Civic Intelligence

Many Hopes Inc.

990 • Fiscal year 2020 • EIN 39-2067502

Jul 01, 2019 to Jun 30, 2020 • Filed on May 15, 2021

85 Parkway Road No 2Bronxville, NY 10708

(210) 262-6112

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.02x

Higher debt load relative to assets than 42% of similar nonprofits.

2020 filings • NTEE Q • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

46th percentile

0.03x

Higher debt load relative to revenue than 46% of similar nonprofits.

2020 filings • NTEE Q • $1M-$5M nonprofits • Source year 2020

Net Margin

91st percentile

53%

Higher net margin than 91% of similar nonprofits.

2020 filings • NTEE Q • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

45th percentile

$0

Higher top officer pay than 45% of similar nonprofits.

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

2020 filings • NTEE Q • $1M-$5M nonprofits • Source year 2020

Asset Growth

72nd percentile

46%

Faster asset growth than 72% of similar nonprofits.

2020 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

24th percentile

-25%

Faster revenue growth than 24% of similar nonprofits.

2020 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,828,408

Up $573,365 (+46%) from 2019

Net Assets

Up

$1,800,741

Up $547,335 (+44%) from 2019

Liabilities

Up

$27,667

Up $26,030 (+1590%) from 2019

Revenue

Down

$1,034,528

Down $344,898 (-25%) from 2019

Expenses

Down

$483,347

Down $673,101 (-58%) from 2019

Net Income

Up

$551,181

Up $328,203 (+147%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $705,879Liabilities 2011: $557Net Assets 2011: $705,3222011Assets 2012: $1,053,651Liabilities 2012: $230,000Net Assets 2012: $823,6512012Assets 2013: $1,059,077Liabilities 2013: $7,308Net Assets 2013: $1,051,7692013Assets 2014: $1,148,493Liabilities 2014: $945Net Assets 2014: $1,147,5482014Assets 2015: $1,342,629Liabilities 2015: $230,000Net Assets 2015: $1,112,6292015Assets 2016: $1,203,565Liabilities 2016: $0Net Assets 2016: $1,203,5652016Assets 2017: $1,085,395Liabilities 2017: $6,490Net Assets 2017: $1,078,9052017Assets 2018: $1,127,931Liabilities 2018: $130,984Net Assets 2018: $996,9472018Assets 2019: $1,255,043Liabilities 2019: $1,637Net Assets 2019: $1,253,4062019Assets 2020: $1,828,408Liabilities 2020: $27,667Net Assets 2020: $1,800,7412020Assets 2021: $2,690,922Liabilities 2021: $0Net Assets 2021: $2,690,9222021Assets 2022: $3,012,683Liabilities 2022: $32,258Net Assets 2022: $2,980,4252022Assets 2023: $1,465,759Liabilities 2023: $20,000Net Assets 2023: $1,445,7592023Assets 2024: $2,137,721Liabilities 2024: $37,527Net Assets 2024: $2,100,1942024

Highlighted filing

2020

Assets$1,828,408
Liabilities$27,667
Net Assets$1,800,741

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $322,3262011Revenue 2012: $591,350Expenses 2012: $475,044Net Income 2012: $116,3062012Revenue 2013: $853,983Expenses 2013: $623,850Net Income 2013: $230,1332013Revenue 2014: $929,543Expenses 2014: $840,118Net Income 2014: $89,4252014Revenue 2015: $984,931Expenses 2015: $985,219Net Income 2015: -$2882015Revenue 2016: $1,432,130Expenses 2016: $1,342,910Net Income 2016: $89,2202016Revenue 2017: $1,464,064Expenses 2017: $1,589,191Net Income 2017: -$125,1272017Revenue 2018: $1,529,355Expenses 2018: $1,492,737Net Income 2018: $36,6182018Revenue 2019: $1,379,426Expenses 2019: $1,156,448Net Income 2019: $222,9782019Revenue 2020: $1,034,528Expenses 2020: $483,347Net Income 2020: $551,1812020Revenue 2021: $1,884,479Expenses 2021: $1,166,242Net Income 2021: $718,2372021Revenue 2022: $3,897,860Expenses 2022: $3,633,521Net Income 2022: $264,3392022Revenue 2023: $2,901,020Expenses 2023: $4,429,199Net Income 2023: -$1,528,1792023Revenue 2024: $5,395,538Expenses 2024: $4,924,019Net Income 2024: $471,5192024

Highlighted filing

2020

Revenue$1,034,528
Expenses$483,347
Net Income$551,181
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 15, 2021
Return Version
2019v5.2
Gross Receipts
$1,034,528
Mission and Program Overview

Mission

The organization houses and educates orphaned and abandoned children in kenya.

