Civic Intelligence

Building New Hope

990 • Fiscal year 2018 • EIN 25-1698704

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

305 34th StreetPittsburgh, PA 15201

(412) 363-7465

Siviq Scores

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

Liabilities / Assets

85th percentile

0.27x

Higher debt load relative to assets than 85% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

31st percentile

-4.7%

Higher net margin than 31% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$20,969

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

19th percentile

-23%

Faster asset growth than 19% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

76th percentile

25%

Faster revenue growth than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$48,982

Down $14,494 (-23%) from 2017

Net Assets

Down

$35,638

Down $9,609 (-21%) from 2017

Liabilities

Down

$13,344

Down $4,885 (-27%) from 2017

Revenue

Up

$203,841

Up $40,822 (+25%) from 2017

Expenses

Up

$213,450

Up $32,553 (+18%) from 2017

Net Income

Up

-$9,609

Up $8,269 (+46%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $127,599Liabilities 2011: $23,117Net Assets 2011: $104,4822011Assets 2012: $110,959Liabilities 2012: $26,335Net Assets 2012: $84,6242012Assets 2013: $156,902Liabilities 2013: $9,286Net Assets 2013: $147,6162013Assets 2014: $130,800Liabilities 2014: $2,652Net Assets 2014: $128,1482014Assets 2015: $112,795Liabilities 2015: $19,059Net Assets 2015: $93,7362015Assets 2016: $74,518Liabilities 2016: $11,393Net Assets 2016: $63,1252016Assets 2017: $63,476Liabilities 2017: $18,229Net Assets 2017: $45,2472017Assets 2018: $48,982Liabilities 2018: $13,344Net Assets 2018: $35,6382018Assets 2019: $39,251Liabilities 2019: $14,606Net Assets 2019: $24,6452019Assets 2020: $60,099Liabilities 2020: $30,593Net Assets 2020: $29,5062020Assets 2021: $88,833Liabilities 2021: $35,194Net Assets 2021: $53,6392021Assets 2022: $152,729Liabilities 2022: $58,918Net Assets 2022: $93,8112022

Highlighted filing

2018

Assets$48,982
Liabilities$13,344
Net Assets$35,638

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $227,9042011Revenue 2012: $178,362Expenses 2012: $198,220Net Income 2012: -$19,8582012Revenue 2013: $264,159Expenses 2013: $203,385Net Income 2013: $60,7742013Revenue 2014: $178,411Expenses 2014: $197,879Net Income 2014: -$19,4682014Revenue 2015: $152,841Expenses 2015: $187,253Net Income 2015: -$34,4122015Revenue 2016: $153,719Expenses 2016: $184,330Net Income 2016: -$30,6112016Revenue 2017: $163,019Expenses 2017: $180,897Net Income 2017: -$17,8782017Revenue 2018: $203,841Expenses 2018: $213,450Net Income 2018: -$9,6092018Revenue 2019: $166,799Expenses 2019: $177,792Net Income 2019: -$10,9932019Revenue 2020: $168,075Expenses 2020: $163,214Net Income 2020: $4,8612020Revenue 2021: $208,516Expenses 2021: $184,383Net Income 2021: $24,1332021Revenue 2022: $223,321Expenses 2022: $183,149Net Income 2022: $40,1722022

Highlighted filing

2018

Revenue$203,841
Expenses$213,450
Net Income-$9,609
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$203,841
Mission and Program Overview

Mission

Partnership and support for communities in development in central america which are accomplished through programs in development, education, and health

Partnership and support for communities in development in central america which are accomplished through programs in development, education, and health.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,908$19,389▲ $1,481
Inventories for Sale or Use$35,205$15,228▼ $19,977
Accounts Receivable$7,913$13,383▲ $5,470
Prepaid Expenses and Deferred Charges$2,450$982▼ $1,468
Total Assets$63,476$48,982▼ $14,494
Liabilities
Accounts Payable and Accrued Expenses$18,229$13,344▼ $4,885
Total Liabilities$18,229$13,344▼ $4,885
Net Assets / Fund Balance
Unrestricted Net Assets$45,247$35,638▼ $9,609
Total Net Assets Fund Balance$45,247$35,638▼ $9,609
Total Liabilities and Net Assets / Fund Balance$63,476$48,982▼ $14,494
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer NovelliExecutive DirectorPT$20,969$20,969

