Civic Intelligence

Supporting Hope Inc

990 • Fiscal year 2017 • EIN 35-2415818

Jan 01, 2017 to Dec 31, 2017 • Filed on May 03, 2018

PO Box 471042Fort Worth, TX 76147

(817) 994-7510

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

76th percentile

20%

Higher net margin than 76% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

74th percentile

24%

Faster asset growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

25th percentile

-18%

Faster revenue growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$375,491

Up $73,248 (+24%) from 2016

Net Assets

Up

$375,491

Up $73,248 (+24%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$360,695

Down $81,005 (-18%) from 2016

Expenses

Down

$287,447

Down $63,900 (-18%) from 2016

Net Income

Down

$73,248

Down $17,105 (-19%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $210,396Liabilities 2012: $0Net Assets 2012: $210,3962012Assets 2013: $219,576Liabilities 2013: $0Net Assets 2013: $219,5762013Assets 2014: $220,908Liabilities 2014: $0Net Assets 2014: $220,9082014Assets 2015: $211,890Liabilities 2015: $0Net Assets 2015: $211,8902015Assets 2016: $302,243Liabilities 2016: $0Net Assets 2016: $302,2432016Assets 2017: $375,491Liabilities 2017: $0Net Assets 2017: $375,4912017Assets 2018: $374,127Liabilities 2018: $0Net Assets 2018: $374,1272018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2017

Assets$375,491
Liabilities$0
Net Assets$375,491

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $109,6452012Revenue 2013: $222,005Expenses 2013: $212,825Net Income 2013: $9,1802013Revenue 2014: $194,827Expenses 2014: $193,495Net Income 2014: $1,3322014Revenue 2015: $203,528Expenses 2015: $212,546Net Income 2015: -$9,0182015Revenue 2016: $441,700Expenses 2016: $351,347Net Income 2016: $90,3532016Revenue 2017: $360,695Expenses 2017: $287,447Net Income 2017: $73,2482017Revenue 2018: $293,080Expenses 2018: $294,444Net Income 2018: -$1,3642018Revenue 2019: $257,617Expenses 2019: $631,744Net Income 2019: -$374,1272019

Highlighted filing

2017

Revenue$360,695
Expenses$287,447
Net Income$73,248
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 3, 2018
Return Version
2017v2.2
Gross Receipts
$360,695
Mission and Program Overview

Mission

To provide financial support and raise awareness for charitable christian missionary organizations and global ministry efforts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$302,243$375,491▲ $73,248
Pledges and Grants Receivable$0$200,000▲ $200,000
Cash and Non-Interest-Bearing Accounts$300,955$174,316▼ $126,639
Prepaid Expenses and Deferred Charges$1,288$1,175▼ $113
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$302,243$375,491▲ $73,248
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$302,243$375,491▲ $73,248
Total Liabilities and Net Assets / Fund Balance$302,243$375,491▲ $73,248
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rj Phillips JrPresident/director
Mary Ashton PhillipsDirector
Nancy N PhillipsSecretary/director
Revenue and Support

Revenue Composition

Contributions and Grants
$360,695
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$360,695
Change in Net Assets
$73,248

Audited Revenue Reconciliation

Revenue per Audited Statements
$360,695
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$360,695
Total Revenue per Form 990
$360,695
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$276,961
Other Expenses$10,486
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$276,961--$276,961
Fees for Services Accounting-$7,605-$7,605
Insurance-$2,821-$2,821
Office Expenses-$60-$60
Total Functional Expenses$276,961$10,486$0$287,447

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$287,447
Total Expenses per Audited Statements$287,447
Total Expenses per Form 990$287,447
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

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
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
Yes
Audit committee
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
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, Part VI, Section A, Line 1

All officers are related.

Form 990, Part VI, Section A, Line 2

The president is the husband of secretary/director nancy n. Phillips and the father of treasurer/director mary ashton phillips.

Form 990, Part VI, Section A, Line 7A

The president of the organization has the authority to elect or appoint one or more members of the governing body.

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

All members of the governing body are provided a copy of the form 990 by the president for review before filing.

