HOPE OF GLORY CENTER INC (EIN 860970632) - 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

1999

Legal Domicile

Principal Officer

Betty Bitgood

Phone

5204711720

Tax Period

2024-01-01 to 2024-12-31

HOPE OF GLORY CENTER INC, founded in 1999, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $16K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $47K exceeded revenue, resulting in a 193% operating deficit.

Mission

HOPE OF GLORY MINISTRIES IS DEDICATED TO HELPING THE HOMELESS AND NEEDY PEOPLE OF TUCSON AND PIMA COUNTY, ARIZONA. OUR FIRST CALL IS TO EXHIBIT THE LOVE OF CHRIST BY OUR ATTITUDE AND SERVICE, AND THEN TO SEE THAT CHRIST IS FORMED IN THEM THROUGH PRESENTING THE GOSPEL. WE CONTINUE TO WORK TOWARD ESTABLISHING AN INNER-CITY FACILITY, WITH MANY SERVICES, FOR THE TEACHING AND RESTORING OF TUCSON'S MOST PRECIOUS RESOURCES, ITS MEN, AND 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 (2024)

Revenue Breakdown

Contributions & Grants $15,054

Program Service Revenue $0

Investment Income $4

Other Revenue $1,166

TOTAL REVENUE $16,224

Expense Breakdown

Grants Paid $0

Salaries & Benefits $745

Fundraising Expenses $0

Program Expenses $40,637

Other Expenses $46,742

TOTAL EXPENSES $47,487

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,224	$36,126	-0.6%
Expenses	$47,487	$51,598	-0.1%
Net Income	$-31,263	$-15,472	+1.0%

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

N/A

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gerald Watts	Director	1	Director	$0	$0	$0
Caye VanWaggenen	Director	2	Director	$0	$0	$0
Ann Marion	Secretary	1	Officer	$0	$0	$0
Betty Bitgood	Chairman	8	Key Emp	$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	$16,224	$47,487	$2,757	$-31,263
2023	$36,126	$51,598	$3,527	$-15,472
2022	$14,166	$45,045	$8,739	$-30,879
2021	$17,170	$33,109	$15,251	$-15,939
2020	$19,183	$19,786	$33,071	$-603
2020	$19,183	$27,183	$34,417	$-8,000
2019	$18,582	$23,543	$17,845	$-4,961
2018	$12,385	$15,193	$23,878	$-2,808

HOPE OF GLORY CENTER INC