Civic Intelligence

Initiate Hope Inc.

990EZ • Fiscal year 2018 • EIN 27-1185330

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 30, 2019

4560 Fremont LanePlano, TX 75093

(972) 359-6761

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 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

27th percentile

-7.6%

Higher net margin than 27% of similar nonprofits.

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

Top Officer Pay

85th percentile

$23,400

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 42.5% of source-year revenue.

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

Asset Growth

4th percentile

-82%

Faster asset growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2018

Revenue Growth

55th percentile

4.1%

Faster revenue growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2018

Assets

Down

$215

Down $6,316 (-97%) from 2016

Net Assets

Down

$215

Down $6,316 (-97%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$54,995

Up $4,203 (+8.3%) from 2016

Expenses

Up

$59,166

Up $9,658 (+20%) from 2016

Net Income

Down

-$4,171

Down $5,455 (-425%) from 2016

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2014: $25,697Net Assets 2014: $25,6972014Assets 2015: $5,247Net Assets 2015: $5,2472015Assets 2016: $6,531Net Assets 2016: $6,5312016Assets 2018: $215Net Assets 2018: $2152018Assets 2019: $15Net Assets 2019: $152019Assets 2020: $1,328Net Assets 2020: $1,3282020Assets 2021: $17,922Net Assets 2021: $17,9222021Assets 2022: $31,411Liabilities 2022: $0Net Assets 2022: $31,4112022Assets 2023: $15,500Liabilities 2023: $0Net Assets 2023: $15,5002023

Highlighted filing

2018

Assets$215
Liabilities-
Net Assets$215

Operations Trend

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

$100K$50K$0-$50KRevenue 2014: $74,520Expenses 2014: $48,823Net Income 2014: $25,6972014Revenue 2015: $60,710Expenses 2015: $75,439Net Income 2015: -$14,7292015Revenue 2016: $50,792Expenses 2016: $49,508Net Income 2016: $1,2842016Revenue 2018: $54,995Expenses 2018: $59,166Net Income 2018: -$4,1712018Revenue 2019: $54,996Expenses 2019: $56,090Net Income 2019: -$1,0942019Revenue 2020: $47,930Expenses 2020: $51,204Net Income 2020: -$3,2742020Revenue 2021: $79,890Expenses 2021: $70,688Net Income 2021: $9,2022021Revenue 2022: $60,652Expenses 2022: $46,458Net Income 2022: $14,1942022Revenue 2023: $66,983Expenses 2023: $82,456Net Income 2023: -$15,4732023

Highlighted filing

2018

Revenue$54,995
Expenses$59,166
Net Income-$4,171
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 30, 2019
Return Version
2018v3.1
Gross Receipts
$54,995
Mission and Program Overview

Mission

Purpose of mobilizing the body of christ to actively participate in the work god is doing both in their communities and in the world. Believing in the truth of god's word, we desire to lead christians by our example of a missional endeavor to meet both spiritual and physical needs of a world in need of healing and joy. Through initiate hope inc, we believe that hope will spring up and the name of jesus will be made known among the nations and in our own neighborhoods.

Program Services

DescriptionGrantsExpenses
2018 ACCOMPLISHMENTS 1. ATTENDANCE AT BLENHEIM BAPTIST CHURCH CONTINUES TO GROW. 2. SMALL GROUPS GROWING WITH NEW GROUPS ADDED. 3. MEETINGS WITH STUDENTS THROUGH THE CHAPLAINCY CONTINUE TO GROW GEOMETRICALLY. 4. ATTENDANCE AT THE INTERNATIONAL STUDENT CLUB MEETINGS LARGEST IN ITS HISTORY. 5. ATTENDANCE AT CHAPLAINCY-HOSTED FACULTY COFFEES AT THE UNIVERSITIES CONTINUES TO GROW. 6. SELECTED BY UNIVERSITY OFFICIALS TO LEAD STUDENT MISSION TRIP TO AFRICA.-$59,166
2018 ACCOMPLISHMENTS 1. ATTENDANCE AT BLENHEIM BAPTIST CHURCH CONTINUES TO GROW. 2. SMALL GROUPS GROWING WITH NEW GROUPS ADDED. 3. MEETINGS WITH STUDENTS THROUGH THE CHAPLAINCY CONTINUE TO GROW GEOMETRICALLY. 4. ATTENDANCE AT THE INTERNATIONAL STUDENT CLUB MEETINGS LARGEST IN ITS HISTORY. 5. ATTENDANCE AT CHAPLAINCY-HOSTED FACULTY COFFEES AT THE UNIVERSITIES CONTINUES TO GROW. 6. SELECTED BY UNIVERSITY OFFICIALS TO LEAD STUDENT MISSION TRIP TO AFRICA.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANNA SPIEGELPresidentFT$23,400-$23,400
WESLEY SPIEGELTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Initiate Hope Inc
EIN
27-1185330
Phone
9723596761
Address
4560 FREMONT LANE, PLANO, TX 75093

