SA HOPE RE INC (EIN 933744095) - 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

MEGAN LEGACY

Phone

2103805492

Tax Period

2024-01-01 to 2024-12-31

SA HOPE RE INC, founded in 2023, is a micro nonprofit in the Human Services sector that reported $70K in total revenue in fiscal year 2024. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $390K exceeded revenue, resulting in a 457% operating deficit.

Mission

THE ORGANIZATION OPERATES FOR THE EXCLUSIVE BENEFIT OF SA CHRISTIAN HOPE RESOURCE CENTER, INC. HOPE RE INC IS A QUALIFIED ACTIVE LOW INCOME COMMUNITY BUSINESS (QALICB) WHICH OWNS THE CONSTRUCTION AND BUILDINGS ON SITE. SA HOPE RE INC WILL PROVIDE THE UPGRADED FACILITY TO FURTHER THE MISSION OF SA CHRISTIAN HOPE RESOURCE CENTER, INC.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $70,000

TOTAL REVENUE $70,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $348,210

Other Expenses $389,563

TOTAL EXPENSES $389,563

Year-over-Year Comparison

	2024	2023	Change
Revenue	$70,000	$1,340,000	-0.9%
Expenses	$389,563	$17,711	+21.0%
Net Income	$-319,563	$1,322,289	-1.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEGAN LEGACY	President	1.00	Officer Director	$0	$0	$0
KENNETH SMITH	Secretary	1.00	Officer Director	$0	$0	$0
BRUCE BARNARD	BOARD MEMBER	1.00	Director	$0	$0	$0
ANN MYERS	BOARD MEMBER	1.00	Director	$0	$0	$0
TIM BAISDON	BOARD MEMBER	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	$70,000	$389,563	$9,025,167	$-319,563
2023	$1,340,000	$17,711	$9,385,468	$1,322,289

SA HOPE RE INC