ONE HOPE FOUNDATION INC

EIN: 852015657 501(c)(3)

Aberdeen, MD

Total Revenue
$200,594
Total Expenses
$175,873
Total Assets
$72,320
Net Assets
$72,320
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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
MD
Principal Officer
VALENTINE ANOCHIE
Phone
4436008575
Tax Period
2022-01-01 to 2022-12-31

ONE HOPE FOUNDATION INC, founded in 2020, is a small nonprofit that reported $201K in total revenue in fiscal year 2022. Expenses of $176K left a modest 12% surplus.

Mission

Give everyone the opportunity to attain the better life they deserve and a chance to flourish in life by mitigating complex social ills.

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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 (2022)

Revenue Breakdown

Contributions & Grants $200,000
Program Service Revenue $594
Investment Income $0
Other Revenue $0
TOTAL REVENUE $200,594

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $175,873
Other Expenses $175,873
TOTAL EXPENSES $175,873

Year-over-Year Comparison

2022 2021 Change
Revenue $200,594 N/A N/A
Expenses $175,873 N/A N/A
Net Income $24,721 N/A N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
75

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VALENTINE ANOCHIE PRESIDENT 004.00
Officer Director
$0 $0 $0
STEVE AKPUNE SECRETARY 004.00
Officer Director
$0 $0 $0
NATASHA EGGERMONT TRASURER 004.00
Officer 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
2022 $200,594 $175,873 $72,320 $24,721
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