Civic Intelligence

My Hope Chest

990 • Fiscal year 2020 • EIN 20-0299888

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

505 South Melville AvenueTampa, FL 33606

(727) 642-4243

Siviq Scores

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

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

35th percentile

-3.7%

Higher net margin than 35% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$51,008

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 24.8% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

27th percentile

-11%

Faster asset growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

82nd percentile

27%

Faster revenue growth than 82% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$76,380

Down $8,976 (-11%) from 2019

Net Assets

Down

$74,255

Down $7,625 (-9.3%) from 2019

Liabilities

Down

$2,125

Down $1,351 (-39%) from 2019

Revenue

Up

$205,469

Up $43,463 (+27%) from 2019

Expenses

Up

$213,094

Up $1,409 (+0.7%) from 2019

Net Income

Up

-$7,625

Up $42,054 (+85%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2012: $31,442Liabilities 2012: $02012Assets 2013: $37,970Liabilities 2013: $259Net Assets 2013: $37,7112013Assets 2014: $127,239Liabilities 2014: $3,233Net Assets 2014: $124,0062014Assets 2015: $160,852Liabilities 2015: $4,406Net Assets 2015: $156,4462015Assets 2016: $223,337Liabilities 2016: $8,758Net Assets 2016: $214,5792016Assets 2017: $179,055Liabilities 2017: $13,986Net Assets 2017: $165,0692017Assets 2018: $143,872Liabilities 2018: $12,313Net Assets 2018: $131,5592018Assets 2019: $85,356Liabilities 2019: $3,476Net Assets 2019: $81,8802019Assets 2020: $76,380Liabilities 2020: $2,125Net Assets 2020: $74,2552020Assets 2021: $50,451Liabilities 2021: $378,665Net Assets 2021: -$328,2142021Assets 2022: $28,668Liabilities 2022: $358,770Net Assets 2022: -$330,1022022Assets 2023: $21,194Liabilities 2023: $358,611Net Assets 2023: -$337,4172023Assets 2024: $9,713Liabilities 2024: $358,200Net Assets 2024: -$348,4872024

Highlighted filing

2020

Assets$76,380
Liabilities$2,125
Net Assets$74,255

Operations Trend

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

$500K$0-$500KRevenue 2012: $76,457Expenses 2012: $50,295Net Income 2012: $26,1622012Revenue 2013: $106,010Expenses 2013: $99,742Net Income 2013: $6,2682013Revenue 2014: $241,919Expenses 2014: $155,205Net Income 2014: $86,7142014Revenue 2015: $189,463Expenses 2015: $157,023Net Income 2015: $32,4402015Revenue 2016: $233,614Expenses 2016: $175,481Net Income 2016: $58,1332016Revenue 2017: $227,936Expenses 2017: $277,446Net Income 2017: -$49,5102017Revenue 2018: $185,178Expenses 2018: $218,688Net Income 2018: -$33,5102018Revenue 2019: $162,006Expenses 2019: $211,685Net Income 2019: -$49,6792019Revenue 2020: $205,469Expenses 2020: $213,094Net Income 2020: -$7,6252020Revenue 2021: $81,319Expenses 2021: $483,759Net Income 2021: -$402,4402021Revenue 2022: $64,638Expenses 2022: $66,232Net Income 2022: -$1,5942022Revenue 2023: $41,644Expenses 2023: $48,959Net Income 2023: -$7,3152023Revenue 2024: $29,954Expenses 2024: $41,125Net Income 2024: -$11,1712024

Highlighted filing

2020

Revenue$205,469
Expenses$213,094
Net Income-$7,625
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.1
Gross Receipts
$208,229
Mission and Program Overview

Mission

My hope chest provides funding for breast reconstruction surgery to women who have survived breast cancer & mastectomy but lack insurance or financial means, & to educate on reconstruction options. Our mission restores self esteem, dignity & confidence after cancer.

Our mission restores self-esteem, dignity, and confidence by providing breast reconstruction surgery. See part iii and schedule o for additional information.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$65,684$58,882▼ $6,802
Inventories for Sale or Use$12,443$12,443→ $0
Cash and Non-Interest-Bearing Accounts$6,449$4,639▼ $1,810
Prepaid Expenses and Deferred Charges$780--
Total Assets$85,356$76,380▼ $8,976
Other Assets Total-$416-
Liabilities
Other Liabilities$2,711$1,244▼ $1,467
Accounts Payable and Accrued Expenses$765$881▲ $116
Total Liabilities$3,476$2,125▼ $1,351
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$80,464$72,839▼ $7,625
Net Assets With Donor Restrictions$1,416$1,416→ $0
Total Net Assets Fund Balance$81,880$74,255▼ $7,625
Total Liabilities and Net Assets / Fund Balance$85,356$76,380▼ $8,976

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,202$3,202
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Alisa SavorettiCEOFT$51,008$51,008

Board Members and Trustees

NameTitle
Andrew MoosPresident
Monica VarnerVice-President
Barbara BertucciDirector
Devon TaffelDirector
Hillary HeppSecretary
Anne SullivanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$193,267
Program Service Revenue
$344
Investment Income
$59
Other Revenue
$11,799
All Other Contributions
$144,075
Change in Net Assets
$-7,625

