Civic Intelligence

Asia'S Hope

990 • Fiscal year 2020 • EIN 34-1971847

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

296 W Fourth AveColumbus, OH 43201

(614) 804-6233

Siviq Scores

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

Liabilities / Assets

44th percentile

0.07x

Higher debt load relative to assets than 44% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

37th percentile

0.07x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

58th percentile

9.4%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

71st percentile

$104,000

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

67th percentile

15%

Faster asset growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

67th percentile

12%

Faster revenue growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$3,003,989

Up $399,904 (+15%) from 2019

Net Assets

Up

$2,806,040

Up $268,923 (+11%) from 2019

Liabilities

Up

$197,949

Up $130,981 (+196%) from 2019

Revenue

Up

$2,863,971

Up $301,926 (+12%) from 2019

Expenses

Up

$2,595,048

Up $91,766 (+3.7%) from 2019

Net Income

Up

$268,923

Up $210,160 (+358%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $444,032Liabilities 2010: $40,571Net Assets 2010: $403,4612010Assets 2011: $785,756Liabilities 2011: $2,966Net Assets 2011: $782,7902011Assets 2012: $1,217,745Liabilities 2012: $2,040Net Assets 2012: $1,215,7052012Assets 2013: $1,633,669Liabilities 2013: $5,834Net Assets 2013: $1,627,8352013Assets 2014: $1,739,208Liabilities 2014: $1,937Net Assets 2014: $1,737,2712014Assets 2015: $1,848,092Liabilities 2015: $88,959Net Assets 2015: $1,759,1332015Assets 2016: $2,073,841Liabilities 2016: $78,976Net Assets 2016: $1,994,8652016Assets 2017: $2,538,060Liabilities 2017: $93,419Net Assets 2017: $2,444,6412017Assets 2018: $2,548,257Liabilities 2018: $69,903Net Assets 2018: $2,478,3542018Assets 2019: $2,604,085Liabilities 2019: $66,968Net Assets 2019: $2,537,1172019Assets 2020: $3,003,989Liabilities 2020: $197,949Net Assets 2020: $2,806,0402020Assets 2021: $3,429,786Liabilities 2021: $220,436Net Assets 2021: $3,209,3502021Assets 2022: $3,278,839Liabilities 2022: $170,634Net Assets 2022: $3,108,2052022Assets 2023: $2,974,658Liabilities 2023: $152,503Net Assets 2023: $2,822,1552023Assets 2024: $2,971,042Liabilities 2024: $153,580Net Assets 2024: $2,817,4622024

Highlighted filing

2020

Assets$3,003,989
Liabilities$197,949
Net Assets$2,806,040

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $134,7982010Expenses 2011: $1,066,1222011Expenses 2012: $1,682,0352012Revenue 2013: $2,275,830Expenses 2013: $1,863,705Net Income 2013: $412,1252013Revenue 2014: $1,837,108Expenses 2014: $1,727,672Net Income 2014: $109,4362014Revenue 2015: $1,954,098Expenses 2015: $1,932,236Net Income 2015: $21,8622015Revenue 2016: $2,362,130Expenses 2016: $2,126,398Net Income 2016: $235,7322016Revenue 2017: $2,706,123Expenses 2017: $2,256,347Net Income 2017: $449,7762017Revenue 2018: $2,394,663Expenses 2018: $2,360,950Net Income 2018: $33,7132018Revenue 2019: $2,562,045Expenses 2019: $2,503,282Net Income 2019: $58,7632019Revenue 2020: $2,863,971Expenses 2020: $2,595,048Net Income 2020: $268,9232020Revenue 2021: $3,149,980Expenses 2021: $2,746,670Net Income 2021: $403,3102021Revenue 2022: $2,710,269Expenses 2022: $2,811,414Net Income 2022: -$101,1452022Revenue 2023: $2,488,237Expenses 2023: $2,774,287Net Income 2023: -$286,0502023Revenue 2024: $2,607,367Expenses 2024: $2,612,060Net Income 2024: -$4,6932024

Highlighted filing

2020

Revenue$2,863,971
Expenses$2,595,048
Net Income$268,923
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$2,863,971
Mission and Program Overview

Mission

Asia's hope is a multi-denominational, grassroots movement dedicated to providing quality long-term care for orphaned children at high risk of sexual and economic exploitation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,278,611$2,187,347▼ $91,264
Cash and Non-Interest-Bearing Accounts$324,474$815,642▲ $491,168
Accounts Receivable$1,000$1,000→ $0
Total Assets$2,604,085$3,003,989▲ $399,904
Liabilities
Unsecured Notes Loans Payable$24,011$167,493▲ $143,482
Other Liabilities$42,146$30,456▼ $11,690
Accounts Payable and Accrued Expenses$811--
Total Liabilities$66,968$197,949▲ $130,981
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,174,126$2,466,624▲ $292,498
Net Assets With Donor Restrictions$362,991$339,416▼ $23,575
Total Net Assets Fund Balance$2,537,117$2,806,040▲ $268,923
Total Liabilities and Net Assets / Fund Balance$2,604,085$3,003,989▲ $399,904

