RISING 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

Tax Period

2022-07-01 to 2022-12-31

RISING HOPE INC, founded in 2021, is a micro nonprofit in the Mental Health sector that reported $16K in total revenue in fiscal year 2022. Net assets of $67K represent 51 months of operating reserves.

Mission

THE PRIMARY PURPOSE OF RISING HOPE IS TO IMPROVE AND ENHANCE THE MENTAL AND PHYSCIAL HEALTH OF ALL PEOPLE, BY PROVIDING OUPATIENT SERVICES TO THOSE IN NEED, WHILE EDUCATING AND PROMOTING AWARENESS OF MENTAL HEALTH ISSUES TO THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $15,517 Revenue: $15,798

TO PROVIDE OUTPATIENT COUNSELING, PSYCHOTHERAPY AND PSYCHO PHARMACOLOGY SERVICES TO INDIVIDUALS, COUPLES, FAMILIES AND GROUPS. THESE SERVCIES WILL BE PROVIDED WITHOUT REGARD TO GENDER, RACE, STATUS, AGE, SEXUAL ORIENTATION, OR RELIGIOUS BELIEF. FEES FOR SERVICES ARE DETERMINED ON A SLIDING SCALE AND ARE BASED ON THE ABILITY OF THE RECEIPENT TO PAY. INDIVIDUALS WHO ARE OPEN TO RECEIVING COUNSELING AND OTHER SERVICES BASED ON CHRISTIAN BELIEFS AND PRACTICES MAY RECEIVE SERVICES ON SUCH BASIS.

Program 2

TO PROVIDE EDUCATION AND ADVOCACY DIRECTED AT THE IMPROVEDMENT AND ENHANCEMENT OF MENTAL AND PHYSICAL HEALTH FOR ALL PEOPLE; INCLUDING BUT NOT LIMITED TO PROMOTING AWARENESS OF MENTAL HEALTH ISSURES; PROVIDING COMMUNITY OUTREACH PROGRAMS; AND EDUCATING TO VARIOUS CONSITUENTS SUCH AS HEALTHCARE PROFESSIONALS, RELIGIOUS CONGREGATIONS, EMPLOYEERS, AND OTHER ORGANIZATIONS ABOUT MENTAL HEALTH AWARENESS ISSUES, AND TREATMENT OPTION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $4,398

Program Service Revenue $11,400

Investment Income $0

Other Revenue $0

TOTAL REVENUE $15,798

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,517

Other Expenses $15,517

TOTAL EXPENSES $15,517

Year-over-Year Comparison

	2022	2021	Change
Revenue	$15,798	N/A	N/A
Expenses	$15,517	N/A	N/A
Net Income	$281	N/A	N/A

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
DAWN NXASANA	DIRECTOR	5.00	Officer	$0	$0	$0
NORA IWUNZE	DIRECTOR	5.00	Officer	$0	$0	$0
JUSTINA A OKONKWO	CHAIRMANE OF THE BOARD OF DIR	30.00	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
2022	$15,798	$15,517	$67,281	$281