Civic Intelligence

Spectrum for Hope Inc

990EZ • Fiscal year 2019 • EIN 35-2490724

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

7 Essex Green DrPeabody, MA 01960

(978) 532-7400

Siviq Scores

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

Liabilities / Assets

84th percentile

0.20x

Higher debt load relative to assets than 84% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

85th percentile

0.13x

Higher debt load relative to revenue than 85% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

5th percentile

-96%

Higher net margin than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

6th percentile

-65%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

7th percentile

-59%

Faster revenue growth than 7% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$35,377

Down $66,338 (-65%) from 2018

Net Assets

Down

$28,163

Down $54,540 (-66%) from 2018

Liabilities

Down

$7,214

Down $11,798 (-62%) from 2018

Revenue

Down

$57,064

Down $82,543 (-59%) from 2018

Expenses

Down

$111,604

Down $21,120 (-16%) from 2018

Net Income

Down

-$54,540

Down $61,423 (-892%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $43,160Liabilities 2016: $4,163Net Assets 2016: $38,9972016Assets 2017: $85,456Liabilities 2017: $8,882Net Assets 2017: $76,5742017Assets 2018: $101,715Liabilities 2018: $19,012Net Assets 2018: $82,7032018Assets 2019: $35,377Liabilities 2019: $7,214Net Assets 2019: $28,1632019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$35,377
Liabilities$7,214
Net Assets$28,163

Operations Trend

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

$200K$100K$0-$100KRevenue 2016: $15,303Expenses 2016: $21,754Net Income 2016: -$6,4512016Revenue 2017: $183,957Expenses 2017: $146,666Net Income 2017: $37,2912017Revenue 2018: $139,607Expenses 2018: $132,724Net Income 2018: $6,8832018Revenue 2019: $57,064Expenses 2019: $111,604Net Income 2019: -$54,5402019Revenue 2020: $25,405Expenses 2020: $53,568Net Income 2020: -$28,1632020

Highlighted filing

2019

Revenue$57,064
Expenses$111,604
Net Income-$54,540
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$57,064
Mission and Program Overview

Mission

Dedicated to improving the quality of life for families with multiple children with special needs, committed to supporting these families by providing funding or financial assistance for various therapeutic, educational, medical or recreational opportunitites.

Program Services

DescriptionGrantsExpenses
ORGANIZATION MADE GRANTS TO FAMILIES WITH SPECIAL NEEDS CHILDREN, SO THEY COULD PAY FOR THERAPEUTIC, EDUCATIONAL, MEDICAL OR RECREATIONAL TREATMENTS FOR THEIR CHILDREN.$113,048-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ADAM J BUCKLEYPresident-$0--
TERRENCE M BURGESSDirector-$0--
JAMES P DONOVANDirector-$0--
JAMES R DONOVANDirector-$0--
JOSH JOHNSONDirector-$0--
PATRICK GOULDDirector-$0--
GREGORY G KEENANDirector-$0--
PETER E MAHONEYDirector-$0--
BRETT RICEDirector-$0--
THOMAS WASHBURNDirector-$0--
Filing and Contact Details

Filer

Filer Name
Spectrum for Hope Inc
EIN
35-2490724
Phone
9785327400
Address
7 ESSEX GREEN DR, PEABODY, MA 01960

Signing Officer

Name
Adam J Buckley
Title
President
Signed
2020-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Vesey & Weeks PC
Address
185 Centre St Ste 103, Danvers, MA 01923
Preparer
Susan A Weeks
Phone
9787743000
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $306

Other Expenses.1

EVENT EXPENSES $37831

Other Expenses.2

Grants - various under $5,000 $24594

Other Expenses.3

COMPUTER EXPENSES $5269

Other Expenses.4

CONSULTING $1558

Other Expenses.5

Payroll service fees $456

Other Expenses.6

BANK FEES $171

Other Expenses.7

Annual report & filing fees $100

Total Liabilities.1

Payroll Tax Liabilities - Beginning $19012 Payroll Tax Liabilities - Ending $7214

Raw XML Appendix197 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $306
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVENT EXPENSES $37831
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRANTS - VARIOUS UNDER $5,000 $24594
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPUTER EXPENSES $5269
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM J BUCKLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPECTRUM FOR HOPE INC
ReturnHeader/Filer/BusinessNameControlTxt0SPEC
ReturnHeader/Filer/EIN0352490724
ReturnHeader/Filer/PhoneNum09785327400
ReturnHeader/Filer/USAddress/AddressLine1Txt07 ESSEX GREEN DR
ReturnHeader/Filer/USAddress/CityNm0PEABODY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001960
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043128928
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Vesey & Weeks PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0185 Centre St Ste 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Danvers
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001923
ReturnHeader/PreparerPersonGrp/PhoneNum09787743000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Susan A Weeks
ReturnHeader/ReturnTs02020-11-12T12:42:45-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings