Civic Intelligence

Hope Homes Inc.

990 • Fiscal year 2017 • EIN 23-7222316

Jan 01, 2017 to Dec 31, 2017 • Filed on May 18, 2018

2300 Call RdStow, OH 44224

(330) 686-5342

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.00x

Higher debt load relative to assets than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

39th percentile

0.05x

Higher debt load relative to revenue than 39% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

16th percentile

-15%

Higher net margin than 16% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

1st percentile

-69%

Faster asset growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-58%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$111,649

Down $246,155 (-69%) from 2016

Net Assets

Up

$0

Up $129,533 (+100%) from 2016

Liabilities

Down

$111,649

Down $375,688 (-77%) from 2016

Revenue

Down

$2,038,517

Down $2,798,065 (-58%) from 2016

Expenses

Down

$2,340,762

Down $2,908,991 (-55%) from 2016

Net Income

Up

-$302,245

Up $110,926 (+27%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $1,685,517Liabilities 2010: $392,645Net Assets 2010: $1,292,8722010Assets 2011: $1,762,176Liabilities 2011: $512,595Net Assets 2011: $1,249,5812011Assets 2012: $1,777,885Liabilities 2012: $532,540Net Assets 2012: $1,245,3452012Assets 2013: $1,584,567Liabilities 2013: $545,798Net Assets 2013: $1,038,7692013Assets 2014: $1,195,828Liabilities 2014: $392,060Net Assets 2014: $803,7682014Assets 2015: $835,581Liabilities 2015: $551,943Net Assets 2015: $283,6382015Assets 2016: $357,804Liabilities 2016: $487,337Net Assets 2016: -$129,5332016Assets 2017: $111,649Liabilities 2017: $111,649Net Assets 2017: $02017Assets 2018: $109,323Liabilities 2018: $118,933Net Assets 2018: -$9,6102018Assets 2019: $109,311Liabilities 2019: $120,461Net Assets 2019: -$11,1502019Assets 2020: $109,311Liabilities 2020: $6,437Net Assets 2020: $102,8742020Assets 2021: $109,309Liabilities 2021: $6,913Net Assets 2021: $102,3962021Assets 2022: $109,309Liabilities 2022: $7,139Net Assets 2022: $102,1702022Assets 2023: $111,895Liabilities 2023: $250Net Assets 2023: $111,6452023Assets 2024: $111,118Liabilities 2024: $550Net Assets 2024: $110,5682024

Highlighted filing

2017

Assets$111,649
Liabilities$111,649
Net Assets$0

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $6,379,6912010Expenses 2011: $6,321,4522011Expenses 2012: $6,217,6282012Revenue 2013: $6,321,496Expenses 2013: $6,528,072Net Income 2013: -$206,5762013Revenue 2014: $6,356,912Expenses 2014: $6,591,913Net Income 2014: -$235,0012014Revenue 2015: $5,652,941Expenses 2015: $6,173,071Net Income 2015: -$520,1302015Revenue 2016: $4,836,582Expenses 2016: $5,249,753Net Income 2016: -$413,1712016Revenue 2017: $2,038,517Expenses 2017: $2,340,762Net Income 2017: -$302,2452017Revenue 2018: $18,335Expenses 2018: $27,945Net Income 2018: -$9,6102018Revenue 2019: $8,158Expenses 2019: $9,698Net Income 2019: -$1,5402019Revenue 2020: $114,165Expenses 2020: $141Net Income 2020: $114,0242020Expenses 2021: $4782021Expenses 2022: $2262022Revenue 2023: $9,951Expenses 2023: $476Net Income 2023: $9,4752023Expenses 2024: $1,0772024

Highlighted filing

2017

Revenue$2,038,517
Expenses$2,340,762
Net Income-$302,245
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 18, 2018
Return Version
2017v2.3
Gross Receipts
$2,049,704
Mission and Program Overview

Mission

To provide residential and supported living services for persons with developmental disabilities and other special needs

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$286,298$110,268▼ $176,030
Prepaid Expenses and Deferred Charges$21,579--
Land, Buildings, and Equipment, Net$18,719--
Cash and Non-Interest-Bearing Accounts$31,208$1,381▼ $29,827
Total Assets$357,804$111,649▼ $246,155
Liabilities
Mortgage Notes Payable Secured by Investment Property$254,443--
Accounts Payable and Accrued Expenses$232,894--
Other Liabilities-$111,649-
Total Liabilities$487,337$111,649▼ $375,688
Net Assets / Fund Balance
Unrestricted Net Assets$-129,533--
Total Net Assets Fund Balance$-129,533$0▲ $129,533
Total Liabilities and Net Assets / Fund Balance$357,804$111,649▼ $246,155
Compensation and Service Providers

