NEW HOPE GLOBAL MINISTRIES INC (EIN 922624746) - 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

RICHARD HAYDEN

Phone

8282457766

Tax Period

2024-01-01 to 2024-12-31

NEW HOPE GLOBAL MINISTRIES INC, founded in 2023, is a small nonprofit in the Human Services sector that reported $436K in total revenue in fiscal year 2024. Revenue surged 549% from the prior year, signaling strong growth momentum. The organization ran a surplus of $164K, a strong 37% operating margin.

Mission

To be a hub of many ministries by reaching the nations with the Gospel and empower and reach others with the hope that we have in Christ. This includes church planting, coffee shops, counseling, discipleship training, internships, and apprenticeships.

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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 $436,429

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $436,429

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,519

Fundraising Expenses $47,392

Program Expenses $170,167

Other Expenses $150,402

TOTAL EXPENSES $272,921

Year-over-Year Comparison

	2024	2023	Change
Revenue	$436,429	$67,265	+5.5%
Expenses	$272,921	$37,107	+6.4%
Net Income	$163,508	$30,158	+4.4%

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

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

$58,000

Total Directors

$58,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD HAYDEN	President	40.00	Officer Director	$58,000	$0	$58,000
LAURIE SOUTHWICK	Treasurer	1.00	Officer Director	$0	$0	$0
LAUREE HAYDEN	Secretary	1.00	Officer Director	$0	$0	$0
NEIL PERRY	Director	1.00	Director	$0	$0	$0
SANTI BETANCUR	Director	1.00	Director	$0	$0	$0
JOE FLEMING	Director	0.00	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	$436,429	$272,921	$195,271	$163,508

NEW HOPE GLOBAL MINISTRIES INC