HOPE DESOTO LONG TERM RECOVERY GROUP INC (EIN 923427084) - 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

AMANDA REUTER

Phone

8632029795

Tax Period

2024-01-01 to 2024-12-31

HOPE DESOTO LONG TERM RECOVERY GROUP INC, founded in 2022, is a small nonprofit in the Public Safety sector that reported $231K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $389K exceeded revenue, resulting in a 68% operating deficit.

Mission

THE MISSION OF HOPE DESOTO LONG TERM RECOVERY GROUP INC, IS TO PROVIDE PREPAREDNESS, RESPONSE, RECOVERY, AND MITIGATION ASSISTANCE TO THOSE IMPACTED BY DISASTERS WITHIN DESOTO COUNTY. WE PARTNER TOGETHER WITH ORGANIZATIONS TO REBUILD HOMES, AND PROVIDE HOPE. RECOVERY SERVICES WILL BE PROVIDED REGARDLESS OF INDIVIDUAL'S RACE, CREED, COLOR, GENDER, DISABILITY OR RELIGIOUS PREFERENCE. THE GOAL FOR HOPE DESOTO IS TO SEE ALL FELLOW COMMUNITY MEMBERS FULLY RECOVER FROM DISASTERS AND TO BUILD RESILIENCY THROUGHOUT THE COMMUNITY.

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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 $219,292

Program Service Revenue $0

Investment Income $11,596

Other Revenue $0

TOTAL REVENUE $230,888

Expense Breakdown

Grants Paid $174,859

Salaries & Benefits $188,863

Fundraising Expenses $2,999

Program Expenses $244,053

Other Expenses $24,978

TOTAL EXPENSES $388,700

Year-over-Year Comparison

	2024	2023	Change
Revenue	$230,888	$627,719	-0.6%
Expenses	$388,700	$88,809	+3.4%
Net Income	$-157,812	$538,910	-1.3%

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

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

$38,160

Total Directors

$138,709

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD SEARS	PASTORAL DIR	40.00	Director	$70,300	$0	$70,300
AMANDA REUTER	EXECUTIVE DI	40.00	Director	$68,409	$0	$68,409
LATWANIA POOLE	ADMINISTRATI	40.00	Officer	$38,160	$0	$38,160
JENNIFER ANN BOWSER	CHAIRMAN	8.00	Director	$0	$0	$0
HOPE CROSS	TREASURER	4.00	Director	$0	$0	$0
GORDON MARTIN	VC	4.00	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	$230,888	$388,700	$382,627	$-157,812
2023	$627,719	$88,809	$539,676	$538,910

HOPE DESOTO LONG TERM RECOVERY GROUP INC