HOPE RESTORED HUMAN SERVICES INC

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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

2005

Legal Domicile

Principal Officer

PATRICIA BABAJIDE

Phone

6173281340

Tax Period

2024-07-01 to 2025-06-30

HOPE RESTORED HUMAN SERVICES INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $171K in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $146K left a modest 15% surplus.

Mission

TO PROVIDE AFFORDABLE, COMPASSIONATE AND COMPETENT HOME HEALTHCARE SERVICES BEFITTING OUR CLIENTS' REQUIREMENTS AND NEEDS.

Program Service Accomplishments

Program 1

PROVIDED AFFORDABLE, COMPASSIONATE AND COMPETENT HOME HEALTHCARE SERVICES BEFITTING OUR CLIENTS' REQUIREMENTS AND NEEDS.

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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 $0

Program Service Revenue $171,133

Investment Income $27

Other Revenue $0

TOTAL REVENUE $171,160

Expense Breakdown

Grants Paid $0

Salaries & Benefits $118,783

Fundraising Expenses $0

Program Expenses $145,975

Other Expenses $27,192

TOTAL EXPENSES $145,975

Year-over-Year Comparison

	2024	2023	Change
Revenue	$171,160	$106,841	+0.6%
Expenses	$145,975	$161,784	-0.1%
Net Income	$25,185	$-54,943	-1.5%

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

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

$26,000

Total Directors

$13,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA BABAJIDE	PRESIDENT	40.00	Officer Director	$13,000	$0	$13,000
SOLOMON BABAJIDE	CLERK	40.00	Officer	$13,000	$0	$13,000
MARY AIFEKELU ATIVIE	DIRECTOR	0.25	Director	$0	$0	$0
MICHAEL DADA OISAMOJE	DIRECTOR	0.25	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
2025	$171,160	$145,975	$106,951	$25,185
2024	$106,841	$129,803	$120,957	$-22,962
2023	$168,335	$160,140	$147,959	$8,195
2022	$171,221	$145,397	$132,897	$25,824
2021	$125,551	$172,220	$189,146	$-46,669
2018	$644,252	$927,700	$121,231	$-283,448