Civic Intelligence

Raise Hope Foundation Inc

990EZ • Fiscal year 2015 • EIN 27-2461923

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

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

6.76x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

1.92x

Higher debt load relative to revenue than 97% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

95th percentile

66%

Higher net margin than 95% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

11th percentile

-39%

Faster asset growth than 11% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

4th percentile

-81%

Faster revenue growth than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$5,396

Down $3,509 (-39%) from 2014

Net Assets

Up

-$31,104

Up $12,491 (+29%) from 2014

Liabilities

Down

$36,500

Down $16,000 (-30%) from 2014

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin95th percentile

Revenue

Down

$19,040

Down $79,279 (-81%) from 2014

Expenses

Down

$6,549

Down $140,639 (-96%) from 2014

Net Income

Up

$12,491

Up $61,360 (+126%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth11th 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

2015

Assets$5,396
Liabilities$36,500
Net Assets-$31,104
Open 2015 Filing

Operations Trend

Revenue Growth4th 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

2015

Revenue$19,040
Expenses$6,549
Net Income$12,491
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.0
Gross Receipts
$19,040
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.$4,149-
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT CHESNEYTrusteePT$0--
BRIAN ROGERSTrusteePT$0--
MICHAEL TESTATrusteePT$0--
ANTHONY CLANDRATrusteePT$0--
FRANK CALABRESETrusteePT$0--
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
2016-11-15
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.1

“Outsourced training $4000”

Other Expenses.2

“BANK CHARGES $2339”

Other Expenses.3

“PROGRAM COSTS $149”

Other Expenses.4

“OFFICE SUPPLIES $61”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $52500 Unsecured Notes and Loans Payable - Ending $36500”

Raw XML Appendix145 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
IRS990EZ/BooksInCareOfDetail/PhoneNum09737444022
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 BROADACRES DRIVE SUITE 150
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BLOOMFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007003
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08905
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IRS990EZ/ContributionsGiftsGrantsEtcAmt019040
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012491
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08905
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05396
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt019040
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-43595
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-31104
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-43595
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-31104
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
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/OtherExpensesTotalAmt06549
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DEVELOPMENT OF CLASS CURRICULUM AND OPERATION OF FINANCIAL CAREER PLANNING AND WORK-LIFE BALANCE PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04149
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt052500
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt036500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt06549
IRS990EZ/TotalProgramServiceExpensesAmt04149
IRS990EZ/TotalRevenueAmt019040
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt019040
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt091908
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0106602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt055374
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt014821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0287745
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0287745
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt019040
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt091908
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0106602
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt055374
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt014821
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0287745
IRS990ScheduleA/TotalSupportAmt0287745
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUTSOURCED TRAINING $4000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK CHARGES $2339
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROGRAM COSTS $149
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICE SUPPLIES $61
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Unsecured Notes and Loans Payable - Beginning $52500 Unsecured Notes and Loans Payable - Ending $36500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Total Liabilities.1008
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT CHESNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
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/ReturnTs02016-11-15T16:39:22-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,396
Liabilities
$36,500
Net assets
-$31,104
Revenue
$19,040
Expenses
$6,549
Net income
$12,491
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