $0 $0
HOLLY RIDDLE BOARD MEMBER 1.00
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
2025 No data No data No data No data
2024 $343,777 $242,000 $246,864 $101,777
2023 $303,045 $216,556 $144,823 $86,489
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