Civic Intelligence

Hope Chest Inc.

990 • Fiscal year 2022 • EIN 36-3982573

Jul 01, 2021 to Jun 30, 2022 • Filed on Sep 13, 2022

305 West Hillgrove AveLA Grange, IL 60525

(708) 482-0359

Siviq Scores

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

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

45th percentile

1.7%

Higher net margin than 45% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

40th percentile

-3.7%

Faster asset growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

65th percentile

31%

Faster revenue growth than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$125,704

Down $4,784 (-3.7%) from 2021

Net Assets

Up

$118,979

Up $6,555 (+5.8%) from 2021

Liabilities

Down

$6,725

Down $11,339 (-63%) from 2021

Revenue

Up

$388,052

Up $92,509 (+31%) from 2021

Expenses

Up

$381,497

Up $143,526 (+60%) from 2021

Net Income

Down

$6,555

Down $51,017 (-89%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2014: $42,566Liabilities 2014: $4,713Net Assets 2014: $37,8532014Assets 2016: $66,476Liabilities 2016: $5,810Net Assets 2016: $60,6662016Assets 2017: $81,344Liabilities 2017: $2,224Net Assets 2017: $79,1202017Assets 2018: $73,659Liabilities 2018: $4,324Net Assets 2018: $69,3352018Assets 2019: $79,486Liabilities 2019: $10,182Net Assets 2019: $69,3042019Assets 2020: $81,859Liabilities 2020: $27,007Net Assets 2020: $54,8522020Assets 2021: $130,488Liabilities 2021: $18,064Net Assets 2021: $112,4242021Assets 2022: $125,704Liabilities 2022: $6,725Net Assets 2022: $118,9792022Assets 2023: $126,837Liabilities 2023: $5,944Net Assets 2023: $120,8932023Assets 2024: $101,310Liabilities 2024: $6,581Net Assets 2024: $94,7292024Assets 2025: $144,364Liabilities 2025: $9,151Net Assets 2025: $135,2132025

Highlighted filing

2022

Assets$125,704
Liabilities$6,725
Net Assets$118,979

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $132,114Expenses 2014: $138,682Net Income 2014: -$6,5682014Revenue 2016: $208,689Expenses 2016: $214,900Net Income 2016: -$6,2112016Revenue 2017: $210,844Expenses 2017: $191,341Net Income 2017: $19,5032017Revenue 2018: $263,296Expenses 2018: $272,984Net Income 2018: -$9,6882018Revenue 2019: $296,892Expenses 2019: $296,923Net Income 2019: -$312019Revenue 2020: $279,331Expenses 2020: $293,783Net Income 2020: -$14,4522020Revenue 2021: $295,543Expenses 2021: $237,971Net Income 2021: $57,5722021Revenue 2022: $388,052Expenses 2022: $381,497Net Income 2022: $6,5552022Revenue 2023: $462,063Expenses 2023: $460,149Net Income 2023: $1,9142023Revenue 2024: $485,725Expenses 2024: $511,889Net Income 2024: -$26,1642024Revenue 2025: $467,731Expenses 2025: $427,247Net Income 2025: $40,4842025

Highlighted filing

2022

Revenue$388,052
Expenses$381,497
Net Income$6,555
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 13, 2022
Return Version
2021v4.2
Gross Receipts
$388,052
Mission and Program Overview

Mission

Through the operation of a up scale thrift shop, the hope chest provides funding to the constance morris house (cmh), a domestic violence shelter and branch of pillars community health. The thrift shop also uses its profits to purchase clothing and household items for cmh as needed and pays certain utility bills for cmh. Cmh is an emergency residential shelter for women and children fleeing from family violence. The shelter can accommodate 25 women and children at any given time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$112,424$118,979▲ $6,555
Cash and Non-Interest-Bearing Accounts$120,080$115,219▼ $4,861
Prepaid Expenses and Deferred Charges$4,408$4,485▲ $77
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$130,488$125,704▼ $4,784
Other Assets Total$6,000$6,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,690--
Other Liabilities$6,374$6,725▲ $351
Total Liabilities$18,064$6,725▼ $11,339
Net Assets / Fund Balance
Total Net Assets Fund Balance$112,424$118,979▲ $6,555
Total Liabilities and Net Assets / Fund Balance$130,488$125,704▼ $4,784

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$11,632$11,632
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carrie FrechPresident
Sally CoutureVice-president
Amy RooneyBoard Member
Briana SheaBoard Member
Jen RigleyBoard Member
Jill GrechBoard Member
Joyce CarlsonBoard Member
Julie CongerBoard Member
Katherine ArnoldBoard Member
Laura BrownBoard Member
Monica CarriedoBoard Member
Sara EmmickBoard Member
Sharon VolzSecretary
Catherine WashburnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$21,234
Program Service Revenue
$360,064
Investment Income
$0
Other Revenue
$6,754
All Other Contributions
$21,234
Change in Net Assets
$6,555
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$209,629
Other Expenses$91,246
Salaries, Compensation, and Employee Benefits$80,622
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$209,629--$209,629
Other Salaries and Wages$74,595--$74,595
Occupancy$58,817--$58,817
Fees for Services Accounting-$7,591-$7,591
Payroll Taxes$6,027--$6,027
Fees for Services Other$5,475--$5,475
Insurance$1,669$605-$2,274
Advertising$870--$870
Office Expenses-$768-$768
Other Expenses$530$275-$530
All Other Expenses-$179-$179
Total Functional Expenses$372,079$9,418$0$381,497
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pillars Community HealthLa Grange, IL501(c)(3)Cash Grants Are Made to Assist With Funding the Operatiosn of Constance Morris House (cmh), a Domestic Violence Shelter and Branch of Pillars. Additionally, the Home Chest Pays Certainutility Costs to Provide Cmh Residents With Cable and Internet. the Hope Chest Also Suppliesresidents With Clothing and Household Items When Requested by Cmb. Occasionally, the Hope Chest Fundssmall Renovation/refurbishment Projects for Cmh.$207,630
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
Sales Tax Payable$3,571
Gift Certificates Outstanding$1,594
Accrued Payroll Tax$1,560
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Officers and board members are provided a copy of the 990 tax return to review. Preparer is available to answer any questions the officers or board members have.

