Civic Intelligence

Radiating Hope Inc.

990 • Fiscal year 2023 • EIN 27-5005906

Jan 01, 2023 to Dec 31, 2023 • Filed on May 03, 2024

PO Box 521344Salt Lake City, UT 84106

(801) 879-2591

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

96th percentile

76%

Higher net margin than 96% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

98th percentile

482%

Faster asset growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

95th percentile

195%

Faster revenue growth than 95% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$827,083

Up $684,860 (+482%) from 2022

Net Assets

Up

$827,083

Up $684,860 (+482%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$906,855

Up $599,939 (+195%) from 2022

Expenses

Down

$221,995

Down $173,380 (-44%) from 2022

Net Income

Up

$684,860

Up $773,319 (+874%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $282,792Liabilities 2015: $0Net Assets 2015: $282,7922015Assets 2016: $45,629Liabilities 2016: $0Net Assets 2016: $45,6292016Assets 2017: $155,423Liabilities 2017: $0Net Assets 2017: $155,4232017Assets 2018: $38,395Liabilities 2018: $0Net Assets 2018: $38,3952018Assets 2019: $16,241Liabilities 2019: $0Net Assets 2019: $16,2412019Assets 2020: $62,591Liabilities 2020: $0Net Assets 2020: $62,5912020Assets 2021: $230,682Liabilities 2021: $0Net Assets 2021: $230,6822021Assets 2022: $142,223Liabilities 2022: $0Net Assets 2022: $142,2232022Assets 2023: $827,083Liabilities 2023: $0Net Assets 2023: $827,0832023Assets 2024: $262,174Liabilities 2024: $0Net Assets 2024: $262,1742024

Highlighted filing

2023

Assets$827,083
Liabilities$0
Net Assets$827,083

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2015: $552,940Expenses 2015: $390,590Net Income 2015: $162,3502015Revenue 2016: $1,743,494Expenses 2016: $1,980,657Net Income 2016: -$237,1632016Revenue 2017: $1,624,592Expenses 2017: $1,514,798Net Income 2017: $109,7942017Revenue 2018: $512,290Expenses 2018: $629,318Net Income 2018: -$117,0282018Revenue 2019: $1,629,770Expenses 2019: $1,651,924Net Income 2019: -$22,1542019Revenue 2020: $263,697Expenses 2020: $217,347Net Income 2020: $46,3502020Revenue 2021: $348,705Expenses 2021: $180,614Net Income 2021: $168,0912021Revenue 2022: $306,916Expenses 2022: $395,375Net Income 2022: -$88,4592022Revenue 2023: $906,855Expenses 2023: $221,995Net Income 2023: $684,8602023Revenue 2024: $488,918Expenses 2024: $1,053,827Net Income 2024: -$564,9092024

Highlighted filing

2023

Revenue$906,855
Expenses$221,995
Net Income$684,860
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 3, 2024
Return Version
2023v5.0
Gross Receipts
$906,855
Mission and Program Overview

Mission

Provide radiation equipment to countries where cancer care is hard to find and optimal treatments are sparse.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use-$775,000-
Cash and Non-Interest-Bearing Accounts$135,350$34,762▼ $100,588
Savings and Temporary Cash Investments$6,873$17,321▲ $10,448
Total Assets$142,223$827,083▲ $684,860
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$142,223$827,083▲ $684,860
Total Net Assets Fund Balance$142,223$827,083▲ $684,860
Total Liabilities and Net Assets / Fund Balance$142,223$827,083▲ $684,860
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mira ShahPresident
Adam ShulmanTrustee
Arno MundtTrustee
Ashley CogswellTrustee
Brandon FisherTrustee
Catheryn YasharTrustee
John EinckTrustee
Larry DaughertyTrustee
Matt GossTrustee
Peter SandwallTrustee
Ron DigiaimoTrustee
Tracy SherertzTrustee
Thomas LaddExecutive Di
Tosh RymerTreasurer
Wayne JenkinsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$906,756
Program Service Revenue
$0
Investment Income
$99
Other Revenue
$0
All Other Contributions
$906,756
Change in Net Assets
$684,860

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Drugs and Medical Supplies3$775,000Cancer Medical Equipment
Total Noncash Contributions3$775,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$221,995
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$112,542--$112,542
Fees for Services Management$66,894$22,298-$89,192
Advertising$18,007--$18,007
Fees for Services Accounting-$750-$750
Other Expenses-$370-$370
Travel$8--$8
Total Functional Expenses$197,451$24,544$0$221,995
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

Thomas ladd 3765 five farms rd jacksonville, fl 32225

Form 990, Page 6, Part VI, Line 11B

Post filing, the board will review and approve the form 990.

Form 990, Page 6, Part VI, Line 19

The organization makes availabe these documents upon request.

Filing and Contact Details

Filer

Filer Name
Radiating Hope Inc
EIN
27-5005906
Phone
8018792591
Address
PO BOX 521344, SALT LAKE CITY, UT 84106

Signing Officer

Name
Thomas Ladd
Title
Executive Director
Phone
9043276622
Signed
2024-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Ladd
Formed
2011
Legal Domicile
Ut
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
300

Preparer

Firm
Newsom and Associates Pa
Address
12740 ATLANTIC BLVD STE 7, JACKSONVILLE, FL 32225
Preparer
C Scott Newsom
Phone
9043200572
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers are generally physicians who donate their time to provide medical care to indigent care in foreign countries.

