Civic Intelligence

Raes Hope Inc

990 • Fiscal year 2021 • EIN 20-8743343

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 22, 2022

12801 N Central Expressway Ste 700Dallas, TX 75243

(214) 232-7740

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

91st percentile

63%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

Up

$102,742

Up $88,952 (+645%) from 2015

Net Assets

Up

$102,742

Up $88,952 (+645%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$76,493

Down $3,786 (-4.7%) from 2015

Expenses

Down

$28,345

Down $60,298 (-68%) from 2015

Net Income

Up

$48,148

Up $56,512 (+676%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $13,790Liabilities 2015: $0Net Assets 2015: $13,7902015Assets 2021: $102,742Liabilities 2021: $0Net Assets 2021: $102,7422021Assets 2022: $103,697Liabilities 2022: $0Net Assets 2022: $103,6972022Assets 2023: $286,791Liabilities 2023: $4,785Net Assets 2023: $282,0062023Assets 2024: $300,638Liabilities 2024: $659Net Assets 2024: $299,9792024

Highlighted filing

2021

Assets$102,742
Liabilities$0
Net Assets$102,742

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $80,279Expenses 2015: $88,643Net Income 2015: -$8,3642015Revenue 2021: $76,493Expenses 2021: $28,345Net Income 2021: $48,1482021Revenue 2022: $29,765Expenses 2022: $28,810Net Income 2022: $9552022Revenue 2023: $323,656Expenses 2023: $145,347Net Income 2023: $178,3092023Revenue 2024: $78,621Expenses 2024: $63,331Net Income 2024: $15,2902024

Highlighted filing

2021

Revenue$76,493
Expenses$28,345
Net Income$48,148
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 22, 2022
Return Version
2021v4.0
Gross Receipts
$76,493
Mission and Program Overview

Mission

To empower at-risk girls to take charge of their lives and become productive members of their communities. Our vision is to revive South Dallas communities one child at a time.

Empowering at-risk girls in Dallas to take charge of their lives and become productive members of their community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$53,619$102,742▲ $49,123
Prepaid Expenses and Deferred Charges$975--
Total Assets$54,594$102,742▲ $48,148
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$54,594$102,742▲ $48,148
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$54,594$102,742▲ $48,148
Total Liabilities and Net Assets / Fund Balance$54,594$102,742▲ $48,148
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robin OgbannaChairperson
Moniqa PaulletVice Chairperson
David DodenhoffDirector
Donnie FieldsDirector
Jay VealDirector
Lawrence SlatterDirector
Rehana DharaniDirector
Rohit KandimaliaDirector
Veena SiriramDirector
Angela FieldsExecutive Director
Lisa MacKaySecretary
Debbie PonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$76,493
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$76,493
Change in Net Assets
$48,148
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$28,345
Total Fundraising Expense$3,492
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$10,116--$10,116
Information Technology$7,154$667-$7,821
Insurance-$5,460-$5,460
Advertising-$719$3,492$4,211
Conferences and Meetings-$571-$571
Office Expenses-$166-$166
Total Functional Expenses$17,270$7,583$3,492$28,345
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
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

A Draft of Form 990 was distributed via email to current members of the Board at the time of filing. The members of the Board were requested to review the form 990.

Form 990, Part VI, Section B, Line 15

In determining the compensation for the Executive Director, the governing body looked to comparative salaries for nonprofits of a similar size, as well as the estimated time the the Executive Director would be serving the nonprofit. This process is undertaken each year.

Form 990, Part VI, Section C, Line 19

The organizations governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Raes Hope Inc
EIN
20-8743343
Phone
2142327740
Address
12801 N Central Expressway Ste 700, Dallas, TX 75243

Signing Officer

Name
Debbie Pon
Title
Treasurer
Phone
4693631570
Signed
2022-03-22

Organization Details

Principal Officer
Angela Fields
Formed
2007
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
50
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Program Supplies and refreshments of $6,803 and motor vehicle costs of $3,313

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IRS990/Desc0Main program- Rae's Hope's program includes a multi-faceted approach that combines team sports with a rich cirricula of life skills, healthy living, social skills, technology, financial literacy and community service. Our work is to engage young girls in the development of life-skills outside of school, with hopes of preventing them from disruptive behaviors by focusing on activities that lead to positive outcomes. Through our main program, the girls learn the sport of volleyball, while at the same time, practicing life-skills, improving themselves and building constructive relationships. Since our inception, 90% of the girls who participated in programming for more than two years have graduated from high school. Although our programming was limited in 2021 due to COVID-19, we were able to serve about 40 girls through youth sports and holistic programming.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Technology Day - In 2021, we were able to hold our Technology Day which is open to any youth in the South Dallas area. The purpose of this day is to engage the youth with various STEM activities by rotating to stations manned mostly by adult volunteers.
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt0236661
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt076493
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt031142
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt027097
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt036751
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt065178
IRS990ScheduleA/Total509Grp/TotalAmt0236661
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt076493
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt031142
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt027097
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt036751
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt065178
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0236661
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/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A Draft of Form 990 was distributed via email to current members of the Board at the time of filing. The members of the Board were requested to review the form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1In determining the compensation for the Executive Director, the governing body looked to comparative salaries for nonprofits of a similar size, as well as the estimated time the the Executive Director would be serving the nonprofit. This process is undertaken each year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organizations governing documents, conflict of interest policy, and financial statements are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Program Supplies and refreshments of $6,803 and motor vehicle costs of $3,313
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt054594
IRS990/TotalAssetsEOYAmt0102742
IRS990/TotalAssetsGrp/BOYAmt054594
IRS990/TotalAssetsGrp/EOYAmt0102742
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt076493
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03492
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07583
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt017270
IRS990/TotalFunctionalExpensesGrp/TotalAmt028345
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt054594
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0102742
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt017270
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt076493
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050

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