New Hope Home Inc (EIN 952534815) - 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

1965

Legal Domicile

Principal Officer

Alisha Wade

Phone

5626884113

Tax Period

2024-01-01 to 2024-12-31

New Hope Home Inc, founded in 1965, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 297% from the prior year, signaling strong growth momentum. The organization ran a surplus of $911K, a strong 83% operating margin.

Mission

provide affordable housing to elderly persons with low-income in long beach, ca

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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 $1,099,811

Investment Income $3,730

Other Revenue $0

TOTAL REVENUE $1,103,541

Expense Breakdown

Grants Paid $10,900

Salaries & Benefits $72,500

Fundraising Expenses $0

Program Expenses $101,703

Other Expenses $109,102

TOTAL EXPENSES $192,502

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,103,541	$278,138	+3.0%
Expenses	$192,502	$244,647	-0.2%
Net Income	$911,039	$33,491	+26.2%

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

$72,500

Total Directors

$72,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Debra English-Johnson	Secretary	1.00	Officer Director	$36,500	$0	$36,500
alisha wade	CEO	1.00	Officer Director	$36,000	$0	$36,000
bertha green	Secretary	1.00	Officer Director	$0	$0	$0
milyan moore	Director	1.00	Director	$0	$0	$0
gillis monroe sr	Director	1.00	Director	$0	$0	$0
gillis m monroe	Director	1.00	Director	$0	$0	$0
jabin wade	President	1.00	Director	$0	$0	$0
Lenston Marrow	Director	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	$1,103,541	$192,502	$9,892,165	$911,039
2023	$278,138	$244,647	$8,981,126	$33,491
2022	$516,528	$596,745	$8,947,635	$-80,217
2021	$325,893	$166,526	$8,882,684	$159,367
2021	$269,191	$124,023	$9,027,852	$145,168

New Hope Home Inc