Board Members and Trustees

NameTitle
Hollie AshworthPresident/se
Jacquie SkrzypiecBoard Member
Mark SteffenBoard Member
Rita M RootBoard Member
Paul HerreraExecutive Di
Jan KremerReal Estate
Hector GonzalezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$158
Program Service Revenue
$1,914,680
Investment Income
$123,679
Other Revenue
$0
All Other Contributions
$158
Change in Net Assets
$-302,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,682,711
Other Expenses$658,051
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,266,168$100,614-$1,366,782
Occupancy$185,802$38,272-$224,074
Other Employee Benefits$178,789$14,831-$193,620
Payroll Taxes$93,756$7,777-$101,533
Insurance$74,047$13,067-$87,114
Fees for Services Legal-$72,778-$72,778
Fees for Services Other-$50,363-$50,363
All Other Expenses$20,823$17,610-$38,433
Information Technology-$20,889-$20,889
Pension Plan Contributions$19,185$1,591-$20,776
Other Expenses$17,276$521-$17,797
Interest-$13,532-$13,532
Office Expenses-$12,479-$12,479
Travel$5,012$2,443-$7,455
Depreciation Depletion$6,047$209-$6,256
Fees for Services Accounting-$3,450-$3,450
Advertising-$1,202-$1,202
Total Functional Expenses$1,959,781$380,981$0$2,340,762
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 Hh Foundation$111,649
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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

Form 990 is reviewed by the executive director

Form 990, Page 6, Part VI, Line 12C

The board reviews annualy at a board meeting.

Form 990, Page 6, Part VI, Line 15A

The board sets executive director compensation using comparability data.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Hope Homes Inc
EIN
23-7222316
Phone
3306865342
Address
2300 CALL RD, STOW, OH 44224

Signing Officer

Name
Paul Herrera
Title
Executive Director
Phone
3306865342
Signed
2018-05-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Herrera
Formed
1966
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
140

Preparer

Firm
Linc Malachin & Dennis Inc
Address
1915 W MARKET ST STE 900, AKRON, OH 44313-6936
Preparer
Colleen M Dennis CPA
Phone
3308672800
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Gain upon transfer of debt to related 349,535 501c3 organization and write off of receivable 0 other gains upon cessation of provider activities 82,243 total 431,778

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IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02017-06-16
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0411578484
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0134866
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0CORP
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0SALE
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm0REM OHIO INC
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0C/O THE MENTOR NETWORK
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine2Txt0313 CONGRESS ST
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0BOSTON
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0MA
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd002210
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEWS ANNUALY AT A BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD SETS EXECUTIVE DIRECTOR COMPENSATION USING COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GAIN UPON TRANSFER OF DEBT TO RELATED 349,535 501C3 ORGANIZATION AND WRITE OFF OF RECEIVABLE 0 OTHER GAINS UPON CESSATION OF PROVIDER ACTIVITIES 82,243 TOTAL 431,778
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOPE HOMES FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1HOPE HOUSING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341411370
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1341751298
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HUD ASSIST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02300 CALL RD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt12300 CALL RD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0STOW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1STOW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044224
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd144224
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0true
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0203364
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1111649
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt225980
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt3110268
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt45626
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LEASE CONTRACT VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACCUM. DUE TO HHF
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3ACCUM DUE FROM HHI
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt4ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HOPE HOMES FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1HOPE HOMES FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2HOPE HOMES FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3HOPE HOUSING INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt4HOPE HOUSING INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1E
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2Q
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt4Q
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0357804
IRS990/TotalAssetsEOYAmt0111649
IRS990/TotalAssetsGrp/BOYAmt0357804
IRS990/TotalAssetsGrp/EOYAmt0111649
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0158
IRS990/TotalEmployeeCnt0140
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0380981
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01959781
IRS990/TotalFunctionalExpensesGrp/TotalAmt02340762
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0487337
IRS990/TotalLiabilitiesEOYAmt0111649
IRS990/TotalLiabilitiesGrp/BOYAmt0487337
IRS990/TotalLiabilitiesGrp/EOYAmt0111649
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-129533
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt01959781
IRS990/TotalProgramServiceRevenueAmt01914680
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02038359
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02038517
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0357804
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0111649
IRS990/TransactionWithControlEntInd0true
IRS990/TravelGrp/ManagementAndGeneralAmt02443
IRS990/TravelGrp/ProgramServicesAmt05012
IRS990/TravelGrp/TotalAmt07455
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.01$0.00$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.10$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.10$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.10$0.11$0.00$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.11$0.12$0.01$0.01$0.01$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.12$0.01$0.02$0.03$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.00$2.04$2.34$0.30
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.49$0.13$4.84$5.25$0.41
2015Detailed filing. Detailed filing data is available for this year.$0.84$0.55$0.28$5.65$6.17$0.52
2014Detailed filing. Detailed filing data is available for this year.$1.20$0.39$0.80$6.36$6.59$0.24
2013Detailed filing. Detailed filing data is available for this year.$1.58$0.55$1.04$6.32$6.53$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.53$1.25$6.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.51$1.25$6.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.39$1.29$6.38