Civic Intelligence

Tangible Hope Foundation

990EZ • Fiscal year 2017 • EIN 27-0975767

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 13, 2018

Organization Profilewww.tangiblehope.org
PO Box 2868Sausalito, CA 94966

(415) 786-0202

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

62nd percentile

9.2%

Higher net margin than 62% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

89th percentile

$40,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 40.9% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

70th percentile

17%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$58,289

Up $8,650 (+17%) from 2016

Net Assets

Up

$58,289

Up $9,020 (+18%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin62nd percentile

Revenue

Up

$97,729

Up $12,516 (+15%) from 2016

Expenses

Up

$88,709

Up $27,307 (+44%) from 2016

Net Income

Down

$9,020

Down $14,791 (-62%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

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

$150K$100K$50K$0Assets 2014: $41,407Net Assets 2014: $41,4072014Assets 2015: $25,458Net Assets 2015: $25,4582015Assets 2016: $49,639Liabilities 2016: $370Net Assets 2016: $49,2692016Assets 2017: $58,289Net Assets 2017: $58,2892017Assets 2018: $111,044Net Assets 2018: $111,0442018Assets 2019: $56,853Liabilities 2019: $0Net Assets 2019: $56,8532019Assets 2020: $70,471Liabilities 2020: $9,588Net Assets 2020: $60,8832020Assets 2021: $82,816Liabilities 2021: $19,175Net Assets 2021: $63,6412021Assets 2022: $69,835Net Assets 2022: $69,8352022Assets 2023: $57,483Net Assets 2023: $57,4832023Assets 2024: $31,542Net Assets 2024: $31,5422024

Highlighted filing

2017

Assets$58,289
Liabilities-
Net Assets$58,289
Open 2017 Filing

Operations Trend

Revenue Growth68th percentile

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

$200K$100K$0-$100KRevenue 2014: $51,908Expenses 2014: $31,434Net Income 2014: $20,4742014Revenue 2015: $70,477Expenses 2015: $86,455Net Income 2015: -$15,9782015Revenue 2016: $85,213Expenses 2016: $61,402Net Income 2016: $23,8112016Revenue 2017: $97,729Expenses 2017: $88,709Net Income 2017: $9,0202017Revenue 2018: $157,236Expenses 2018: $104,481Net Income 2018: $52,7552018Revenue 2019: $63,736Expenses 2019: $117,927Net Income 2019: -$54,1912019Revenue 2020: $74,520Expenses 2020: $70,490Net Income 2020: $4,0302020Revenue 2021: $69,294Expenses 2021: $66,536Net Income 2021: $2,7582021Revenue 2022: $92,496Expenses 2022: $86,302Net Income 2022: $6,1942022Revenue 2023: $54,328Expenses 2023: $66,680Net Income 2023: -$12,3522023Revenue 2024: $70,638Expenses 2024: $96,579Net Income 2024: -$25,9412024

Highlighted filing

2017

Revenue$97,729
Expenses$88,709
Net Income$9,020
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 13, 2018
Return Version
2017v2.2
Gross Receipts
$104,733
Mission and Program Overview

Mission

Mission Statement:Tangible Hope Foundation (THF) is a nonprofit humanitarian organization committed to empowering and protecting young girls and women to break the cycle of poverty and create a thriving community by advancing their rights through education, sustainable development, basic medical care and nutrition. Thereby creating a generation of women who can lift the next generation of women out of poverty and into a vibrant life of opportunity.

Program Services

DescriptionGrantsExpenses
2017 Major Accomplishments:Tangible Hope Foundation has succeeded in sponsoring 90 girls in Kofele, Ethiopia. The girls families are committed to keeping their daughters in school and are seeing the benefits of doing so. Received Unsung Heroes of Compassion Award from his holiness the Dalai Lama for her service to girls through Tangible Hope Foundation. Lily Yoseph was among those chosen from 18 countries worldwide.Procedures of Giving Sponsorship CURRENT:Tangible Hope is currently sponsoring 90 young girls in Kofele, Ethiopia. They were chosen by the village elders as the girls who had the greatest need. Through partnerships with our sponsors, we empower these girls to achieve a better future for themselves and their communities by giving them the opportunity to go to school. To accomplish this, we provide them with:Medical check-ups/careResources for proper hygieneSchool uniforms and suppliesAgreements with their families to keep their daughters in school in exchange for grain and cooking oilAfter school tutoring three times a week to ensure successful academic progressFUTURE:Our goal is to increase the number of sponsored girls every year.The second phase of our project involves developing the Adu Darara Center in Kofele, Ethiopia. Currently we have an acre of land which is ready for the center built. A generous architect has drawn the plans for the center. Once funding is complete the center will be built by dedicated individuals. The center will specifically target young girls and their families, providing them with direct access to:Supplementary education and additional tutoring services Access to resources for proper health, hygiene and nutrition Education regarding the detrimental effects of genital mutilation Leadership training and community outreach Outlet for families to provide artwork and crafts in exchange for a fair price to supplement their incomeEducation regarding sustainable agriculture techniques Regularly scheduled Back to School Nights with whole family attendance to showcase the progress that is not only changing the participating girls lives, but also the entire community of Kofele. The compound will be a protected and guarded environment where the girls will be sheltered from the possibility of kidnapping or rape. Tangible Hope strives to put an end to the social norms throughout much of the developing world where young girls are considered unimportant and disposable.$46,345$24,800
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tilile YosephFounder, Ex DirectorFT$40,000-$40,000
Brian HertzDirector-$0--
Thomas WarnerDirector-$0--
Janet DeanChair Treasurer-$0--
Dove VallenderDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner Auction$19,561$19,561$7,004$12,557
Total Events$19,561$19,561$7,004$12,557
Filing and Contact Details

