Civic Intelligence

Hope Plaza Inc.

990 • Fiscal year 2015 • EIN 23-2326694

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 10, 2016

Organization ProfileN/A
2001 West Lehigh AvenuePhiladelphia, PA 19132

(215) 226-7600

Siviq Scores

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

Liabilities / Assets

99th percentile

3.85x

Higher debt load relative to assets than 99% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

70th percentile

0.31x

Higher debt load relative to revenue than 70% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

12th percentile

-26%

Higher net margin than 12% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

91st percentile

$219,170

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 15.5% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

1st percentile

-71%

Faster asset growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

56th percentile

5.7%

Faster revenue growth than 56% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$115,221

Down $281,616 (-71%) from 2014

Net Assets

Down

-$328,512

Down $359,805 (-1150%) from 2014

Liabilities

Up

$443,733

Up $78,189 (+21%) from 2014

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin12th percentile

Revenue

Up

$1,412,929

Up $76,476 (+5.7%) from 2014

Expenses

Up

$1,778,654

Up $249,277 (+16%) from 2014

Net Income

Down

-$365,725

Down $172,801 (-90%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$4.0M$2.0M$0-$2.0MAssets 2011: $620,437Liabilities 2011: $637,552Net Assets 2011: -$17,1152011Assets 2012: $683,538Liabilities 2012: $505,984Net Assets 2012: $177,5542012Assets 2013: $628,337Liabilities 2013: $381,856Net Assets 2013: $246,4812013Assets 2014: $396,837Liabilities 2014: $365,544Net Assets 2014: $31,2932014Assets 2015: $115,221Liabilities 2015: $443,733Net Assets 2015: -$328,5122015Assets 2016: $237,474Liabilities 2016: $601,365Net Assets 2016: -$363,8912016Assets 2017: $1,436,051Liabilities 2017: $1,795,266Net Assets 2017: -$359,2152017Assets 2018: $1,487,240Liabilities 2018: $2,032,686Net Assets 2018: -$545,4462018Assets 2019: $1,553,594Liabilities 2019: $2,127,080Net Assets 2019: -$573,4862019Assets 2020: $1,553,004Liabilities 2020: $2,118,922Net Assets 2020: -$565,9182020Assets 2021: $1,658,721Liabilities 2021: $2,177,393Net Assets 2021: -$518,6722021Assets 2022: $1,724,259Liabilities 2022: $2,395,205Net Assets 2022: -$670,9462022Assets 2023: $1,924,995Liabilities 2023: $2,734,934Net Assets 2023: -$809,9392023Assets 2024: $2,206,425Liabilities 2024: $3,254,116Net Assets 2024: -$1,047,6912024

Highlighted filing

2015

Assets$115,221
Liabilities$443,733
Net Assets-$328,512
Open 2015 Filing

Operations Trend

Revenue Growth56th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,288,0352011Revenue 2012: $1,457,673Expenses 2012: $1,262,949Net Income 2012: $194,7242012Revenue 2013: $1,434,754Expenses 2013: $1,365,827Net Income 2013: $68,9272013Revenue 2014: $1,336,453Expenses 2014: $1,529,377Net Income 2014: -$192,9242014Revenue 2015: $1,412,929Expenses 2015: $1,778,654Net Income 2015: -$365,7252015Revenue 2016: $706,809Expenses 2016: $1,071,104Net Income 2016: -$364,2952016Revenue 2017: $745,792Expenses 2017: $991,048Net Income 2017: -$245,2562017Revenue 2018: $916,548Expenses 2018: $1,102,779Net Income 2018: -$186,2312018Revenue 2019: $1,069,237Expenses 2019: $1,097,277Net Income 2019: -$28,0402019Revenue 2020: $1,037,888Expenses 2020: $1,030,320Net Income 2020: $7,5682020Revenue 2021: $1,077,406Expenses 2021: $1,030,160Net Income 2021: $47,2462021Revenue 2022: $1,078,063Expenses 2022: $1,230,337Net Income 2022: -$152,2742022Revenue 2023: $1,136,873Expenses 2023: $1,275,866Net Income 2023: -$138,9932023Revenue 2024: $1,198,523Expenses 2024: $1,436,274Net Income 2024: -$237,7512024

