Civic Intelligence

Raising Hope Inc.

990EZ • Fiscal year 2016 • EIN 37-1460341

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 28, 2017

Organization ProfileRAISINGHOPEINC.ORG
66 Burnett StreetProvidence, RI 02907

(401) 316-1057

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

53rd percentile

4.5%

Higher net margin than 53% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

5th percentile

-68%

Faster asset growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

89th percentile

64%

Faster revenue growth than 89% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$891

Down $1,886 (-68%) from 2015

Net Assets

Down

$891

Down $1,886 (-68%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin53rd percentile

Revenue

Up

$13,950

Up $5,465 (+64%) from 2015

Expenses

Up

$13,329

Up $5,985 (+81%) from 2015

Net Income

Down

$621

Down $520 (-46%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$800K$600K$400K$200K$0Assets 2010: $4,276Net Assets 2010: $4,2762010Assets 2012: $4,205Net Assets 2012: $4,2052012Assets 2013: $3,888Net Assets 2013: $3,8882013Assets 2014: $3,144Net Assets 2014: $3,1442014Assets 2015: $2,777Net Assets 2015: $2,7772015Assets 2016: $891Net Assets 2016: $8912016Assets 2017: $9,437Net Assets 2017: $9,4372017Assets 2019: $32,803Liabilities 2019: $6,742Net Assets 2019: $26,0612019Assets 2020: $336,872Liabilities 2020: $152,231Net Assets 2020: $184,6412020Assets 2021: $399,339Liabilities 2021: $55,729Net Assets 2021: $343,6102021Assets 2022: $746,044Liabilities 2022: $60,154Net Assets 2022: $685,8902022Assets 2023: $541,480Liabilities 2023: $27,500Net Assets 2023: $513,9802023Assets 2024: $340,294Liabilities 2024: $0Net Assets 2024: $340,2942024

Highlighted filing

2016

Assets$891
Liabilities-
Net Assets$891
Open 2016 Filing

Operations Trend

Revenue Growth89th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $44,922Expenses 2010: $43,770Net Income 2010: $1,1522010Revenue 2012: $12,829Expenses 2012: $17,016Net Income 2012: -$4,1872012Revenue 2013: $5,000Expenses 2013: $5,317Net Income 2013: -$3172013Revenue 2014: $5,000Expenses 2014: $5,320Net Income 2014: -$3202014Revenue 2015: $8,485Expenses 2015: $7,344Net Income 2015: $1,1412015Revenue 2016: $13,950Expenses 2016: $13,329Net Income 2016: $6212016Revenue 2017: $16,375Expenses 2017: $7,829Net Income 2017: $8,5462017Revenue 2019: $479,442Expenses 2019: $461,438Net Income 2019: $18,0042019Revenue 2020: $826,865Expenses 2020: $668,285Net Income 2020: $158,5802020Revenue 2021: $898,696Expenses 2021: $743,299Net Income 2021: $155,3972021Revenue 2022: $1,311,261Expenses 2022: $968,981Net Income 2022: $342,2802022Revenue 2023: $1,213,397Expenses 2023: $1,195,256Net Income 2023: $18,1412023Revenue 2024: $1,160,503Expenses 2024: $1,219,857Net Income 2024: -$59,3542024

Highlighted filing

2016

Revenue$13,950
Expenses$13,329
Net Income$621
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 28, 2017
Return Version
2016v3.0
Gross Receipts
$13,950
Mission and Program Overview

Mission

Afterschool/out-of-school activ

Program Services

DescriptionGrantsExpenses
AFRO-CARIBBEAN DRUMMING WORKSHOP FOR YOUTH AGES 8-16 YR WITHING SCHOOL ENVIRONMENT-$13,329
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROCHELLE LEEChairman-$0--
ALEX AJAYI-BEMBESecretary-$0--
AUGUSTIN OLAGUNJUTreasurer-$0--
GORDIE DANIELSDirector-$0--
JOAN ASCHMANDirector-$0--
FLORENCE DOMONDDirector-$0--
RUTH COOPERDirector-$0--
JOSHUA CALVIN LAGUERREDirector-$0--
FRITZNER MYTHILDirector-$0--
ISAAC OGBOMODirector-$0--
Filing and Contact Details

Filer

Filer Name
Raising Hope Inc
EIN
37-1460341
Phone
4013161057
Address
66 BURNETT STREET, PROVIDENCE, RI 02907

