HOPES HELPING HANDS OF NC (EIN 854211984) - 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

CHARLY LINDSEY

Phone

7046059969

Tax Period

2023-01-01 to 2023-12-31

HOPES HELPING HANDS OF NC, founded in 2021, is a small nonprofit in the Human Services sector that reported $161K in total revenue in fiscal year 2023. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $206K exceeded revenue, resulting in a 28% operating deficit.

Mission

RENDERING ASSISTANCE, SKILLSETS, EMPOWERMENT OF MINORITY AND UNDERSERVED WOMEN

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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 $107,460

Program Service Revenue $53,553

Investment Income $0

Other Revenue $0

TOTAL REVENUE $161,013

Expense Breakdown

Grants Paid $14,371

Salaries & Benefits $114,668

Fundraising Expenses $0

Program Expenses $206,101

Other Expenses $77,062

TOTAL EXPENSES $206,101

Year-over-Year Comparison

	2023	2022	Change
Revenue	$161,013	$83,712	+0.9%
Expenses	$206,101	$239,260	-0.1%
Net Income	$-45,088	$-155,548	-0.7%

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

N/A

Independent Members

N/A

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
CHARLY LINDSEY	DIRECTOR	40	Officer	$0	$0	$0
DEYONNA BARNES	ASSISTANT DIRECTOR	40	Officer	$0	$0	$0
JENNIFER SIMMONS	MEMBER	5	Officer	$0	$0	$0
ALISHA ADAMS	MEMBER	5	Officer	$0	$0	$0
AMIE DURHAM	MEMBER	5	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
2023	$161,013	$206,101	$-220,056	$-45,088
2022	$83,693	$258,661	$-174,968	$-174,968
2021	$243,080	$170,871	$100,155	$72,209

HOPES HELPING HANDS OF NC