Center4Hope Inc (EIN 850962432) - 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

Thomas Confer

Phone

5857234673

Tax Period

2024-01-01 to 2024-12-31

Center4Hope Inc, founded in 2020, is a small nonprofit in the Human Services sector that reported $362K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum.

Mission

Sharing the love of Christ through food, medical care, employment, and financial counseling.

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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 $360,375

Program Service Revenue $0

Investment Income $1,474

Other Revenue $0

TOTAL REVENUE $361,849

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,405

Fundraising Expenses $51,580

Program Expenses $280,328

Other Expenses $248,753

TOTAL EXPENSES $392,158

Year-over-Year Comparison

	2024	2023	Change
Revenue	$361,849	$261,801	+0.4%
Expenses	$392,158	$315,751	+0.2%
Net Income	$-30,309	$-53,950	-0.4%

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

186

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

$90,962

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas Confer	Treasurer/Vice Chairperson	6.00	Officer Director	$0	$0	$0
Matthew Hurlbutt	Member At Large	0.70	Director	$0	$0	$0
Todd Olsen	Secretary	3.00	Officer Director	$0	$0	$0
Jane Shukitis Secretary thru	8/19/24), Chairperson (beg. 8/20/24)	7.00	Officer Director	$0	$0	$0
Timothy Wortham Jr	Member At Large	0.50	Director	$0	$0	$0
Halie Cardon	Member At Large	0.50	Director	$0	$0	$0
William Reddy	Chairman (thru 8/20/24)	3.50	Officer Director	$0	$0	$0
JoAnne Ziervogel	Vice Chairperson (thru 8/20/24)	3.00	Officer Director	$0	$0	$0
Kirk Dueker	Ex Officio	1.40	Officer	$0	$0	$0
Christopher Folwell	Executive Director	40.00	Officer	$63,065	$27,897	$90,962

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	$361,849	$392,158	$135,291	$-30,309
2023	$261,801	$315,751	$160,824	$-53,950

Center4Hope Inc