Civic Intelligence

Hope Events Inc.

990 • Fiscal year 2014 • EIN 26-0444000

Jan 01, 2014 to Dec 31, 2014 • Filed on May 05, 2015

1011 W 10th StreetAustin, TX 78703

(512) 694-7110

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Higher debt load relative to revenue than 55% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

38th percentile

-1.1%

Higher net margin than 38% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

85th percentile

$26,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

25th percentile

-14%

Faster asset growth than 25% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

36th percentile

-7.3%

Faster revenue growth than 36% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$32,074

Down $5,050 (-14%) from 2013

Net Assets

Down

$31,965

Down $5,105 (-14%) from 2013

Liabilities

Up

$109

Up $55 (+102%) from 2013

Revenue

Down

$445,188

Down $35,043 (-7.3%) from 2013

Expenses

Down

$450,293

Down $94,094 (-17%) from 2013

Net Income

Up

-$5,105

Up $59,051 (+92%) from 2013

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $11,086Liabilities 2010: $0Net Assets 2010: $11,0862010Assets 2011: $37,354Liabilities 2011: $0Net Assets 2011: $37,3542011Assets 2012: $101,226Liabilities 2012: $0Net Assets 2012: $101,2262012Assets 2013: $37,124Liabilities 2013: $54Net Assets 2013: $37,0702013Assets 2014: $32,074Liabilities 2014: $109Net Assets 2014: $31,9652014Assets 2015: $114,005Liabilities 2015: $938Net Assets 2015: $113,0672015Assets 2016: $83,051Liabilities 2016: $117Net Assets 2016: $82,9342016Assets 2017: $106,497Liabilities 2017: $12Net Assets 2017: $106,4852017Assets 2018: $52,871Liabilities 2018: $746Net Assets 2018: $52,1252018Assets 2019: $124,687Liabilities 2019: $0Net Assets 2019: $124,6872019Assets 2021: $135,000Liabilities 2021: $0Net Assets 2021: $135,0002021Assets 2022: $185,320Net Assets 2022: $185,3202022Assets 2023: $202,106Net Assets 2023: $202,1062023

Highlighted filing

2014

Assets$32,074
Liabilities$109
Net Assets$31,965

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $132,521Expenses 2010: $129,919Net Income 2010: $2,6022010Revenue 2011: $90,444Expenses 2011: $64,176Net Income 2011: $26,2682011Expenses 2012: $325,7032012Revenue 2013: $480,231Expenses 2013: $544,387Net Income 2013: -$64,1562013Revenue 2014: $445,188Expenses 2014: $450,293Net Income 2014: -$5,1052014Revenue 2015: $296,104Expenses 2015: $215,002Net Income 2015: $81,1022015Revenue 2016: $207,960Expenses 2016: $238,093Net Income 2016: -$30,1332016Revenue 2017: $355,415Expenses 2017: $331,864Net Income 2017: $23,5512017Revenue 2018: $404,407Expenses 2018: $458,767Net Income 2018: -$54,3602018Revenue 2019: $496,658Expenses 2019: $424,096Net Income 2019: $72,5622019Revenue 2021: $290,959Expenses 2021: $307,014Net Income 2021: -$16,0552021Revenue 2022: $105,443Expenses 2022: $55,123Net Income 2022: $50,3202022Revenue 2023: $74,610Expenses 2023: $57,824Net Income 2023: $16,7862023

Highlighted filing

2014

Revenue$445,188
Expenses$450,293
Net Income-$5,105
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 5, 2015
Return Version
2014v5.0
Gross Receipts
$445,188
Mission and Program Overview

Mission

Hope Events is a 501c3 nonprofit production organization that connects creatives with causes through projects and events to help mobilize people to get involved, create and collaborate on social issues, arts education and community causes.

To help artists and musicians support education by connecting creatives with causes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$37,124$32,074▼ $5,050
Rtn Earn Endowment Incm Other Fnds$37,070$31,965▼ $5,105
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$37,124$32,074▼ $5,050
Liabilities
Accounts Payable and Accrued Expenses$54$109▲ $55
Total Liabilities$54$109▲ $55
Net Assets / Fund Balance
Total Net Assets Fund Balance$37,070$31,965▼ $5,105
Total Liabilities and Net Assets / Fund Balance$37,124$32,074▼ $5,050
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Andrea Scull CheathamCEOPT$26,000$26,000

Board Members and Trustees

NameTitle
Bj HeinleyBoard Member
Gina WhittingtonBoard Member
Mariska NicholsonBoard Member
Ryan GallDirector of Media & Events
Brian FuranoDirector of Operations
Chris ScullProj. Director & Music Supervi
Revenue and Support

Revenue Composition

Contributions and Grants
$383,202
Program Service Revenue
$61,986
Investment Income
$0
Other Revenue
$0
All Other Contributions
$383,202
Change in Net Assets
$-5,105
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$262,602
Other Expenses$161,691
Salaries, Compensation, and Employee Benefits$26,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$262,102--$262,102
Fees for Services Other$29,757$24,932-$54,689
Advertising$30,906--$30,906
Current Officers, Directors, Trustees, and Key Employees$13,000$13,000-$26,000
Occupancy$9,095$6,978-$16,073
All Other Expenses$7,020$2,514-$9,534
Travel$5,724--$5,724
Other Expenses$6,222$5,228-$5,228
Office Expenses$3,165$891-$4,056
Fees for Services Accounting-$3,250-$3,250
Insurance-$3,108-$3,108
Information Technology-$797-$797
Grants to Domestic Orgs$500--$500
Total Functional Expenses$384,127$66,166$0$450,293
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
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
No
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, Part VI, Section A, Line 2

Chris scull is the brother to andrea scull cheatham.

