GREATER HOPE FOUNDATION FOR CHILDREN INC (EIN 900111715) - 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

2003

Legal Domicile

Principal Officer

HELENA LOPEZ

Phone

6268577300

Tax Period

2023-01-01 to 2023-12-31

GREATER HOPE FOUNDATION FOR CHILDREN INC, founded in 2003, is a mid-sized nonprofit in the Human Services sector that reported $10.4M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

GREATER HOPE FOUNDATIONS MISSION IS TO ENHANCE THE QUALITY OF LIFE FOR THOSE IN NEED THROUGH CULTURALLY RESPONSIVE INTEGRATED SERVICES.

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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 $10,229,274

Program Service Revenue $0

Investment Income $2

Other Revenue $211,461

TOTAL REVENUE $10,440,737

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,930,514

Fundraising Expenses $591,631

Program Expenses $9,557,165

Other Expenses $5,371,047

TOTAL EXPENSES $10,301,561

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,440,737	$7,354,767	+0.4%
Expenses	$10,301,561	$9,042,617	+0.1%
Net Income	$139,176	$-1,687,850	-1.1%

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

$930,129

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRIEDA SCOTT	PRESIDENT	3.00	Officer Director	$0	$0	$0
KELLY KOLTERMAN	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
SHIRLEY ROACH	SECRETARY	3.00	Officer Director	$0	$0	$0
CECILIA MANSILA	TREASURER	3.00	Director	$0	$0	$0
CHARLES HART	BOARD MEMBER	3.00	Director	$0	$0	$0
HELENA LOPEZ	CHIEF EXECUTIVE DIRECTOR	40.00	Officer	$287,935	$0	$287,935
JOSE B LOPEZ	CHIEF PROGRAM OFFICER	40.00	Officer	$205,332	$0	$205,332
REAKO DAVIS	CHIEF OPERATING OFFICER	40.00	Officer	$179,362	$0	$179,362
AMANDA BELL	DIRECTOR OF DEVELOPMENT	40.00	Officer	$123,600	$0	$123,600
MARY FRAME	CHIEF HUMAN RESOURCE	40.00	Officer	$133,900	$0	$133,900

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	$10,440,737	$10,301,561	$1,996,706	$139,176
2022	$7,354,767	$9,042,617	$1,200,763	$-1,687,850
2021	$8,882,753	$7,842,158	$2,132,490	$1,040,595
2020	$7,345,519	$7,666,239	$1,926,789	$-320,720
2019	$7,568,663	$6,906,153	$1,667,571	$662,510
2018	$6,113,760	$5,995,497	$1,097,869	$118,263

GREATER HOPE FOUNDATION FOR CHILDREN INC