Lake Zurich, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Hope Center, founded in 2021, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. The organization ran a surplus of $332K, a strong 31% operating margin.
The mission of The Hope Center is to help restore what is broken in our world, in our community, and in each of us.
Food Pantry - The Hope Center operates a food pantry where guests can expect to find a wide selection of fresh and shelf-stable items to keep their kitchens stocked, as well as herbs and veggies...
Food Pantry - The Hope Center operates a food pantry where guests can expect to find a wide selection of fresh and shelf-stable items to keep their kitchens stocked, as well as herbs and veggies harvested weekly from our farm. We love to connect with pantry guests to find out how else The Hope Center can make a difference in their lives. The food pantry is open every Saturday and serves people throughout northern Illinois.
Hope Farm - HOPE Farm sprouted from a simple idea: wouldn't it be wonderful if our food pantry could offer beautifully ripe, nutritious veggies and fruit? We knew the answer, so we got to work!...
Hope Farm - HOPE Farm sprouted from a simple idea: wouldn't it be wonderful if our food pantry could offer beautifully ripe, nutritious veggies and fruit? We knew the answer, so we got to work! Thanks to a committed crew of volunteers, bushels of plump tomatoes, crunchy cucumbers, leafy greens, and aromatic herbs are now being harvested weekly. Our growing, small-scale farm is built around a hydroponic greenhouse that lets us farm year-round, sunshine or snow. Outside, rows of raised beds are lush in the summer with soil-grown garden veggies and native prairie plants.
Benevolence - The benevolence program assists individuals who find temporary financial hardship with basic needs such as rent or mortgage assistance, car repairs, medical needs, or other urgent...
Benevolence - The benevolence program assists individuals who find temporary financial hardship with basic needs such as rent or mortgage assistance, car repairs, medical needs, or other urgent living needs. Participants in the benevolence program go through a holistic intake process to assess the need and are required to participate in financial and budget training to receive assistance.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,082,308 | $1,044,765 | +0.0% |
| Expenses | $750,179 | $812,581 | -0.1% |
| Net Income | $332,129 | $232,184 | +0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Terrance Wallace | Executive Dir. | 40.00 |
Officer
|
$44,006 | $45,000 | $89,006 |
| Jason Sfire | President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Scott DeGraeve | Treasurer | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kenneth Toeller | Vice President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gretchen Farb | Secretary | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Eric Shroeder | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,082,308 | $750,179 | $577,988 | $332,129 |
| 2023 | $1,044,765 | $812,581 | $277,451 | $232,184 |
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