Form 990, Part VI, Section B, Line 12C

Each director, principal officer, and member of a committee with governing board delegated powers signs a statement annually that affirms such person has received a copy of the policy, has read and understands the policy, has agreed to comply with the policy, and understands the organization is charitable and, in order to maintain its federal tax exemption, it must engage primarily in activities, which accomplish one or more of its tax-exempt purposes. The organization also performs periodic reviews to insure compensation arrangements and benefits are reasonable, and whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Supporting Hope Inc
EIN
35-2415818
Phone
8179947510
Address
PO BOX 471042, FORT WORTH, TX 76147

Signing Officer

Name
Rj Phillips Jr
Title
President
Phone
8179947510
Signed
2018-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rj Phillips Jr
Formed
2011
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
4

Preparer

Firm
Whitley Penn Llp
Address
1400 WEST 7TH STREET STE 400, FORT WORTH, TX 76102
Preparer
Curtis Maxfield
Phone
8172599100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

The organization is changing their method of accounting for form 990 to coincide with the method of accounting used in their audited financial statements. There is no irc sec. 481(a) adjustment as a result of this change.

Part XII, Line 2C

The process has not changed from prior years.

Financial Statement Notes

PART X, LINE 2:

Supporting hope, inc. Follows the guidance under fasb asc topic no. 740, income taxes, which prescribes a comprehensive model for the financial statement recognition, measurement, presentation, and disclosure of uncertain tax positions taken or expected to be taken in income tax returns. Management believes that it has not taken a tax position that, if challenged, would have a material effect on supporting hope, inc's financial statements. Supporting hope, inc files form 990 in the united states federal jurisdiction and as of december 31, 2017, supporting hope, inc's tax returns related to the years ended december 31, 2014 through 2016 remain open to possible examination by the internal revenue service; however no tax returns are currently under examination.

Raw XML Appendix334 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SUPPORTING HOPE, INC. FOLLOWS THE GUIDANCE UNDER FASB ASC TOPIC NO. 740, INCOME TAXES, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. MANAGEMENT BELIEVES THAT IT HAS NOT TAKEN A TAX POSITION THAT, IF CHALLENGED, WOULD HAVE A MATERIAL EFFECT ON SUPPORTING HOPE, INC'S FINANCIAL STATEMENTS. SUPPORTING HOPE, INC FILES FORM 990 IN THE UNITED STATES FEDERAL JURISDICTION AND AS OF DECEMBER 31, 2017, SUPPORTING HOPE, INC'S TAX RETURNS RELATED TO THE YEARS ENDED DECEMBER 31, 2014 THROUGH 2016 REMAIN OPEN TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE; HOWEVER NO TAX RETURNS ARE CURRENTLY UNDER EXAMINATION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL OFFICERS ARE RELATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT IS THE HUSBAND OF SECRETARY/DIRECTOR NANCY N. PHILLIPS AND THE FATHER OF TREASURER/DIRECTOR MARY ASHTON PHILLIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT OF THE ORGANIZATION HAS THE AUTHORITY TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL MEMBERS OF THE GOVERNING BODY ARE PROVIDED A COPY OF THE FORM 990 BY THE PRESIDENT FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SIGNS A STATEMENT ANNUALLY THAT AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND, IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES, WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THE ORGANIZATION ALSO PERFORMS PERIODIC REVIEWS TO INSURE COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, AND WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION IS CHANGING THEIR METHOD OF ACCOUNTING FOR FORM 990 TO COINCIDE WITH THE METHOD OF ACCOUNTING USED IN THEIR AUDITED FINANCIAL STATEMENTS. THERE IS NO IRC SEC. 481(A) ADJUSTMENT AS A RESULT OF THIS CHANGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0302243
IRS990/TotalAssetsEOYAmt0375491
IRS990/TotalAssetsGrp/BOYAmt0302243
IRS990/TotalAssetsGrp/EOYAmt0375491
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0360695
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010486
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0276961
IRS990/TotalFunctionalExpensesGrp/TotalAmt0287447
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0302243
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0375491
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0276961
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0360695
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0302243
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0375491
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 471042
IRS990/USAddress/CityNm0FORT WORTH
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076147
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.SUPPORTINGHOPEINC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RJ PHILLIPS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08179947510
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUPPORTING HOPE INC
ReturnHeader/Filer/BusinessNameControlTxt0SUPP
ReturnHeader/Filer/EIN0352415818
ReturnHeader/Filer/PhoneNum08179947510
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 471042
ReturnHeader/Filer/USAddress/CityNm0FORT WORTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076147
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F5D75831FB405B3E1B57036F194DE8C71C24A425
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId021B5010BE9AD4BBB5B3A835E8F1FF103F3BAAE96
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt012.0.230.112
ReturnHeader/FilingSecurityInformation/IPDt02018-05-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:46:35
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752393478
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITLEY PENN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01400 WEST 7TH STREET STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076102
ReturnHeader/PreparerPersonGrp/PhoneNum08172599100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CURTIS MAXFIELD
ReturnHeader/ReturnTs02018-05-08T17:08:43-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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