HOPE INITIATIVE 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

2022

Legal Domicile

Principal Officer

JESSICA TUCKER

Phone

2705199630

Tax Period

2023-01-01 to 2023-12-31

HOPE INITIATIVE INC, founded in 2022, is a community nonprofit in the Human Services sector that reported $5.9M in total revenue in fiscal year 2023. Revenue surged 209% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.6M, a strong 95% operating margin.

Mission

TO PROVIDE DISASTER RELIEF AND OTHER SUPPORT SERVICES TO RESIDENTS OF GRAVES COUNTY WHILE SPREADING THE GOSPEL OF JESUS CHRIST.

Program Service Accomplishments

Program 1

HOUSES ARE UNDER CONSTRUCTION AND WILL BE SOLD TO RESIDENTS OF GRAVES COUNTY WHO LOST THEIR HOMES DURING THE TORNADO THAT OCCURED ON 12-10-2021. THE HOUSES WILL BE SOLD AT COST WITH NO PROFIT...

HOUSES ARE UNDER CONSTRUCTION AND WILL BE SOLD TO RESIDENTS OF GRAVES COUNTY WHO LOST THEIR HOMES DURING THE TORNADO THAT OCCURED ON 12-10-2021. THE HOUSES WILL BE SOLD AT COST WITH NO PROFIT REALIZED ON THE SALE. CONSTRUCTION COSTS ACCUMULATE IN THE ASSET ACCOUNT "CONSTRUCTION IN PROGRESS" UNTIL THE HOME IS COMPLETED AND SOLD.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,904,139

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,904,139

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $285,934

TOTAL EXPENSES $285,934

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,904,139	$1,908,832	+2.1%
Expenses	$285,934	$128,655	+1.2%
Net Income	$5,618,205	$1,780,177	+2.2%

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

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	Role	Reportable Comp	Other Comp	Total
STEPHEN BOYKEN	PRESIDENT	Officer Director	$0	$0	$0
TAMARA BRINDLEY	SECRETARY	Officer Director	$0	$0	$0
JESSICA TUCKER	TREASURER	Officer Director	$0	$0	$0
CATHERINE PRICE	OFFICER	Director	$0	$0	$0
WESLEY FOWLER	OFFICER	Director	$0	$0	$0
BRAD MORRIS	OFFICER	Director	$0	$0	$0
GREG HUSSEY	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	No data	No data	No data	No data
2023	$5,904,139	$285,934	$7,570,143	$5,618,205
2022	$1,908,832	$128,655	$1,754,025	$1,780,177