Civic Intelligence

Ray of Hope Project

990EZ • Fiscal year 2016 • EIN 02-0722777

Jan 01, 2016 to Dec 31, 2016 • Filed on May 10, 2017

Organization Profile
1354 Ruan StPhiladelphia, PA 19124

(215) 744-1060

Siviq Scores

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

Liabilities / Assets

89th percentile

0.48x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

77th percentile

0.06x

Higher debt load relative to revenue than 77% of similar nonprofits.

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

Net Margin

57th percentile

6.2%

Higher net margin than 57% 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

74th percentile

22%

Faster asset growth than 74% of similar nonprofits.

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

Revenue Growth

43rd percentile

-3.2%

Faster revenue growth than 43% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$3,398

Up $619 (+22%) from 2015

Net Assets

Up

$1,757

Up $1,816 (+3078%) from 2015

Liabilities

Down

$1,641

Down $1,197 (-42%) from 2015

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin57th percentile

Revenue

Down

$29,063

Down $961 (-3.2%) from 2015

Expenses

Down

$27,247

Down $2,836 (-9.4%) from 2015

Net Income

Up

$1,816

Up $1,875 (+3178%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$8.0K$6.0K$4.0K$2.0K$0-$2.0KAssets 2013: $2,776Liabilities 2013: $2,776Net Assets 2013: $02013Assets 2014: $2,838Liabilities 2014: $2,790Net Assets 2014: $482014Assets 2015: $2,779Liabilities 2015: $2,838Net Assets 2015: -$592015Assets 2016: $3,398Liabilities 2016: $1,641Net Assets 2016: $1,7572016Assets 2017: $7,298Liabilities 2017: $0Net Assets 2017: $7,2982017

Highlighted filing

2016

Assets$3,398
Liabilities$1,641
Net Assets$1,757
Open 2016 Filing

Operations Trend

Revenue Growth43rd percentile

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

$40K$30K$20K$10K$0-$10KRevenue 2013: $19,827Expenses 2013: $19,827Net Income 2013: $02013Revenue 2014: $13,636Expenses 2014: $13,588Net Income 2014: $482014Revenue 2015: $30,024Expenses 2015: $30,083Net Income 2015: -$592015Revenue 2016: $29,063Expenses 2016: $27,247Net Income 2016: $1,8162016Revenue 2017: $25,119Expenses 2017: $19,578Net Income 2017: $5,5412017

Highlighted filing

2016

Revenue$29,063
Expenses$27,247
Net Income$1,816
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 10, 2017
Return Version
2016v3.0
Gross Receipts
$29,063
Mission and Program Overview

Mission

Repair structural damages to low income

Program Services

DescriptionGrantsExpenses
REPAIR STRUCTURAL DAMAGES TO LOW INCOME HOUSING--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAYMOND GANTPresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Ray of Hope Project
EIN
02-0722777
Address
1354 RUAN ST, Philadelphia, PA 19124

Signing Officer

Name
Raymond Gant
Title
President
Phone
2157441060
Signed
2017-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Kartha Financial Inc
Address
5901 CASTOR AVENUE, Philadelphia, PA 19149
Preparer
Suda Kartha CPA
Phone
2158311095
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountDONATIONS RECIEVED 6,018GRANTS RECIEVED 5,500SALE OF 611 E CLEMENTTON ST 10,045OTHER INCOME 7,500”

List of grants and similar amounts paid Part I line 10

“Activity REPAIRS Grantee 0”

Description of other expenses Part I line 16

“Description AmountCASUAL LABOR 900FEES CREDIT CARD 5,800FOOD VOLUNTEERS 4,273GASOLINE TRUCK 130HOLIDAY DRIVE 957INSURANCE TRUCK 797INTERNET PHONE 240MISCELLANEOUS 436RENT 6,300REPAIRS TRUCK 504SUPPLIES AND MATERIALS 4,950UTILITY 400STORAGE SPACE 1,560”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearSHORT TERM LOANS 2,838 1,641”

Raw XML Appendix121 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RAYMOND GANT
IRS990EZ/BooksInCareOfDetail/PhoneNum02157441060
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01354 RUAN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PHILADELPHIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019124
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02779
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03398
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01816
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02779
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03398
IRS990EZ/GrossReceiptsAmt029063
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-59
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01757
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-59
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01757
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RAYMOND GANT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt027247
IRS990EZ/OtherRevenueTotalAmt029063
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0REPAIR STRUCTURAL DAMAGES TO LOW INCOME
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0REPAIR STRUCTURAL DAMAGES TO LOW INCOME HOUSING
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02838
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01641
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt027247
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt029063
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt013636
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt014652
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt013885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt042173
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt042173
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt013636
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt014652
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt013885
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt042173
IRS990ScheduleA/TotalSupportAmt042173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDONATIONS RECIEVED 6,018GRANTS RECIEVED 5,500SALE OF 611 E CLEMENTTON ST 10,045OTHER INCOME 7,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity REPAIRS Grantee 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountCASUAL LABOR 900FEES CREDIT CARD 5,800FOOD VOLUNTEERS 4,273GASOLINE TRUCK 130HOLIDAY DRIVE 957INSURANCE TRUCK 797INTERNET PHONE 240MISCELLANEOUS 436RENT 6,300REPAIRS TRUCK 504SUPPLIES AND MATERIALS 4,950UTILITY 400STORAGE SPACE 1,560
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearSHORT TERM LOANS 2,838 1,641
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAYMOND GANT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02157441060
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAY OF HOPE PROJECT
ReturnHeader/Filer/BusinessNameControlTxt0RAYO
ReturnHeader/Filer/EIN0020722777
ReturnHeader/Filer/USAddress/AddressLine1Txt01354 RUAN ST
ReturnHeader/Filer/USAddress/CityNm0Philadelphia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019124
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09F028340A6D660E03158C68B2398429DBC0DDFB2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09F028340A6D660E03158C68B2398429DBC0DDFB2
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId0235256201722234jqkdw
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-08-10
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0100.11.196.55
ReturnHeader/FilingSecurityInformation/IPDt02017-08-10
ReturnHeader/FilingSecurityInformation/IPTm005:35:41
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232940153
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KARTHA FINANCIAL INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05901 CASTOR AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Philadelphia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019149
ReturnHeader/PreparerPersonGrp/PhoneNum02158311095
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUDA KARTHA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-08-10T05:41:45-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,398
Liabilities
$1,641
Net assets
$1,757
Revenue
$29,063
Expenses
$27,247
Net income
$1,816
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$7.30$0.00$7.30$25.1$19.6$5.54
2016Detailed filing. Detailed filing data is available for this year.$3.40$1.64$1.76$29.1$27.2$1.82
2015Detailed filing. Detailed filing data is available for this year.$2.78$2.84$0.06$30.0$30.1$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.84$2.79$0.05$13.6$13.6$0.05
2013Detailed filing. Detailed filing data is available for this year.$2.78$2.78$0.00$19.8$19.8$0.00