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table2$52,936Fair Market Value (FMV)
Other Non Cash Contri Table4$12,303Fair Market Value (FMV)
Total Noncash Contributions6$65,239-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$97,772
Grants and Similar Amounts Paid$67,873
Total Fundraising Expense$49,597
Other Expenses$47,449
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$67,873--$67,873
Current Officers, Directors, Trustees, and Key Employees$13,088$13,088$26,176$52,352
Other Salaries and Wages$27,709$9,235$1,539$38,483
Occupancy$2,844$5,688$5,688$14,220
Advertising--$13,823$13,823
Payroll Taxes$3,122$1,734$2,081$6,937
Fees for Services Accounting-$6,908-$6,908
Office Expenses-$4,013-$4,013
Information Technology-$1,947-$1,947
Travel$757--$757
Insurance-$705-$705
Other Expenses$290$427$290$427
Total Functional Expenses$115,683$47,814$49,597$213,094
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,559
Fundraising Direct Expenses$2,760
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various$42,625---
Glow Walk$20,245$14,559$2,760$11,799
Total Events$62,870$14,559$2,760$11,799
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$1,244
Other Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Once prepared, the Form 990 is reviewed by the CEO and Treasurer of the Organization prior to filing.

Form 990, Part VI, Section B, Line 15A

The Board of Directors determine the CEOs compensation based on performance and median salary for the position.

Form 990, Part VI, Section C, Line 19

The Organization makes its governing documents and Form 990 available upon request.

Filing and Contact Details

Filer

Filer Name
My Hope Chest
EIN
20-0299888
Phone
7276424243
Address
505 South Melville Avenue, Tampa, FL 33606

Signing Officer

Name
Alisa Savoretti
Title
CEO
Phone
7276424243
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alisa Savoretti
Formed
2003
Legal Domicile
Nv
Voting Board Members
7
Independent Board Members
6
Employees
4
Volunteers
80

Preparer

Firm
NueLeaf Certified Public Accountants Inc
Address
8409 Laurel Fair Circle Suite 101, Tampa, FL 33610
Preparer
Kevin T Cimino
Phone
8134894380
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Continued from Page 2, Form 990 - THE ORGANIZATION USES ITS FUNDS TO SUPPLEMENT THESE SERVICES AND TO COVER THEIR ADMINISTRATIVE COSTS. MUCH OF THE COSTS INVOLVE THE ARDUOUS PROCESS OF SECURING THE SERVICES OF THESE TALENTED PHYSICIANS AND THEIR FACILITIES AND TO EDUCATE ON THIS GAP IN INSURANCE COVERAGE WITHIN AND BEYOND THE MEDICAL COMMUNITY. WHERE MAJOR BREAST CANCER ORGANIZATIONS COVER EDUCATION, AWARENESS, PREVENTION AND RESEARCH, MHCs SERVICE PICKS UP WHERE THEY LEAVE OFF, PROVIDING BREAST RECONSTRUCTION SURGERY, THE FINAL STEP IN TREATMENT. WE OFFER ASSISTANCE NATIONALLY PROVIDING HUGE FINANCIAL SUPPORT TO SURVIVORS ACROSS THE COUNTRY WHO LOST THEIR BREASTS TO CANCER IN A CHOICE TO SAVE THEIR LIVES. THESE SURVIVORS ARE STUCK WITHOUT OUR PROGRAM, THEY FALL THROUGH THE CRACKS AND ARE UNABLE TO RESTORE THEMSELVES IN BODY, MIND AND/OR SPIRIT TO PUT CANCER BEHIND THEM AT LAST AND EMOTIONALLY MOVE ON WITH LIFE. ADDITIONALLY, MHC FUNDS CO-PAYS FOR INSURED INDIVIDUALS WITH HIGH DEDUCTIBLES OF UP TO 7,000 PER WOMAN. DURING THE YEAR WE HAVE REACHED HUNDREDS OF WOMEN SEEKING INFORMATION, CANCER AND BILL PAY RESOURCES, AND EDUCATION OF RECONSTRUCTION OPTIONS. MHCS OPERATING COSTS ARE SUPPORTED PRIMARILY THROUGH PARTNERSHIPS WITH MEDICAL FACILITIES, SURGEONS, MHC SIGNATURE AND 3RD PARTY FUNDRAISERS, CORPORATE PARTNERS AND OTHER PROFESSIONAL SERVICES PROVIDERS.

Form 990, Part IX, Section B, Line 2

My hope chest provides financial assistance to breast cancer survivors in need of reconstructive surgery without insurance or funds to cover the cost. Our program operates by appealing to surgeons to provide these services free of charge or at a medicaid rate. This generosity, included in program service expenses in grants to individuals, totals approximately 53,000 this year. Because of this generosity, many women over the years have been able to feel whole again and good about themselves. The organization uses its funds to supplement these services and to cover their administrative costs. Much of the costs are involved in the arduous process of securing the services of these talented physicians and their facilities and to educate on this gap of insurance coverage within and beyond the medicalcommunity. In addition, in-kind services for administrative and other services totaled over 12,000 this year. See form 990, part iii, line 4a for a complete program description.

