HOPE FOR THE CITIES INC (EIN 883749803) - 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

Theresa Evetts

Phone

9724422261

Tax Period

2023-09-01 to 2024-08-31

HOPE FOR THE CITIES INC, founded in 2022, is a small nonprofit in the Human Services sector that reported $717K in total revenue in fiscal year 2023. Revenue surged 104% from the prior year, signaling strong growth momentum. Expenses of $653K left a modest 9% surplus.

Mission

Hope for the Cities is a nonprofit organization that helps the hungry and homeless of SE Collin County live a healthy and sustainable lifestyle.

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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 $717,450

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $717,450

Expense Breakdown

Grants Paid $483,485

Salaries & Benefits $125,885

Fundraising Expenses $0

Program Expenses $652,725

Other Expenses $43,605

TOTAL EXPENSES $652,975

Year-over-Year Comparison

	2023	2022	Change
Revenue	$717,450	$351,274	+1.0%
Expenses	$652,975	$514,793	+0.3%
Net Income	$64,475	$-163,519	-1.4%

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

205

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
Kris S Segrest	Director	0.50	Director	$0	$0	$0
Jon Bailey	Executive Dir.	0.50	Director	$0	$0	$0
Theresa Evetts	Treasurer	0.50	Director	$0	$0	$0
Darin Reeves	Chairman	0.50	Director	$0	$0	$0
Cheriana Bowen	Secretary	0.50	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	$717,450	$652,975	$16,794	$64,475
2023	$351,274	$514,793	$19,518	$-163,519

HOPE FOR THE CITIES INC