JUST HOPE 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

Principal Officer

JUSTIN BALLARD

Phone

8056015366

Tax Period

2024-01-01 to 2024-12-31

JUST HOPE INC, founded in 2020, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $238K, a strong 16% operating margin.

Mission

OUR MISSION IS TO LEAD INDIVIDUALS TO JESUS CHRIST, OFFERING SUPPORT IN OVERCOMING ADDICTION, HEALTH ISSUES, AND SPIRITUAL STRUGGLES. WE STRIVE TO BRING FREEDOM AND HEALING THROUGH FAITH AND GOD'S WORD. TRANSFORMING LIVES ONE SOUL AT A TIME.

Program Service Accomplishments

Program 1

Expenses: $1,280,725 Revenue: $1,272,870

JUST HOPE IS A MINISTRY THAT IS A FAITH-BASED PROGRAM DEDICATED TO SUPPORTING INDIVIDUALS FACING VARIOUS HEALTH CHALLENGES AND ADDICTIONS. ROOTED IN THE BELIEF THAT JESUS IS THE ULTIMATE HEALER AND PHYSICIAN, WE HARNESS THE TRANSFORMATIVE POWER OF PRAYER AND BIBLICAL TEACHINGS TO GUIDE INDIVIDUALS ON THEIR JOURNEY TO HEALING AND RESTORATION. THROUGH THE POWER OF JESUS' NAME AND THE USE OF VARIOUS MODALITIES, WE ADDRESS PHYSICAL, EMOTIONAL, MENTAL, AND SPIRITUAL NEEDS TO HELP INDIVIDUALS ACHIEVE LASTING TRANSFORMATION AND FREEDOM.

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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 $244,369

Program Service Revenue $1,272,870

Investment Income $1,226

Other Revenue $0

TOTAL REVENUE $1,518,465

Expense Breakdown

Grants Paid $46,807

Salaries & Benefits $37,603

Fundraising Expenses $0

Program Expenses $1,280,725

Other Expenses $1,196,315

TOTAL EXPENSES $1,280,725

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,518,465	$990,092	+0.5%
Expenses	$1,280,725	$1,005,811	+0.3%
Net Income	$237,740	$-15,719	-16.1%

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

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
ROBERT VERHAGEN	PRESIDENT	1.00	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
2024	$1,518,465	$1,280,725	$387,763	$237,740
2023	$990,092	$1,005,811	$217,763	$-15,719
2023	$990,092	$1,005,811	$217,763	$-15,719
2022	$1,412,607	$1,344,948	$235,880	$67,659
2022	$1,412,607	$1,344,948	$235,880	$67,659
2021	$659,648	$552,297	$150,553	$107,351
2021	$659,648	$552,297	$150,553	$107,351