The organization shall help to sustain, enhance and develop the resources, programs, and future expansion of organizations around the world that are rescuing, educating, and advocating for orphaned, abandoned, abused, or enslaved children. The organization shall help to generate public awareness of, and funds for, the organizations, schools, orphanages and child rescue and rehabilitation programs and capital projects.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$744,871$1,417,856▲ $672,985
Savings and Temporary Cash Investments$378,714$326,104▼ $52,610
Cash and Non-Interest-Bearing Accounts$130,018$74,151▼ $55,867
Prepaid Expenses and Deferred Charges$1,440$10,297▲ $8,857
Total Assets$1,255,043$1,828,408▲ $573,365
Liabilities
Accounts Payable and Accrued Expenses$1,637$27,667▲ $26,030
Total Liabilities$1,637$27,667▲ $26,030
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,253,406$1,800,741▲ $547,335
Total Net Assets Fund Balance$1,253,406$1,800,741▲ $547,335
Total Liabilities and Net Assets / Fund Balance$1,255,043$1,828,408▲ $573,365
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maxine FriedmanPresident
Daniel GrantDirector
Joseph McknightDirector
Patrick MurphyDirector
Tracy WemettDirector
Sue VerityClerk
Thomas KeownFounder
Kathy TunsleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,010,576
Program Service Revenue
$0
Investment Income
$23,952
Other Revenue
$0
All Other Contributions
$1,010,576
Change in Net Assets
$551,181
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$223,612
Grants and Similar Amounts Paid$174,938
Total Fundraising Expense$105,995
Salaries, Compensation, and Employee Benefits$82,297
Professional Fundraising Fees$2,500

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$174,938--$174,938
Office Expenses$28,914$45,058$33,466$107,438
Other Salaries and Wages$15,125$30,250$30,250$75,625
Other Expenses$17,238-$32,014$49,252
Fees for Services Other-$38,437-$38,437
Travel$13,191$899$2,246$16,336
Fees for Services Accounting-$7,000-$7,000
Payroll Taxes$1,334$2,669$2,669$6,672
Advertising--$2,850$2,850
Fees for Services Professional Fundraising--$2,500$2,500
Insurance-$2,299-$2,299
Total Functional Expenses$250,740$126,612$105,995$483,347
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

International Activities

RegionActivityServicesOfficesEmployeesSpending
KenyaGrantsOrphanage and School---
United KingdomGrantsSupport---
-GrantsSupport---
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$2,500
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
Backup withholding compliance
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, Part VI, Section B, Line 11B

Line 11a explanation - the form 990 and the audited financial statements were made available to the entire board of the organization prior to the july 2020 board meeting. During the board meeting on july 16, 2020 the form 990 and audited financial statements were reviewed by the board and voted on for approval.

Form 990, Part VI, Section C, Line 19

In massachusetts a copy of the organization's audited financial statements and form 990 are available at the massachusetts secretary of state's office and accessible by website or request. The organization also makes available the form 990 to any person requesting a copy and a copy can be found on the organization's website. Governing documents and conflict of interest policy are not made available to the public.

Filing and Contact Details

Filer

Filer Name
Many Hopes Inc
EIN
39-2067502
Phone
2102626112
Address
85 PARKWAY ROAD NO 2, BRONXVILLE, NY 10708

Signing Officer

Name
Kathy Tunsley
Title
Treasurer
Phone
2102626112
Signed
2021-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
0

Preparer

Firm
Kokinos Waterman Pc
Address
220 BROADWAY SUITE 101, LYNNFIELD, MA 01940-2352
Preparer
James Waterman CPA
Phone
7815847600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the financial statements regarding a tax position taken or expected to be taken in a tax return. The organization has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the financial statements at june 30, 2020.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

990, part viii line 8b reduction

PART XII, LINE 2D - OTHER ADJUSTMENTS:

