Civic Intelligence

Hope Abbey Char Trust

990 • Fiscal year 2019 • EIN 37-1055451

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 27, 2020

6325 S Rainbow Blvd Ste 300Las Vegas, NV 89118

(888) 730-4933

Siviq Scores

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

Liabilities / Assets

71st percentile

0.00x

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

2019 filings • 501(c)13 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

0.00x

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

2019 filings • 501(c)13 • <$500k nonprofits • Source year 2019

Net Margin

87th percentile

62%

Higher net margin than 87% of similar nonprofits.

2019 filings • 501(c)13 • <$500k nonprofits • Source year 2019

Top Officer Pay

80th percentile

$2,319

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 22.2% of source-year revenue.

2019 filings • 501(c)13 • <$500k nonprofits • Source year 2019

Asset Growth

71st percentile

5.6%

Faster asset growth than 71% of similar nonprofits.

2019 filings • 501(c)13 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

72nd percentile

24%

Faster revenue growth than 72% of similar nonprofits.

2019 filings • 501(c)13 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$124,278

Up $6,544 (+5.6%) from 2018

Net Assets

Up

$124,278

Up $6,544 (+5.6%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$10,459

Up $2,032 (+24%) from 2018

Expenses

Up

$3,926

Up $286 (+7.9%) from 2018

Net Income

Up

$6,533

Up $1,746 (+36%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2018: $117,734Liabilities 2018: $0Net Assets 2018: $117,7342018Assets 2019: $124,278Liabilities 2019: $0Net Assets 2019: $124,2782019Assets 2020: $132,787Liabilities 2020: $0Net Assets 2020: $132,7872020Assets 2021: $142,076Liabilities 2021: $0Net Assets 2021: $142,0762021Assets 2022: $145,155Liabilities 2022: $0Net Assets 2022: $145,1552022Assets 2023: $157,511Net Assets 2023: $157,5112023Assets 2024: $158,144Net Assets 2024: $158,1442024

Highlighted filing

2019

Assets$124,278
Liabilities$0
Net Assets$124,278

Operations Trend

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

$20K$15K$10K$5.0K$0Revenue 2018: $8,427Expenses 2018: $3,640Net Income 2018: $4,7872018Revenue 2019: $10,459Expenses 2019: $3,926Net Income 2019: $6,5332019Revenue 2020: $12,148Expenses 2020: $3,597Net Income 2020: $8,5512020Revenue 2021: $13,035Expenses 2021: $3,778Net Income 2021: $9,2572021Revenue 2022: $6,878Expenses 2022: $3,725Net Income 2022: $3,1532022Revenue 2023: $17,365Expenses 2023: $4,734Net Income 2023: $12,6312023Revenue 2024: $6,833Expenses 2024: $6,510Net Income 2024: $3232024

Highlighted filing

2019

Revenue$10,459
Expenses$3,926
Net Income$6,533
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 27, 2020
Return Version
2019v5.0
Gross Receipts
$65,794
Mission and Program Overview

Mission

Trust generates portfolio income which is used for the maintenance and upkeep of the hope abbey cemetery

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$108,588$113,349▲ $4,761
Savings and Temporary Cash Investments$9,146$10,712▲ $1,566
Cash and Non-Interest-Bearing Accounts-$217-
Total Assets$117,734$124,278▲ $6,544
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$117,734$124,278▲ $6,544
Total Net Assets Fund Balance$117,734$124,278▲ $6,544
Total Liabilities and Net Assets / Fund Balance$117,734$124,278▲ $6,544
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$2,319$2,319
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$10,459
Other Revenue
$0
Change in Net Assets
$6,533
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,319
Other Expenses$1,011
Grants and Similar Amounts Paid$596
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$580$1,739-$2,319
Fees for Services Accounting$938--$938
Grants to Domestic Orgs$596--$596
Other Expenses$15$58-$58
Total Functional Expenses$2,129$1,797$0$3,926
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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 11-description of Process for Review

Sole Trustee receives and reviews form 990

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

Organization complies with the same policy and enforcement procedures as its trustee

Form 990, Page 6, Part VI, Line 19

No Documents Available to the Public

Filing and Contact Details

Filer

Filer Name
Hope Abbey Char Trust
EIN
37-1055451
Phone
8887304933
Address
6325 S RAINBOW BLVD STE 300, LAS VEGAS, NV 89118

Signing Officer

Name
-
Title
Trustee
Phone
8887304933
Signed
2020-04-27
Discuss with paid preparer
Yes

Organization Details

Formed
1990
Legal Domicile
Il
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Pricewaterhousecoopers Llp
Address
600 GRANT STREET, PITTSBURGH, PA 15219
Preparer
Joseph J Castriano
Phone
4123556000
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

Net adjustments include: cost basis adjustment, mutual fundincome additions/subtractions, and prior year return of capital adjustment

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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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