Civic Intelligence

Olney Hope Inc.

990EZ • Fiscal year 2016 • EIN 01-0843519

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 07, 2017

PO Box 492Olney, TX 76374

(940) 564-5681

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.25x

Higher debt load relative to assets than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

93rd percentile

0.62x

Higher debt load relative to revenue than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

97th percentile

84%

Higher net margin than 97% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

93rd percentile

140%

Faster asset growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-33%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$283,792

Up $165,626 (+140%) from 2015

Net Assets

Up

$213,792

Up $95,626 (+81%) from 2015

Liabilities

Up

$70,000

Up $70,000 from 2015

Revenue

Down

$113,275

Down $55,998 (-33%) from 2015

Expenses

Down

$17,649

Down $74,137 (-81%) from 2015

Net Income

Up

$95,626

Up $18,139 (+23%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2013: $39,721Liabilities 2013: $1,2332013Assets 2014: $40,937Liabilities 2014: $258Net Assets 2014: $40,6792014Assets 2015: $118,166Liabilities 2015: $0Net Assets 2015: $118,1662015Assets 2016: $283,792Liabilities 2016: $70,000Net Assets 2016: $213,7922016Assets 2017: $326,911Liabilities 2017: $70,000Net Assets 2017: $256,9112017Assets 2018: $314,281Liabilities 2018: $0Net Assets 2018: $314,2812018Assets 2019: $311,000Liabilities 2019: $0Net Assets 2019: $311,0002019Assets 2020: $331,094Liabilities 2020: $0Net Assets 2020: $331,0942020Assets 2021: $353,926Liabilities 2021: $0Net Assets 2021: $353,9262021Assets 2022: $349,497Liabilities 2022: $0Net Assets 2022: $349,4972022Assets 2023: $344,191Liabilities 2023: $0Net Assets 2023: $344,1912023Assets 2024: $360,940Net Assets 2024: $360,9402024

Highlighted filing

2016

Assets$283,792
Liabilities$70,000
Net Assets$213,792

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2013: $132,589Expenses 2013: $126,287Net Income 2013: $6,3022013Revenue 2014: $143,783Expenses 2014: $141,592Net Income 2014: $2,1912014Revenue 2015: $169,273Expenses 2015: $91,786Net Income 2015: $77,4872015Revenue 2016: $113,275Expenses 2016: $17,649Net Income 2016: $95,6262016Revenue 2017: $60,975Expenses 2017: $17,855Net Income 2017: $43,1202017Revenue 2018: $63,005Expenses 2018: $5,635Net Income 2018: $57,3702018Revenue 2019: $1,028Expenses 2019: $4,309Net Income 2019: -$3,2812019Revenue 2020: $24,798Expenses 2020: $4,704Net Income 2020: $20,0942020Revenue 2021: $28,334Expenses 2021: $5,502Net Income 2021: $22,8322021Revenue 2022: $11,100Expenses 2022: $15,530Net Income 2022: -$4,4302022Revenue 2023: $0Expenses 2023: $5,306Net Income 2023: -$5,3062023Revenue 2024: $23,000Expenses 2024: $6,251Net Income 2024: $16,7492024

Highlighted filing

2016

Revenue$113,275
Expenses$17,649
Net Income$95,626
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 7, 2017
Return Version
2016v3.0
Gross Receipts
$113,275
Mission and Program Overview

Mission

To provide programs and activities for the youth of Olney, Texas in order for them to obtain necessary school supplies, assistance with various schoolwork, such as homework and tutoring, and various mentoring and team building activities so each child has the resources to excel both academically and socially.

Program Services

DescriptionGrantsExpenses
College and Career Preparation - To provide students activities to prepare for college and career paths. Programs also show students how to be successful and how to work together for a common goal. Award scholarships. Approximately 6 students benefited.$7,597-
Backpack Day - To provide children the necessary supplies to do well in school. Approximately 75 students benefited.$6,499-
After School, Mentoring and Integration Program, childcare - To provide a safe place after school and someone to help complete homework. To provide a mentor to the children, and to help integrate children from other areas to the Olney school district. Approximately 71 children benefited from the program.$1,598-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark McClellandPresidentPT$0--
Kelly MahlerVice President-$0--
Ron RogersSecretary-$0--
Scotte ClarkExecutive DirecPT$0--
Filing and Contact Details

Filer

Filer Name
Olney Hope Inc
EIN
01-0843519
Phone
9405645681
Address
PO Box 492, Olney, TX 76374

Signing Officer

Name
Mark McClelland
Title
President
Signed
2017-06-07
Discuss with paid preparer
Yes

Preparer

Firm
Lukert Mayers Widner & Co Pc
Address
219 E MAIN ST, Olney, TX 76374
Preparer
Kathryn M Mayers
Phone
9405645643
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $700

Other Expenses.1009

Depreciation $4718

Other Expenses.1

Backpack Program $4902

Other Expenses.2

Next Step Expense $229

Other Assets.1001

Automobiles - Beginning $11570 Automobiles - Ending $6942

Other Assets.1003

Machinery and Equipment - Beginning $883 Machinery and Equipment - Ending $793

Other Assets.1004

Miscellaneous - Beginning $80500 Miscellaneous - Ending $225500

Total Liabilities.1007

Secured Mortgages and Notes Payable - Beginning $0 Secured Mortgages and Notes Payable - Ending $70000

Raw XML Appendix172 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Olney
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Executive Direc
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IRS990EZ/Organization501c3Ind0X
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IRS990EZ/PrimaryExemptPurposeTxt0To provide programs and activities for the youth of Olney, Texas in order for them to obtain necessary school supplies, assistance with various schoolwork, such as homework and tutoring, and various mentoring and team building activities so each child has the resources to excel both academically and socially.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Backpack Day - To provide children the necessary supplies to do well in school. Approximately 75 students benefited.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1College and Career Preparation - To provide students activities to prepare for college and career paths. Programs also show students how to be successful and how to work together for a common goal. Award scholarships. Approximately 6 students benefited.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2After School, Mentoring and Integration Program, childcare - To provide a safe place after school and someone to help complete homework. To provide a mentor to the children, and to help integrate children from other areas to the Olney school district. Approximately 71 children benefited from the program.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0165340
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $4718
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Backpack Program $4902
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Next Step Expense $229
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Automobiles - Beginning $11570 Automobiles - Ending $6942
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Machinery and Equipment - Beginning $883 Machinery and Equipment - Ending $793
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Miscellaneous - Beginning $80500 Miscellaneous - Ending $225500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Secured Mortgages and Notes Payable - Beginning $0 Secured Mortgages and Notes Payable - Ending $70000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1007
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mark McClelland
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Olney Hope Inc
ReturnHeader/Filer/BusinessNameControlTxt0OLNE
ReturnHeader/Filer/EIN0010843519
ReturnHeader/Filer/PhoneNum09405645681
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 492
ReturnHeader/Filer/USAddress/CityNm0Olney
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076374
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUKERT MAYERS WIDNER & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0219 E MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Olney
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076374
ReturnHeader/PreparerPersonGrp/PhoneNum09405645643
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kathryn M Mayers
ReturnHeader/ReturnTs02017-06-08T15:49:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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