Civic Intelligence

Foundation for Hope Outdoors Adventures

990 • Fiscal year 2022 • EIN 20-3209385

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 28, 2023

7400 Hickory Valley DriveFenton, MI 48430

(248) 521-0981

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.24x

Higher debt load relative to assets than 72% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

93rd percentile

2.28x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

85th percentile

40%

Higher net margin than 85% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

37th percentile

-2.5%

Faster asset growth than 37% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

8th percentile

-46%

Faster revenue growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,097,964

Down $27,948 (-2.5%) from 2021

Net Assets

Up

$831,304

Up $47,056 (+6.0%) from 2021

Liabilities

Down

$266,660

Down $75,004 (-22%) from 2021

Revenue

Down

$117,164

Down $98,636 (-46%) from 2021

Expenses

Down

$70,108

Down $6,202 (-8.1%) from 2021

Net Income

Down

$47,056

Down $92,434 (-66%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $602,037Liabilities 2010: $0Net Assets 2010: $602,0372010Assets 2011: $596,733Liabilities 2011: $0Net Assets 2011: $596,7332011Assets 2012: $623,147Liabilities 2012: $0Net Assets 2012: $623,1472012Assets 2013: $605,884Liabilities 2013: $0Net Assets 2013: $605,8842013Assets 2014: $601,527Liabilities 2014: $0Net Assets 2014: $601,5272014Assets 2015: $581,358Liabilities 2015: $0Net Assets 2015: $581,3582015Assets 2016: $584,469Liabilities 2016: $0Net Assets 2016: $584,4692016Assets 2017: $1,063,938Liabilities 2017: $500,000Net Assets 2017: $563,9382017Assets 2018: $1,068,558Liabilities 2018: $421,847Net Assets 2018: $646,7112018Assets 2019: $1,070,209Liabilities 2019: $402,925Net Assets 2019: $667,2842019Assets 2020: $1,020,862Liabilities 2020: $376,104Net Assets 2020: $644,7582020Assets 2021: $1,125,912Liabilities 2021: $341,664Net Assets 2021: $784,2482021Assets 2022: $1,097,964Liabilities 2022: $266,660Net Assets 2022: $831,3042022Assets 2023: $1,055,467Liabilities 2023: $216,656Net Assets 2023: $838,8112023Assets 2024: $1,053,386Liabilities 2024: $166,652Net Assets 2024: $886,7342024

Highlighted filing

2022

Assets$1,097,964
Liabilities$266,660
Net Assets$831,304

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $77,3302010Revenue 2011: $109,569Expenses 2011: $68,988Net Income 2011: $40,5812011Revenue 2012: $81,987Expenses 2012: $53,822Net Income 2012: $28,1652012Revenue 2013: $64,404Expenses 2013: $76,269Net Income 2013: -$11,8652013Revenue 2014: $51,919Expenses 2014: $58,691Net Income 2014: -$6,7722014Revenue 2015: $48,418Expenses 2015: $69,143Net Income 2015: -$20,7252015Revenue 2016: $56,200Expenses 2016: $53,134Net Income 2016: $3,0662016Revenue 2017: $39,696Expenses 2017: $60,182Net Income 2017: -$20,4862017Revenue 2018: $110,804Expenses 2018: $28,031Net Income 2018: $82,7732018Revenue 2019: $81,160Expenses 2019: $60,587Net Income 2019: $20,5732019Revenue 2020: $63,576Expenses 2020: $86,102Net Income 2020: -$22,5262020Revenue 2021: $215,800Expenses 2021: $76,310Net Income 2021: $139,4902021Revenue 2022: $117,164Expenses 2022: $70,108Net Income 2022: $47,0562022Revenue 2023: $104,400Expenses 2023: $96,893Net Income 2023: $7,5072023Revenue 2024: $147,211Expenses 2024: $99,288Net Income 2024: $47,9232024

Highlighted filing

2022

Revenue$117,164
Expenses$70,108
Net Income$47,056
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 28, 2023
Return Version
2022v4.1
Gross Receipts
$117,164
Mission and Program Overview

Mission

To facilitate inspiring, meaningful outdoor experiences for youth who suffer life-challenging medical conditions and to value, promote and continue to preserve the heritage of the "outdoor sportsman".

