Civic Intelligence

Project New Hope Inc.

990 • Fiscal year 2020 • EIN 27-4555998

Jan 01, 2020 to Dec 31, 2020 • Filed on May 14, 2021

70 James Street Suite 157Worcester, MA 01603

(508) 713-3362

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

77th percentile

29%

Higher net margin than 77% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

68th percentile

22%

Faster asset growth than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

-11%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$300,347

Up $53,148 (+22%) from 2019

Net Assets

Up

$300,347

Up $53,148 (+22%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$269,079

Down $34,378 (-11%) from 2019

Expenses

Down

$192,028

Down $50,139 (-21%) from 2019

Net Income

Up

$77,051

Up $15,761 (+26%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $69,597Liabilities 2013: $0Net Assets 2013: $69,5972013Assets 2014: $69,871Liabilities 2014: $0Net Assets 2014: $69,8712014Assets 2015: $163,974Liabilities 2015: $0Net Assets 2015: $163,9742015Assets 2016: $211,554Liabilities 2016: $0Net Assets 2016: $211,5542016Assets 2017: $177,779Liabilities 2017: $0Net Assets 2017: $177,7792017Assets 2018: $185,909Liabilities 2018: $0Net Assets 2018: $185,9092018Assets 2019: $247,199Liabilities 2019: $0Net Assets 2019: $247,1992019Assets 2020: $300,347Liabilities 2020: $0Net Assets 2020: $300,3472020Assets 2021: $417,074Liabilities 2021: $0Net Assets 2021: $417,0742021Assets 2022: $459,804Liabilities 2022: $0Net Assets 2022: $459,8042022Assets 2023: $509,184Liabilities 2023: $6,300Net Assets 2023: $502,8842023Assets 2024: $632,561Liabilities 2024: $27,346Net Assets 2024: $605,2152024

Highlighted filing

2020

Assets$300,347
Liabilities$0
Net Assets$300,347

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $90,730Expenses 2013: $50,719Net Income 2013: $40,0112013Revenue 2014: $59,835Expenses 2014: $59,561Net Income 2014: $2742014Revenue 2015: $183,452Expenses 2015: $123,972Net Income 2015: $59,4802015Revenue 2016: $168,782Expenses 2016: $121,202Net Income 2016: $47,5802016Revenue 2017: $129,395Expenses 2017: $163,170Net Income 2017: -$33,7752017Revenue 2018: $372,453Expenses 2018: $362,109Net Income 2018: $10,3442018Revenue 2019: $303,457Expenses 2019: $242,167Net Income 2019: $61,2902019Revenue 2020: $269,079Expenses 2020: $192,028Net Income 2020: $77,0512020Revenue 2021: $379,012Expenses 2021: $232,765Net Income 2021: $146,2472021Revenue 2022: $655,648Expenses 2022: $585,384Net Income 2022: $70,2642022Revenue 2023: $670,112Expenses 2023: $649,112Net Income 2023: $21,0002023Revenue 2024: $953,922Expenses 2024: $828,798Net Income 2024: $125,1242024

Highlighted filing

2020

Revenue$269,079
Expenses$192,028
Net Income$77,051
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 14, 2021
Return Version
2020v4.1
Gross Receipts
$359,496
Mission and Program Overview

Mission

To provide combat veterans and their families with education, training, and skills necessary to manage their lives after wartime service.

To provide combat veterans and their families with education, training, and skills neccesary to manage their lives after wartime service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$226,747$213,320▼ $13,427
Cash and Non-Interest-Bearing Accounts$10,190$31,144▲ $20,954
Land, Buildings, and Equipment, Net$848$29,434▲ $28,586
Total Assets$247,199$300,347▲ $53,148
Other Assets Total$9,414$26,449▲ $17,035
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$247,199$287,723▲ $40,524
Net Assets With Donor Restrictions$0$12,624▲ $12,624
Total Net Assets Fund Balance$247,199$300,347▲ $53,148
Total Liabilities and Net Assets / Fund Balance$247,199$300,347▲ $53,148

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$28,946$2,227$31,173
Equipment$488$3,653$4,141
Other Assets Org$26,449--
Other Securities$213,320--
Compensation and Service Providers