Highlighted filing

2015

Revenue$1,412,929
Expenses$1,778,654
Net Income-$365,725
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$1,412,929
Mission and Program Overview

Mission

The organization was created to bring economic empowerment into North Philadelphia to give hope to the community in order to assist minorities and disadvantaged citizens find jobs, training, and placement in the community.

To bring economic empowerment into north philadelphia to give hope to the community in order to assist minorities and disadvantaged citizens find jobs, training & placement in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$97,600$77,778▼ $19,822
Cash and Non-Interest-Bearing Accounts$183,561$27,286▼ $156,275
Accounts Receivable$0$8,393▲ $8,393
Investments Other Securities$115,676$1,764▼ $113,912
Total Assets$396,837$115,221▼ $281,616
Liabilities
Other Liabilities$37,691$294,724▲ $257,033
Accounts Payable and Accrued Expenses$132,929$83,472▼ $49,457
Mortgage Notes Payable Secured by Investment Property$194,924$65,537▼ $129,387
Total Liabilities$365,544$443,733▲ $78,189
Net Assets / Fund Balance
Unrestricted Net Assets$31,293$-328,512▼ $359,805
Total Net Assets Fund Balance$31,293$-328,512▼ $359,805
Total Liabilities and Net Assets / Fund Balance$396,837$115,221▼ $281,616

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$76,708$3,822,257$3,898,965
Equipment$1,070$36,003$37,073
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeOtherTotal
Martha AddisonTreasurerPT$65,324$65,324
Pastor Stephen McqueenBoard MemberPT$45,633$45,633
Pastor Therlowe Paulin IiVice PresidentPT$43,300$43,300
Fannita WhittSecretaryPT$40,240$40,240

Board Members and Trustees

NameTitle
Glen SpauldingPresident
Carl RiversBoard Member
Darnell TurnerBoard Member
Jeffery LowenthalBoard Member
Rev Larry RichardsonBoard Member
Rev Marc MccoyBoard Member
Stanley E HillBoard Member
Thomasina CornishBoard Member
William BondBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,411,741
Investment Income
$1,188
Other Revenue
$0
Change in Net Assets
$-365,725

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,412,929
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,412,929
Total Revenue per Form 990
$1,412,929
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,635,673
Salaries, Compensation, and Employee Benefits$142,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$763,032--$763,032
Other Salaries and Wages$86,303--$86,303
Insurance$81,094--$81,094
Fees for Services Accounting$31,122--$31,122
Other Employee Benefits$30,061--$30,061
Fees for Services Management-$30,000-$30,000
Payroll Taxes$24,966--$24,966
Other Expenses$19,857--$19,857
Depreciation Depletion$19,822--$19,822
Fees for Services Legal$8,233--$8,233
Interest$6,774--$6,774
All Other Expenses$1,781$1,656-$3,437
Fees for Services Other$2,088--$2,088
Pension Plan Contributions$1,651--$1,651
Total Functional Expenses$1,746,998$31,656$0$1,778,654

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,778,654
Total Expenses per Audited Statements$1,778,654
Total Expenses per Form 990$1,778,654
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
due to related party$257,635
Tenant Deposits and Prepayments$37,089
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“Hope plaza has hired an outside property management company which performs the management duties of the day-to-day operations for hope. Appropriate measures are taken and proper communication is demonstrated on a consistent basis with the officers and key employees of hope alongside with the individuals responsible for hope's books at the management company.”

