Civic Intelligence

Ray of Hope Project

990EZ • Fiscal year 2017 • EIN 02-0722777

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 10, 2018

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

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

92nd percentile

115%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-14%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$7,298

Up $3,900 (+115%) from 2016

Net Assets

Up

$7,298

Up $5,541 (+315%) from 2016

Liabilities

Down

$0

Down $1,641 (-100%) from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin78th percentile

Revenue

Down

$25,119

Down $3,944 (-14%) from 2016

Expenses

Down

$19,578

Down $7,669 (-28%) from 2016

Net Income

Up

$5,541

Up $3,725 (+205%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth92nd 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

2017

Assets$7,298
Liabilities$0
Net Assets$7,298
Open 2017 Filing

Operations Trend

Revenue Growth29th 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

2017

Revenue$25,119
Expenses$19,578
Net Income$5,541
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 10, 2018
Return Version
2017v2.2
Gross Receipts
$25,119
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 Pay76th 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
2159647627
Signed
2018-10-10
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 11,819GRANTS RECIEVED 7,500SALE OF 3712 n 9th st phila 5,800”

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 850FEES CREDIT CARD 6,200FOOD PROJECT 438FOOD VOLUNTEERS 2,014GASOLINE TRUCK 165HOLIODAY DRIVE 690MISCELLANEOUS 212PHONE CELL 67POSTAGE 150RENT 5,400REPAIRS TRUCK 408SUPPLIES AND MATERIALS 501STORAGE SPACE 1,560TOOLS EQUIPMENT 923”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearSHORT TERM LOANS 1,641 0”

Raw XML Appendix119 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/BOYAmt03398
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07298
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05541
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03398
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07298
IRS990EZ/GrossReceiptsAmt025119
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01757
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07298
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01757
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07298
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/OtherExpensesTotalAmt019578
IRS990EZ/OtherRevenueTotalAmt025119
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/BOYAmt01641
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt019578
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt025119
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt013636
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt014652
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt028288
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt028288
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt013636
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt014652
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt028288
IRS990ScheduleA/TotalSupportAmt028288
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDONATIONS RECIEVED 11,819GRANTS RECIEVED 7,500SALE OF 3712 n 9th st phila 5,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity REPAIRS Grantee 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountCASUAL LABOR 850FEES CREDIT CARD 6,200FOOD PROJECT 438FOOD VOLUNTEERS 2,014GASOLINE TRUCK 165HOLIODAY DRIVE 690MISCELLANEOUS 212PHONE CELL 67POSTAGE 150RENT 5,400REPAIRS TRUCK 408SUPPLIES AND MATERIALS 501STORAGE SPACE 1,560TOOLS EQUIPMENT 923
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearSHORT TERM LOANS 1,641 0
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAYMOND GANT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02159647627
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-10
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/FederalOriginalSubmissionId02352562018286vtstsjw
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-10-13
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0100.11.199.210
ReturnHeader/FilingSecurityInformation/IPDt02018-10-13
ReturnHeader/FilingSecurityInformation/IPTm010:47:55
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/PreparationDt02018-10-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUDA KARTHA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-10-13T11:57:55-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,298
Liabilities
$0
Net assets
$7,298
Revenue
$25,119
Expenses
$19,578
Net income
$5,541
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