Signing Officer

Name
Isaac Ogbomo
Title
Executive Director
Signed
2017-10-28
Discuss with paid preparer
Yes

Preparer

Firm
Rcm Tax Services Inc
Address
1210 HYDE PARK AVENUE, HYDE PARK, MA 02136
Preparer
Raphael C Okoye CPA
Phone
6173339754
Supplemental Narrative

Additional Explanations

Form 990EZ Page1-part1 Line15

“Other expenses stipend-$1430 auto-$950 telephone-$560”

Form 990EZ Page1-part1 Line15-continued

“Program supplies-$4300 office expenses-$1115 consultants-$2500 bank charges-$36”

Form 990EZ Page1-part1 Line15-continued

“Accounting-$200 internet-$500 meal&entertainment-$1460”

Form 990EZ Page1-part1 Line15-continued

“Depreciation-$256 misc-$22”

Form 990 Partii Line 24

“Total assets-$5587 accum depreciation-$5196 net assets-$391”

Raw XML Appendix163 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0ISAAC OGBOMO
IRS990EZ/BooksInCareOfDetail/PhoneNum04013161057
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PROVIDENCE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002907
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02130
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0500
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013950
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0621
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsAmt013950
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02777
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0891
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02777
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0891
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROCHELLE LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALEX AJAYI-BEMBE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2AUGUSTIN OLAGUNJU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GORDIE DANIELS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOAN ASCHMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5FLORENCE DOMOND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6RUTH COOPER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JOSHUA CALVIN LAGUERRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8FRITZNER MYTHIL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9ISAAC OGBOMO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0647
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0391
IRS990EZ/OtherChangesInNetAssetsAmt0-2507
IRS990EZ/OtherExpensesTotalAmt013329
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0AFTERSCHOOL/OUT-OF-SCHOOL ACTIV
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AFRO-CARIBBEAN DRUMMING WORKSHOP FOR YOUTH AGES 8-16 YR WITHING SCHOOL ENVIRONMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013329
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013329
IRS990EZ/TotalProgramServiceExpensesAmt013329
IRS990EZ/TotalRevenueAmt013950
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0RAISINGHOPEINC.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt013950
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt08335
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt012829
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt045114
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0150
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0150
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt045264
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013950
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt08485
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt012829
IRS990ScheduleA/Total509Grp/TotalAmt045264
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt013950
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt08485
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt012829
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt045264
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER EXPENSES STIPEND-$1430 AUTO-$950 TELEPHONE-$560
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROGRAM SUPPLIES-$4300 OFFICE EXPENSES-$1115 CONSULTANTS-$2500 BANK CHARGES-$36
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTING-$200 INTERNET-$500 MEAL&ENTERTAINMENT-$1460
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEPRECIATION-$256 MISC-$22
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TOTAL ASSETS-$5587 ACCUM DEPRECIATION-$5196 NET ASSETS-$391
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PAGE1-PART1 LINE15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PAGE1-PART1 LINE15-CONTINUED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PAGE1-PART1 LINE15-CONTINUED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PAGE1-PART1 LINE15-CONTINUED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PARTII LINE 24
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ISAAC OGBOMO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAISING HOPE INC
ReturnHeader/Filer/BusinessNameControlTxt0RAIS
ReturnHeader/Filer/EIN0371460341
ReturnHeader/Filer/PhoneNum04013161057
ReturnHeader/Filer/USAddress/AddressLine1Txt066 BURNETT STREET
ReturnHeader/Filer/USAddress/CityNm0PROVIDENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002907
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B1C70942E6555DE6B63EB51BA5782D0720449660
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B1C70942E6555DE6B63EB51BA5782D0720449660
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId00446052017135g004824
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.68.178.43
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270189040
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RCM TAX SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01210 HYDE PARK AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HYDE PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002136
ReturnHeader/PreparerPersonGrp/PhoneNum06173339754
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RAPHAEL C OKOYE CPA
ReturnHeader/ReturnTs02017-10-28T12:40:38-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$891
Liabilities
-
Net assets
$891
Revenue
$13,950
Expenses
$13,329
Net income
$621
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$1.16$1.22$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.03$0.51$1.21$1.20$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.06$0.69$1.31$0.97$0.34
2021Detailed filing. Detailed filing data is available for this year.$0.40$0.06$0.34$0.90$0.74$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.15$0.18$0.83$0.67$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.03$0.48$0.46$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.02$0.01$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.01$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.01$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.01$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.01$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.01$0.02$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.04$0.04$0.00