NEW HOPE FOUNDATION (EIN 854286681) - 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

DARIUSH HOSSEINI

Phone

3104736575

Tax Period

2024-01-01 to 2024-12-31

NEW HOPE FOUNDATION, founded in 2020, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 6732% from the prior year, signaling strong growth momentum. The organization ran a surplus of $982K, a strong 83% operating margin.

Mission

NEW HOPE FOUNDATION WAS FOUNDED TO ENGAGE IN CHARITABLE ACTIVITIES WITHIN THE SCOPE OF THE INTERNAL REVENUE CODE SECTION 501(C)(3), INCLUDING BUT NOT LIMITED TO, TO SUPPORT AND ASSIST, AND TO MAKE GRANTS AND GIFTS IN AID AND SUPPORT AND ASSISTANCE TO ORPHANAGES, FOR RELIEF OF THE POOR OR DISTRESSED OR HOMELESS OR OF THE UNDERPRIVILEGED, AND FOR THE ADVANCEMENT OF EDUCATION AND SCIENCE; TO COLLECT AND RECEIVE CONTRIBUTIONS AND TO DISPOSE OF FUNDS EXCLUSIVELY FOR CHARITABLE PURPOSES OR OTHERWISE TO ASSIST CORPORATIONS, ORGANIZATIONS OR INSTITUTIONS CARRYING ON SUCH ACTIVITIES AS ARE CONSISTENT WITH THE PURPOSES OF APPLICANT.

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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 $1,189,550

Program Service Revenue $0

Investment Income $96

Other Revenue $0

TOTAL REVENUE $1,189,646

Expense Breakdown

Grants Paid $184,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $195,474

Other Expenses $23,532

TOTAL EXPENSES $207,532

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,189,646	$17,413	+67.3%
Expenses	$207,532	$253,062	-0.2%
Net Income	$982,114	$-235,649	-5.2%

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
OMMID FERDOWS	BOARD CHAIR/	N/A	Director	$0	$0	$0
DARIUSH HOSSEINI	PRESIDENT/DI	N/A	Director	$0	$0	$0
NICOLE A HOSSEINI	VP/SECRETARY	N/A	Director	$0	$0	$0
JACOB RASHTI	CFO/DIRECTOR	N/A	Director	$0	$0	$0
GILBERT SANCHEZ	DIRECTOR	N/A	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	$1,189,646	$207,532	$1,872,395	$982,114
2023	$17,413	$253,062	$890,281	$-235,649
2022	$300,310	$366,654	$1,125,930	$-66,344
2021	$126	$83,856	$1,192,274	$-83,730

NEW HOPE FOUNDATION