Hope Forward Foundation 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

2020

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Hope Forward Foundation Inc, founded in 2020, is a small nonprofit in the Health Care sector that reported $387K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $762K exceeded revenue, resulting in a 97% operating deficit.

Mission

Romelia Farms is a Wildlife Preserve focused on the conservation of animals through community education. We are committed to the rescue and rehabilitation of wildlife and ensuring that community awareness is at the forefront of our educational objectives.

Program Service Accomplishments

Program 1

Expenses: $761,831

In 2021 Hope Forward Foundation began its mission with the focus of rescuing over 150 animals in need. We furthered that mission by taking on improvement projects that led to better health and...

In 2021 Hope Forward Foundation began its mission with the focus of rescuing over 150 animals in need. We furthered that mission by taking on improvement projects that led to better health and well-being of the animals in our care. From improving diets, veterinary care, and enrichment activities, we were able to put our committment on display. I am happy to report that we have garnered support from local businesses and agencies that have witnessed our true dedication of the animals who we have the honor of caring for.

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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 $387,145

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $387,145

Expense Breakdown

Grants Paid $2,903

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $761,831

Other Expenses $759,224

TOTAL EXPENSES $762,127

Year-over-Year Comparison

	2023	2022	Change
Revenue	$387,145	$344,033	+0.1%
Expenses	$762,127	$269,078	+1.8%
Net Income	$-374,982	$74,955	-6.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lina Graves	President	25.00	Officer	$0	$0	$0
Jeremy Graves	Vice President	25.00	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
2023	$387,145	$762,127	$167,311	$-374,982
2022	$344,033	$269,078	$145,666	$74,955
2021	$46,313	$18,617	$29,928	$27,696