HOPE FOR SUFFOLK (EIN 932163622) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

WESLEY E BARNES JR

Phone

7572699710

Tax Period

2024-01-01 to 2024-12-31

HOPE FOR SUFFOLK, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $114K in total revenue in fiscal year 2023. The organization ran a surplus of $98K, a strong 86% operating margin.

Mission

WE EXIST TO CREATE ENVIRONMENTS AND OPPORTUNITIES IN WHICH HOLISTIC TRANSFORMATION TAKES PLACE THROUGH RELATIONSHIPS, EXPERIENCES, AND REFLECTION.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $206,728

Program Service Revenue $32,190

Investment Income $1,406

Other Revenue $75

TOTAL REVENUE $240,399

Expense Breakdown

Grants Paid $0

Salaries & Benefits $158,804

Fundraising Expenses $0

Program Expenses $175,418

Other Expenses $77,891

TOTAL EXPENSES $236,695

Year-over-Year Comparison

	2024	2023	Change
Revenue	$240,399	$114,009	+1.1%
Expenses	$236,695	$15,828	+14.0%
Net Income	$3,704	$98,181	-1.0%

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

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
DEBORAH WATERS	PRESIDENT	4.00	Officer Director	$0	$0	$0
WESLEY E BARNES JR	TREASURER	2.00	Officer Director	$0	$0	$0
BRETT CARL	SECRETARY	2.00	Officer Director	$0	$0	$0
JEFF DAVIES	TRUSTEE	1.00	Director	$0	$0	$0
CRYSTAL ARTIS	TRUSTEE	1.00	Director	$0	$0	$0
KEITH WATERS	TRUSTEE	1.00	Director	$0	$0	$0
MADISON SLABAUGH	TRUSTEE	1.00	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	$240,399	$236,695	$101,885	$3,704
2023	$114,009	$15,828	$100,976	$98,181

HOPE FOR SUFFOLK