HAVEN OF HOPE & OPPORTUNITY INC (EIN 920728676) - 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

2023

Legal Domicile

Principal Officer

GREGORY THOMPSON

Tax Period

2024-01-01 to 2024-12-31

HAVEN OF HOPE & OPPORTUNITY INC, founded in 2023, is a small nonprofit in the Unknown sector that reported $180K in total revenue in fiscal year 2024. Revenue surged 362% from the prior year, signaling strong growth momentum. Expenses of $157K left a modest 13% surplus.

Mission

HHO provides preventive services for boys and young men ages 8???18, focusing on issues that impact their daily lives and supporting their healthy development and success.

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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 (2024)

Revenue Breakdown

Contributions & Grants $180,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $180,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,800

Fundraising Expenses $0

Program Expenses $66,945

Other Expenses $66,945

TOTAL EXPENSES $156,745

Year-over-Year Comparison

	2024	2023	Change
Revenue	$180,000	$39,000	+3.6%
Expenses	$156,745	$38,814	+3.0%
Net Income	$23,255	$186	+124.0%

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

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

$20

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOBBY BYRD	PRESIDENT	4	Director	$0	$0	$0
BISHOP ERNEST MCNEAR	VICE PRESIDENT	2		$0	$0	$0
REV DR JOSEPH CONNER	TREASURER	2	Officer	$0	$0	$0
LUZENIA LOVETT	SECRETARY	3	Officer	$0	$0	$0
REV DR CASSANADRA GRAVES	N/A	2	Officer	$0	$0	$0
GREGORY THOMPSON	EXECUTIVE DIRECTOR	30	Director	$20	$0	$20

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	$180,000	$156,745	$23,441	$23,255
2023	$39,000	$38,814	$186	$186

HAVEN OF HOPE & OPPORTUNITY INC