ART OF HOPE MIAMI INC

EIN: 931616672 501(c)(3) Arts, Culture & Humanities

Miami, FL

Total Revenue
$3,068
Total Expenses
$3,200
Total Assets
$2,467
Net Assets
$2,467
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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
FL
Tax Period
2025-01-01 to 2025-12-31

ART OF HOPE MIAMI INC, founded in 2023, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $3K in total revenue in fiscal year 2025.

Mission

Our mission is to spread hope and positivity throughout our community by using our passion for crafting and cooking to raise funds for local non-profit organizations. We strive to make a meaninful impact on the lives of those in need.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $3,068
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,068

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,200
Other Expenses $3,200
TOTAL EXPENSES $3,200

Year-over-Year Comparison

2025 2024 Change
Revenue $3,068 N/A N/A
Expenses $3,200 N/A N/A
Net Income $-132 N/A N/A
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELENA M CORREA PRESIDENT DIRECTOR 0.00
Officer
$0 $0 $0
DIEGO J CORREA VICE PRESIDENT DIRECTOR 0.00
Officer
$0 $0 $0
DEBORA SANCHEZ TREASURER DIRECTOR 0.00
Officer
$0 $0 $0
ALFREDO J CORREA SECRETARY DIRECTOR 0.00
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 $3,068 $3,200 $2,467 $-132
2024 No data No data No data No data
2023 $10,440 $8,057 $2,383 $2,383
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