Civic Intelligence

Raise Hope Foundation Inc

990EZ • Fiscal year 2014 • EIN 27-2461923

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

Organization ProfileN/A
21 Laurel CourtVerona, NJ 07044

(973) 857-5000

Siviq Scores

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

Liabilities / Assets

99th percentile

5.90x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

92nd percentile

0.53x

Higher debt load relative to revenue than 92% of similar nonprofits.

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

Net Margin

8th percentile

-50%

Higher net margin than 8% of similar nonprofits.

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

Top Officer Pay

89th percentile

$40,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 40.7% of source-year revenue.

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

Asset Growth

88th percentile

69%

Faster asset growth than 88% of similar nonprofits.

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

Revenue Growth

19th percentile

-25%

Faster revenue growth than 19% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$8,905

Up $3,631 (+69%) from 2013

Net Assets

Down

-$43,595

Down $48,869 (-927%) from 2013

Liabilities

$52,500

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin8th percentile

Revenue

Down

$98,319

Down $32,991 (-25%) from 2013

Expenses

Up

$147,188

Up $11,212 (+8.2%) from 2013

Net Income

Down

-$48,869

Down $44,203 (-947%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$100K$50K$0-$50KAssets 2012: $9,940Net Assets 2012: $9,9402012Assets 2013: $5,274Net Assets 2013: $5,2742013Assets 2014: $8,905Liabilities 2014: $52,500Net Assets 2014: -$43,5952014Assets 2015: $5,396Liabilities 2015: $36,500Net Assets 2015: -$31,1042015Assets 2016: $6,831Liabilities 2016: $37,494Net Assets 2016: -$30,6632016

Highlighted filing

2014

Assets$8,905
Liabilities$52,500
Net Assets-$43,595
Open 2014 Filing

Operations Trend

Revenue Growth19th percentile

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

$150K$100K$50K$0-$50KRevenue 2012: $59,024Expenses 2012: $50,227Net Income 2012: $8,7972012Revenue 2013: $131,310Expenses 2013: $135,976Net Income 2013: -$4,6662013Revenue 2014: $98,319Expenses 2014: $147,188Net Income 2014: -$48,8692014Revenue 2015: $19,040Expenses 2015: $6,549Net Income 2015: $12,4912015Revenue 2016: $2,089Expenses 2016: $1,648Net Income 2016: $4412016

Highlighted filing

2014

Revenue$98,319
Expenses$147,188
Net Income-$48,869
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$112,911
Mission and Program Overview

Mission

The mission of the organization is to train, mentor, and place people with disabilities and military veterans in competitive careers in financial services.

Program Services

DescriptionGrantsExpenses
DEVELOPMENT OF CLASS CURRICULUM AND OPERATION OF FINANCIAL CAREER PLANNING AND WORK-LIFE BALANCE PROGRAM.$89,609-
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT CHESNEYTrusteePT$40,000-$40,000
BRIAN ROGERSTrusteePT$0--
MICHAEL TESTATrusteePT$0--
ANTHONY CLANDRATrusteePT$0--
FRANK CALABRESETrusteePT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$47,702$47,702$14,592$33,110
Total Events$47,702$47,702$14,592$33,110
Filing and Contact Details

Filer

Filer Name
Raise Hope Foundation Inc
EIN
27-2461923
Phone
9738575000
Address
21 LAUREL COURT, VERONA, NJ 07044

Signing Officer

Name
Scott Chesney
Title
President
Signed
2015-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Fortunato & Pirrello LLC
Address
300 BROADACRES DR Ste 150, BLOOMFIELD, NJ 07003
Preparer
Joseph P Pirrello
Phone
9737444022
Supplemental Narrative

Additional Explanations

Other Expenses.1008

“Interest $2500”

Other Expenses.1012

“Insurance $291”

Other Expenses.1

“Program class sessions $44000”

Other Expenses.2

“Outsourced training $38500”

Other Expenses.3

“Grant writing costs $13500”

Other Expenses.4

“PROGRAM COSTS $7109”

Other Expenses.5

“OFFICE SUPPLIES $583”

Other Expenses.6

“BANK CHARGES $393”

Other Expenses.7

“Conferencing communications $243”

Other Expenses.8

“POSTAGE & DELIVERY $69”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $52500”

Raw XML Appendix167 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0JOSEPH P PIRRELLO CPA
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BLOOMFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007003
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05274
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SCOTT CHESNEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRIAN ROGERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHAEL TESTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANTHONY CLANDRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4FRANK CALABRESE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0107188
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE ORGANIZATION IS TO TRAIN, MENTOR, AND PLACE PEOPLE WITH DISABILITIES AND MILITARY VETERANS IN COMPETITIVE CAREERS IN FINANCIAL SERVICES.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt089609
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt033110
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt052500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0147188
IRS990EZ/TotalProgramServiceExpensesAmt089609
IRS990EZ/TotalRevenueAmt098319
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt091908
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0106602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt055374
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt014821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt08000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0276705
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt091908
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0106602
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0276705
IRS990ScheduleA/TotalSupportAmt0276705
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt047702
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt047702
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt014592
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Interest $2500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $291
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROGRAM CLASS SESSIONS $44000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUTSOURCED TRAINING $38500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GRANT WRITING COSTS $13500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROGRAM COSTS $7109
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICE SUPPLIES $583
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BANK CHARGES $393
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CONFERENCING COMMUNICATIONS $243
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9POSTAGE & DELIVERY $69
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $52500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1008
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT CHESNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAISE HOPE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0RAIS
ReturnHeader/Filer/EIN0272461923
ReturnHeader/Filer/PhoneNum09738575000
ReturnHeader/Filer/USAddress/AddressLine1Txt021 LAUREL COURT
ReturnHeader/Filer/USAddress/CityNm0VERONA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007044
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FORTUNATO & PIRRELLO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 BROADACRES DR Ste 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLOOMFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007003
ReturnHeader/PreparerPersonGrp/PhoneNum09737444022
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph P Pirrello
ReturnHeader/ReturnTs02015-11-16T07:20:58-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,905
Liabilities
$52,500
Net assets
-$43,595
Revenue
$98,319
Expenses
$147,188
Net income
-$48,869
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.07$0.37$0.31$0.02$0.02$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.37$0.31$0.19$0.07$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.53$0.44$0.98$1.47$0.49
2013Detailed filing. Detailed filing data is available for this year.$0.05$0.05$1.31$1.36$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.10$0.59$0.50$0.09