CENTER OF HOPE FOR BEHAVIORAL HEAL… - 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

2021

Tax Period

2023-01-01 to 2023-12-31

CENTER OF HOPE FOR BEHAVIORAL HEALTH, founded in 2021, is a small nonprofit in the Mental Health sector that reported $620K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

To improve the quality of life of individuals and families by compassionately advocating, and supporting their mental health and community support needs.

Program Service Accomplishments

Program 1

Expenses: $600,334 Revenue: $480,195

THE CENTER PROVIDES COUNSELING SERVICES FOR INDIVIDUALS, COUPLES, FAMILIES, CHILDREN/ADOLESENTS,AND GROUP SESSIONS, INCLUDING THOSE WHO ARE UNINSURED AND UNABLE TO PAY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $129,409

Program Service Revenue $480,195

Investment Income $0

Other Revenue $10,181

TOTAL REVENUE $619,785

Expense Breakdown

Grants Paid $0

Salaries & Benefits $419,959

Fundraising Expenses $0

Program Expenses $600,334

Other Expenses $236,216

TOTAL EXPENSES $656,175

Year-over-Year Comparison

	2023	2022	Change
Revenue	$619,785	$523,826	+0.2%
Expenses	$656,175	$592,439	+0.1%
Net Income	$-36,390	$-68,613	-0.5%

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

N/A

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

$58,008

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MORENIKE MURPHY	CEO	40.00	Officer	$58,008	$0	$58,008
CORNELIUS HILL	MEMBER	0.50	Director	$0	$0	$0
CHERIE CONNER	President	0.50	Officer	$0	$0	$0
ALICIA ELLIS	Secretary	0.50	Officer	$0	$0	$0
KENDRA CHILDS-JONES	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
2024	No data	No data	No data	No data
2023	$619,785	$656,175	$180,655	$-36,390
2022	$523,826	$592,439	$229,116	$-68,613
2021	$414,882	$207,521	$232,672	$207,361

CENTER OF HOPE FOR BEHAVIORAL HEALTH