Form 990, Page 2, Part III, Line 4A

Our mission is to provide and update radiation equipment to developing countries. Radiating hope is a nonprofit 501(c)(3) organization founded by radiation oncologists and mountain climbers wanting to help cancer patients around the world, our goal is to raise money to provide and update radiation equipment in countries where radiation therapy and cancer care is hard to find, and optimal treatments are sparse. We will create sustainable change as we educate communities, preserve cultural values, and build community relationships. We accomplish our mission in four ways: " one way is through our mountain climbing guide services. Climbers raise tax deductible pledges to purchase a climb package. The money raised is used to purchase and update radiation equipment for developing countries. Anyone who is interested, no matter their skill level, can raise money to climb with us. " we also raise money through selling tibetan prayer flags, which have long represented health, strength and hope. Cancer patients and their families can purchase a prayer flag in the patient's honor. Their initials are written on the flags, they receive a certificate, and can receive a framed prayer flag. A designated climbing team carries the flags on their expeditions, flying the flags at the peak. The flags' journey can be seen on our blog. " we seek partnerships with physicians, clinics, and radiation equipment manufacturers that have the resources to donate radiation equipment. " we partner with other non-profit organizations, including the international atomic energy agency (iaea) and asociacion latino americano de terapia radiante oncologia (alatro) in order to locate needs and fill the void. These agencies assist in overseeing that all donations are implemented, managed, money capitalized, and most importantly help maintain the radiation facilities for years to come.

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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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IRS990ScheduleM/DrugsAndMedicalSuppliesGrp/ContributionCnt03
IRS990ScheduleM/DrugsAndMedicalSuppliesGrp/MethodOfDeterminingRevenuesTxt0CANCER MEDICAL EQUIPMENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS ARE GENERALLY PHYSICIANS WHO DONATE THEIR TIME TO PROVIDE MEDICAL CARE TO INDIGENT CARE IN FOREIGN COUNTRIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OUR MISSION IS TO PROVIDE AND UPDATE RADIATION EQUIPMENT TO DEVELOPING COUNTRIES. RADIATING HOPE IS A NONPROFIT 501(C)(3) ORGANIZATION FOUNDED BY RADIATION ONCOLOGISTS AND MOUNTAIN CLIMBERS WANTING TO HELP CANCER PATIENTS AROUND THE WORLD, OUR GOAL IS TO RAISE MONEY TO PROVIDE AND UPDATE RADIATION EQUIPMENT IN COUNTRIES WHERE RADIATION THERAPY AND CANCER CARE IS HARD TO FIND, AND OPTIMAL TREATMENTS ARE SPARSE. WE WILL CREATE SUSTAINABLE CHANGE AS WE EDUCATE COMMUNITIES, PRESERVE CULTURAL VALUES, AND BUILD COMMUNITY RELATIONSHIPS. WE ACCOMPLISH OUR MISSION IN FOUR WAYS: " ONE WAY IS THROUGH OUR MOUNTAIN CLIMBING GUIDE SERVICES. CLIMBERS RAISE TAX DEDUCTIBLE PLEDGES TO PURCHASE A CLIMB PACKAGE. THE MONEY RAISED IS USED TO PURCHASE AND UPDATE RADIATION EQUIPMENT FOR DEVELOPING COUNTRIES. ANYONE WHO IS INTERESTED, NO MATTER THEIR SKILL LEVEL, CAN RAISE MONEY TO CLIMB WITH US. " WE ALSO RAISE MONEY THROUGH SELLING TIBETAN PRAYER FLAGS, WHICH HAVE LONG REPRESENTED HEALTH, STRENGTH AND HOPE. CANCER PATIENTS AND THEIR FAMILIES CAN PURCHASE A PRAYER FLAG IN THE PATIENT'S HONOR. THEIR INITIALS ARE WRITTEN ON THE FLAGS, THEY RECEIVE A CERTIFICATE, AND CAN RECEIVE A FRAMED PRAYER FLAG. A DESIGNATED CLIMBING TEAM CARRIES THE FLAGS ON THEIR EXPEDITIONS, FLYING THE FLAGS AT THE PEAK. THE FLAGS' JOURNEY CAN BE SEEN ON OUR BLOG. " WE SEEK PARTNERSHIPS WITH PHYSICIANS, CLINICS, AND RADIATION EQUIPMENT MANUFACTURERS THAT HAVE THE RESOURCES TO DONATE RADIATION EQUIPMENT. " WE PARTNER WITH OTHER NON-PROFIT ORGANIZATIONS, INCLUDING THE INTERNATIONAL ATOMIC ENERGY AGENCY (IAEA) AND ASOCIACION LATINO AMERICANO DE TERAPIA RADIANTE ONCOLOGIA (ALATRO) IN ORDER TO LOCATE NEEDS AND FILL THE VOID. THESE AGENCIES ASSIST IN OVERSEEING THAT ALL DONATIONS ARE IMPLEMENTED, MANAGED, MONEY CAPITALIZED, AND MOST IMPORTANTLY HELP MAINTAIN THE RADIATION FACILITIES FOR YEARS TO COME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THOMAS LADD 3765 FIVE FARMS RD JACKSONVILLE, FL 32225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3POST FILING, THE BOARD WILL REVIEW AND APPROVE THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES AVAILABE THESE DOCUMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/WebsiteAddressTxt0WWW.RADIATINGHOPE.ORG
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS LADD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09043276622
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RADIATING HOPE INC
ReturnHeader/Filer/BusinessNameControlTxt0RADI
ReturnHeader/Filer/EIN0275005906
ReturnHeader/Filer/PhoneNum08018792591
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 521344
ReturnHeader/Filer/USAddress/CityNm0SALT LAKE CITY
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0812979526
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NEWSOM AND ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012740 ATLANTIC BLVD STE 7
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032225
ReturnHeader/PreparerPersonGrp/PhoneNum09043200572
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C SCOTT NEWSOM
ReturnHeader/ReturnTs02024-05-06T15:39:23-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THOMAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LADD
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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