Board Members and Trustees

NameTitle
William MoorePresident
Anne TreadwellDirector
Donna MooreDirector
Jeff BerthiaumeDirector
Nick TreadwellDirector
Tammy BerthiaumeDirector
Tom StewartDirector
Robyn CoonsAssistant Treasurer
Carlos O Ramos RiveraSecretary
Richard CehonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$258,675
Program Service Revenue
$0
Investment Income
$5,948
Other Revenue
$4,456
All Other Contributions
$258,675
Change in Net Assets
$77,051

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$26,528Fair Market Value (FMV)
Other Non Cash Contri Table$12,695Fair Market Value (FMV)
Total Noncash Contributions$39,223-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$151,505
Salaries, Compensation, and Employee Benefits$40,523
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$24,088$12,432-$36,520
Occupancy$26,061$2,896-$28,957
Office Expenses$17,704$11,251-$28,955
Advertising$15,755--$15,755
Travel$11,757--$11,757
Fees for Services Accounting-$8,550-$8,550
All Other Expenses$5,268$2,110-$7,378
Other Expenses$5,989$665-$6,654
Insurance$4,595$411-$5,006
Payroll Taxes$2,642$1,361-$4,003
Depreciation Depletion$2,227$360-$2,587
Payment Travel Entrtnmnt Publicly Ofcl-$808-$808
Total Functional Expenses$142,559$49,469$0$192,028
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,645
Fundraising Direct Expenses$12,189
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The wife of the board president is a board director. There are four other directors on the board of directors who are also related, two sets of family members.

Form 990, Part VI, Section B, Line 11B

The board of directors is provided a copy of the 990 to review before filing of the tax return.

Form 990, Part VI, Section C, Line 19

The organization furnishes copies of financial statements and related tax forms upon request. They are also available on the internet.

Filing and Contact Details

Filer

Filer Name
Project New Hope Inc
EIN
27-4555998
Phone
5087133362
Address
70 JAMES STREET SUITE 157, WORCESTER, MA 01603

Signing Officer

Name
William H Moore
Title
President
Phone
5087133362
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William H Moore
Formed
2011
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
11
Volunteers
44

Preparer

Firm
O'CONNOR MALONEY & CO CPA'S
Address
1 MERCANTILE STREET SUITE 760, WORCESTER, MA 01608
Preparer
Steven a Thebodo
Phone
5087576391
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

Organization uses modified cash basis method of accounting.

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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt096539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0144506
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0904049
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06002
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02712
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02399
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0560
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt019007
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97940
IRS990ScheduleA/PublicSupportPY170Pct00.98440
IRS990ScheduleA/PublicSupportTotal170Amt0904049
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0219452
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0254101
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0189451
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt096539
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0144506
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0904049
IRS990ScheduleA/TotalSupportAmt0923056
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0488
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03653
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04141
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt026449
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVENTORY
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt028946
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02227
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031173
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0213320
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MERRILL LYNCH
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029434
IRS990ScheduleD/TotalBookValueOtherAssetsAmt026449
IRS990ScheduleD/TotalBookValueSecuritiesAmt0213320
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt10
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SUPPLIES/MATERIALS/FACILITIES
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1INVENTORY
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt026528
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt112695
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE WIFE OF THE BOARD PRESIDENT IS A BOARD DIRECTOR. THERE ARE FOUR OTHER DIRECTORS ON THE BOARD OF DIRECTORS WHO ARE ALSO RELATED, TWO SETS OF FAMILY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE 990 TO REVIEW BEFORE FILING OF THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION FURNISHES COPIES OF FINANCIAL STATEMENTS AND RELATED TAX FORMS UPON REQUEST. THEY ARE ALSO AVAILABLE ON THE INTERNET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION USES MODIFIED CASH BASIS METHOD OF ACCOUNTING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 1:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0247199
IRS990/TotalAssetsEOYAmt0300347
IRS990/TotalAssetsGrp/BOYAmt0247199
IRS990/TotalAssetsGrp/EOYAmt0300347
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0258675
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt049469
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0142559
IRS990/TotalFunctionalExpensesGrp/TotalAmt0192028
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0247199
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0300347
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0142559
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt010404
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0269079
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt044
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0247199
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0300347
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt011757
IRS990/TravelGrp/TotalAmt011757
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt070 JAMES STREET SUITE 157
IRS990/USAddress/CityNm0WORCESTER
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001603
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.PROJECTNEWHOPEMA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1

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