990, part viii line 8b reduction

Raw XML AppendixShowing 400 of 407 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01637
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt027667
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION SHALL HELP TO SUSTAIN, ENHANCE AND DEVELOP THE RESOURCES, PROGRAMS, AND FUTURE EXPANSION OF ORGANIZATIONS AROUND THE WORLD THAT ARE RESCUING, EDUCATING, AND ADVOCATING FOR ORPHANED, ABANDONED, ABUSED, OR ENSLAVED CHILDREN. THE ORGANIZATION SHALL HELP TO GENERATE PUBLIC AWARENESS OF, AND FUNDS FOR, THE ORGANIZATIONS, SCHOOLS, ORPHANAGES AND CHILD RESCUE AND REHABILITATION PROGRAMS AND CAPITAL PROJECTS.
IRS990/AdvertisingGrp/FundraisingAmt02850
IRS990/AdvertisingGrp/TotalAmt02850
IRS990/AllOtherContributionsAmt01010576
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BECKY WELDAY
IRS990/BooksInCareOfDetail/PhoneNum02102626112
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt085 PARKWAY ROAD 2
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRONXVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010708
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0130018
IRS990/CashNonInterestBearingGrp/EOYAmt074151
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01010576
IRS990/CYGrantsAndSimilarPaidAmt0174938
IRS990/CYInvestmentIncomeAmt023952
IRS990/CYOtherExpensesAmt0223612
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0551181
IRS990/CYSalariesCompEmpBnftPaidAmt082297
IRS990/CYTotalExpensesAmt0483347
IRS990/CYTotalFundraisingExpenseAmt0105995
IRS990/CYTotalProfFndrsngExpnsAmt02500
IRS990/CYTotalRevenueAmt01034528
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE ORGANIZATION WAS FOUNDED TO HOUSE AND EDUCATE ORPHANED AND ABANDONED CHILDREN IN KENYA. GRANTS THIS YEAR WERE USED FOR BUILDING AND OPERATING A SCHOOL WITH CAPACITY FOR 900 CHILDREN. SUSTAINING A HOME FOR 55 GIRLS NEAR MOMBASA (PROVIDING FOOD, SHELTER AND EDUCATIONAL COSTS FOR THE MUDZINI KWETU CENTER TRUST).
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0250740
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07000
IRS990/FeesForServicesAccountingGrp/TotalAmt07000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt038437
IRS990/FeesForServicesOtherGrp/TotalAmt038437
IRS990/FeesForServicesProfFundraising/FundraisingAmt02500
IRS990/FeesForServicesProfFundraising/TotalAmt02500
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt0174938
IRS990/ForeignGrantsGrp/TotalAmt0174938
IRS990/ForeignOfficeInd01
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt17.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0MAXINE FRIEDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1KATHY TUNSLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2SUE VERITY
IRS990/Form990PartVIISectionAGrp/PersonNm3PATRICK MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm4TRACY WEMETT
IRS990/Form990PartVIISectionAGrp/PersonNm5THOMAS KEOWN
IRS990/Form990PartVIISectionAGrp/PersonNm6DANIEL GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm7JOSEPH MCKNIGHT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt0174938
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01034528
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02299
IRS990/InsuranceGrp/TotalAmt02299
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt023952
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023952
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0744871
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01417856
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION HOUSES, EDUCATES, AND ADVOCATES ORPHANED AND ABANDONED CHILDREN IN KENYA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt01253406
IRS990/NetAssetsOrFundBalancesEOYAmt01800741
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-3846
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01253406
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01800741
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0854
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt033466
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt045058
IRS990/OfficeExpensesGrp/ProgramServicesAmt028914
IRS990/OfficeExpensesGrp/TotalAmt0107438
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0EVENTS
IRS990/OtherExpensesGrp/FundraisingAmt032014
IRS990/OtherExpensesGrp/ProgramServicesAmt017238
IRS990/OtherExpensesGrp/TotalAmt049252
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt030250
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt030250
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt015125
IRS990/OtherSalariesAndWagesGrp/TotalAmt075625
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02669
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02669
IRS990/PayrollTaxesGrp/ProgramServicesAmt01334
IRS990/PayrollTaxesGrp/TotalAmt06672
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01440
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010297
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01047546
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0911212
IRS990/PYInvestmentIncomeAmt010561
IRS990/PYOtherExpensesAmt0159678
IRS990/PYOtherRevenueAmt0321319
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0222978
IRS990/PYSalariesCompEmpBnftPaidAmt085558
IRS990/PYTotalExpensesAmt01156448
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01379426
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0551181
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01010576
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0378714
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0326104
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01010576
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01147421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01277324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01271429
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01294965
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06001715
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt023952
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010561
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011237
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011536
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09732
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt067018
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98900
IRS990ScheduleA/PublicSupportPY170Pct00.99140
IRS990ScheduleA/PublicSupportTotal170Amt06001715
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01010576
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01147421
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01277324
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01271429
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01294965
