Penfield Hope Inc (EIN 862349004) - 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

Duncan Harris

Phone

5855865139

Tax Period

2023-01-01 to 2023-12-31

Penfield Hope Inc, founded in 2021, is a small nonprofit in the Human Services sector that reported $449K in total revenue in fiscal year 2023. Revenue surged 311% from the prior year, signaling strong growth momentum. The organization ran a surplus of $304K, a strong 68% operating margin.

Mission

Penfield HOPE responds to critical unmet needs of Penfield area residents.

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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 $448,377

Program Service Revenue $0

Investment Income $954

Other Revenue $0

TOTAL REVENUE $449,331

Expense Breakdown

Grants Paid $44,493

Salaries & Benefits $41,310

Fundraising Expenses $12,761

Program Expenses $86,891

Other Expenses $59,184

TOTAL EXPENSES $144,987

Year-over-Year Comparison

	2023	2022	Change
Revenue	$449,331	$109,453	+3.1%
Expenses	$144,987	$122,571	+0.2%
Net Income	$304,344	$-13,118	-24.2%

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

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

$41,310

Total Directors

$41,310

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terry Bedford	Director	10.00	Director	$0	$0	$0
Melissa Green	Director	2.30	Director	$0	$0	$0
Paul Groschadl	Director	1.20	Director	$0	$0	$0
Duncan Harris	President	20.00	Officer Director	$0	$0	$0
Cathy Kamp	Secretary	20.00	Officer Director	$41,310	$0	$41,310
Mary Ann Lovelock	Director	2.30	Director	$0	$0	$0
Mike Nesbitt	Treasurer	6.70	Officer Director	$0	$0	$0
Fr Jim Schwartz	Director	1.40	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
2023	$449,331	$144,987	$388,392	$304,344

Penfield Hope Inc