THE HUB OF HOPE INC (EIN 852751588) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

TRENTON STINSON

Phone

8048694825

Tax Period

2022-01-01 to 2022-12-31

THE HUB OF HOPE INC, founded in 2020, is a small nonprofit that reported $242K in total revenue in fiscal year 2021. Revenue surged 4742% from the prior year, signaling strong growth momentum.

Mission

TO HELP OTHER PEOPLE EAT (HOPE) THROUGH THE CREATION OF SUSTAINABLE FOOD-BASED INITIATIVES DESIGN TO FIGHT FOOD INSECURITY IN OUR REGION. THESE INITIATIVES INCLUDE BUT ARE NOT LIMITED TO: COMMUNITY MEALS, STUDENT NUTRITION PROGRAM, CATERING SERVICES AND THE REGION'S FIRST NONPROFIT RESTAURANT.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $147,120

Program Service Revenue $274,998

Investment Income $0

Other Revenue $0

TOTAL REVENUE $422,118

Expense Breakdown

Grants Paid $0

Salaries & Benefits $75,692

Fundraising Expenses $0

Program Expenses $599,360

Other Expenses $584,574

TOTAL EXPENSES $660,266

Year-over-Year Comparison

	2022	2021	Change
Revenue	$422,118	$242,079	+0.7%
Expenses	$660,266	$264,026	+1.5%
Net Income	$-238,148	$-21,947	+9.9%

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

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

$2,850

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAMUEL HAYES III	CHARIMAN OF THE BOARD	5.00	Director	$0	$0	$0
RICHARD FALKENSTEIN	TREASURER	5.00	Director	$0	$0	$0
EUNICE SCOTT	BOARD MEMBER	5.00	Director	$0	$0	$0
KRISTEN GREENE	SECRETARY	5.00	Director	$0	$0	$0
ANTHONY BENCE	VICE CHAIRMAN	5.00	Director	$0	$0	$0
FRANKIE BURKE	BOARD OF GOVERNORS, CHAIRM	5.00	Director	$0	$0	$0
AARON ADAMS	BOARD OF GOVERNORS, VICE C	5.00	Director	$0	$0	$0
BRIAN BETTIS	BOARD OF GOVERNORS, MEMBER	5.00	Director	$0	$0	$0
TRENTON STINSON	CHIEF FINANCE OFFICER	20.00	Officer	$0	$0	$0
DEEDRE STINSON	CHIEF EXECUTIVE OFFICER	35.00	Officer	$2,850	$0	$2,850

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	$422,118	$660,266	$7,200	$-238,148
2021	$242,079	$264,026	$64,430	$-21,947

THE HUB OF HOPE INC