Signing Officer

Name
Wesley Spiegel
Title
Treasurer
Signed
2019-04-30
Discuss with paid preparer
Yes

Preparer

Firm
Devonshire Tax Service LLC
Address
1431 GREENWICH DR, ALLEN, TX 75013
Preparer
Nancy Blanchette
Phone
9723596761
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 4,635 office 70 information technology 8,035 travel 3,068 total 15,808

Form 990-ez, Part III

Purpose of mobilizing the body of christ to actively participate in the work god is doing both in their communities and in the world. Believing in the truth of god's word, we desire to lead christians by our example of a missional endeavor to meet both spiritual and physical needs of a world in need of healing and joy. Through initiate hope inc, we believe that hope will spring up and the name of jesus will be made known among the nations and in our own neighborhoods.

Form 990-ez, Part III, Line 28

2018 accomplishments 1. Attendance at blenheim baptist church continues to grow. 2. Small groups growing with new groups added. 3. Meetings with students through the chaplaincy continue to grow geometrically. 4. Attendance at the international student club meetings largest in its history. 5. Attendance at chaplaincy-hosted faculty coffees at the universities continues to grow. 6. Selected by university officials to lead student mission trip to africa.

Form 990-ez, Part III, Line 31

2018 accomplishments 1. Attendance at blenheim baptist church continues to grow. 2. Small groups growing with new groups added. 3. Meetings with students through the chaplaincy continue to grow geometrically. 4. Attendance at the international student club meetings largest in its history. 5. Attendance at chaplaincy-hosted faculty coffees at the universities continues to grow. 6. Selected by university officials to lead student mission trip to africa.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 4,635 OFFICE 70 INFORMATION TECHNOLOGY 8,035 TRAVEL 3,068 TOTAL 15,808
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PURPOSE OF MOBILIZING THE BODY OF CHRIST TO ACTIVELY PARTICIPATE IN THE WORK GOD IS DOING BOTH IN THEIR COMMUNITIES AND IN THE WORLD. BELIEVING IN THE TRUTH OF GOD'S WORD, WE DESIRE TO LEAD CHRISTIANS BY OUR EXAMPLE OF A MISSIONAL ENDEAVOR TO MEET BOTH SPIRITUAL AND PHYSICAL NEEDS OF A WORLD IN NEED OF HEALING AND JOY. THROUGH INITIATE HOPE INC, WE BELIEVE THAT HOPE WILL SPRING UP AND THE NAME OF JESUS WILL BE MADE KNOWN AMONG THE NATIONS AND IN OUR OWN NEIGHBORHOODS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22018 ACCOMPLISHMENTS 1. ATTENDANCE AT BLENHEIM BAPTIST CHURCH CONTINUES TO GROW. 2. SMALL GROUPS GROWING WITH NEW GROUPS ADDED. 3. MEETINGS WITH STUDENTS THROUGH THE CHAPLAINCY CONTINUE TO GROW GEOMETRICALLY. 4. ATTENDANCE AT THE INTERNATIONAL STUDENT CLUB MEETINGS LARGEST IN ITS HISTORY. 5. ATTENDANCE AT CHAPLAINCY-HOSTED FACULTY COFFEES AT THE UNIVERSITIES CONTINUES TO GROW. 6. SELECTED BY UNIVERSITY OFFICIALS TO LEAD STUDENT MISSION TRIP TO AFRICA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt32018 ACCOMPLISHMENTS 1. ATTENDANCE AT BLENHEIM BAPTIST CHURCH CONTINUES TO GROW. 2. SMALL GROUPS GROWING WITH NEW GROUPS ADDED. 3. MEETINGS WITH STUDENTS THROUGH THE CHAPLAINCY CONTINUE TO GROW GEOMETRICALLY. 4. ATTENDANCE AT THE INTERNATIONAL STUDENT CLUB MEETINGS LARGEST IN ITS HISTORY. 5. ATTENDANCE AT CHAPLAINCY-HOSTED FACULTY COFFEES AT THE UNIVERSITIES CONTINUES TO GROW. 6. SELECTED BY UNIVERSITY OFFICIALS TO LEAD STUDENT MISSION TRIP TO AFRICA.
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Filings