Civic Intelligence

Give Hope 2 Kids

990 • Fiscal year 2019 • EIN 42-1668231

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 25, 2020

15639 Wake St NEHam Lake, MN 55304

(612) 500-0058

Siviq Scores

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

Liabilities / Assets

61st percentile

0.08x

Higher debt load relative to assets than 61% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

76th percentile

0.19x

Higher debt load relative to revenue than 76% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

54th percentile

$13,720

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

61st percentile

8.0%

Faster asset growth than 61% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

55th percentile

6.3%

Faster revenue growth than 55% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$708,600

Up $52,408 (+8.0%) from 2018

Net Assets

Up

$654,266

Up $85,717 (+15%) from 2018

Liabilities

Down

$54,334

Down $33,309 (-38%) from 2018

Revenue

Up

$282,834

Up $16,764 (+6.3%) from 2018

Expenses

Up

$197,083

Up $2,743 (+1.4%) from 2018

Net Income

Up

$85,751

Up $14,021 (+20%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $237,449Liabilities 2010: $375Net Assets 2010: $237,0742010Assets 2011: $281,767Liabilities 2011: $273Net Assets 2011: $281,4942011Assets 2012: $326,965Liabilities 2012: $384Net Assets 2012: $326,5812012Assets 2013: $304,227Liabilities 2013: $7802013Assets 2014: $336,556Liabilities 2014: $520Net Assets 2014: $336,0362014Assets 2015: $368,640Liabilities 2015: $3,583Net Assets 2015: $365,0572015Assets 2016: $372,712Liabilities 2016: $5,427Net Assets 2016: $367,2852016Assets 2017: $503,094Liabilities 2017: $6,275Net Assets 2017: $496,8192017Assets 2018: $656,192Liabilities 2018: $87,643Net Assets 2018: $568,5492018Assets 2019: $708,600Liabilities 2019: $54,334Net Assets 2019: $654,2662019Assets 2020: $926,667Liabilities 2020: $221,405Net Assets 2020: $705,2622020Assets 2021: $961,368Liabilities 2021: $197,383Net Assets 2021: $763,9852021Assets 2022: $974,368Liabilities 2022: $162,010Net Assets 2022: $812,3582022Assets 2023: $981,767Liabilities 2023: $142,697Net Assets 2023: $839,0702023Assets 2024: $992,808Liabilities 2024: $116,484Net Assets 2024: $876,3242024

Highlighted filing

2019

Assets$708,600
Liabilities$54,334
Net Assets$654,266

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2010: $101,873Expenses 2010: $65,749Net Income 2010: $36,1242010Revenue 2011: $128,434Expenses 2011: $84,014Net Income 2011: $44,4202011Revenue 2012: $157,190Expenses 2012: $112,103Net Income 2012: $45,0872012Revenue 2013: $167,597Expenses 2013: $157,256Net Income 2013: $10,3412013Revenue 2014: $189,503Expenses 2014: $156,913Net Income 2014: $32,5902014Revenue 2015: $165,918Expenses 2015: $123,023Net Income 2015: $42,8952015Revenue 2016: $160,225Expenses 2016: $143,495Net Income 2016: $16,7302016Revenue 2017: $308,374Expenses 2017: $178,840Net Income 2017: $129,5342017Revenue 2018: $266,070Expenses 2018: $194,340Net Income 2018: $71,7302018Revenue 2019: $282,834Expenses 2019: $197,083Net Income 2019: $85,7512019Revenue 2020: $269,698Expenses 2020: $218,702Net Income 2020: $50,9962020Revenue 2021: $311,019Expenses 2021: $252,295Net Income 2021: $58,7242021Revenue 2022: $323,048Expenses 2022: $274,675Net Income 2022: $48,3732022Revenue 2023: $326,129Expenses 2023: $299,417Net Income 2023: $26,7122023Revenue 2024: $318,755Expenses 2024: $281,501Net Income 2024: $37,2542024

Highlighted filing

2019

Revenue$282,834
Expenses$197,083
Net Income$85,751
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 25, 2020
Return Version
2019v5.0
Gross Receipts
$282,834
Mission and Program Overview

Mission

Give Hope 2 Kids exists to provide shelter, education, and a stable home life for orphaned and abandoned children so that they can develop into healthy adults who will have a positive impact in their culture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$568,549$654,266▲ $85,717
Land, Buildings, and Equipment, Net$583,008$614,048▲ $31,040
Cash and Non-Interest-Bearing Accounts$68,810$85,927▲ $17,117
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$656,192$708,600▲ $52,408
Other Assets Total$4,374$8,625▲ $4,251
Liabilities
Mortgage Notes Payable Secured by Investment Property$70,000$41,999▼ $28,001
Unsecured Notes Loans Payable$16,863$11,555▼ $5,308
Accounts Payable and Accrued Expenses$780$780→ $0
Grants Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$87,643$54,334▼ $33,309
Net Assets / Fund Balance
Total Net Assets Fund Balance$568,549$654,266▲ $85,717
Total Liabilities and Net Assets / Fund Balance$656,192$708,600▲ $52,408

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$265,567$69,433$335,000
Land$288,055-$288,055
Equipment$60,426$26,864$87,290
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason FurrowPresidentFT$10,200$3,520$13,720
Sarah FurrowAdministratorPT$10,200-$10,200

