HOPE UNITED INC (EIN 853986141) - 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

2021

Legal Domicile

Principal Officer

BRUCE STOVER

Phone

4052425058

Tax Period

2023-01-01 to 2023-12-31

HOPE UNITED INC, founded in 2021, is a small nonprofit in the Education sector that reported $119K in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $258K exceeded revenue, resulting in a 117% operating deficit.

Mission

OUR MISSION IS TO PROVIDE A COMMUNITY OF SUPPORT FOR UNDERSERVED KIDS, THEIR FAMILIES, AND EDUCATORS IN OUR PUBLIC SCHOOLS BY UNIFYING THE RESOURCES OF CHURCHES, NON-PROFIT ORGANIZATIONS, LOCAL BUSINESSES, AND OTHER SUPPORTING ENTITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $118,852

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $118,852

Expense Breakdown

Grants Paid $0

Salaries & Benefits $169,245

Fundraising Expenses $0

Program Expenses $184,787

Other Expenses $88,336

TOTAL EXPENSES $257,581

Year-over-Year Comparison

	2023	2022	Change
Revenue	$118,852	$255,220	-0.5%
Expenses	$257,581	$208,942	+0.2%
Net Income	$-138,729	$46,278	-4.0%

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

$48,383

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE STOVER	INTERIM DIRECTOR/ PRESIDENT	20.00	Director	$0	$0	$0
KEN GRANT	BOARD CHAIRMAN/VICE PRESIDENT	1.00	Director	$0	$0	$0
TOM RICHARDS	TREASURER	1.00	Director	$0	$0	$0
LEE ROLAND	EXECUTIVE DIRECTOR	40.00	Officer	$47,583	$800	$48,383

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	No data	No data	No data	No data
2023	$118,852	$257,581	$64,264	$-138,729
2022	$255,220	$208,942	$202,993	$46,278
2021	$326,505	$178,567	$156,715	$147,938

HOPE UNITED INC