NEW HOPE COMMUNITY DEVELOPMENT INSTITUTE

EIN: 850698487 501(c)(3) Community Improvement

SEATTLE, WA

Total Revenue
$890,411
Total Expenses
$26,337
Total Assets
$1,809,561
Net Assets
$921,474
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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
WA
Principal Officer
LaNesha McCoy
Tax Period
2025-01-01 to 2025-12-31

NEW HOPE COMMUNITY DEVELOPMENT INSTITUTE, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $890K in total revenue in fiscal year 2025. Revenue surged 180% from the prior year, signaling strong growth momentum. The organization ran a surplus of $864K, a strong 97% operating margin.

Mission

The mission of NHCDI is to empower, enable, and support community members in their efforts to revitalize Seattle's Central District neighborhood and surrounding areas. We serve as a vehicle through which residents and businesses work together to solve problems as well as rebuild and sustain community.

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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 (2025)

Revenue Breakdown

Contributions & Grants $888,563
Program Service Revenue $0
Investment Income $1,848
Other Revenue $0
TOTAL REVENUE $890,411

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,900
Fundraising Expenses $2,750
Program Expenses $1,700
Other Expenses $4,687
TOTAL EXPENSES $26,337

Year-over-Year Comparison

2025 2024 Change
Revenue $890,411 $318,303 +1.8%
Expenses $26,337 $344,157 -0.9%
Net Income $864,074 $-25,854 -34.4%
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

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
2

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
3
$0
Total Directors
12
$0
Key Employees
1
$18,900
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LaNesha McCoy Executive Administrator 7.5
Key Emp
$18,900 $0 $18,900
Tiffany Howard-Davis Chair 2
Officer Director
$0 $0 $0
Rev Dr Robert L Jeffrey Sr Vice Chair 4
Officer Director
$0 $0 $0
Ursula White-Oliver Secretary-Treasurer 2
Officer Director
$0 $0 $0
Jadyn Bush Director 1
Director
$0 $0 $0
Aisaya Corbray Director 1
Director
$0 $0 $0
Daniel Gould Director 1
Director
$0 $0 $0
Daniel Jean-Baptiste Director 1
Director
$0 $0 $0
Dean KiloDavis Director 1
Director
$0 $0 $0
Robert E Lee III Director 1
Director
$0 $0 $0
Curtis Riggins Jr Director 1
Director
$0 $0 $0
Linda Taylor Director 1
Director
$0 $0 $0
Jason Turner Director 1
Director
$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
2025 $890,411 $26,337 $1,809,561 $864,074
2024 No data No data No data No data
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