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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrincipalOfficerNm0Alisa Savoretti
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt018300
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt091942
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0144416
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0400388
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0192386
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0959389
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt059
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0219
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01225
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01225
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.59360
IRS990ScheduleA/PublicSupportPY509Pct00.37970
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0586898
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt018300
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0125830
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0144416
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0400388
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0108134
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0205045
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0228223
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0238939
IRS990ScheduleA/Total509Grp/TotalAmt0987286
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0208229
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0108199
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0228243
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0988730
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03202
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03202
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01244
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Other Liabilities
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalLiabilityAmt01244
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt048311
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt05686
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt042625
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Glow Walk
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt014559
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IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt14273
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Surgical Expenses and Co-Pays
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Rent and Utilities Assistance
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Continued from Page 2, Form 990 - THE ORGANIZATION USES ITS FUNDS TO SUPPLEMENT THESE SERVICES AND TO COVER THEIR ADMINISTRATIVE COSTS. MUCH OF THE COSTS INVOLVE THE ARDUOUS PROCESS OF SECURING THE SERVICES OF THESE TALENTED PHYSICIANS AND THEIR FACILITIES AND TO EDUCATE ON THIS GAP IN INSURANCE COVERAGE WITHIN AND BEYOND THE MEDICAL COMMUNITY. WHERE MAJOR BREAST CANCER ORGANIZATIONS COVER EDUCATION, AWARENESS, PREVENTION AND RESEARCH, MHCs SERVICE PICKS UP WHERE THEY LEAVE OFF, PROVIDING BREAST RECONSTRUCTION SURGERY, THE FINAL STEP IN TREATMENT. WE OFFER ASSISTANCE NATIONALLY PROVIDING HUGE FINANCIAL SUPPORT TO SURVIVORS ACROSS THE COUNTRY WHO LOST THEIR BREASTS TO CANCER IN A CHOICE TO SAVE THEIR LIVES. THESE SURVIVORS ARE STUCK WITHOUT OUR PROGRAM, THEY FALL THROUGH THE CRACKS AND ARE UNABLE TO RESTORE THEMSELVES IN BODY, MIND AND/OR SPIRIT TO PUT CANCER BEHIND THEM AT LAST AND EMOTIONALLY MOVE ON WITH LIFE. ADDITIONALLY, MHC FUNDS CO-PAYS FOR INSURED INDIVIDUALS WITH HIGH DEDUCTIBLES OF UP TO 7,000 PER WOMAN. DURING THE YEAR WE HAVE REACHED HUNDREDS OF WOMEN SEEKING INFORMATION, CANCER AND BILL PAY RESOURCES, AND EDUCATION OF RECONSTRUCTION OPTIONS. MHCS OPERATING COSTS ARE SUPPORTED PRIMARILY THROUGH PARTNERSHIPS WITH MEDICAL FACILITIES, SURGEONS, MHC SIGNATURE AND 3RD PARTY FUNDRAISERS, CORPORATE PARTNERS AND OTHER PROFESSIONAL SERVICES PROVIDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MY HOPE CHEST PROVIDES FINANCIAL ASSISTANCE TO BREAST CANCER SURVIVORS IN NEED OF RECONSTRUCTIVE SURGERY WITHOUT INSURANCE OR FUNDS TO COVER THE COST. OUR PROGRAM OPERATES BY APPEALING TO SURGEONS TO PROVIDE THESE SERVICES FREE OF CHARGE OR AT A MEDICAID RATE. THIS GENEROSITY, INCLUDED IN PROGRAM SERVICE EXPENSES IN GRANTS TO INDIVIDUALS, TOTALS APPROXIMATELY 53,000 THIS YEAR. BECAUSE OF THIS GENEROSITY, MANY WOMEN OVER THE YEARS HAVE BEEN ABLE TO FEEL WHOLE AGAIN AND GOOD ABOUT THEMSELVES. THE ORGANIZATION USES ITS FUNDS TO SUPPLEMENT THESE SERVICES AND TO COVER THEIR ADMINISTRATIVE COSTS. MUCH OF THE COSTS ARE INVOLVED IN THE ARDUOUS PROCESS OF SECURING THE SERVICES OF THESE TALENTED PHYSICIANS AND THEIR FACILITIES AND TO EDUCATE ON THIS GAP OF INSURANCE COVERAGE WITHIN AND BEYOND THE MEDICALCOMMUNITY. IN ADDITION, IN-KIND SERVICES FOR ADMINISTRATIVE AND OTHER SERVICES TOTALED OVER 12,000 THIS YEAR. SEE FORM 990, PART III, LINE 4A FOR A COMPLETE PROGRAM DESCRIPTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Once prepared, the Form 990 is reviewed by the CEO and Treasurer of the Organization prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors determine the CEOs compensation based on performance and median salary for the position.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization makes its governing documents and Form 990 available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part IX, Section B, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b

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