Civic Intelligence

Beacon of Hope Inc.

990EZ • Fiscal year 2016 • EIN 27-1612632

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 31, 2017

4 Mill Street Unit 1Mt Holly, NJ 08060

(609) 288-6517

Siviq Scores

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

Liabilities / Assets

70th percentile

0.10x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • NTEE P • <$500k nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.02x

Higher debt load relative to revenue than 62% of similar nonprofits.

2016 filings • NTEE P • <$500k nonprofits • Source year 2016

Net Margin

51st percentile

4.2%

Higher net margin than 51% of similar nonprofits.

2016 filings • NTEE P • <$500k nonprofits • Source year 2016

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2016 filings • NTEE P • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$10,805

No earlier filing loaded for comparison.

Net Assets

$9,741

No earlier filing loaded for comparison.

Liabilities

$1,064

No earlier filing loaded for comparison.

Revenue

$46,694

No earlier filing loaded for comparison.

Expenses

$44,748

No earlier filing loaded for comparison.

Net Income

$1,946

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50K-$100KAssets 2016: $10,805Liabilities 2016: $1,064Net Assets 2016: $9,7412016Assets 2021: $46,764Liabilities 2021: $20,778Net Assets 2021: $25,9862021Assets 2022: $90,402Liabilities 2022: $13,902Net Assets 2022: $76,5002022Assets 2023: $28,994Liabilities 2023: $97,092Net Assets 2023: -$68,0982023Assets 2024: $65,848Liabilities 2024: $97,926Net Assets 2024: -$32,0782024

Highlighted filing

2016

Assets$10,805
Liabilities$1,064
Net Assets$9,741

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $46,694Expenses 2016: $44,748Net Income 2016: $1,9462016Revenue 2021: $307,812Expenses 2021: $305,632Net Income 2021: $2,1802021Revenue 2022: $591,125Expenses 2022: $540,611Net Income 2022: $50,5142022Revenue 2023: $286,708Expenses 2023: $431,306Net Income 2023: -$144,5982023Revenue 2024: $315,282Expenses 2024: $279,262Net Income 2024: $36,0202024

Highlighted filing

2016

Revenue$46,694
Expenses$44,748
Net Income$1,946
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 31, 2017
Return Version
2016v3.0
Gross Receipts
$46,694
Mission and Program Overview

Mission

Beacon of Hope's mission is to provide food, clean clothing, a warm place to recover from the elements during the winter months, life skills training ofr rising back above life, therefore stimulating community development and growth by unlocking potential through knowledge thereby "Changing Lives ONE Heart at a Time".

Program Services

DescriptionGrantsExpenses
In connection with their mission Beacon of Hope (Beacon) distributed food free of charge to those in need. During the year over 3,000 individuals and/or families was provided on a monthly basis. In addition Beacon provided donated clothing to individuals and/or families in need. Also Beacon provided free of charge Life Skills Training courses to those desiring to obtain employment, gain financial freedom learn how to parent, etc. These courses are in 4-6 week intervals and run fro April thru October.$36,246-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Torrence TrappierPresident-$0--
Darlene TrappierVP & Exec Director-$0--
Claudia AdamsTreasurer-$0--
Deborah BurgessTrustee-$0--
Lazette Gibson TuckerTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Beacon of Hope Inc
EIN
27-1612632
Phone
6092886517
Address
4 Mill Street Unit 1, Mt Holly, NJ 08060

Signing Officer

Name
Darlene Trappier
Title
VP & Exec Director
Signed
2017-07-31
Discuss with paid preparer
Yes

Preparer

Firm
Ditmars Perazza & Co LLP
Address
12 Oak Tree Court, Westampton, NJ 08060
Preparer
Kenneth M Ditmars
Phone
6092658698
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $1547

Other Expenses.1012

Insurance $1816

Other Expenses.1

Food $2532

Other Expenses.2

Code Blue $2190

Other Expenses.3

Licenses $955

Other Expenses.4

Equipment rental $543

Other Expenses.5

Maintenance $537

Other Expenses.7

Other $190

Other Expenses.8

Bank fees $165

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1064

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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/ReturnTs02017-07-31T11:53:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings