Civic Intelligence

Logan Hope

990 • Fiscal year 2021 • EIN 23-3052984

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 08, 2022

Organization Profilewww.loganhope.org
4934 N 13th StreetPhiladelphia, PA 19141

(215) 455-7442

Siviq Scores

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

Liabilities / Assets

66th percentile

0.18x

Higher debt load relative to assets than 66% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.13x

Higher debt load relative to revenue than 56% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

39th percentile

6.5%

Higher net margin than 39% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

51st percentile

$59,973

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

60th percentile

14%

Faster asset growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

16th percentile

-16%

Faster revenue growth than 16% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$1,127,135

Up $142,703 (+14%) from 2020

Net Assets

Up

$920,450

Up $105,992 (+13%) from 2020

Liabilities

Up

$206,685

Up $36,711 (+22%) from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin39th percentile

Revenue

Down

$1,626,525

Down $308,123 (-16%) from 2020

Expenses

Down

$1,520,533

Down $25,701 (-1.7%) from 2020

Net Income

Down

$105,992

Down $282,422 (-73%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $480,083Liabilities 2011: $322,545Net Assets 2011: $157,5382011Assets 2012: $467,038Liabilities 2012: $349,223Net Assets 2012: $117,8152012Assets 2013: $822,351Liabilities 2013: $570,378Net Assets 2013: $251,9732013Assets 2014: $630,247Liabilities 2014: $139,081Net Assets 2014: $491,1662014Assets 2015: $671,637Liabilities 2015: $130,455Net Assets 2015: $541,1822015Assets 2016: $686,280Liabilities 2016: $140,375Net Assets 2016: $545,9052016Assets 2017: $537,066Liabilities 2017: $155,460Net Assets 2017: $381,6062017Assets 2018: $544,427Liabilities 2018: $153,240Net Assets 2018: $391,1872018Assets 2019: $598,769Liabilities 2019: $172,725Net Assets 2019: $426,0442019Assets 2020: $984,432Liabilities 2020: $169,974Net Assets 2020: $814,4582020Assets 2021: $1,127,135Liabilities 2021: $206,685Net Assets 2021: $920,4502021Assets 2022: $1,043,041Liabilities 2022: $87,960Net Assets 2022: $955,0812022Assets 2023: $1,478,120Liabilities 2023: $97,542Net Assets 2023: $1,380,5782023Assets 2024: $1,356,652Liabilities 2024: $87,175Net Assets 2024: $1,269,4772024

Highlighted filing

2021

Assets$1,127,135
Liabilities$206,685
Net Assets$920,450
Open 2021 Filing

Operations Trend

Revenue Growth16th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $203,7902011Expenses 2012: $322,4242012Expenses 2013: $806,2412013Revenue 2014: $1,273,969Expenses 2014: $1,040,512Net Income 2014: $233,4572014Revenue 2015: $1,379,329Expenses 2015: $1,329,313Net Income 2015: $50,0162015Revenue 2016: $1,473,988Expenses 2016: $1,469,267Net Income 2016: $4,7212016Revenue 2017: $1,433,289Expenses 2017: $1,597,588Net Income 2017: -$164,2992017Revenue 2018: $1,558,533Expenses 2018: $1,548,952Net Income 2018: $9,5812018Revenue 2019: $1,570,515Expenses 2019: $1,535,658Net Income 2019: $34,8572019Revenue 2020: $1,934,648Expenses 2020: $1,546,234Net Income 2020: $388,4142020Revenue 2021: $1,626,525Expenses 2021: $1,520,533Net Income 2021: $105,9922021Revenue 2022: $1,673,480Expenses 2022: $1,638,849Net Income 2022: $34,6312022Revenue 2023: $2,453,895Expenses 2023: $2,028,398Net Income 2023: $425,4972023Revenue 2024: $1,885,492Expenses 2024: $1,996,593Net Income 2024: -$111,1012024

Highlighted filing

2021

Revenue$1,626,525
Expenses$1,520,533
Net Income$105,992
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 8, 2022
Return Version
2020v4.0
Gross Receipts
$1,626,543
Mission and Program Overview

Mission

LOGAN Hope provides an elementary school, after-school program, and day camp to under served children in the Logan neighborhood section of Philadelphia

