Civic Intelligence

Mount Hope Learning Center

990 • Fiscal year 2015 • EIN 05-0502405

Jul 01, 2014 to Jun 30, 2015 • Filed on May 10, 2016

140 Cypress StreetProvidence, RI 02906

(401) 455-8875

Siviq Scores

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

Liabilities / Assets

91st percentile

0.67x

Higher debt load relative to assets than 91% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

0.42x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

38th percentile

-0.7%

Higher net margin than 38% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

91st percentile

$45,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 14.9% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

39th percentile

-3.1%

Faster asset growth than 39% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$190,773

Down $6,007 (-3.1%) from 2014

Net Assets

Down

$63,345

Down $7,217 (-10%) from 2014

Liabilities

Up

$127,428

Up $1,210 (+1.0%) from 2014

Revenue

Up

$301,724

Up $40,864 (+16%) from 2014

Expenses

Down

$303,941

Down $46,974 (-13%) from 2014

Net Income

Up

-$2,217

Up $87,838 (+98%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $247,341Liabilities 2011: $35,747Net Assets 2011: $211,5942011Assets 2012: $304,606Liabilities 2012: $132,505Net Assets 2012: $172,1012012Assets 2013: $271,150Liabilities 2013: $118,202Net Assets 2013: $152,9482013Assets 2014: $196,780Liabilities 2014: $126,218Net Assets 2014: $70,5622014Assets 2015: $190,773Liabilities 2015: $127,428Net Assets 2015: $63,3452015Assets 2016: $238,090Liabilities 2016: $107,593Net Assets 2016: $130,4972016Assets 2017: $290,474Liabilities 2017: $89,682Net Assets 2017: $200,7922017Assets 2018: $372,177Liabilities 2018: $105,955Net Assets 2018: $266,2222018Assets 2019: $439,047Liabilities 2019: $97,286Net Assets 2019: $341,7612019Assets 2020: $381,651Liabilities 2020: $98,330Net Assets 2020: $283,3212020Assets 2021: $370,015Liabilities 2021: $109,005Net Assets 2021: $261,0102021Assets 2022: $579,155Liabilities 2022: $243,796Net Assets 2022: $335,3592022Assets 2023: $533,014Liabilities 2023: $99,340Net Assets 2023: $433,6742023Assets 2024: $759,604Liabilities 2024: $178,555Net Assets 2024: $581,0492024

Highlighted filing

2015

Assets$190,773
Liabilities$127,428
Net Assets$63,345

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $470,2142011Expenses 2012: $396,9402012Revenue 2013: $361,697Expenses 2013: $380,850Net Income 2013: -$19,1532013Revenue 2014: $260,860Expenses 2014: $350,915Net Income 2014: -$90,0552014Revenue 2015: $301,724Expenses 2015: $303,941Net Income 2015: -$2,2172015Revenue 2016: $381,137Expenses 2016: $313,985Net Income 2016: $67,1522016Revenue 2017: $423,796Expenses 2017: $353,501Net Income 2017: $70,2952017Revenue 2018: $452,508Expenses 2018: $387,079Net Income 2018: $65,4292018Revenue 2019: $461,241Expenses 2019: $385,702Net Income 2019: $75,5392019Revenue 2020: $242,792Expenses 2020: $301,232Net Income 2020: -$58,4402020Revenue 2021: $206,408Expenses 2021: $228,719Net Income 2021: -$22,3112021Revenue 2022: $478,068Expenses 2022: $403,719Net Income 2022: $74,3492022Revenue 2023: $427,441Expenses 2023: $326,128Net Income 2023: $101,3132023Revenue 2024: $532,978Expenses 2024: $393,039Net Income 2024: $139,9392024

Highlighted filing

2015

Revenue$301,724
Expenses$303,941
Net Income-$2,217
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 10, 2016
Return Version
2014v6.0
Gross Receipts
$302,249
Mission and Program Overview

