Building Hope Impact Fund Inc (EIN 882703870) - 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

2022

Legal Domicile

Principal Officer

LANCE HELMING

Phone

2024571992

Tax Period

2023-01-01 to 2023-12-31

Building Hope Impact Fund Inc, founded in 2022, is a small nonprofit in the Education sector that reported $327K in total revenue in fiscal year 2023. Revenue surged 157178% from the prior year, signaling strong growth momentum. Expenses of $765K exceeded revenue, resulting in a 134% operating deficit.

Mission

Supporting charter school leaders from across the nation to connect, collaborate, and celebrate education.

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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 $317,000

Program Service Revenue $10,138

Investment Income $0

Other Revenue $0

TOTAL REVENUE $327,138

Expense Breakdown

Grants Paid $176,208

Salaries & Benefits $169,323

Fundraising Expenses $0

Program Expenses $763,021

Other Expenses $419,275

TOTAL EXPENSES $764,806

Year-over-Year Comparison

	2023	2022	Change
Revenue	$327,138	$208	+1571.8%
Expenses	$764,806	$430	+1777.6%
Net Income	$-437,668	$-222	+1970.5%

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

N/A

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

$794,947

Total Directors

$1,933,881

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD MORENO	DIRECTOR	1.0	Director	$0	$23,336	$546,847
DRU DAMICO	DIRECTOR	1.0	Director	$0	$22,162	$525,307
S JOSEPH BRUNO	DIRECTOR	1.0	Director	$0	$13,486	$507,346
ROBIN ODLAND	DIRECTOR	1.0	Director	$0	$0	$354,381
LANCE HELMING	TREASURER	1.0	Officer	$0	$22,500	$341,333
SHERILYN MOORE	PRESIDENT (THRU 05/23)	50.0	Officer	$0	$10,000	$231,056
MICHAEL D'ALESSANDRO	SECRETARY	1.0	Officer	$0	$12,000	$222,558

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	$327,138	$764,806	$184,832	$-437,668

Building Hope Impact Fund Inc