HAVEN OF HOPE INC (EIN 845177586) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

SUE MCGEE-CHIODINI

Phone

5752317334

Tax Period

2024-01-01 to 2024-12-31

HAVEN OF HOPE INC, founded in 2020, is a small nonprofit in the Housing & Shelter sector that reported $443K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $514K exceeded revenue, resulting in a 16% operating deficit.

Mission

ENPOWERING EXCEPTIONAL SINGLE MOTHERS, OFFERING STABLE COMMUNITY LIVING AND RESOURCES TO CULTIVATE SELF-RELIANCE FOR THEIR FAMILIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $350,744

Program Service Revenue $0

Investment Income $0

Other Revenue $91,783

TOTAL REVENUE $442,527

Expense Breakdown

Grants Paid $0

Salaries & Benefits $226,101

Fundraising Expenses $6,059

Program Expenses $434,304

Other Expenses $288,211

TOTAL EXPENSES $514,312

Year-over-Year Comparison

	2024	2023	Change
Revenue	$442,527	$676,554	-0.3%
Expenses	$514,312	$488,484	+0.1%
Net Income	$-71,785	$188,070	-1.4%

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

$82,265

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUE MCGEE-CHIODINI	PRESIDENT	2.00	Officer Director	$0	$0	$0
NOREEN TEEL	VICE-PRESIDE	2.00	Officer Director	$0	$0	$0
PAT WOOD	TREASURER	2.00	Officer Director	$0	$0	$0
KATELYNN GUNN DMD	SECRETARY	2.00	Officer Director	$0	$0	$0
ANNIE BACA	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD RODRIGUEZ	DIRECTOR	2.00	Director	$0	$0	$0
LAURA NETHERLIN	DIRECTOR	2.00	Director	$0	$0	$0
LAURIE CROCKETT	DIRECTOR	2.00	Director	$0	$0	$0
RHINY WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
ANITA BRAUN	EXECUTIVE DI	40.00	Officer	$82,265	$0	$82,265

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	$442,527	$514,312	$4,688,773	$-71,785
2023	$676,554	$488,484	$4,756,907	$188,070
2022	$550,635	$304,790	$4,568,706	$245,845
2021	$4,261,935	$166,904	$4,338,516	$4,095,031
2020	$224,000	$555	$223,445	$223,445

HAVEN OF HOPE INC