Mission

The mission of the Mount Hope

The mission of the Mount Hope Learning Learning Center is to provide a safe environment in which the children and adults of the community can learn skills that will enable them to enhance their quality of life and have more productive futures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$157,604$151,549▼ $6,055
Accounts Receivable$21,322$21,452▲ $130
Savings and Temporary Cash Investments$3,431$9,652▲ $6,221
Cash and Non-Interest-Bearing Accounts$14,423$8,120▼ $6,303
Total Assets$196,780$190,773▼ $6,007
Liabilities
Mortgage Notes Payable Secured by Investment Property$93,298$91,221▼ $2,077
Accounts Payable and Accrued Expenses$13,286$24,403▲ $11,117
Deferred Revenue$19,634$11,804▼ $7,830
Total Liabilities$126,218$127,428▲ $1,210
Net Assets / Fund Balance
Unrestricted Net Assets$70,562$63,345▼ $7,217
Total Net Assets Fund Balance$70,562$63,345▼ $7,217
Total Liabilities and Net Assets / Fund Balance$196,780$190,773▼ $6,007

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$89,158$43,161$132,319
Buildings$61,886$30,071$91,957
Equipment$505$19,733$20,238
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Eric TelfortInterm Executive DirectorFT$45,000$45,000

Board Members and Trustees

NameTitle
Leonard LongPresident
Lorraine N LalliVice-President
Andrew CaslowitzBoard Member
Jorge CardenasBoard Member
Kristin LussierBoard Member
Stacy CoutoBoard Member
Sylvia Ann SoaresBoard Member
Wilmette SantosBoard Member
Brenda McgillSecretary
Jana HesserTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$233,294
Program Service Revenue
$55,172
Investment Income
$6
Other Revenue
$13,252
All Other Contributions
$38,901
Change in Net Assets
$-2,217
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$232,454
Other Expenses$71,487
Total Fundraising Expense$8,231
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$185,101$12,204$6,102$203,407
Payroll Taxes$22,335$1,473$736$24,544
Fees for Services Other$14,066$928$464$15,458
Occupancy$6,859$452$226$7,537
Interest$0$7,390$0$7,390
Insurance$6,697$442$220$7,359
Depreciation Depletion$5,511$363$182$6,056
Travel$5,928$0$0$5,928
Office Expenses$3,606$945$96$4,647
Other Employee Benefits$4,104$266$133$4,503
Other Expenses$0$1,085$0$1,085
Total Functional Expenses$270,018$25,692$8,231$303,941
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,608
Fundraising Direct Expenses$525
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Mount Hope Learning Center
EIN
05-0502405
Phone
4014558875
Address
140 Cypress Street, Providence, RI 02906

Signing Officer

Name
Toni Marie Roderick
Title
Executive Director
Phone
4014558875
Signed
2016-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Toni Marie Roderick
Formed
1998
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
10
Employees
18
Volunteers
150

Preparer

Firm
Aaronson Lavoie Streitfeld Diaz & Co Pc
Address
1604 BROAD ST, CRANSTON, RI 02905-4130
Preparer
Denise M Lavoie CPA
Phone
4012230205
Supplemental Narrative

Additional Explanations

Pt VI, Line 7B

The Executive Director reviews the Form 990 prior to filing. The Board of Directors is given a copy of the Form 990 to review after it is filed.

Pt VI, Line 12C

Potential conflicts of interest are discussed annually and recorded in the board meeting minutes, if any exist.

Pt VI, Line 15A

The Board of Directors deliberates and decides the amount of the Executive Director's compensation annually. The deliberations and discussions are evidenced by contemporaneous board meeeting minutes.

Pt VI, Line 19

The governing documents, conflict of interest policy or financial statements are not available to the public.

Pt VI, Line 11B

The Executive Director review Form 990 prior to filing. Form 990 is then made available to board members for their review.

Form 990EZ, Part II, Line 24

Accounts receivable prepaid insurance

Form 990EZ, Part II, Line 26

Accounts payable accrued salaries & payroll taxes accrued expenses

Form 990, Part IX, Line 24F

Repairs and maintenance dues and fees printing and postage bank fee equipment lease miscellaneous

