HOMES OF PROMISE LIMITED

EIN: 883073243 501(c)(3) Crime & Legal

LAS VEGAS, NV

Total Revenue
$453,733
Total Expenses
$714,756
Total Assets
$81,172
Net Assets
$-533,750
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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
NV
Principal Officer
RICHARD JUMPER
Phone
8007698421
Tax Period
2024-01-01 to 2024-12-31

HOMES OF PROMISE LIMITED, founded in 2022, is a small nonprofit in the Crime & Legal sector that reported $454K in total revenue in fiscal year 2024. Expenses of $715K exceeded revenue, resulting in a 58% operating deficit.

Mission

HOMES OF PROMISE OPERATES TRANSITIONAL SOBER-LIVING HOMES IN LOS ANGELES COUNTY, CALIFORNIA.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $453,733
Investment Income $0
Other Revenue $0
TOTAL REVENUE $453,733

Expense Breakdown

Grants Paid $0
Salaries & Benefits $231,749
Fundraising Expenses $0
Program Expenses $714,756
Other Expenses $483,007
TOTAL EXPENSES $714,756

Year-over-Year Comparison

2024 2023 Change
Revenue $453,733 N/A N/A
Expenses $714,756 N/A N/A
Net Income $-261,023 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

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Governance

Voting Members
5
Independent Members
5
Employees
2
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD JUMPER PRESIDENT 5.00
Officer
$0 $0 $0
ROB NOMBDER SECRETARY 5.00
Officer
$0 $0 $0
DANIEL HAWKINS TREASURER 5.00
Officer
$0 $0 $0
SETH JOHNSON DIRECTOR 5.00
Officer
$0 $0 $0
JUSTIN JUMPER DIRECTOR 5.00
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
2024 $453,733 $714,756 $81,172 $-261,023
2023 $526,802 $797,347 $56,955 $-270,545
2022 $142,627 $140,396 $47,611 $2,231
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