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06001715
IRS990ScheduleA/TotalSupportAmt06068733
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2020.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1990, PART VIII LINE 8B REDUCTION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2990, PART VIII LINE 8B REDUCTION
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0KENYA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1UNITED KINGDOM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0ORPHANAGE AND SCHOOL
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1SUPPORT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2SUPPORT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2GRANTS
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt0N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt1N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt1100000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt274938
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0ORPHANAGE AND SCHOOL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2EUROPE (INCLUDING ICELAND & GREENLAND)
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0N/A
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1N/A
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt00
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0FUNDS ARE GRANTED TO RECOGNIZED CHARITIES OUTSIDE THE US SERVING THE NEEDS OF ORPHANED AND ABANDONED CHILDREN IN KENYA. FUNDS ARE GRANTED IN RESPONSE TO REQUESTS TO MEET SPECIFIC NEEDS IN LINE ITEMS IN PROGRAM BUDGETS AGREED WITH MANY HOPES,INC. (MH) AT THE START OF EACH YEAR. MH REPRESENTATIVES VISIT PROJECTS AT LEAST ONCE EACH YEAR TO INPUT INTO THE SETTING OF THAT BUDGET AND REVIEW THE BUDGET FOR THE PREVIOUS YEAR. ALL RECEIPTS FOR PURCHASES MADE FOR BUILDING OR FOR RUNNING BUILDINGS CONSTRUCTED OR PROGRAMS IMPLEMENTED ARE KEPT BY A PROJECT ACCOUNTANT. AT THE END OF THE FINANCIAL YEAR AN INDEPENDENT AUDIT OF EXPENDITURE V GRANT MONIES RECEIVED BY PROJECTS IS CARRIED OUT BY AN EXTERNAL ACCOUNTANT, AND HARD AND SOFT COPIES OF THE AUDIT SENT TO MH. ADDITIONALLY THERE IS QUARTERLY REPORTING OF RUNNING COSTS FOR SPECIFIC PROJECTS FUNDED BY MH. .LIST 54 _ 4 WATERMAN - 12/13/17 11:06AM WORKSHEET SCHEDULE F GRANTS TO KENYA - SCHOOL _ 650000 GRANTS TO KENYA - HOME _ 195000 KENYA PROGRAM COSTS _ 16212
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt00
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11A EXPLANATION - THE FORM 990 AND THE AUDITED FINANCIAL STATEMENTS WERE MADE AVAILABLE TO THE ENTIRE BOARD OF THE ORGANIZATION PRIOR TO THE JULY 2020 BOARD MEETING. DURING THE BOARD MEETING ON JULY 16, 2020 THE FORM 990 AND AUDITED FINANCIAL STATEMENTS WERE REVIEWED BY THE BOARD AND VOTED ON FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN MASSACHUSETTS A COPY OF THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE AT THE MASSACHUSETTS SECRETARY OF STATE'S OFFICE AND ACCESSIBLE BY WEBSITE OR REQUEST. THE ORGANIZATION ALSO MAKES AVAILABLE THE FORM 990 TO ANY PERSON REQUESTING A COPY AND A COPY CAN BE FOUND ON THE ORGANIZATION'S WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC.
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/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/StatesWhereCopyOfReturnIsFldCd1MA
IRS990/StatesWhereCopyOfReturnIsFldCd2CA
IRS990/StatesWhereCopyOfReturnIsFldCd3DC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01255043
IRS990/TotalAssetsEOYAmt01828408
IRS990/TotalAssetsGrp/BOYAmt01255043
IRS990/TotalAssetsGrp/EOYAmt01828408
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01010576
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0105995
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0126612
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0250740
IRS990/TotalFunctionalExpensesGrp/TotalAmt0483347
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01637
IRS990/TotalLiabilitiesEOYAmt027667
IRS990/TotalLiabilitiesGrp/BOYAmt01637
IRS990/TotalLiabilitiesGrp/EOYAmt027667
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01253406
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01800741
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0250740
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt023952
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01034528
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01255043
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01828408
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt02246
IRS990/TravelGrp/ManagementAndGeneralAmt0899
IRS990/TravelGrp/ProgramServicesAmt013191
IRS990/TravelGrp/TotalAmt016336
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt085 PARKWAY ROAD NO 2
IRS990/USAddress/CityNm0BRONXVILLE
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010708
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.MANYHOPES.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHY TUNSLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02102626112
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MANY HOPES INC
ReturnHeader/Filer/BusinessNameControlTxt0MANY
ReturnHeader/Filer/EIN0392067502
ReturnHeader/Filer/PhoneNum02102626112
ReturnHeader/Filer/USAddress/AddressLine1Txt085 PARKWAY ROAD NO 2
ReturnHeader/Filer/USAddress/CityNm0BRONXVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010708
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0821154822
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KOKINOS WATERMAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0220 BROADWAY SUITE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LYNNFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0019402352

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.04$2.10$5.40$4.92$0.47
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.02$1.45$2.90$4.43$1.53
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.01$0.03$2.98$3.90$3.63$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.00$2.69$1.88$1.17$0.72
2020Detailed filing. Detailed filing data is available for this year.$1.83$0.03$1.80$1.03$0.48$0.55
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.00$1.25$1.38$1.16$0.22
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.13$1.00$1.53$1.49$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.01$1.08$1.46$1.59$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.00$1.20$1.43$1.34$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.23$1.11$0.98$0.99$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.93$0.84$0.09
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.06$0.01$1.05$0.85$0.62$0.23
2012Summary only. Only limited summary data is available for this year.$1.05$0.23$0.82$0.59$0.48$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.71$0.32