HOPE HOMES INC

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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

Tax Period

2022-01-01 to 2022-12-31

HOPE HOMES INC, founded in 2019, is a small nonprofit in the Mental Health sector that reported $214K in total revenue in fiscal year 2022. Expenses of $258K exceeded revenue, resulting in a 21% operating deficit.

Mission

The mission is to rebuild and restore individuals and the surrounding community that have been affected by addiction homelessness incarceration and other life controlling issues by providing a faith based residential recovery program that offers hope and provides training and education for participants in relapse prevention workforce development financial literacy anger management discipleship parenting skills and mentoring.

Program Service Accomplishments

Program 1

Expenses: $143,497 Revenue: $0

More than 25 students were enrolled within the program in 2022 with several students phasing up into the higher tiers of the program and four graduating.

Program 2

Expenses: $5,243 Revenue: $5,605

Education and training for students which provides them with transferrable carpentry and woodworking skills and allows them the opportunity to be in involved in all aspects of the design and creation...

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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 $220,691

Program Service Revenue $5,605

Investment Income $0

Other Revenue $-12,491

TOTAL REVENUE $213,805

Expense Breakdown

Grants Paid $0

Salaries & Benefits $65,769

Fundraising Expenses $29,929

Program Expenses $148,740

Other Expenses $191,900

TOTAL EXPENSES $257,669

Year-over-Year Comparison

	2022	2021	Change
Revenue	$213,805	$215,468	0.0%
Expenses	$257,669	$172,656	+0.5%
Net Income	$-43,864	$42,812	-2.0%

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

Volunteers

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

$25,850

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matt Hufman	Director	1.00	Director	$0	$0	$0
JoAnn Butrin	Director	1.00	Director	$0	$0	$0
John Alarid	President CEO	15.00	Officer	$25,850	$0	$25,850
James Bradford	Vice President	1.00	Officer	$0	$0	$0
Jack Smart	Secretary	1.00	Officer	$0	$0	$0
Bryan Powers	Treasurer	1.00	Officer	$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	$213,805	$257,669	$28,215	$-43,864