Civic Intelligence

Ragan'S Hope Ministries

990EZ • Fiscal year 2019 • EIN 27-4066688

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 27, 2020

PO Box 192705Dallas, TX 75219

(214) 549-1164

Siviq Scores

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

Liabilities / Assets

98th percentile

2.78x

Higher debt load relative to assets than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

0.20x

Higher debt load relative to revenue than 88% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Assets

Up

$7,490

Up $4,071 (+119%) from 2014

Net Assets

Down

-$13,306

Down $5,373 (-68%) from 2014

Liabilities

Up

$20,796

Up $9,444 (+83%) from 2014

Revenue

Down

$102,108

Down $452,731 (-82%) from 2014

Expenses

Down

$84,544

Down $477,933 (-85%) from 2014

Net Income

Up

$17,564

Up $25,202 (+330%) from 2014

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0-$10K-$20KAssets 2013: -$2,387Liabilities 2013: $18Net Assets 2013: -$2,4052013Assets 2014: $3,419Liabilities 2014: $11,352Net Assets 2014: -$7,9332014Assets 2019: $7,490Liabilities 2019: $20,796Net Assets 2019: -$13,3062019Assets 2020: $11,767Liabilities 2020: $16,529Net Assets 2020: -$4,7622020Assets 2021: $6,408Liabilities 2021: $12,622Net Assets 2021: -$6,2142021Assets 2022: $2,207Liabilities 2022: $11,364Net Assets 2022: -$9,1572022Assets 2023: $3,085Liabilities 2023: $11,340Net Assets 2023: -$8,2552023

Highlighted filing

2019

Assets$7,490
Liabilities$20,796
Net Assets-$13,306

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $293,914Expenses 2013: $300,253Net Income 2013: -$6,3392013Revenue 2014: $554,839Expenses 2014: $562,477Net Income 2014: -$7,6382014Revenue 2019: $102,108Expenses 2019: $84,544Net Income 2019: $17,5642019Revenue 2020: $100,247Expenses 2020: $91,703Net Income 2020: $8,5442020Revenue 2021: $114,186Expenses 2021: $115,640Net Income 2021: -$1,4542021Revenue 2022: $171,998Expenses 2022: $174,940Net Income 2022: -$2,9422022Revenue 2023: $178,620Expenses 2023: $177,719Net Income 2023: $9012023

Highlighted filing

2019

Revenue$102,108
Expenses$84,544
Net Income$17,564
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 27, 2020
Return Version
2019v5.0
Gross Receipts
$102,108
Mission and Program Overview

Mission

To help support families with children enduring medical situations

Program Services

DescriptionGrantsExpenses
IN 2019, RAGAN'S HOPE MINISTRIES PROVIDED FINANCIAL ASSISTANCE & OTHER SUPPORT TO 544 FAMILIES WHO SPENT MORE TIME IN A HOSPITAL WAITING ROOM THAN THEIR OWN HOME, INCLUDING: MEALS, HOSPITAL PARKING PASSES, RENT & UTILITY PAYMENTS,FUNERAL ASSISTANCE, TRANSPORTATION AND HOME MAINTENANCE ASSISTANCE, AND ENCOURAGEMENT THROUGH PRAYER AND THOUGHTFUL NOTES. THE ORGANIZATION ALSO HOSTS AN EVENT CALLED NIGHT OF SUPERSTAR (NOS) WHERE CHILDREN WITH ILLNESSES AND THEIR FAMILIES WERE TREATED TO SUPERSTAR TREATMENT. THIS INCLUDED RED CARPET TREATMENT, MAKEOVERS, NEW CLOTHES AND A NICE DINNER WITH ENTERTAINMENT.$28,470$50,648
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DELENA STUART WATSONPresident/DiPT$0--
MARTHA BELLOMYSecretary/Di-$0--
RANDY WALDRUMDirector-$0--
SCOTT HUBERTreasurer/Di-$0--
Filing and Contact Details

Filer

Filer Name
RAGAN'S HOPE MINISTRIES
EIN
27-4066688
Phone
2145491164
Address
PO BOX 192705, DALLAS, TX 75219

Signing Officer

Name
Delena Stuart Watson
Title
President/director
Phone
2145491164
Signed
2020-07-27
Discuss with paid preparer
Yes

Preparer

Firm
Sommerville & Associates Pc
Address
3030 MATLOCK RD STE 201, ARLINGTON, TX 76015-2936
Preparer
Elaine L Sommerville CPA
Phone
8177955046
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Class of activity: benevolence cash contribution: 28,470 relationship: none

Form 990-ez, Part I, Line 16

Expenses office expenses 2,766 technology 327 mother's day event 1,186 meals 410 penalties 15,599 other 1,371 non-investment depreciation 369 total 22,028

Form 990-ez, Part II, Line 24

Laptop 0 2,765 less accumulated depreciation 0 369 total 0 2,396

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 32,156 16,892 loans from officers 3,904 3,904

Form 990-ez, Part III, Line 28

In 2019, ragan's hope ministries provided financial assistance & other support to 544 families who spent more time in a hospital waiting room than their own home, including: meals, hospital parking passes, rent & utility payments,funeral assistance, transportation and home maintenance assistance, and encouragement through prayer and thoughtful notes. The organization also hosts an event called night of superstar (nos) where children with illnesses and their families were treated to superstar treatment. This included red carpet treatment, makeovers, new clothes and a nice dinner with entertainment.

Raw XML Appendix161 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE EXPENSES 2,766 TECHNOLOGY 327 MOTHER'S DAY EVENT 1,186 MEALS 410 PENALTIES 15,599 OTHER 1,371 NON-INVESTMENT DEPRECIATION 369 TOTAL 22,028
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 32,156 16,892 LOANS FROM OFFICERS 3,904 3,904
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN 2019, RAGAN'S HOPE MINISTRIES PROVIDED FINANCIAL ASSISTANCE & OTHER SUPPORT TO 544 FAMILIES WHO SPENT MORE TIME IN A HOSPITAL WAITING ROOM THAN THEIR OWN HOME, INCLUDING: MEALS, HOSPITAL PARKING PASSES, RENT & UTILITY PAYMENTS,FUNERAL ASSISTANCE, TRANSPORTATION AND HOME MAINTENANCE ASSISTANCE, AND ENCOURAGEMENT THROUGH PRAYER AND THOUGHTFUL NOTES. THE ORGANIZATION ALSO HOSTS AN EVENT CALLED NIGHT OF SUPERSTAR (NOS) WHERE CHILDREN WITH ILLNESSES AND THEIR FAMILIES WERE TREATED TO SUPERSTAR TREATMENT. THIS INCLUDED RED CARPET TREATMENT, MAKEOVERS, NEW CLOTHES AND A NICE DINNER WITH ENTERTAINMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/BusinessOfficerGrp/PhoneNum02145491164
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ReturnHeader/Filer/PhoneNum02145491164
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0760152936
ReturnHeader/PreparerPersonGrp/PhoneNum08177955046
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELAINE L SOMMERVILLE CPA
ReturnHeader/ReturnTs02020-07-28T15:57:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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