Civic Intelligence

Discoverhope Fund

EIN 20-4646548 • 501(c)3 • Dallas, TX, United States

Pub. 78 Eligible990-N Coverage

Profile

Microcredit loans & sustainable development programs

PO Box 40789Dallas, TX 78704United States

www.lendhope.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.62x

Higher debt load relative to assets than 90% of similar nonprofits.

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

Liabilities / Revenue

96th percentile

1.74x

Higher debt load relative to revenue than 96% of similar nonprofits.

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

Net Margin

7th percentile

-161%

Higher net margin than 7% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

20th percentile

-43%

Faster asset growth than 20% of similar nonprofits.

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

Revenue Growth

9th percentile

-78%

Faster revenue growth than 9% of similar nonprofits.

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

Assets

Down

$51,752

Down $39,547 (-43%) from 2014

Liabilities

Down

$32,075

Down $10,000 (-24%) from 2014

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Down

$18,388

Down $66,734 (-78%) from 2014

Expenses

Down

$47,935

Down $38,930 (-45%) from 2014

Net Income

Down

-$29,547

Down $27,804 (-1595%) from 2014

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2010: $41,929Liabilities 2010: $10,000Net Assets 2010: $31,9292010Assets 2011: $88,675Liabilities 2011: $30,900Net Assets 2011: $57,7752011Assets 2012: $68,121Liabilities 2012: $47,0752012Assets 2013: $99,042Liabilities 2013: $48,0752013Assets 2014: $91,299Liabilities 2014: $42,075Net Assets 2014: $49,2242014Assets 2015: $51,752Liabilities 2015: $32,0752015

Highlighted filing

2015

Assets$51,752
Liabilities$32,075
Net Assets-

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2010: $109,068Expenses 2010: $118,455Net Income 2010: -$9,3872010Revenue 2011: $151,132Expenses 2011: $125,286Net Income 2011: $25,8462011Revenue 2012: $84,744Expenses 2012: $121,473Net Income 2012: -$36,7292012Revenue 2013: $129,105Expenses 2013: $99,184Net Income 2013: $29,9212013Revenue 2014: $85,122Expenses 2014: $86,865Net Income 2014: -$1,7432014Revenue 2015: $18,388Expenses 2015: $47,935Net Income 2015: -$29,5472015

Highlighted filing

2015

Revenue$18,388
Expenses$47,935
Net Income-$29,547

Filings

Latest Detailed Filing

The latest 2015 filing currently has summary financial data only. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Jul 1, 2014
Return Version
2013v3.1
Gross Receipts
$93,529
Mission and Program Overview

Mission

Microcredit loans & sustainable development programs

Program Services

DescriptionGrantsExpenses
The organization's Microcredit Plus model includes training support for women to be successful in business. Women were provided with 880 training opportunities this year.-$27,783
DiscoverHope Fund creates opportunities for women to overcome poverty through the power of microcredit loans and educational training. This year 451 loans were provided with a 100% loan payback rate.-$9,261
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-PresidentPT$0--
MAGDALYN MILLERSecretaryPT$0--
AMBER BENNETTTreasurerPT$0--
HECTOR DOMINGUEZDirectorPT$0--
ANDREA WOLFEDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$60,645$60,645-$60,645
Total Events$60,645$60,645$8,407$52,238
Filing and Contact Details

Filer

EIN
20-4646548
Phone
5128099124

Signing Officer

Name
Magdalyn Miller
Title
Founder/board Secretary
Phone
5128099124
Signed
2014-07-01

Preparer

Preparer
Donna R Davis CPA
Phone
5123811490
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Supplies 2775. Marketing/pr/advertising 1007. Travel 202. Loan fund expenses 33096. Miscellaneous 5437.

Form 990EZ, Part II, Line 24

Microcredit loan fund 43223. 43223. Rice stove - peru program 8369.

Form 990EZ, Part II, Line 26

Microcredit lenders 48075. 42075.

Raw XML Appendix203 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09261
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IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportCY509Pct00.90900
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Microcredit Loan
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUPPLIES 2775. MARKETING/PR/ADVERTISING 1007. TRAVEL 202. LOAN FUND EXPENSES 33096. MISCELLANEOUS 5437.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MICROCREDIT LOAN FUND 43223. 43223. RICE STOVE - PERU PROGRAM 8369.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MICROCREDIT LENDERS 48075. 42075.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02015-11-30 17:44:51Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum05128099124
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-01
ReturnHeader/Filer/BusinessName/BusinessNameLine10DISCOVERHOPE FUND
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ReturnHeader/Filer/EIN0204646548
ReturnHeader/Filer/PhoneNum05128099124
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ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode078704
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Texas Association of Nonprofit Organizations
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine108001 Centre Park Dr Ste 120
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode078754
ReturnHeader/PreparerPersonGrp/PhoneNum05123811490
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONNA R DAVIS CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-07-06T08:03:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-04-01
ReturnHeader/TaxPeriodEndDt02014-03-31
ReturnHeader/TaxYr02013

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