Civic Intelligence

Advent Hope Ventures Inc.

990EZ • Fiscal year 2021 • EIN 27-3773953

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 16, 2022

Organization Profilehttps//www.adventhopeventures.org
111 E 87th StreetNew York, NY 10128

(212) 534-8245

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

90th percentile

61%

Higher net margin than 90% of similar nonprofits.

2021 filings • NTEE K • <$500k nonprofits • Source year 2021

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.

2021 filings • NTEE K • <$500k nonprofits • Source year 2021

Asset Growth

99th percentile

937%

Faster asset growth than 99% of similar nonprofits.

2021 filings • NTEE K • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

67th percentile

17%

Faster revenue growth than 67% of similar nonprofits.

2021 filings • NTEE K • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$60,103

Up $54,309 (+937%) from 2020

Net Assets

Up

$60,103

Up $54,309 (+937%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin90th percentile

Revenue

Up

$88,872

Up $12,787 (+17%) from 2020

Expenses

Down

$34,563

Down $54,923 (-61%) from 2020

Net Income

Up

$54,309

Up $67,710 (+505%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

2021

Assets$60,103
Liabilities-
Net Assets$60,103
Open 2021 Filing

Operations Trend

Revenue Growth67th percentile

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

2021

Revenue$88,872
Expenses$34,563
Net Income$54,309
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 16, 2022
Return Version
2021v4.2
Gross Receipts
$88,872
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-$21,095
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.-$12,316
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.-$3,884
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth StoutPresident-$0--
Alex EspanaSecretary-$0--
Greg KingTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Advent Hope Ventures Inc
EIN
27-3773953
Phone
2125348245
Address
111 E 87th Street, New York, NY 10128

Signing Officer

Name
Kenneth T Stout
Title
President
Phone
2125348245
Signed
2022-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Group Inc
Address
2451 Atrium Way Suite 300, Nashville, TN 37214
Preparer
Shannon M Evans EA
Phone
6153619445
Supplemental Narrative

Additional Explanations

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

“Travel 9,265”

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

“Meals and entertainment 2,410”

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

“Advertising Promotion 103”

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

“Venue Rental 3,662”

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

“Speaker Honorariums 100”

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

“Information Technology 1,448”

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

“Licenses, Fees, Dues 180”

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

“Merchant Processing Fees 193”

Raw XML Appendix151 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Foundation Group Inc
IRS990EZ/BooksInCareOfDetail/PhoneNum06153619445
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02451 Atrium Way Suite 300
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Nashville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037214
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05794
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt060103
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt088872
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt054309
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt017199
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05794
IRS990EZ/Form990TotalAssetsGrp/EOYAmt060103
IRS990EZ/GrossReceiptsAmt088872
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05794
IRS990EZ/NetAssetsOrFundBalancesEOYAmt060103
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05794
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt060103
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kenneth Stout
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Alex Espana
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Greg King
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt017361
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Outreach Ministry
IRS990EZ/PrintingPublicationsPostageAmt03
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.
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/ProgramServiceExpensesAmt012316
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt13884
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt221095
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/StatesWhereCopyOfReturnIsFldCd1CT
IRS990EZ/StatesWhereCopyOfReturnIsFldCd2MD
IRS990EZ/StatesWhereCopyOfReturnIsFldCd3NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt034563
IRS990EZ/TotalProgramServiceExpensesAmt037295
IRS990EZ/TotalRevenueAmt088872
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https//www.adventhopeventures.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt088872
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt076085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt042586
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt015017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0222560
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79290
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0176462
IRS990ScheduleA/SubstantialContributorsTotAmt046098
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt088872
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt076085
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt042586
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt015017
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0222560
IRS990ScheduleA/TotalSupportAmt0222560
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/ExplanationTxt0Travel 9,265
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meals and entertainment 2,410
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Advertising Promotion 103
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Venue Rental 3,662
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Speaker Honorariums 100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Information Technology 1,448
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Licenses, Fees, Dues 180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Merchant Processing Fees 193
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
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
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kenneth T Stout
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02125348245
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Advent Hope Ventures Inc
ReturnHeader/Filer/BusinessNameControlTxt0ADVE
ReturnHeader/Filer/EIN0273773953
ReturnHeader/Filer/PhoneNum02125348245
ReturnHeader/Filer/USAddress/AddressLine1Txt0111 E 87th Street
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010128
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621813735
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Group Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02451 Atrium Way Suite 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Nashville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037214
ReturnHeader/PreparerPersonGrp/PhoneNum06153619445
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Shannon M Evans EA
ReturnHeader/ReturnTs02022-11-16T12:03:43-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kenneth T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Stout
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$60,103
Liabilities
-
Net assets
$60,103
Revenue
$88,872
Expenses
$34,563
Net income
$54,309
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.00$0.30$2.05$2.40$0.35
2023Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$2.26$2.72$0.46
2022Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$2.66$2.15$0.51
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.60$0.89$0.35$0.54
2020Detailed filing. Detailed filing data is available for this year.$0.06$0.06$0.76$0.89$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.19$0.43$0.31$0.12