Civic Intelligence

Advent Hope Ventures Inc.

990EZ • Fiscal year 2020 • EIN 27-3773953

Jan 01, 2020 to Dec 31, 2020 • Filed on May 28, 2021

111 E 87th StreetNew York, NY 10128

(317) 979-8651

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 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

13th percentile

-18%

Higher net margin than 13% of similar nonprofits.

2020 filings • NTEE K • <$500k nonprofits • Source year 2020

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2020 filings • NTEE K • <$500k nonprofits • Source year 2020

Asset Growth

2nd percentile

-70%

Faster asset growth than 2% of similar nonprofits.

2020 filings • NTEE K • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

79%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • NTEE K • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$5,794

Down $13,401 (-70%) from 2019

Net Assets

Down

$5,794

Down $13,401 (-70%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$76,085

Up $33,499 (+79%) from 2019

Expenses

Up

$89,486

Up $58,443 (+188%) from 2019

Net Income

Down

-$13,401

Down $24,944 (-216%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2019: $19,195Net Assets 2019: $19,1952019Assets 2020: $5,794Net Assets 2020: $5,7942020Assets 2021: $60,103Net Assets 2021: $60,1032021Assets 2022: $110,895Liabilities 2022: $47Net Assets 2022: $110,8482022Assets 2023: $65,151Liabilities 2023: $0Net Assets 2023: $65,1512023Assets 2024: $29,765Liabilities 2024: $0Net Assets 2024: $29,7652024

Highlighted filing

2020

Assets$5,794
Liabilities-
Net Assets$5,794

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $42,586Expenses 2019: $31,043Net Income 2019: $11,5432019Revenue 2020: $76,085Expenses 2020: $89,486Net Income 2020: -$13,4012020Revenue 2021: $88,872Expenses 2021: $34,563Net Income 2021: $54,3092021Revenue 2022: $266,185Expenses 2022: $215,440Net Income 2022: $50,7452022Revenue 2023: $226,145Expenses 2023: $271,842Net Income 2023: -$45,6972023Revenue 2024: $204,958Expenses 2024: $240,344Net Income 2024: -$35,3862024

Highlighted filing

2020

Revenue$76,085
Expenses$89,486
Net Income-$13,401
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 28, 2021
Return Version
2020v4.1
Gross Receipts
$76,085
Mission and Program Overview

Mission

Outreach Ministry

Program Services

DescriptionGrantsExpenses
Raised funds for a kitchen at Church of the Advent Hope to provide healthy meals and nutrition education, raised funds to launch a kids art center in Chicago, and developed plans and secured funding for a collegiate ministry in NY$50,000$61,275
We facilitate peer-based opportunities for Adventists engaged in urban ministry to connect, resource, and encourage one another in a community where everyone is a student and a teacher. 55 persons benefited in 2020.-$11,275
Imagine Faith is an in-person and online community based in Southern California designed to connect, support, and empower Christian artists and entrepreneurs in their faith development and service to their broader communities.-$11,275
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
K Todd StoutPresident-$0--
Alex EspanaSecretary-$0--
Greg KingDirector-$0--
Filing and Contact Details

Filer

Filer Name
Advent Hope Ventures Inc
EIN
27-3773953
Phone
3179798651
Address
111 E 87th Street, New York, NY 10128

Signing Officer

Name
K Todd Stout
Title
President
Signed
2021-05-28
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Group Inc
Address
1321 Murfreesboro Pike Ste 610, Nashville, TN 37217
Preparer
William G McRay
Phone
6153619445
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10, Grants Paid

Activity , Grantee Church of Advent Hope 111 E 87th Street New York NY 10128, Cash Grant 50,000, Relationship

Form 990-EZ, Part I, Line 16, Other Expenses

Travel 1,272

Form 990-EZ, Part I, Line 16, Other Expenses

Meals and entertainment 625

Form 990-EZ, Part I, Line 16, Other Expenses

Conferences, conventions, and meetings 3,215

Form 990-EZ, Part I, Line 16, Other Expenses

Advertising Promotion 2,271

Form 990-EZ, Part I, Line 16, Other Expenses

Bank Service Charges 986

Form 990-EZ, Part I, Line 16, Other Expenses

Books, Subscriptions, References 10

Form 990-EZ, Part I, Line 16, Other Expenses

Information Technology 174

Form 990-EZ, Part I, Line 16, Other Expenses

Licenses, Fees, Dues 584

Form 990-EZ, Part I, Line 16, Other Expenses

Program Supplies 39

Raw XML Appendix149 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/BooksInCareOfDetail/USAddress/CityNm0Nashville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037214
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Alex Espana
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Greg King
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IRS990EZ/OtherExpensesTotalAmt09176
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IRS990EZ/PrimaryExemptPurposeTxt0Outreach Ministry
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We facilitate peer-based opportunities for Adventists engaged in urban ministry to connect, resource, and encourage one another in a community where everyone is a student and a teacher. 55 persons benefited in 2020.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Imagine Faith is an in-person and online community based in Southern California designed to connect, support, and empower Christian artists and entrepreneurs in their faith development and service to their broader communities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Raised funds for a kitchen at Church of the Advent Hope to provide healthy meals and nutrition education, raised funds to launch a kids art center in Chicago, and developed plans and secured funding for a collegiate ministry in NY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011275
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt111275
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt261275
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IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TotalExpensesAmt089486
IRS990EZ/TotalProgramServiceExpensesAmt083825
IRS990EZ/TotalRevenueAmt076085
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https//www.adventhopeventures.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt076085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt042586
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt015017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0133688
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt076085
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt042586
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0133688
IRS990ScheduleA/TotalSupportAmt0133688
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity , Grantee Church of Advent Hope 111 E 87th Street New York NY 10128, Cash Grant 50,000, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel 1,272
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Meals and entertainment 625
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, conventions, and meetings 3,215
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Advertising Promotion 2,271
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Service Charges 986
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Books, Subscriptions, References 10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Information Technology 174
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Licenses, Fees, Dues 584
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Program Supplies 39
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-28
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ReturnHeader/Filer/EIN0273773953
ReturnHeader/Filer/PhoneNum03179798651
ReturnHeader/Filer/USAddress/AddressLine1Txt0111 E 87th Street
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01321 Murfreesboro Pike Ste 610
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ReturnHeader/PreparerPersonGrp/PhoneNum06153619445
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William G McRay
ReturnHeader/ReturnTs02021-05-28T10:00:26-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0K Todd
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Stout
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings