VINCIT HOPE 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

2021

Legal Domicile

Principal Officer

FORREST BOULWARE

Phone

4236480651

Tax Period

2024-01-01 to 2024-12-31

VINCIT HOPE INC, founded in 2021, is a small nonprofit in the Human Services sector that reported $230K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $149K, a strong 65% operating margin.

Mission

TO HELP OUR PEOPLE IN EMERGENCIES TO MAINTAIN THE DIGNITY AND INTEGRITY OF FAMILY THROUGH FINANCIAL ASSISTANCE.

Program Service Accomplishments

Program 1

Expenses: $36,753

TO HELP OUR PEOPLE IN EMERGENCIES TO MAINTAIN THE DIGNITY AND INTEGRITY OF FAMILY THROUGH FINANCIAL ASSISTANCE.

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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 $209,475

Program Service Revenue $0

Investment Income $20,729

Other Revenue $0

TOTAL REVENUE $230,204

Expense Breakdown

Grants Paid $36,634

Salaries & Benefits $0

Fundraising Expenses $22,060

Program Expenses $36,753

Other Expenses $44,692

TOTAL EXPENSES $81,326

Year-over-Year Comparison

	2024	2023	Change
Revenue	$230,204	$206,355	+0.1%
Expenses	$81,326	$78,112	+0.0%
Net Income	$148,878	$128,243	+0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER CHASE BULLARD	MEMBER	0.12	Director	$0	$0	$0
GENE BOULWARE	EXECUTIVE DIRECTOR	20.38	Director	$0	$0	$0
AMY LOU YANCY	SELECT COMMITTEE CO-CHAIR	0.77	Director	$0	$0	$0
ALLISON YOUNG	SELECT COMMITTEE CO-CHAIR	0.77	Director	$0	$0	$0
ANDREW BACON	SELECT COMMITTEE MEMBER	0.06	Director	$0	$0	$0
BEN PESIGAN	SELECT COMMITTEE MEMBER	0.06	Director	$0	$0	$0
BEVERLY CASH	SELECT COMMITTEE MEMBER	0.10	Director	$0	$0	$0
DANIEL A PETERMAN	SELECT COMMITTEE MEMBER	0.06	Director	$0	$0	$0
DAVID CASTRO	SELECT COMMITTEE MEMBER	0.06	Director	$0	$0	$0
DAVID MARADYN	SELECT COMMITTEE MEMBER	0.02	Director	$0	$0	$0
GREG ATCHLEY	SELECT COMMITTEE MEMBER	0.12	Director	$0	$0	$0
JONATHON TERRELL	SELECT COMMITTEE MEMBER	0.06	Director	$0	$0	$0
KIRK FRONDORF	SELECT COMMITTEE MEMBER	0.06	Director	$0	$0	$0
KRISTIE HOLLOWAY	SELECT COMMITEE MEMBER	0.02	Director	$0	$0	$0
LAKEISHA SCOTTON	SELECT COMMITTEE MEMBER	0.10	Director	$0	$0	$0
RANDALL BARBEE	SELECT COMMITTEE MEMBER	0.35	Director	$0	$0	$0
TOM HALL	SELECT COMMITTEE MEMBER	0.06	Director	$0	$0	$0
WILMA FONSECA	SELECT COMMITTEE MEMBER	0.06	Director	$0	$0	$0
LINDSEY ARMSTRONG	SELECT COMMITEE MEMBER	0.06	Director	$0	$0	$0
TODD HOESCHELE	SELECT COMMITEE MEMBER	0.06	Director	$0	$0	$0
ERIC WEBSTER	SELECT COMMITEE MEMBER	0.04	Director	$0	$0	$0
HARRISON CHADWICK BULLARD	PRESIDENT	0.77	Officer	$0	$0	$0
JONATHON BULLARD	SECRETARY	0.33	Officer	$0	$0	$0
CARTER GRIFFIN	TREASURER	0.12	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	$230,204	$81,326	$648,742	$148,878
2023	$206,355	$78,112	$499,864	$128,243
2022	$198,678	$48,178	$371,621	$150,500
2021	$225,000	$3,879	$221,121	$221,121