Civic Intelligence

Give Hope 2 Kids

990 • Fiscal year 2020 • EIN 42-1668231

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 16, 2021

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

72nd percentile

0.24x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

0.82x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

69th percentile

19%

Higher net margin than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

56th percentile

$15,937

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

75th percentile

31%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

44th percentile

-4.6%

Faster revenue growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$926,667

Up $218,067 (+31%) from 2019

Net Assets

Up

$705,262

Up $50,996 (+7.8%) from 2019

Liabilities

Up

$221,405

Up $167,071 (+307%) from 2019

Revenue

Down

$269,698

Down $13,136 (-4.6%) from 2019

Expenses

Up

$218,702

Up $21,619 (+11%) from 2019

Net Income

Down

$50,996

Down $34,755 (-41%) from 2019

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

2020

Assets$926,667
Liabilities$221,405
Net Assets$705,262

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

2020

Revenue$269,698
Expenses$218,702
Net Income$50,996
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 16, 2021
Return Version
2020v4.0
Gross Receipts
$290,698
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
Land, Buildings, and Equipment, Net$614,048$819,202▲ $205,154
Cap Stk Tr Prin Current Funds$654,266$705,262▲ $50,996
Cash and Non-Interest-Bearing Accounts$85,927$74,907▼ $11,020
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$708,600$926,667▲ $218,067
Other Assets Total$8,625$32,558▲ $23,933
Liabilities
Mortgage Notes Payable Secured by Investment Property$41,999$211,370▲ $169,371
Unsecured Notes Loans Payable$11,555$9,163▼ $2,392
Accounts Payable and Accrued Expenses$780$872▲ $92
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$54,334$221,405▲ $167,071
Net Assets / Fund Balance
Total Net Assets Fund Balance$654,266$705,262▲ $50,996
Total Liabilities and Net Assets / Fund Balance$708,600$926,667▲ $218,067

Asset Categories

AssetBook ValueDepreciationBasis
Land$477,055-$477,055
Buildings$260,073$79,927$340,000
Equipment$68,583$32,907$101,490
Other Land Buildings$13,491$0$13,491
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason FurrowPresidentFT$11,400$4,537$15,937
Sarah FurrowAdministratorPT$11,400-$11,400

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$265,413
Program Service Revenue
$185
Investment Income
$4,100
Other Revenue
$0
All Other Contributions
$265,413
Change in Net Assets
$50,996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$189,621
Salaries, Compensation, and Employee Benefits$29,081
Total Fundraising Expense$20,173
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$20,329$0$0$20,329
Travel$4,182$0$7,980$12,162
Other Salaries and Wages$2,280$4,560$4,560$11,400
Current Officers, Directors, Trustees, and Key Employees$4,560$2,280$4,560$11,400
Occupancy$9,508$0$0$9,508
Other Expenses$8,657$0$0$8,657
Other Employee Benefits$0$4,537$0$4,537
Office Expenses$0$3,418$0$3,418
Information Technology$1,960$628$260$2,848
Advertising$0$0$2,628$2,628
Payroll Taxes$0$1,744$0$1,744
Fees for Services Legal$0$841$0$841
Conferences and Meetings$0$0$185$185
Total Functional Expenses$180,521$18,008$20,173$218,702
International Activity

International Summary

Offices
2
Employees
15
Spending
$164,517

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 ServicesKids' Home & Other Programs215$164,517
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 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

They 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
2021-07-16

Organization Details

Principal Officer
Jason Furrow
Formed
2005
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
6
Employees
2
Volunteers
15
Raw XML AppendixShowing 400 of 657 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/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0112834
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0614048
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0819202
IRS990/LandBldgEquipCostOrOtherBssAmt0932036
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt021000
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
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/BOYAmt041999
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0211370
IRS990/NetAssetsOrFundBalancesBOYAmt0654266
IRS990/NetAssetsOrFundBalancesEOYAmt0705262
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt04100
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04100
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt09508
IRS990/OccupancyGrp/TotalAmt09508
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03418
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt03418
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08625
IRS990/OtherAssetsTotalGrp/EOYAmt032558
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04537
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04537
IRS990/OtherExpensesGrp/Desc0Children's Home Living Expenses
IRS990/OtherExpensesGrp/Desc1Agricultural Program
IRS990/OtherExpensesGrp/Desc2Educational Program (beyond IT)
IRS990/OtherExpensesGrp/Desc3Loss on Worthless Equipment Fixed Asset
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0110251
IRS990/OtherExpensesGrp/ProgramServicesAmt112095
IRS990/OtherExpensesGrp/ProgramServicesAmt26699
IRS990/OtherExpensesGrp/ProgramServicesAmt38657
IRS990/OtherExpensesGrp/TotalAmt0110251
IRS990/OtherExpensesGrp/TotalAmt112095
IRS990/OtherExpensesGrp/TotalAmt26699
IRS990/OtherExpensesGrp/TotalAmt38657
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04560
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04560
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02280
IRS990/OtherSalariesAndWagesGrp/TotalAmt011400
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/ManagementAndGeneralAmt01744
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt01744
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/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0111998
IRS990/ProgramServiceRevenueGrp/Desc0Coffee Sales
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0185
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0185
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Educational Program -- We provided high school scholarships for 13 students and university scholarships for 3 students. We ran a homeschool program for 14 elementary students.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt08659
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Agricultural Program -- We operate a farm with cows, fruit orchards, coffee, and hard woods to help our non-profit become self-sustaining.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt012095
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0185
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0282834
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0171603
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt085751
IRS990/PYSalariesCompEmpBnftPaidAmt025480
IRS990/PYTotalExpensesAmt0197083
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0282834
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt050996
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00

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