HOPE & MAIN PROVIDENCE (EIN 920968276) - 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

LISA RAIOLA MPH

Tax Period

2023-10-01 to 2024-09-30

HOPE & MAIN PROVIDENCE, founded in 2022, is a community nonprofit in the Community Improvement sector that reported $3.0M in total revenue in fiscal year 2023. Revenue surged 111% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 50% operating margin.

Mission

TO PROVIDE SHARED USE KITCHENS, TECHNICAL AND BUSINESS ASSISTANCE, ACCESS TO MARKETS AND CONNECTIONS TO CAPITAL TO ASSIST ENTREPRENEURS FROM ALL MEANS AND BACKGROUNDS.

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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 $2,399,501

Program Service Revenue $533,138

Investment Income $0

Other Revenue $106,363

TOTAL REVENUE $3,039,002

Expense Breakdown

Grants Paid $0

Salaries & Benefits $447,498

Fundraising Expenses $14,666

Program Expenses $1,092,897

Other Expenses $1,071,975

TOTAL EXPENSES $1,519,473

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,039,002	$1,442,592	+1.1%
Expenses	$1,519,473	$1,107,498	+0.4%
Net Income	$1,519,529	$335,094	+3.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT BROMBERG	DIRECTOR	1.00	Director	$0	$0	$0
SANJIV DHAR	DIRECTOR	1.00	Director	$0	$0	$0
JUAN WILSON JR	DIRECTOR	1.00	Director	$0	$0	$0
DORIS DE LOS SANTOS	DIRECTOR	1.00	Director	$0	$0	$0
NEIL VELOSO	DIRECTOR	1.00	Director	$0	$0	$0
LUCA CARNEVALE	SECRETARY	2.00	Officer	$0	$0	$0
LISA RAIOLA MPH	PRESIDENT	2.00	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
2025	No data	No data	No data	No data
2024	$3,039,002	$1,519,473	$6,316,320	$1,519,529
2023	$1,253,630	$721,986	$2,767,528	$531,644
2023	$1,442,592	$1,107,498	$2,991,735	$335,094

HOPE & MAIN PROVIDENCE