MISSION OF HOPE RECOVERY NETWORK INC

EIN: 843763036 501(c)(3)

BELLEVILLE, IL

Total Revenue
$283,834
Total Expenses
$325,546
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
2019
Legal Domicile
IL
Principal Officer
Carl Baumann
Phone
6185583070
Tax Period
2022-01-01 to 2022-12-31

MISSION OF HOPE RECOVERY NETWORK INC, founded in 2019, is a small nonprofit that reported $284K in total revenue in fiscal year 2022. Revenue surged 4631% from the prior year, signaling strong growth momentum. Expenses of $326K exceeded revenue, resulting in a 15% operating deficit.

Mission

Mission of Hope Recovery Network serves to walk along side people dealing with life controlling issues and helping people find long term faith based care for there addiction.

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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 (2022)

Revenue Breakdown

Contributions & Grants $6,000
Program Service Revenue $0
Investment Income $0
Other Revenue $277,834
TOTAL REVENUE $283,834

Expense Breakdown

Grants Paid $0
Salaries & Benefits $155,307
Fundraising Expenses $0
Program Expenses $10,000
Other Expenses $170,239
TOTAL EXPENSES $325,546

Year-over-Year Comparison

2022 2021 Change
Revenue $283,834 $6,000 +46.3%
Expenses $325,546 $14,610,712 -1.0%
Net Income $-41,712 $-14,604,712 -1.0%
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
4
Independent Members
4
Employees
N/A
Volunteers
200

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carl Ray Baumann Director 40.00
Highest
$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
2022 $283,834 $325,546 No data $-41,712
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