Filer

Filer Name
Tangible Hope Foundation
EIN
27-0975767
Phone
4157860202
Address
PO Box 2868, Sausalito, CA 94966

Signing Officer

Name
Janet Dean
Title
Chair Treasurer
Signed
2018-08-13
Discuss with paid preparer
Yes

Preparer

Firm
Richard K Chinlund CPA
Address
1299 Fourth Street Suite 506, San Rafael, CA 94901
Preparer
Richard K Chinlund CPA
Phone
4155263686
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: Chaltu Yoseph | Donee's Address: PO Box 102345 Addis Ababa Ethiopia | Cash Amount Given: $24800”

Other Expenses.1005

“Travel $8438”

Other Expenses.1009

“Depreciation $267”

Other Expenses.1

“Telephone $1751”

Other Expenses.2

“Website Hosting $607”

Other Expenses.3

“Parking and Tolls $380”

Other Expenses.4

“Office Supplies $162”

Other Expenses.6

“Computer Software $116”

Other Expenses.8

“Bank Charge $48”

Other Assets.1002

“Furniture and Fixtures - Beginning $1069 Furniture and Fixtures - Ending $802”

Total Liabilities.1

“Payroll Liabilities - Beginning $370 Payroll Liabilities - Ending $0”

Raw XML Appendix182 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt02017 Major Accomplishments:Tangible Hope Foundation has succeeded in sponsoring 90 girls in Kofele, Ethiopia. The girls families are committed to keeping their daughters in school and are seeing the benefits of doing so. Received Unsung Heroes of Compassion Award from his holiness the Dalai Lama for her service to girls through Tangible Hope Foundation. Lily Yoseph was among those chosen from 18 countries worldwide.Procedures of Giving Sponsorship CURRENT:Tangible Hope is currently sponsoring 90 young girls in Kofele, Ethiopia. They were chosen by the village elders as the girls who had the greatest need. Through partnerships with our sponsors, we empower these girls to achieve a better future for themselves and their communities by giving them the opportunity to go to school. To accomplish this, we provide them with:Medical check-ups/careResources for proper hygieneSchool uniforms and suppliesAgreements with their families to keep their daughters in school in exchange for grain and cooking oilAfter school tutoring three times a week to ensure successful academic progressFUTURE:Our goal is to increase the number of sponsored girls every year.The second phase of our project involves developing the Adu Darara Center in Kofele, Ethiopia. Currently we have an acre of land which is ready for the center built. A generous architect has drawn the plans for the center. Once funding is complete the center will be built by dedicated individuals. The center will specifically target young girls and their families, providing them with direct access to:Supplementary education and additional tutoring services Access to resources for proper health, hygiene and nutrition Education regarding the detrimental effects of genital mutilation Leadership training and community outreach Outlet for families to provide artwork and crafts in exchange for a fair price to supplement their incomeEducation regarding sustainable agriculture techniques Regularly scheduled Back to School Nights with whole family attendance to showcase the progress that is not only changing the participating girls lives, but also the entire community of Kofele. The compound will be a protected and guarded environment where the girls will be sheltered from the possibility of kidnapping or rape. Tangible Hope strives to put an end to the social norms throughout much of the developing world where young girls are considered unimportant and disposable.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Chaltu Yoseph | Donee's Address: PO Box 102345 Addis Ababa Ethiopia | Cash Amount Given: $24800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $8438
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,289
Liabilities
-
Net assets
$58,289
Revenue
$97,729
Expenses
$88,709
Net income
$9,020
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.32$0.32$0.71$0.97$0.26
2023Detailed filing. Detailed filing data is available for this year.$0.57$0.57$0.54$0.67$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.70$0.70$0.92$0.86$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.83$0.19$0.64$0.69$0.67$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.10$0.61$0.75$0.70$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.64$1.18$0.54
2018Detailed filing. Detailed filing data is available for this year.$1.11$1.11$1.57$1.04$0.53
2017Detailed filing. Detailed filing data is available for this year.$0.58$0.58$0.98$0.89$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.49$0.85$0.61$0.24
2015Detailed filing. Detailed filing data is available for this year.$0.25$0.25$0.70$0.86$0.16
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.41$0.52$0.31$0.20