WORDS OF HOPE 4 LIFE (EIN 873312148) - 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

GLEN SCHWARTZ

Phone

8448445900

Tax Period

2024-01-01 to 2024-12-31

WORDS OF HOPE 4 LIFE, founded in 2021, is a small nonprofit in the Mental Health sector that reported $162K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum.

Mission

OUR MISSION IS TO DEVELOP AND IMPLEMENT NEW AND INNOVATIVE WAYS TO INTEGRATE MENTAL WELLNESS, PREVENTION AND HARM REDUCTION INTO COMMUNITIES. WE FOCUS ON 4 PILLARS TO ACHIEVE OUR GOAL: RESILIANCE, ATTITUDE, INTERCONNECTION TO COMMUNITY, & LEARNING NEW SKILLS.

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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 $75,217

Program Service Revenue $86,278

Investment Income $371

Other Revenue $0

TOTAL REVENUE $161,866

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,611

Fundraising Expenses $0

Program Expenses $114,055

Other Expenses $123,343

TOTAL EXPENSES $170,954

Year-over-Year Comparison

	2024	2023	Change
Revenue	$161,866	$102,710	+0.6%
Expenses	$170,954	$105,859	+0.6%
Net Income	$-9,088	$-3,149	+1.9%

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

Total Directors

$12,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NIKKI O'DONNELL	EXECUTIVE DI	40.00		$19,500	$0	$19,500
ADAM STERN	EXECUTIVE DI	40.00	Director	$12,500	$0	$12,500
SUE DUMOND	SECRETARY	1.00	Officer Director	$0	$0	$0
MARGARET GARVIN	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH MALARNEY	DIRECTOR	1.00	Director	$0	$0	$0
GLEN SCHWARTZ	PRESIDENT/TR	1.00	Officer 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
2024	$161,866	$170,954	$30,899	$-9,088

WORDS OF HOPE 4 LIFE