HOPE FOR YOUTH AND FAMILIES INC

EIN: 933342421 501(c)(3) Human Services

LONGMEADOW, MA

Total Revenue
$395,249
Total Expenses
$277,454
Total Assets
$117,795
Net Assets
$117,795
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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
MA
Principal Officer
ROBERT BOLDUC
Phone
4132858886
Tax Period
2023-09-11 to 2023-12-31

HOPE FOR YOUTH AND FAMILIES INC, founded in 2023, is a small nonprofit in the Human Services sector that reported $395K in total revenue in fiscal year 2023. The organization ran a surplus of $118K, a strong 30% operating margin.

Mission

OUR MISSION IS TO HELP YOUTH AND FAMILIES IN UNDERSERVED COMMUNITIES ACHIEVE THEIR FULL POTENTIAL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $370,249
Program Service Revenue $25,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $395,249

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $277,454
Other Expenses $277,454
TOTAL EXPENSES $277,454

Year-over-Year Comparison

2023 2022 Change
Revenue $395,249 N/A N/A
Expenses $277,454 N/A N/A
Net Income $117,795 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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN SCHUSTER TREASURER/DIRECTOR 1.00
Officer Director
$0 $0 $0
ROBERT BOLODUC PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
ROBERTA BOLODUC CLERK/DIRECTOR 1.00
Officer 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 No data No data No data No data
2023 $395,249 $277,454 $117,795 $117,795
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