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,272,855$379,185$1,652,040
Land$575,874-$575,874
Buildings$286,656$31,708$318,364
Equipment$38,798$55,626$94,424
Leasehold Improvements$13,164$21,177$34,341
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John MccollumExecutive DiFT$104,000$104,000

Board Members and Trustees

NameTitle
Adam HeathTrustee
Dr John CampbellTrustee
Glen KellyTrustee
Keith WongTrustee
Melanie ForsytheTrustee
Rachel CobbTrustee
Ron BiddleTrustee
Sherrod FieldsTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$2,863,971
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,795,971
Change in Net Assets
$268,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,229,158
Salaries, Compensation, and Employee Benefits$365,890
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$147,969-$147,969
Current Officers, Directors, Trustees, and Key Employees$52,000$52,000-$104,000
Depreciation Depletion$91,264--$91,264
Payroll Taxes-$77,396-$77,396
Pension Plan Contributions-$25,000-$25,000
Advertising$20,047--$20,047
Office Expenses-$16,342-$16,342
Fees for Services Legal-$15,600-$15,600
Travel$9,824$3,275-$13,099
Other Expenses$11,892$11,665-$11,892
Other Employee Benefits-$11,525-$11,525
Occupancy-$11,511-$11,511
All Other Expenses$8,650--$8,650
Interest-$4,466-$4,466
Fees for Services Accounting-$1,350-$1,350
Insurance-$814-$814
Total Functional Expenses$2,216,135$378,913$0$2,595,048
International Activity

International Summary

Offices
18
Employees
80
Spending
$2,216,135

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Asia and the East PacificProgram ServicesSee Part V1880$2,216,135
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pension Plan Contributions$25,000
Credit Cards Payable$3,064
Accrued Expenses$2,392
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
Yes
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, Page 6, Part VI, Line 11B

The 990 was provided to the executive director for his review and discussion with the board of trustees prior to filing the return.

Form 990, Page 6, Part VI, Line 15A

The executive director's compensation is set by and approved by the board of trustees.

Form 990, Page 6, Part VI, Line 19

Governing documents, internal financial statements and copies of filed 990's are available upon request from the executive director.

Filing and Contact Details

Filer

Filer Name
ASIA'S HOPE
EIN
34-1971847
Phone
6148046233
Address
296 W FOURTH AVE, COLUMBUS, OH 43201

Signing Officer

Name
John Mccollum
Title
Executive Director
Phone
6148046233
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Mccollum
Formed
2002
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
100

Preparer

Firm
Pinnacle CPA Advisory Group LLC
Address
590 LEXINGTON AVE, MANSFIELD, OH 44907-1505
Preparer
Richard M Kleshinski
Phone
4197563211
Supplemental Narrative

Additional Explanations

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

Special projects: donors provide funds for various items that are in addition to normal operations. Also includes capital campaign, vision expenses and opporutity funds.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 WAS PROVIDED TO THE EXECUTIVE DIRECTOR FOR HIS REVIEW AND DISCUSSION WITH THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S COMPENSATION IS SET BY AND APPROVED BY THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, INTERNAL FINANCIAL STATEMENTS AND COPIES OF FILED 990'S ARE AVAILABLE UPON REQUEST FROM THE EXECUTIVE DIRECTOR.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.97$0.15$2.82$2.61$2.61$0.00
2023Detailed filing. Detailed filing data is available for this year.$2.97$0.15$2.82$2.49$2.77$0.29
2022Detailed filing. Detailed filing data is available for this year.$3.28$0.17$3.11$2.71$2.81$0.10
2021Detailed filing. Detailed filing data is available for this year.$3.43$0.22$3.21$3.15$2.75$0.40
2020Detailed filing. Detailed filing data is available for this year.$3.00$0.20$2.81$2.86$2.60$0.27
2019Detailed filing. Detailed filing data is available for this year.$2.60$0.07$2.54$2.56$2.50$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.55$0.07$2.48$2.39$2.36$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.54$0.09$2.44$2.71$2.26$0.45
2016Detailed filing. Detailed filing data is available for this year.$2.07$0.08$1.99$2.36$2.13$0.24
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.09$1.76$1.95$1.93$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$1.84$1.73$0.11
2013Detailed filing. Detailed filing data is available for this year.$1.63$0.01$1.63$2.28$1.86$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.00$1.22$1.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.00$0.78$1.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.04$0.40$0.13