Board Members and Trustees

NameTitle
John SoluriChairperson
Anne Marie ToccketBoard Member
Annia AlemanBoard Member
Bibi Al-ebrahimBoard Member
Jason NorrisBoard Member
Therese TardioBoard Member
Loraine TaylorSecretary
Eileen Kraus DobratzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$135,869
Program Service Revenue
$67,972
Investment Income
$0
Other Revenue
$0
All Other Contributions
$120,098
Change in Net Assets
$-9,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$125,916
Grants and Similar Amounts Paid$48,420
Salaries, Compensation, and Employee Benefits$34,145
Professional Fundraising Fees$4,969
Total Fundraising Expense$4,969

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$48,420--$48,420
Current Officers, Directors, Trustees, and Key Employees$26,840$2,655-$29,495
All Other Expenses$16,174$604-$16,778
Other Expenses$12,763$23-$12,763
Fees for Services Professional Fundraising--$4,969$4,969
Occupancy$2,809$278-$3,087
Fees for Services Accounting$2,279$225-$2,504
Payroll Taxes$2,226$220-$2,446
Other Employee Benefits$2,006$198-$2,204
Fees for Service Investment Mgmnt Fees$1,447$143-$1,590
Information Technology$325$32-$357
Office Expenses$284$28-$312
Interest$26--$26
Total Functional Expenses$203,931$4,550$4,969$213,450
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$4,969

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Raffle$15,771$15,771-$15,771
Total Events$15,771$15,771-$15,771
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
Yes
Audit committee
Yes
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
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
No

Governance Explanations

Form 990 governing body review Part VI line 11

990 is reviewed by board treasurer prior to filing and made available to board members upon request.

Governing documents etc available to public Part VI line 19

These documents are provided upon request

Filing and Contact Details

Filer

Filer Name
Building New Hope
EIN
25-1698704
Address
305 34TH STREET, PITTSBURGH, PA 15201

Signing Officer

Name
John Soluri
Title
Chairperson
Phone
4123637465
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Novelli
Formed
2010
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
8
Employees
3

Preparer

Firm
J Scott Mazur CPA
Address
432 GREEN STREET, SEWICKLEY, PA 15143
Preparer
J Scott Mazur CPA
Phone
4127418090
Supplemental Narrative

Additional Explanations

Part III response or note to any other line in Part III

Education - building new hope runs innovative educational programs in granada, nicaragua, and also provides high school and university enrollment support to the children of the coffee cooperative, el porvenir. Quinta los chavalos (the kids place) quinta is a supplemental school for about 100 children living in one of the poorest neighborhoods in granada. Here these elementary through middle school students are tutored in their school subjects to supplement the half-day program in the public schools, and prepare them for future education in high school and universities. Computer access, physical activities, arts, and music are offered as well. Quinta students consistently performed at the top of their public school classes. Parental involvement is an important ingredient in the success of the program. Escuelita yo puedo (the little i can school)escuelita is a supplemental school serving several granada neighborhoods where about 72 children discover an opportunity that may have eluded their parents: to learn to read, do math, play games, sing, and to be a child. Middle school students also receive english classes, which has become increasingly important in nicaraguan public schools. School programming also incorporates activities to enrich the curriculum, including arts workshops, poetry workshops, field trips and cultural activities and performances. High school scolarship programit became clear in 2009 that the graduates of our two elementary schools were struggling after graduation because of poor quality high school education. So a high school scholarship program was begun, enabling needy students to attend a quality high school. Recipients are required to maintain good grades, and to give back in some way, often through tutoring younger students or participating in clean up and improvement projects. Additional support is provided in the form of school supplies and tutoring sessions when needed. During 2018 seventeen students were supported. Developmentthe coffee project - in 2002, when a precipitous drop in the world price of coffee brought devastation and starvation deaths to regions in nicaragua, building new hope formed a relationship with the 46 families of the worker-owned cooperative of el porvenir to assist them in marketing their product and to avoid foreclosure and loss of land. By working with many volunteers, bnh has been able to pay them more than the fair trade price for their product and also provide additional assistance, enabling them to secure their land and expand their school. During 2018, additional funds were also provided for the cooperative to repair their water tanks, which are essential to the communitys collection of drinking water and to irrigation of crops, thus critical to their livelihood . Building new hope also provides an education fund for the community, which the members of the cooperative direct. These funds are used to provide access to high school education, which otherwise would not be available, and to support college education for youth from the community who are selected by the cooperative.canasta basica - 2018 was a year of political unrest in nicaragua. We were proud to provide some stability to our teachers and students throughout the year. Additionally, 60 families associated with both schools received a canasta basica for the holidays - a basket full of basic food and household supplies - approximately one months worth. Healthhealth work in 2018 primarily related to our sponsored project, the casa lupita veterinary clinic.a large and sick population of street animals is a serious public health problem, as are work animals that are not in good health. The casa lupita clinic was founded to provide affordable spay/neuter services, and treatment of animals held as pets and work animals. During 2018 it served more than 2,382 dogs and cats, locally and another1,256 spay/neuter surgeries in surrounding communities buiding new hope also supports other projects in nicaragua consistant w