Form 990, Part VI, Section A, line 8B

“Hope plaza has a governing board, but does not have any other committees that would have the authority to act on behalf of the board”

Form 990, Part VI, Section B, line 11

“Copies of the "draft" 990 are provided to the board members. At that time, the board members will review the draft form 990. Any necessary changes are then updated on the form. Once all necessary changes are made and the board members are in agreement with the finalized form 990, it is signed by the treasurer, dated and submitted by the filing deadline. A copy of the "final" form 990 will be provided to all board members before the return is filed.”

Form 990, Part VI, Section C, line 19

“The organization makes certain documents available to the public upon request, also provide opportunity for the public to review the 990.”

Filing and Contact Details

Filer

Filer Name
Hope Plaza Inc
EIN
23-2326694
Phone
2152267600
Address
2001 WEST LEHIGH AVENUE, PHILADELPHIA, PA 19132

Signing Officer

Name
Martha Addison
Title
Treasurer
Phone
2152267600
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martha Addison
Formed
1984
Legal Domicile
Pa
Voting Board Members
13
Independent Board Members
8
Employees
4
Volunteers
8

Preparer

Firm
Mitchell & Titus Llp
Address
ONE BATTERY PARK PLAZA, NEW YORK, NY 10004
Preparer
Frederick E Davis Jr
Phone
2127094500
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“U.S. GAAP requires certain financial statement accounting and recognition for uncertain income tax positions taken or expected to be taken in the Organization's annual Form 990 and related returns filed with the Internal Revenue Service. The Organization's Form 990 and related return filings are subject to audit by the IRS. Management believes that the Organization is no longer subject to such audits for years prior to 2012.”

