MISSION OF HOPE RECOVERY NETWORK I… - Form 990 Financial Data

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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

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 helps people dealing with life controlling substances find hope through our longterm faith based residential care partners. (Adult and Teen Challenge and Salvation Army) Our primary fundraising effort happens at the Mission Thrift store.

Program Service Accomplishments

Program 1

Expenses: $10,000

Largest part of our ministry is meeting with people and finding the right placement they need for recovery

Program 2

Our second largest piece of our ministry is the teaching of Ray Baumann on finding the steps to recovery.

Program 3

We currently cover all travel costs for people entering rehab

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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%)

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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

MISSION OF HOPE RECOVERY NETWORK INC