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,000,000$1,026,000▲ $26,000
Cash and Non-Interest-Bearing Accounts$108,130$57,196▼ $50,934
Land, Buildings, and Equipment, Net$8,221$6,894▼ $1,327
Intangible Assets$811$374▼ $437
Total Assets$1,125,912$1,097,964▼ $27,948
Other Assets Total$8,750$7,500▼ $1,250
Liabilities
Other Liabilities$341,664$266,660▼ $75,004
Total Liabilities$341,664$266,660▼ $75,004
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$784,248$831,304▲ $47,056
Total Net Assets Fund Balance$784,248$831,304▲ $47,056
Total Liabilities and Net Assets / Fund Balance$1,125,912$1,097,964▼ $27,948

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,894$80,969$87,863
Other Securities$1,026,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tony SemplePresident
Craig MortzSecretary/tr
Richard BuckleyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$117,164
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$117,164
Change in Net Assets
$47,056
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$70,108
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$4,053--$4,053
Insurance$2,073--$2,073
Depreciation Depletion$1,764--$1,764
Conferences and Meetings$358--$358
Office Expenses$263$50-$313
Other Expenses$178--$178
Total Functional Expenses$70,058$50$0$70,108
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable - Pds$266,660
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Return will be reviewed at the next board meeting.

Form 990, Page 6, Part VI, Line 19

The governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Foundation for Hope
EIN
20-3209385
Phone
2485210981
Address
7400 HICKORY VALLEY DRIVE, FENTON, MI 48430

Signing Officer

Name
Craig Mortz
Title
Secretary/treas
Phone
2485210981
Signed
2023-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Craig Mortz
Formed
2005
Legal Domicile
Mi
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Jellison CPA Co
Address
PO BOX 555, HARTLAND, MI 48353-0555
Preparer
Carrie L Jellison CPA
Phone
8109911761
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Approximately 10-30 life challenged & terminally ill children between the ages of 10-25 participate in an "outdoor adventure" around the united states. All of the expenses, including transportation, accomodations, the hunt, taxidermy, meat processing, clothing, & professional photography are included.

Raw XML Appendix303 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RETURN WILL BE REVIEWED AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990/WebsiteAddressTxt0WWW.HOPEOUTDOORADVENTURES.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CRAIG MORTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum02485210981
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION FOR HOPE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OUTDOOR ADVENTURES
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0203209385
ReturnHeader/Filer/PhoneNum02485210981
ReturnHeader/Filer/USAddress/AddressLine1Txt07400 HICKORY VALLEY DRIVE
ReturnHeader/Filer/USAddress/CityNm0FENTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048430
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204066857
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JELLISON CPA CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 555
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0483530555
ReturnHeader/PreparerPersonGrp/PhoneNum08109911761
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARRIE L JELLISON CPA
ReturnHeader/ReturnTs02023-03-06T12:32:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CRAIG
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MORTZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.17$0.89$0.15$0.10$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.22$0.84$0.10$0.10$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.10$0.27$0.83$0.12$0.07$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.34$0.78$0.22$0.08$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.38$0.64$0.06$0.09$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.40$0.67$0.08$0.06$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.42$0.65$0.11$0.03$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.50$0.56$0.04$0.06$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.00$0.58$0.06$0.05$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.00$0.58$0.05$0.07$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.05$0.06$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.06$0.08$0.01
2012Summary only. Only limited summary data is available for this year.$0.62$0.00$0.62$0.08$0.05$0.03
2011Summary only. Only limited summary data is available for this year.$0.60$0.00$0.60$0.11$0.07$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.00$0.60$0.08