Civic Intelligence

Development Solutions Inc DBA Hope 4 Kids

990 • Fiscal year 2017 • EIN 33-0683510

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

PO Box 1235San Juan Capistrano, CA 92693

(949) 496-9430

Siviq Scores

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

Liabilities / Assets

39th percentile

0.04x

Higher debt load relative to assets than 39% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

37th percentile

0.05x

Higher debt load relative to revenue than 37% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

85th percentile

32%

Higher net margin than 85% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

87th percentile

$170,041

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

98th percentile

293%

Faster asset growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

92nd percentile

88%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,446,038

Up $1,823,940 (+293%) from 2016

Net Assets

Up

$2,344,607

Up $1,778,732 (+314%) from 2016

Liabilities

Up

$101,431

Up $45,208 (+80%) from 2016

Revenue

Up

$2,085,951

Up $978,189 (+88%) from 2016

Expenses

Up

$1,422,218

Up $135,182 (+11%) from 2016

Net Income

Up

$663,733

Up $843,007 (+470%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $260,904Liabilities 2013: $87,827Net Assets 2013: $173,0772013Assets 2014: $325,840Liabilities 2014: $75,737Net Assets 2014: $250,1032014Assets 2015: $187,996Liabilities 2015: $145,464Net Assets 2015: $42,5322015Assets 2016: $622,098Liabilities 2016: $56,223Net Assets 2016: $565,8752016Assets 2017: $2,446,038Liabilities 2017: $101,431Net Assets 2017: $2,344,6072017Assets 2018: $2,480,401Liabilities 2018: $158,825Net Assets 2018: $2,321,5762018Assets 2019: $2,983,573Liabilities 2019: $140,503Net Assets 2019: $2,843,0702019Assets 2020: $2,456,481Liabilities 2020: $153,586Net Assets 2020: $2,302,8952020Assets 2021: $2,227,714Liabilities 2021: $132,563Net Assets 2021: $2,095,1512021Assets 2022: $765,646Liabilities 2022: $86,375Net Assets 2022: $679,2712022Assets 2023: $433,056Liabilities 2023: $133,572Net Assets 2023: $299,4842023Assets 2024: $363,611Liabilities 2024: $88,065Net Assets 2024: $275,5462024

Highlighted filing

2017

Assets$2,446,038
Liabilities$101,431
Net Assets$2,344,607

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2013: $1,273,962Expenses 2013: $1,094,287Net Income 2013: $179,6752013Revenue 2014: $1,148,999Expenses 2014: $1,071,973Net Income 2014: $77,0262014Revenue 2015: $977,547Expenses 2015: $1,185,118Net Income 2015: -$207,5712015Revenue 2016: $1,107,762Expenses 2016: $1,287,036Net Income 2016: -$179,2742016Revenue 2017: $2,085,951Expenses 2017: $1,422,218Net Income 2017: $663,7332017Revenue 2018: $1,770,019Expenses 2018: $1,463,050Net Income 2018: $306,9692018Revenue 2019: $1,508,558Expenses 2019: $1,289,564Net Income 2019: $218,9942019Revenue 2020: $699,015Expenses 2020: $1,239,190Net Income 2020: -$540,1752020Revenue 2021: $996,815Expenses 2021: $1,204,559Net Income 2021: -$207,7442021Revenue 2022: $814,910Expenses 2022: $2,230,790Net Income 2022: -$1,415,8802022Revenue 2023: $574,321Expenses 2023: $954,108Net Income 2023: -$379,7872023Revenue 2024: $538,153Expenses 2024: $562,091Net Income 2024: -$23,9382024

Highlighted filing

2017

Revenue$2,085,951
Expenses$1,422,218
Net Income$663,733
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$2,085,951
Mission and Program Overview

Mission

Development Solutions, Inc. (DBA: Hope 4 Kids) is a Non-Profit 501(c)3 organization that specializes in finding permanent adoptive homes for children in Foster Care, and additionally provide Agency Adoption services for birth mothers and adoptive families. Licensed by the State of CA for both Adoption and Foster Care, they provide services for over 250 children annually.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,491,110$2,148,706▲ $657,596
Cash and Non-Interest-Bearing Accounts$217,863$285,846▲ $67,983
Receivables From Officers Etc$21,331$0▼ $21,331
Land, Buildings, and Equipment, Net$3,434$7,750▲ $4,316
Prepaid Expenses and Deferred Charges$3,358$3,736▲ $378
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,737,097$2,446,038▲ $708,941
Other Assets Total$1$0▼ $1
Liabilities
Deferred Revenue$16,850$51,150▲ $34,300
Accounts Payable and Accrued Expenses$39,373$50,281▲ $10,908
Total Liabilities$56,223$101,431▲ $45,208
Net Assets / Fund Balance
Unrestricted Net Assets$1,680,874$2,344,607▲ $663,733
Total Net Assets Fund Balance$1,680,874$2,344,607▲ $663,733
Total Liabilities and Net Assets / Fund Balance$1,737,097$2,446,038▲ $708,941