Form 990, Part VI, Section B, Line 11

The form 990 is prepared by a cpa firm. It is reviewed and approved by the, ceo and then distributed to all board members prior to submission.

Form 990, Part VI, Section C, Line 18

Form 1023 and all other informational return documents are available to the public upon request.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, financial statements, and informational returns available upon request.

Filing and Contact Details

Filer

Filer Name
Hope Events Inc
EIN
26-0444000
Phone
5126947110
Address
1011 W 10TH STREET, AUSTIN, TX 78703

Signing Officer

Name
Andrea Scull Cheatham
Title
CEO
Phone
5126947110
Signed
2015-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Scull Cheatham
Formed
2007
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
200

Preparer

Firm
Singerlewak Llp
Address
10960 WILSHIRE BLVD STE 700, LOS ANGELES, CA 90024-3783
Preparer
Lior Temkin
Phone
3104773924
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contractor services: program service expenses 24,932. Management and general expenses 24,932. Fundraising expenses 0. Total expenses 49,864. Contract labor: program service expenses 4,825. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,825.

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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt049410
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0254745
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.56440
IRS990ScheduleA/PublicSupportPY170Pct00.53300
IRS990ScheduleA/PublicSupportTotal170Amt0849147
IRS990ScheduleA/SubstantialContributorsTotAmt0400411
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0383202
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0406234
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0319906
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt057105
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt083111
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01249558
IRS990ScheduleA/TotalSupportAmt01504620
IRS990/ScheduleBRequiredInd00
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt050000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1200000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt212102
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt1N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt2N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0FISCAL SPONSOR DISBURSEMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1FISCAL SPONSOR DISBURSEMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2EDUCATION ASSISTANCE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO,
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO,
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0ACTUAL COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1ACTUAL COST
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc2ACTUAL COST
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt00
IRS990ScheduleF/Total501c3OrgCnt00
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt03
IRS990ScheduleF/TotalSpentAmt00
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHRIS SCULL IS THE BROTHER TO ANDREA SCULL CHEATHAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY A CPA FIRM. IT IS REVIEWED AND APPROVED BY THE, CEO AND THEN DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 1023 AND ALL OTHER INFORMATIONAL RETURN DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND INFORMATIONAL RETURNS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTOR SERVICES: PROGRAM SERVICE EXPENSES 24,932. MANAGEMENT AND GENERAL EXPENSES 24,932. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,864. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 4,825. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,825.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt037124
IRS990/TotalAssetsEOYAmt032074
IRS990/TotalAssetsGrp/BOYAmt037124
IRS990/TotalAssetsGrp/EOYAmt032074
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0383202
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt066166
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0384127
IRS990/TotalFunctionalExpensesGrp/TotalAmt0450293
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt054
IRS990/TotalLiabilitiesEOYAmt0109
IRS990/TotalLiabilitiesGrp/BOYAmt054
IRS990/TotalLiabilitiesGrp/EOYAmt0109
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt037070
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt031965
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt052840
IRS990/TotalOtherProgSrvcGrantAmt0500
IRS990/TotalProgramServiceExpensesAmt0384127
IRS990/TotalProgramServiceRevenueAmt061986
IRS990/TotalReportableCompFromOrgAmt026000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt061986
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0445188
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt037124
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt032074
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt05724
IRS990/TravelGrp/TotalAmt05724
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01011 W 10TH STREET
IRS990/USAddress/CityNm0AUSTIN
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078703
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.HOPECAMPAIGN.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREA SCULL CHEATHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05126947110
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOPE EVENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0260444000
ReturnHeader/Filer/PhoneNum05126947110
ReturnHeader/Filer/USAddress/AddressLine1Txt01011 W 10TH STREET
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078703
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952302617
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SINGERLEWAK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010960 WILSHIRE BLVD STE 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$2.02$0.75$0.58$0.17
2022Detailed filing. Detailed filing data is available for this year.$1.85$1.85$1.05$0.55$0.50
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.00$1.35$2.91$3.07$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.00$1.25$4.97$4.24$0.73
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.01$0.52$4.04$4.59$0.54
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.00$1.06$3.55$3.32$0.24
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.00$0.83$2.08$2.38$0.30
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.13$2.96$2.15$0.81
2014Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$4.45$4.50$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$4.80$5.44$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.00$1.01$3.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.90$0.64$0.26
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.00$0.11$1.33$1.30$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits