SPRINGS OF HOPE CHRISTIAN FELLOWSHIP INC (EIN 862312516) - 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

Principal Officer

JOHN STURLEY

Phone

5309213323

Tax Period

2023-01-01 to 2023-12-31

SPRINGS OF HOPE CHRISTIAN FELLOWSHIP INC, founded in 2021, is a small nonprofit in the Religion sector that reported $590K in total revenue in fiscal year 2023. Revenue surged 515% from the prior year, signaling strong growth momentum. The organization ran a surplus of $459K, a strong 78% operating margin.

Mission

TO ESTABLISH AND OVERSEE PLACES OF WORSHIP, TEACH AND PREACH THE GOSPEL TO ALL PEOPLE, CONDUCT EVANGELISTIC AND HUMANITARIAN OUTREACH, LICENSE AND ORDAIN MINISTERS OF THE GOSPEL, SUPPORT MISSIONS AND TO ALSO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE, OR WHICH ARE INCIDENTAL THERETO OR CONNECTED THEREWITH WHICH ARE CONSISTENT WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THIS CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS PUPOSES WITHIN THE MEANING OF SECTION 501(C)(3), INTERNAL REVENUE CODE.

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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 $589,855

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $589,855

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $130,490

Other Expenses $130,490

TOTAL EXPENSES $130,490

Year-over-Year Comparison

	2023	2022	Change
Revenue	$589,855	$95,933	+5.1%
Expenses	$130,490	$87,669	+0.5%
Net Income	$459,365	$8,264	+54.6%

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
KYLE HARDEE	CHAIRPERSON	N/A	Director	$0	$0	$0
DARYL HUTCHINS	CHAIRPERSON	N/A	Director	$0	$0	$0
JESSE RATH	CHAIRPERSON	N/A	Director	$0	$0	$0
TERESA GRAY	CFO	N/A	Officer	$0	$0	$0
JOE LEE	VICE PRESIDE	N/A	Officer	$0	$0	$0
JOHN STURLEY	CEO	N/A	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	No data	No data	No data	No data
2023	$589,855	$130,490	$523,722	$459,365
2022	$95,933	$87,669	$64,357	$8,264
2021	$110,711	$86,527	$56,093	$24,184

SPRINGS OF HOPE CHRISTIAN FELLOWSHIP INC