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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0115676
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01764
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03858260
IRS990/LandBldgEquipBasisNetGrp/BOYAmt097600
IRS990/LandBldgEquipBasisNetGrp/EOYAmt077778
IRS990/LandBldgEquipCostOrOtherBssAmt03936038
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ORGANIZATION WAS CREATED TO BRING ECONOMIC EMPOWERMENT INTO NORTH PHILADELPHIA TO GIVE HOPE TO THE COMMUNITY IN ORDER TO ASSIST MINORITIES AND DISADVANTAGED CITIZENS FIND JOBS, TRAINING AND PLACEMENT IN THE COMMUNITY. THIS WAS A GOD GIVEN VISION OF THE LATE REV BENJAMIN SMITH, SR.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0194924
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt065537
IRS990/NetAssetsOrFundBalancesBOYAmt031293
IRS990/NetAssetsOrFundBalancesEOYAmt0-328512
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0763032
IRS990/OccupancyGrp/TotalAmt0763032
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt030061
IRS990/OtherEmployeeBenefitsGrp/TotalAmt030061
IRS990/OtherExpensesGrp/Desc0BAD DEBT PROVISION
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2COMMON AREA MAINTENANCE
IRS990/OtherExpensesGrp/Desc3SALES TAX ON SERVICES
IRS990/OtherExpensesGrp/ProgramServicesAmt0552448
IRS990/OtherExpensesGrp/ProgramServicesAmt168207
IRS990/OtherExpensesGrp/ProgramServicesAmt249559
IRS990/OtherExpensesGrp/ProgramServicesAmt319857
IRS990/OtherExpensesGrp/TotalAmt0552448
IRS990/OtherExpensesGrp/TotalAmt168207
IRS990/OtherExpensesGrp/TotalAmt249559
IRS990/OtherExpensesGrp/TotalAmt319857
IRS990/OtherLiabilitiesGrp/BOYAmt037691
IRS990/OtherLiabilitiesGrp/EOYAmt0294724
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt086303
IRS990/OtherSalariesAndWagesGrp/TotalAmt086303
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt024966
IRS990/PayrollTaxesGrp/TotalAmt024966
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01651
IRS990/PensionPlanContributionsGrp/TotalAmt01651
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARTHA ADDISON
IRS990/PriorPeriodAdjustmentsAmt05920
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01411741
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01411741
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03121
IRS990/PYOtherExpensesAmt01383948
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01333332
IRS990/PYRevenuesLessExpensesAmt0-192924
IRS990/PYSalariesCompEmpBnftPaidAmt0145429
IRS990/PYTotalExpensesAmt01529377
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01336453
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-365725
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01411741
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01188
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03121
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0-1361
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0856
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02736
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06540
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01411741
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01333332
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01436115
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01456802
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01427917
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07065907
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01188
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03121
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0-1361
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0856
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02736
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06540
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00140
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt015
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0131
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0146
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99910
IRS990ScheduleA/PublicSupportPY509Pct00.99800
IRS990ScheduleA/PublicSupportTotal509Amt07065907
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01411741
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01333332
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01436115
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01456802
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01427917
IRS990ScheduleA/Total509Grp/TotalAmt07065907
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01412929
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01336453
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01434754
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01457673
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01430784
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07072593
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt076708
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03822257
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03898965
IRS990ScheduleD/EquipmentGrp/BookValueAmt01070
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036003
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037073
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01778654
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037089
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1257635
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS AND PREPAYMENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1due to related party
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01412929
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0U.S. GAAP requires certain financial statement accounting and recognition for uncertain income tax positions taken or expected to be taken in the Organization's annual Form 990 and related returns filed with the Internal Revenue Service. The Organization's Form 990 and related return filings are subject to audit by the IRS. Management believes that the Organization is no longer subject to such audits for years prior to 2012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt077778
IRS990ScheduleD/TotalExpensesPerForm990Amt01778654
IRS990ScheduleD/TotalLiabilityAmt0294724
IRS990ScheduleD/TotalRevenuePerForm990Amt01412929
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01412929
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01778654
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0161115
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt010200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt047855
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GLEN SPAULDING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0219170
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0GLEN SPAULDING PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PROVIDED BY THE RELATED ORGANIZATION, AND TOTAL CONTRIBUTION WAS $10,200 FOR CALENDAR YEAR ENDED 12/31/2015.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOPE PLAZA HAS HIRED AN OUTSIDE PROPERTY MANAGEMENT COMPANY WHICH PERFORMS THE MANAGEMENT DUTIES OF THE DAY-TO-DAY OPERATIONS FOR HOPE. APPROPRIATE MEASURES ARE TAKEN AND PROPER COMMUNICATION IS DEMONSTRATED ON A CONSISTENT BASIS WITH THE OFFICERS AND KEY EMPLOYEES OF HOPE ALONGSIDE WITH THE INDIVIDUALS RESPONSIBLE FOR HOPE'S BOOKS AT THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HOPE PLAZA HAS A GOVERNING BOARD, BUT DOES NOT HAVE ANY OTHER COMMITTEES THAT WOULD HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$115,221
Liabilities
$443,733
Net assets
-$328,512
Revenue
$1,412,929
Expenses
$1,778,654
Net income
-$365,725
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$3.25$1.05$1.20$1.44$0.24
2023Detailed filing. Detailed filing data is available for this year.$1.92$2.73$0.81$1.14$1.28$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.72$2.40$0.67$1.08$1.23$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.66$2.18$0.52$1.08$1.03$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.55$2.12$0.57$1.04$1.03$0.01
2019Summary only. Only limited summary data is available for this year.$1.55$2.13$0.57$1.07$1.10$0.03
2018Summary only. Only limited summary data is available for this year.$1.49$2.03$0.55$0.92$1.10$0.19
2017Summary only. Only limited summary data is available for this year.$1.44$1.80$0.36$0.75$0.99$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.24$0.60$0.36$0.71$1.07$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.44$0.33$1.41$1.78$0.37
2014Detailed filing. Detailed filing data is available for this year.$0.40$0.37$0.03$1.34$1.53$0.19
2013Detailed filing. Detailed filing data is available for this year.$0.63$0.38$0.25$1.43$1.37$0.07
2012Summary only. Only limited summary data is available for this year.$0.68$0.51$0.18$1.46$1.26$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.64$0.02$1.29