Board Members and Trustees

NameTitle
Mike NosserSecretary & Treasurer / Board Chair
Lance RatzeVice President
Casey HelbachBoard Member
Gerald ColeBoard Member
Paul FurrowBoard Member
Ron VonWaldBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$282,834
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$282,834
Change in Net Assets
$85,751
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$171,603
Salaries, Compensation, and Employee Benefits$25,480
Total Fundraising Expense$11,347
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$16,961$0$0$16,961
Travel$10,822$0$2,002$12,824
Other Salaries and Wages$2,040$4,080$4,080$10,200
Current Officers, Directors, Trustees, and Key Employees$4,080$2,040$4,080$10,200
Other Expenses$7,764$0$0$7,764
Occupancy$7,252$0$0$7,252
Office Expenses$0$3,555$0$3,555
Other Employee Benefits$0$3,520$0$3,520
Insurance$2,990$0$0$2,990
Information Technology$761$1,116$571$2,448
Payroll Taxes$0$1,560$0$1,560
Fees for Services Legal$0$950$0$950
Advertising$0$0$614$614
Fees for Services Accounting$0$40$0$40
Total Functional Expenses$168,875$16,861$11,347$197,083
International Activity

International Summary

Offices
2
Employees
18
Spending
$160,774

International Compliance

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
Central America and the CaribbeanProgram ServicesChildren's Home Program, Educational Programs, Agricultural Program218$160,774
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Jason Furrow and Paul Furrow have a family relationship. Jason Furrow and Sarah Furrow have a family relationship.

Form 990, Part VI, Section A, Line 8B

We do not have any committees that can act on the behalf of the governing body.

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

We will send a copy of the completed 990 to our Board Members.

Form 990, Part VI, Section C, Line 19

These are available upon request.

Filing and Contact Details

Filer

Filer Name
Give Hope 2 Kids
EIN
42-1668231
Phone
6125000058
Address
15639 Wake St NE, Ham Lake, MN 55304

Signing Officer

Name
Jason Furrow
Title
President
Phone
6125000058
Signed
2020-09-25

Organization Details

Principal Officer
Jason Furrow
Formed
2005
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
6
Employees
2
Volunteers
115
Raw XML AppendixShowing 400 of 632 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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IRS990/LandBldgEquipAccumDeprecAmt096297
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0583008
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0614048
IRS990/LandBldgEquipCostOrOtherBssAmt0710345
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Give Hope 2 Kids exists to provide shelter, education, and a stable home life for orphaned and abandoned children so that they can develop into healthy adults who will have a positive impact in their culture.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt070000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt041999
IRS990/NetAssetsOrFundBalancesBOYAmt0568549
IRS990/NetAssetsOrFundBalancesEOYAmt0654266
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt07252
IRS990/OccupancyGrp/TotalAmt07252
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03555
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt03555
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04374
IRS990/OtherAssetsTotalGrp/EOYAmt08625
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03520
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03520
IRS990/OtherExpensesGrp/Desc0Children's Home Living Expenses
IRS990/OtherExpensesGrp/Desc1Educational Program
IRS990/OtherExpensesGrp/Desc2Agricultural Program
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt0103834
IRS990/OtherExpensesGrp/ProgramServicesAmt112371
IRS990/OtherExpensesGrp/ProgramServicesAmt27764
IRS990/OtherExpensesGrp/TotalAmt0103834
IRS990/OtherExpensesGrp/TotalAmt112371
IRS990/OtherExpensesGrp/TotalAmt27764
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04080
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04080
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02040
IRS990/OtherSalariesAndWagesGrp/TotalAmt010200
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01560
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt01560
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Jason Furrow
IRS990/PriorPeriodAdjustmentsAmt0-34
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Educational Program -- We provided high school scholarships for 12 students. We ran a homeschool program for 26 elementary students for an entire school year. We offered some trade school workshops to 25 students.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt012371
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Agricultural Program -- We operate a farm with dairy cows, pigs, fruit orchards, coffee, and hard woods to help our non-profit become self-sustaining.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07764
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0265910
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0168980
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0160
IRS990/PYRevenuesLessExpensesAmt071730
IRS990/PYSalariesCompEmpBnftPaidAmt025360
IRS990/PYTotalExpensesAmt0194340
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0266070
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt085751
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.93$1.16$8.76$3.19$2.82$0.37
2023Detailed filing. Detailed filing data is available for this year.$9.82$1.43$8.39$3.26$2.99$0.27
2022Detailed filing. Detailed filing data is available for this year.$9.74$1.62$8.12$3.23$2.75$0.48
2021Detailed filing. Detailed filing data is available for this year.$9.61$1.97$7.64$3.11$2.52$0.59
2020Detailed filing. Detailed filing data is available for this year.$9.27$2.21$7.05$2.70$2.19$0.51
2019Detailed filing. Detailed filing data is available for this year.$7.09$0.54$6.54$2.83$1.97$0.86
2018Detailed filing. Detailed filing data is available for this year.$6.56$0.88$5.69$2.66$1.94$0.72
2017Detailed filing. Detailed filing data is available for this year.$5.03$0.06$4.97$3.08$1.79$1.30
2016Detailed filing. Detailed filing data is available for this year.$3.73$0.05$3.67$1.60$1.43$0.17
2015Detailed filing. Detailed filing data is available for this year.$3.69$0.04$3.65$1.66$1.23$0.43
2014Detailed filing. Detailed filing data is available for this year.$3.37$0.01$3.36$1.90$1.57$0.33
2013Summary only. Only limited summary data is available for this year.$3.04$0.01$1.68$1.57$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$0.00$3.27$1.57$1.12$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.00$2.81$1.28$0.84$0.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.00$2.37$1.02$0.66$0.36