Detroit Champions for Hope

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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

James Ribbron

Phone

7346440083

Tax Period

2024-01-01 to 2024-12-31

Detroit Champions for Hope, founded in 2020, is a small nonprofit in the Human Services sector that reported $373K in total revenue in fiscal year 2024. The organization ran a surplus of $73K, a strong 20% operating margin.

Mission

To advocate and lead the charge for Detroits early childhood system

Program Service Accomplishments

Program 1

Expenses: $300,061 Revenue: $0

Assist with Childhood services

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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 $372,789

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $372,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $300,061

Other Expenses $300,061

TOTAL EXPENSES $300,061

Year-over-Year Comparison

	2024	2023	Change
Revenue	$372,789	N/A	N/A
Expenses	$300,061	N/A	N/A
Net Income	$72,728	N/A	N/A

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

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
Kourtney Neloms	Chair	10.00	Officer	$0	$0	$0
Michael Aaron	Vice Chair	10.00	Officer	$0	$0	$0
Camarrah Morgan	Treasurer	10.00	Officer	$0	$0	$0
Shari Williams	Secretary	10.00	Officer	$0	$0	$0
Jeremiah White	Member	10.00	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	$372,789	$300,061	$106,465	$72,728