Form 990, Part VI, Section C, Line 19

The documents, as well as the financial statements, are kept by the board officers and are available for review upon request.

Filing and Contact Details

Filer

Filer Name
Hope Chest Inc
EIN
36-3982573
Phone
7084820359
Address
305 WEST HILLGROVE AVE, LA GRANGE, IL 60525

Signing Officer

Name
Catherine a Washburn
Title
Treasurer
Phone
7732591273
Signed
2022-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine a Washburn
Formed
1994
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Cp Accounting Inc
Address
534 NORTH KENSINGTON AVENUE, LA GRANGE PARK, IL 60526
Preparer
Catherine a Phillips
Phone
7086485413
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06147
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1607
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt06147
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1607
IRS990/OtherRevenueTotalAmt06754
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt074595
IRS990/OtherSalariesAndWagesGrp/TotalAmt074595
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt06027
IRS990/PayrollTaxesGrp/TotalAmt06027
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04408
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04485
IRS990/PrincipalOfficerNm0CATHERINE A WASHBURN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0453310
IRS990/ProgramServiceRevenueGrp/Desc0THRIFT SHOP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0360064
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0360064
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt040687
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt087411
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt085185
IRS990/PYOtherRevenueAmt03986
IRS990/PYProgramServiceRevenueAmt0250870
IRS990/PYRevenuesLessExpensesAmt057572
IRS990/PYSalariesCompEmpBnftPaidAmt065375
IRS990/PYTotalExpensesAmt0237971
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0295543
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt06555
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0360064
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0112424
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0118979
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt09544
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt018957
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt016026
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010236
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt016371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt071134
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0360064
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0250870
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0251344
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0286439
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0253125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01401842
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01472976
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0369608
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0269827
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0267370
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0296675
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0269496
IRS990ScheduleA/Total509Grp/TotalAmt01472976
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0369608
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0269827
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0267370
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0296675
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0269496
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01472976
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011632
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011632
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01594
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11560
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23571
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GIFT CERTIFICATES OUTSTANDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL TAX
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt06725
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0207630
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt01999
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0PAYMENTS TO COMCAST, RETAIL STORES FOR CLOTHING AND SUPPLIES,
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CASH GRANTS ARE MADE TO ASSIST WITH FUNDING THE OPERATIOSN OF CONSTANCE MORRIS HOUSE (CMH), A DOMESTIC VIOLENCE SHELTER AND BRANCH OF PILLARS. ADDITIONALLY, THE HOME CHEST PAYS CERTAINUTILITY COSTS TO PROVIDE CMH RESIDENTS WITH CABLE AND INTERNET. THE HOPE CHEST ALSO SUPPLIESRESIDENTS WITH CLOTHING AND HOUSEHOLD ITEMS WHEN REQUESTED BY CMB. OCCASIONALLY, THE HOPE CHEST FUNDSSMALL RENOVATION/REFURBISHMENT PROJECTS FOR CMH.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PILLARS COMMUNITY HEALTH
IRS990ScheduleI/RecipientTable/RecipientEIN0364166490
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0333 NORTH LA GRANGE ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LA GRANGE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060526
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0ACTUAL PAYMENTS TO VENDORS
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS AND BOARD MEMBERS ARE PROVIDED A COPY OF THE 990 TAX RETURN TO REVIEW. PREPARER IS AVAILABLE TO ANSWER ANY QUESTIONS THE OFFICERS OR BOARD MEMBERS HAVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DOCUMENTS, AS WELL AS THE FINANCIAL STATEMENTS, ARE KEPT BY THE BOARD OFFICERS AND ARE AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0130488
IRS990/TotalAssetsEOYAmt0125704
IRS990/TotalAssetsGrp/BOYAmt0130488
IRS990/TotalAssetsGrp/EOYAmt0125704
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt021234
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09418
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0372079
IRS990/TotalFunctionalExpensesGrp/TotalAmt0381497
IRS990/TotalGrossUBIAmt06754
IRS990/TotalLiabilitiesBOYAmt018064
IRS990/TotalLiabilitiesEOYAmt06725
IRS990/TotalLiabilitiesGrp/BOYAmt018064
IRS990/TotalLiabilitiesGrp/EOYAmt06725
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0112424
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0118979
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0372079
IRS990/TotalProgramServiceRevenueAmt0360064
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0360064
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0388052
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt06754
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0130488
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0125704
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00

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