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 IS REVIEWED BY BOARD TREASURER PRIOR TO FILING AND MADE AVAILABLE TO BOARD MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THESE DOCUMENTS ARE PROVIDED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EDUCATION - BUILDING NEW HOPE RUNS INNOVATIVE EDUCATIONAL PROGRAMS IN GRANADA, NICARAGUA, AND ALSO PROVIDES HIGH SCHOOL AND UNIVERSITY ENROLLMENT SUPPORT TO THE CHILDREN OF THE COFFEE COOPERATIVE, EL PORVENIR. QUINTA LOS CHAVALOS (THE KIDS PLACE) QUINTA IS A SUPPLEMENTAL SCHOOL FOR ABOUT 100 CHILDREN LIVING IN ONE OF THE POOREST NEIGHBORHOODS IN GRANADA. HERE THESE ELEMENTARY THROUGH MIDDLE SCHOOL STUDENTS ARE TUTORED IN THEIR SCHOOL SUBJECTS TO SUPPLEMENT THE HALF-DAY PROGRAM IN THE PUBLIC SCHOOLS, AND PREPARE THEM FOR FUTURE EDUCATION IN HIGH SCHOOL AND UNIVERSITIES. COMPUTER ACCESS, PHYSICAL ACTIVITIES, ARTS, AND MUSIC ARE OFFERED AS WELL. QUINTA STUDENTS CONSISTENTLY PERFORMED AT THE TOP OF THEIR PUBLIC SCHOOL CLASSES. PARENTAL INVOLVEMENT IS AN IMPORTANT INGREDIENT IN THE SUCCESS OF THE PROGRAM. ESCUELITA YO PUEDO (THE LITTLE I CAN SCHOOL)ESCUELITA IS A SUPPLEMENTAL SCHOOL SERVING SEVERAL GRANADA NEIGHBORHOODS WHERE ABOUT 72 CHILDREN DISCOVER AN OPPORTUNITY THAT MAY HAVE ELUDED THEIR PARENTS: TO LEARN TO READ, DO MATH, PLAY GAMES, SING, AND TO BE A CHILD. MIDDLE SCHOOL STUDENTS ALSO RECEIVE ENGLISH CLASSES, WHICH HAS BECOME INCREASINGLY IMPORTANT IN NICARAGUAN PUBLIC SCHOOLS. SCHOOL PROGRAMMING ALSO INCORPORATES ACTIVITIES TO ENRICH THE CURRICULUM, INCLUDING ARTS WORKSHOPS, POETRY WORKSHOPS, FIELD TRIPS AND CULTURAL ACTIVITIES AND PERFORMANCES. HIGH SCHOOL SCOLARSHIP PROGRAMIT BECAME CLEAR IN 2009 THAT THE GRADUATES OF OUR TWO ELEMENTARY SCHOOLS WERE STRUGGLING AFTER GRADUATION BECAUSE OF POOR QUALITY HIGH SCHOOL EDUCATION. SO A HIGH SCHOOL SCHOLARSHIP PROGRAM WAS BEGUN, ENABLING NEEDY STUDENTS TO ATTEND A QUALITY HIGH SCHOOL. RECIPIENTS ARE REQUIRED TO MAINTAIN GOOD GRADES, AND TO GIVE BACK IN SOME WAY, OFTEN THROUGH TUTORING YOUNGER STUDENTS OR PARTICIPATING IN CLEAN UP AND IMPROVEMENT PROJECTS. ADDITIONAL SUPPORT IS PROVIDED IN THE FORM OF SCHOOL SUPPLIES AND TUTORING SESSIONS WHEN NEEDED. DURING 2018 SEVENTEEN STUDENTS WERE SUPPORTED. DEVELOPMENTTHE COFFEE PROJECT - IN 2002, WHEN A PRECIPITOUS DROP IN THE WORLD PRICE OF COFFEE BROUGHT DEVASTATION AND STARVATION DEATHS TO REGIONS IN NICARAGUA, BUILDING NEW HOPE FORMED A RELATIONSHIP WITH THE 46 FAMILIES OF THE WORKER-OWNED COOPERATIVE OF EL PORVENIR TO ASSIST THEM IN MARKETING THEIR PRODUCT AND TO AVOID FORECLOSURE AND LOSS OF LAND. BY WORKING WITH MANY VOLUNTEERS, BNH HAS BEEN ABLE TO PAY THEM MORE THAN THE FAIR TRADE PRICE FOR THEIR PRODUCT AND ALSO PROVIDE ADDITIONAL ASSISTANCE, ENABLING THEM TO SECURE THEIR LAND AND EXPAND THEIR SCHOOL. DURING 2018, ADDITIONAL FUNDS WERE ALSO PROVIDED FOR THE COOPERATIVE TO REPAIR THEIR WATER TANKS, WHICH ARE ESSENTIAL TO THE COMMUNITYS COLLECTION OF DRINKING WATER AND TO IRRIGATION OF CROPS, THUS CRITICAL TO THEIR LIVELIHOOD . BUILDING NEW HOPE ALSO PROVIDES AN EDUCATION FUND FOR THE COMMUNITY, WHICH THE MEMBERS OF THE COOPERATIVE DIRECT. THESE FUNDS ARE USED TO PROVIDE ACCESS TO HIGH SCHOOL EDUCATION, WHICH OTHERWISE WOULD NOT BE AVAILABLE, AND TO SUPPORT COLLEGE EDUCATION FOR YOUTH FROM THE COMMUNITY WHO ARE SELECTED BY THE COOPERATIVE.CANASTA BASICA - 2018 WAS A YEAR OF POLITICAL UNREST IN NICARAGUA. WE WERE PROUD TO PROVIDE SOME STABILITY TO OUR TEACHERS AND STUDENTS THROUGHOUT THE YEAR. ADDITIONALLY, 60 FAMILIES ASSOCIATED WITH BOTH SCHOOLS RECEIVED A CANASTA BASICA FOR THE HOLIDAYS - A BASKET FULL OF BASIC FOOD AND HOUSEHOLD SUPPLIES - APPROXIMATELY ONE MONTHS WORTH. HEALTHHEALTH WORK IN 2018 PRIMARILY RELATED TO OUR SPONSORED PROJECT, THE CASA LUPITA VETERINARY CLINIC.A LARGE AND SICK POPULATION OF STREET ANIMALS IS A SERIOUS PUBLIC HEALTH PROBLEM, AS ARE WORK ANIMALS THAT ARE NOT IN GOOD HEALTH. THE CASA LUPITA CLINIC WAS FOUNDED TO PROVIDE AFFORDABLE SPAY/NEUTER SERVICES, AND TREATMENT OF ANIMALS HELD AS PETS AND WORK ANIMALS. DURING 2018 IT SERVED MORE THAN 2,382 DOGS AND CATS, LOCALLY AND ANOTHER1,256 SPAY/NEUTER SURGERIES IN SURROUNDING COMMUNITIES BUIDING NEW HOPE ALSO SUPPORTS OTHER PROJECTS IN NICARAGUA CONSISTANT W
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
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ReturnHeader/FilingSecurityInformation/IPTm019:49:32

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