BOOSTING HOPE INC (EIN 853365868) - 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

NASEER RANA

Phone

7754303325

Tax Period

2024-01-01 to 2024-12-31

BOOSTING HOPE INC, founded in 2020, is a micro nonprofit in the International Affairs sector that reported $45K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $44K left a modest 4% surplus.

Mission

TO BOOST HOPE FOR UNDERPRIVILEGED AND DISADVANTAGED INDIVIDUALS AND COMMUNITIES BY PROVIDING GAP GRANTS IN THE AREAS OF LIVELIHOOD, HEALTH, EDUCATION, AND HOUSING. THIS COULD INCLUDE SCHOLARSHIPS AND HELP IN PROVIDING AFFORDABLE HOUSING.

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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 $46,143

Program Service Revenue $0

Investment Income $-968

Other Revenue $0

TOTAL REVENUE $45,175

Expense Breakdown

Grants Paid $37,112

Salaries & Benefits $0

Fundraising Expenses $1,639

Program Expenses $37,112

Other Expenses $6,456

TOTAL EXPENSES $43,568

Year-over-Year Comparison

	2024	2023	Change
Revenue	$45,175	$50,440	-0.1%
Expenses	$43,568	$29,872	+0.5%
Net Income	$1,607	$20,568	-0.9%

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

N/A

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
NASEER RANA	DIRECTOR, PRESIDENT	4.00	Officer Director	$0	$0	$0
HUMA RANA	DIRECTOR, VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SILVIA AHMED	DIRECTOR	2.00	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
2024	$45,175	$43,568	$102,977	$1,607
2023	$50,440	$29,872	$99,870	$20,568
2022	$-29,709	$17,193	$69,403	$-46,902
2021	$57,815	$3,040	$111,709	$54,775
2020	$72,541	$5,203	$69,301	$67,338

BOOSTING HOPE INC