NEW HOPE RESOURCE CENTER (EIN 943167688) - 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

2003

Legal Domicile

Principal Officer

John Hoover

Phone

5094672900

Tax Period

2023-07-01 to 2024-06-30

NEW HOPE RESOURCE CENTER, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $394K in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $470K exceeded revenue, resulting in a 19% operating deficit.

Mission

To serve the basic human needs with clothing, food and shelter in North Spokane County including the Communities of Riverside, Elk, Chattaroy, Colbert and Mead.

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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 (2023)

Revenue Breakdown

Contributions & Grants $394,087

Program Service Revenue $0

Investment Income $387

Other Revenue $0

TOTAL REVENUE $394,474

Expense Breakdown

Grants Paid $367,222

Salaries & Benefits $60,577

Fundraising Expenses $0

Program Expenses $367,222

Other Expenses $42,028

TOTAL EXPENSES $469,827

Year-over-Year Comparison

	2023	2022	Change
Revenue	$394,474	$231,480	+0.7%
Expenses	$469,827	$292,606	+0.6%
Net Income	$-75,353	$-61,126	+0.2%

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

N/A

Employees

Volunteers

150

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

$55,193

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeanna Swanson	New Hope Director	28	Key Emp	$30,586	$0	$30,586
Sandy Harvey	Food Pantry Director	14	Key Emp	$14,974	$0	$14,974
Ronald Hoxie	Case Manager	10	Key Emp	$9,633	$0	$9,633
Margaret Ruby	Past President	1	Director	$0	$0	$0
Steven Nokes	Treasurer	10	Director	$0	$0	$0
Jack Scott	Board Member	1	Director	$0	$0	$0
Bette Price	Board Member	1	Director	$0	$0	$0
Beth Frost	Board Member	24	Director	$0	$0	$0
Betty Cox	Vice President	4	Director	$0	$0	$0
Lora Benzinger	Board Member	4.00	Director	$0	$0	$0
Lois Blanchette	Secretary	2	Director	$0	$0	$0
John Hoover	President	2	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
2025	No data	No data	No data	No data
2024	$394,474	$469,827	$68,746	$-75,353
2023	$231,480	$292,606	$154,584	$-61,126
2022	$221,164	$185,200	$205,167	$35,964

NEW HOPE RESOURCE CENTER