LOGAN Hope provides an elementary and middle school, after-school program, and summer programs to under-served children in the Logan neighborhood of Philadelphia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$664,917$830,735▲ $165,818
Cash and Non-Interest-Bearing Accounts$286,897$274,670▼ $12,227
Prepaid Expenses and Deferred Charges$16,651$15,826▼ $825
Pledges and Grants Receivable$8,762$4,778▼ $3,984
Accounts Receivable$7,205$1,126▼ $6,079
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$984,432$1,127,135▲ $142,703
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$110,840$156,999▲ $46,159
Accounts Payable and Accrued Expenses$57,759$48,311▼ $9,448
Other Liabilities$1,375$1,375→ $0
Total Liabilities$169,974$206,685▲ $36,711
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$714,458$858,043▲ $143,585
Net Assets With Donor Restrictions$100,000$62,407▼ $37,593
Total Net Assets Fund Balance$814,458$920,450▲ $105,992
Total Liabilities and Net Assets / Fund Balance$984,432$1,127,135▲ $142,703

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$816,889$133,384$950,273
Equipment$3,846$90,317$94,163
Other Land Buildings-$29,861$29,861
Land$10,000-$10,000
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jim SovocoolHead of SchoolFT$51,853$8,120$59,973

Board Members and Trustees

NameTitle
Deborah HedrickPresident
Paul BradshawVice President
Cindy RumseyBoard Member
Kendy LieuBoard Member
Shin LinSecretary
Jason PaikTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$868,051
Program Service Revenue
$757,889
Investment Income
$0
Other Revenue
$585
All Other Contributions
$791,900
Change in Net Assets
$105,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$698,291
Grants and Similar Amounts Paid$686,140
Other Expenses$136,102
Total Fundraising Expense$51,321
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$686,140--$686,140
Other Salaries and Wages$459,340$23,887$24,039$507,266
Other Employee Benefits$76,447$4,127-$80,574
Current Officers, Directors, Trustees, and Key Employees$24,076$15,048$21,067$60,191
Payroll Taxes$36,477$2,780$3,212$42,469
Depreciation Depletion$24,375--$24,375
Insurance$2,811$14,887-$17,698
All Other Expenses$7,248$2,093$3,000$12,341
Information Technology$8,596$1,712-$10,308
Other Expenses$8,557$1,580-$10,137
Fees for Services Other-$9,820-$9,820
Pension Plan Contributions$7,472$316$3$7,791
Occupancy$5,171$1,189-$6,360
Travel$2,878$1,939-$4,817
Interest-$1,673-$1,673
Total Functional Expenses$1,370,568$98,644$51,321$1,520,533
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Joy in June$50,000---
Race for Education$26,151-$18-
Total Events$76,151-$18$-18
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
loan int payable$1,375
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“A copy of Form 990 was provided to the LOGAN Hope Board of Directors who discuss the return and vote to approve it before filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“LOGAN Hope requires that officers, directors and key employees annually disclose interests that could give rise to conflicts, and monitors issues during the year that could lead to conflicts of interest.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The Board has a process for reviewing and approving the compensation, using comparability data and contemporaneous substantiation of the deliberation and decision as part of board minutes.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“LOGAN Hope makes its governing documents, conflict of interest policy and financial statements available to the public at its office during regular business hours with advanced notice. In addition, these documents are available in electronic form by email upon request.”

Filing and Contact Details

Filer

Filer Name
Logan Hope
EIN
23-3052984
Phone
2154557442
Address
4934 N 13th Street, Philadelphia, PA 19141

Signing Officer

Name
Jim Sovocool
Title
Head of School
Signed
2022-02-08
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
28
Volunteers
70

Preparer

Firm
Morey Nee Buck & Oswald LLC
Address
2571 Baglyos Cir Ste B20, Bethlehem, PA 18020
Preparer
William C Oswald
Phone
6108821000
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

“As a result of the covid-19 pandemic, the School was unable to offer their after-school program or summer programs.”

Form 990, Part III, Line 4D: Other Program Services Description

“OTHER PROGRAM SERVICES 4: Graduate Support - scholarships awarded to LOGAN Hope graduates as they move on to high school”

Financial Statement Notes

Part X : FIN48 Footnote

“The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires the Organization to report information regarding its exposure to various tax positions taken. Management has performed their evaluation and believes there are no unrecognized tax positions that are required to be disclosed. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods. The Organizations policy is to classify income tax related interest and penalties, if any, in interest expense and other expenses, respectively.”