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IRS990/PrincipalOfficerNm0TONI MARIE RODERICK
IRS990/PriorPeriodAdjustmentsAmt0-5000
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0After school/summer program fees
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt055172
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOOL VACATION CAMP AND SUMMER CAMP FOR GRADES K TO 8 SERVING MORE THAN 50 STUDENTS PER WEEK FOCUSED ON READING, MATH, SCIENCE AND TECHNOLOGY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt067504
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt09572
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0194252
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt046
IRS990/PYOtherExpensesAmt080428
IRS990/PYOtherRevenueAmt05520
IRS990/PYProgramServiceRevenueAmt061042
IRS990/PYRevenuesLessExpensesAmt0-90055
IRS990/PYSalariesCompEmpBnftPaidAmt0270487
IRS990/PYTotalExpensesAmt0350915
IRS990/PYTotalRevenueAmt0260860
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-2217
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt045600
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03431
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09652
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Miscellaneous 2011: 670. 2014: 169.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0233294
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0194252
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0281414
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0300782
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0470955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01480697
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt046
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0123
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0225
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0296713
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0169
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0670
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0839
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99930
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99950
IRS990ScheduleA/PublicSupportTotal170Amt01480697
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0233294
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0194252
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0281414
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0300782
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0470955
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01480697
IRS990ScheduleA/TotalSupportAmt01481761
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt061886
IRS990ScheduleD/BuildingsGrp/DepreciationAmt030071
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt091957
IRS990ScheduleD/EquipmentGrp/BookValueAmt0505
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019733
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020238
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt089158
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt043161
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0132319
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0151549
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Executive Director reviews the Form 990 prior to filing. The Board of Directors is given a copy of the Form 990 to review after it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Potential conflicts of interest are discussed annually and recorded in the board meeting minutes, if any exist.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors deliberates and decides the amount of the Executive Director's compensation annually. The deliberations and discussions are evidenced by contemporaneous board meeeting minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents, conflict of interest policy or financial statements are not available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Executive Director review Form 990 prior to filing. Form 990 is then made available to board members for their review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACCOUNTS RECEIVABLE PREPAID INSURANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACCOUNTS PAYABLE ACCRUED SALARIES & PAYROLL TAXES ACCRUED EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7REPAIRS AND MAINTENANCE DUES AND FEES PRINTING AND POSTAGE BANK FEE EQUIPMENT LEASE MISCELLANEOUS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0196780
IRS990/TotalAssetsEOYAmt0190773
IRS990/TotalAssetsGrp/BOYAmt0196780
IRS990/TotalAssetsGrp/EOYAmt0190773
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0233294
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08231
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025692
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0270018
IRS990/TotalFunctionalExpensesGrp/TotalAmt0303941
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0126218
IRS990/TotalLiabilitiesEOYAmt0127428
IRS990/TotalLiabilitiesGrp/BOYAmt0126218
IRS990/TotalLiabilitiesGrp/EOYAmt0127428
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt070562
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt063345
IRS990/TotalProgramServiceExpensesAmt0270018
IRS990/TotalProgramServiceRevenueAmt055172
IRS990/TotalReportableCompFromOrgAmt045000
IRS990/TotalRevenueGrp/ExclusionAmt013258
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt055172
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0301724
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0196780
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0190773

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.60$1.79$5.81$5.33$3.93$1.40
2023Detailed filing. Detailed filing data is available for this year.$5.33$0.99$4.34$4.27$3.26$1.01
2022Detailed filing. Detailed filing data is available for this year.$5.79$2.44$3.35$4.78$4.04$0.74
2021Detailed filing. Detailed filing data is available for this year.$3.70$1.09$2.61$2.06$2.29$0.22
2020Detailed filing. Detailed filing data is available for this year.$3.82$0.98$2.83$2.43$3.01$0.58
2019Detailed filing. Detailed filing data is available for this year.$4.39$0.97$3.42$4.61$3.86$0.76
2018Detailed filing. Detailed filing data is available for this year.$3.72$1.06$2.66$4.53$3.87$0.65
2017Detailed filing. Detailed filing data is available for this year.$2.90$0.90$2.01$4.24$3.54$0.70
2016Detailed filing. Detailed filing data is available for this year.$2.38$1.08$1.30$3.81$3.14$0.67
2015Detailed filing. Detailed filing data is available for this year.$1.91$1.27$0.63$3.02$3.04$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.97$1.26$0.71$2.61$3.51$0.90
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$1.18$1.53$3.62$3.81$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$1.33$1.72$3.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.36$2.12$4.70