HOPE FOR TOMORROW CHILD & FAMILY MINISTRIES

EIN: 861211045 501(c)(3) Human Services

BLANKET, TX

Total Revenue
$1,004,395
Total Expenses
$1,125,523
Total Assets
$134,864
Net Assets
$-206,850
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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
TX
Principal Officer
THOMAS A PIPER
Phone
3252803175
Tax Period
2023-01-01 to 2023-12-31

HOPE FOR TOMORROW CHILD & FAMILY MINISTRIES, founded in 2021, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2023. Expenses of $1.1M exceeded revenue, resulting in a 12% operating deficit.

Mission

HOPE FOR TOMORROW CHILD & FAMILY MINISTRIES IS A 24 HOUR RESIDENTIAL CHILD CARE FACILITY WHICH PROVIDES THERAPEUTIC SERVICES TO CHILDREN IN FOSTER CARE IN THE STATE OF TEXAS

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,004,395
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,004,395

Expense Breakdown

Grants Paid $0
Salaries & Benefits $598,424
Fundraising Expenses $0
Program Expenses $924,150
Other Expenses $527,099
TOTAL EXPENSES $1,125,523

Year-over-Year Comparison

2023 2022 Change
Revenue $1,004,395 $951,662 +0.1%
Expenses $1,125,523 $893,398 +0.3%
Net Income $-121,128 $58,264 -3.1%
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

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Governance

Voting Members
4
Independent Members
4
Employees
20
Volunteers
2

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
0
$0
Total Directors
1
$0
Key Employees
2
$129,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARRON BRITT PIPER DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER DUNCAN PIPER FINANCE DIRECTOR 40.00
Key Emp
$63,000 $0 $63,000
THOMAS ALLEN PIPER EXECUTIVE DIRECTOR 40.00
Key Emp
$66,000 $0 $66,000
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 $1,004,395 $1,125,523 $134,864 $-121,128
2022 $951,662 $893,398 $139,777 $58,264
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