HOWARD BEACH HOPE INC (EIN 852271195) - 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

DOREEN DECANDIA

Phone

7187572728

Tax Period

2024-01-01 to 2024-12-31

HOWARD BEACH HOPE INC, founded in 2020, is a micro nonprofit in the Environment sector that reported $31K in total revenue in fiscal year 2024. The organization ran a surplus of $13K, a strong 42% operating margin.

Mission

THE ORGANIZATIONS MISSION IS TO ENHANCE THE QUALITY OF LIFE FOR THOSE WHO LIVE, WORK AND VISIT THE LOCAL COMMUNITY THROUGH BEAUTIFICATION, REVITALIZATION AND NEIGHBORHOOD EVENTS, WE AIM TO FOSTER COMMUNITY SPIRIT, ENGAGEMENT AND GOODWILL

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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 $30,530

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $30,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,350

Other Expenses $17,690

TOTAL EXPENSES $17,690

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,530	$30,185	+0.0%
Expenses	$17,690	$22,579	-0.2%
Net Income	$12,840	$7,606	+0.7%

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

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
DOREEN DECANDIA	PRESIDENT	N/A	Officer	$0	$0	$0
MARY GRIFFITH	VICE PRESIDENT	N/A	Officer	$0	$0	$0
KELLY SINISGALLI	TREASURER	N/A	Officer	$0	$0	$0
CAMILLE ADAMO	SECRETARY	N/A	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
2024	$30,530	$17,690	$75,514	$12,840
2023	$30,185	$22,579	$62,674	$7,606
2022	$31,320	$10,250	$55,085	$21,070
2021	$42,951	$25,022	$40,660	$17,929
2020	$29,030	$12,944	$16,086	$16,086

HOWARD BEACH HOPE INC