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,013$39,551$44,564
Other Land Buildings$2,737$28,333$31,070
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peggy RogerSecretaryFT$170,041$170,041
Len CareyPresidentFT$154,000$154,000
Rebecca WillsAdoption CoordinatorFT$149,174$149,174
Karleen CoxAdministratorFT$117,998$117,998

Board Members and Trustees

NameTitle
Bill CornBoard Member
Frank PittserBoard Member
Tina Dean-cornTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,085,951
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$663,733
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$838,704
Other Expenses$583,514
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$447,279$11,469-$458,748
Current Officers, Directors, Trustees, and Key Employees$315,940$8,101-$324,041
All Other Expenses$69,042$6,087-$75,129
Insurance$59,099$5,140-$64,239
Payroll Taxes$51,441$4,474-$55,915
Other Expenses$32,570$1,618-$34,188
Travel$20,709$795-$21,504
Occupancy$16,725$1,454-$18,179
Advertising$4,604--$4,604
Depreciation Depletion$4,247--$4,247
Information Technology$3,157$275-$3,432
Total Functional Expenses$1,382,584$39,634$0$1,422,218
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$21,331$0▼ $21,331
Receivables from Disqualified Persons-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Line 11B: Form 990 Review Process

Form 990 is prepared by an outside accounting firm. Upon completion, the accounting firm will send the draft for our board to review before mailing final return to the irs.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

It is the policy of the organization to prohibit its employees or Board members from engaging in any activity, practice or act which conflicts with its interests. All employees have an affirmative obligation to avoid conflicts of interest and it is not acceptable to look the other way when a conflict arises or appears to arise.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Our board will review and approve compensations for our officers and key employees. The board determines the compensations by reviewing industry standards and personnel experience level.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Our board will review and approve compensations for our officers and key employees. The board determines the compensations by reviewing industry standards and personnel experience level.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The federal form 990 is available online via guidestar.org the public can also call us and make open inquiries

Filing and Contact Details

Filer

Filer Name
Development Solutions Inc
EIN
33-0683510
Phone
9494969430
Address
PO BOX 1235, SAN JUAN CAPISTRANO, CA 92693

Signing Officer

Name
Len Carey
Title
Executive Director
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1995
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
4
Employees
8

Preparer

Firm
Dnw and Associates Inc
Address
430 S Garfield Ave Ste 428, Alhambra, CA 91801
Preparer
Eric Wu CPA
Phone
6264521149
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03736
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IRS990/ProgramServiceRevenueGrp/Desc0FOSTER CARE AND ADOPTION
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IRS990/PYOtherExpensesAmt0544207
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01272127
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01272127
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IRS990ScheduleA/TotalSupportAmt06591786
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IRS990ScheduleD/EquipmentGrp/BookValueAmt05013
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039551
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt044564
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02737
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt028333
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt031070
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07750
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1170041
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LEN CAREY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1PEGGY ROGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Secretary
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1170041
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. UPON COMPLETION, THE ACCOUNTING FIRM WILL SEND THE DRAFT FOR OUR BOARD TO REVIEW BEFORE MAILING FINAL RETURN TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1It is the policy of the organization to prohibit its employees or Board members from engaging in any activity, practice or act which conflicts with its interests. All employees have an affirmative obligation to avoid conflicts of interest and it is not acceptable to look the other way when a conflict arises or appears to arise.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OUR BOARD WILL REVIEW AND APPROVE COMPENSATIONS FOR OUR OFFICERS AND KEY EMPLOYEES. THE BOARD DETERMINES THE COMPENSATIONS BY REVIEWING INDUSTRY STANDARDS AND PERSONNEL EXPERIENCE LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUR BOARD WILL REVIEW AND APPROVE COMPENSATIONS FOR OUR OFFICERS AND KEY EMPLOYEES. THE BOARD DETERMINES THE COMPENSATIONS BY REVIEWING INDUSTRY STANDARDS AND PERSONNEL EXPERIENCE LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FEDERAL FORM 990 IS AVAILABLE ONLINE VIA GUIDESTAR.ORG THE PUBLIC CAN ALSO CALL US AND MAKE OPEN INQUIRIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TotalFunctionalExpensesGrp/TotalAmt01422218
IRS990/TotalGrossUBIAmt00
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IRS990/TravelGrp/ManagementAndGeneralAmt0795
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IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false

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