GRAND HOPE PARK INC

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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

1993

Legal Domicile

Principal Officer

DENAE JOHNSON

Phone

2136241200

Tax Period

2024-07-01 to 2025-06-30

GRAND HOPE PARK INC, founded in 1993, is a small nonprofit in the Environment sector that reported $533K in total revenue in fiscal year 2024. The organization ran a surplus of $219K, a strong 41% operating margin.

Mission

TO PROVIDE MAINTENANCE AND SECURITY FOR GRAND HOPE PARK LOCATED IN THE SOUTH PARK SECTION OF DOWNTOWN LOS ANGELES.

Program Service Accomplishments

Program 1

Expenses: $298,915 Revenue: $0

GRAND HOPE PARK IS OPEN TO THE PUBLIC SUNDAY THROUGH SATURDAY FROM 8AM TO 7PM. IT OFFERS BRONZES, FOUNTAINS, CHILDREN'S PLAY AREA, EXERCISE EQUIPMENT AND OTHER WORKS OF ART FOR PUBLIC DISPLAY AND...

GRAND HOPE PARK IS OPEN TO THE PUBLIC SUNDAY THROUGH SATURDAY FROM 8AM TO 7PM. IT OFFERS BRONZES, FOUNTAINS, CHILDREN'S PLAY AREA, EXERCISE EQUIPMENT AND OTHER WORKS OF ART FOR PUBLIC DISPLAY AND ENJOYMENT. THE ORGANIZATION ALLOWS THIRD PARTY NON-PROFITS, AND OTHER GROUPS, TO HOST EVENTS, SUCH AS HALLOWEEN TRICK-OR-TREATING, MOVIE NIGHTS, YOGA, AND MORE IN THE PARK FOR A FEE.

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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 $462,727

Investment Income $70,485

Other Revenue $0

TOTAL REVENUE $533,212

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $298,915

Other Expenses $313,723

TOTAL EXPENSES $313,723

Year-over-Year Comparison

	2024	2023	Change
Revenue	$533,212	$535,864	0.0%
Expenses	$313,723	$392,367	-0.2%
Net Income	$219,489	$143,497	+0.5%

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

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
DENAE JOHNSON	PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
MORGAN OLSEN	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
BETH VAN DYKE	DIRECTOR	0.50	Director	$0	$0	$0
DARRYL FORD	DIRECTOR	0.50	Director	$0	$0	$0
DEREK FOULKS	DIRECTOR	0.50	Director	$0	$0	$0
VERONICA SALUMBIDES	DIRECTOR	0.50	Director	$0	$0	$0
POORIA DARYABEYGI	DIRECTOR	0.50	Director	$0	$0	$0
LISA LOO	DIRECTOR	0.50	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	$533,212	$313,723	$3,158,104	$219,489
2024	$535,864	$392,367	$2,938,652	$143,497
2023	$88,340	$465,700	$2,795,474	$-377,360
2022	$770,521	$331,938	$3,494,434	$438,583
2021	$388,189	$372,372	$3,069,021	$15,817
2020	$413,071	$402,482	$3,064,571	$10,589
2019	$422,356	$412,048	$3,071,515	$10,308
2018	$429,712	$350,789	$3,038,251	$78,923