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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0714458
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0858043
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01189
IRS990/OccupancyGrp/ProgramServicesAmt05171
IRS990/OccupancyGrp/TotalAmt06360
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04127
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt076447
IRS990/OtherEmployeeBenefitsGrp/TotalAmt080574
IRS990/OtherExpensesGrp/Desc0Other
IRS990/OtherExpensesGrp/Desc1utilities
IRS990/OtherExpensesGrp/Desc2TELEPHONE AND INTERNET
IRS990/OtherExpensesGrp/Desc3instructional supplies
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07950
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11261
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28382
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31580
IRS990/OtherExpensesGrp/ProgramServicesAmt09423
IRS990/OtherExpensesGrp/ProgramServicesAmt19476
IRS990/OtherExpensesGrp/ProgramServicesAmt22081
IRS990/OtherExpensesGrp/ProgramServicesAmt38557
IRS990/OtherExpensesGrp/TotalAmt017373
IRS990/OtherExpensesGrp/TotalAmt110737
IRS990/OtherExpensesGrp/TotalAmt210463
IRS990/OtherExpensesGrp/TotalAmt310137
IRS990/OtherLiabilitiesGrp/BOYAmt01375
IRS990/OtherLiabilitiesGrp/EOYAmt01375
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0603
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0603
IRS990/OtherRevenueTotalAmt0603
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt024039
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt023887
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0459340
IRS990/OtherSalariesAndWagesGrp/TotalAmt0507266
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03212
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02780
IRS990/PayrollTaxesGrp/ProgramServicesAmt036477
IRS990/PayrollTaxesGrp/TotalAmt042469
IRS990/PensionPlanContributionsGrp/FundraisingAmt03
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0316
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07472
IRS990/PensionPlanContributionsGrp/TotalAmt07791
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt08762
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04778
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016651
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015826
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0Food services
IRS990/ProgramServiceRevenueGrp/Desc1Other student fees income
IRS990/ProgramServiceRevenueGrp/Desc2Tuition
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014374
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2742515
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014374
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2742515
IRS990/ProgSrvcAccomActy2Grp/Desc0Summer Programs:Summer Day Camp - Provide a recreational, social and spiritual enrichment program for youth K-6th grades. It includes Bible, crafts, reading, weekly trips and swimming. The offerings of this program were interrupted by the covid-19 pandemic during the summer of 2020 and resumed in part during the summer of 2021. Summer School - Provide six weeks of supplemental education and remedial instruction in math and reading. Additional tutors work with students to close learning gaps between school years. The offerings of this program were interrupted by the Covid-19 pandemic during the summer of 2021.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02593
IRS990/ProgSrvcAccomActy3Grp/Desc0After-School Program - Provide homework help, tutoring, and enrichment programs for children grades K-8. This program offering was discontinued from July 2020 through June 2021 as a result of the covid-19 pandemic.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01127949
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0726100
IRS990/PYInvestmentIncomeAmt0987
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0159303
IRS990/PYOtherRevenueAmt04461
IRS990/PYProgramServiceRevenueAmt0801251
IRS990/PYRevenuesLessExpensesAmt0388414
IRS990/PYSalariesCompEmpBnftPaidAmt0660831
IRS990/PYTotalExpensesAmt01546234
IRS990/PYTotalRevenueAmt01934648
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0105992
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0816889
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0133384
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0950273
IRS990ScheduleD/EquipmentGrp/BookValueAmt03846
IRS990ScheduleD/EquipmentGrp/DepreciationAmt090317
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt094163
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt010000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt010000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029861
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029861
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01375
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0loan int payable
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires the Organization to report information regarding its exposure to various tax positions taken. Management has performed their evaluation and believes there are no unrecognized tax positions that are required to be disclosed. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any open tax periods. The Organizations policy is to classify income tax related interest and penalties, if any, in interest expense and other expenses, respectively.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0830735
IRS990ScheduleD/TotalLiabilityAmt01375
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The racially nondiscriminatory policy is made clear to all during the registration process. This policy is also posted prominently on the school website. LOGAN Hope is a small, neighborhood school. The neighborhood is over 90% racial minorities, and the school has over 90% racial minorities in its student population.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt076151
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt050000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt026151
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt018
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Joy in June
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Race for Education
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt050000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt026151
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt076151
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-18
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt018
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt018
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0686140
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Scholarships given to students
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt089
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0LOGAN Hope Scholarship Organization monitors the income and other eligibility requirements of the Pennsylvania EITC and OSTC to ensure that students meet the requirements at the initial granting of the scholarship and that they continue to meet the requirements in subsequent years.Grants for individuals from other sources are monitored by those sources and by LOGAN Hope to ensure that they meet their requirements.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used

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Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,127,135
Liabilities
$206,685
Net assets
$920,450
Revenue
$1,626,525
Expenses
$1,520,533
Net income
$105,992
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.09$1.27$1.89$2.00$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.10$1.38$2.45$2.03$0.43
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.09$0.96$1.67$1.64$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.21$0.92$1.63$1.52$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.17$0.81$1.93$1.55$0.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.17$0.43$1.57$1.54$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.15$0.39$1.56$1.55$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.16$0.38$1.43$1.60$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.69$0.14$0.55$1.47$1.47$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.13$0.54$1.38$1.33$0.05
2014Summary only. Only limited summary data is available for this year.$0.63$0.14$0.49$1.27$1.04$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.57$0.25$0.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.35$0.12$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.32$0.16$0.20