Civic Intelligence

Hanover Home Care Inc

990EZ • Fiscal year 2019 • EIN 45-2406904

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 15, 2020

Organization ProfileN/A
305 S Hanover StHastings, MI 49058

(616) 498-6103

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

77th percentile

0.04x

Higher debt load relative to revenue than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

78th percentile

23%

Higher net margin than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

86th percentile

$27,974

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 14.3% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

68th percentile

16%

Faster asset growth than 68% of similar nonprofits.

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

Revenue Growth

35th percentile

-9.0%

Faster revenue growth than 35% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$200,191

Up $26,886 (+16%) from 2018

Net Assets

Up

$191,600

Up $44,562 (+30%) from 2018

Liabilities

Down

$8,591

Down $17,677 (-67%) from 2018

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin78th percentile

Revenue

Down

$195,972

Down $19,464 (-9.0%) from 2018

Expenses

Down

$151,410

Down $13,967 (-8.4%) from 2018

Net Income

Down

$44,562

Down $5,497 (-11%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$600K$400K$200K$0-$200KAssets 2012: $25,634Liabilities 2012: $13,3242012Assets 2013: $3,037Liabilities 2013: $24,6972013Assets 2014: $3,981Liabilities 2014: $24,0262014Assets 2015: $29,767Liabilities 2015: -$29,9352015Assets 2016: $55,144Liabilities 2016: $9,5312016Assets 2017: $206,706Liabilities 2017: $23,836Net Assets 2017: $182,8702017Assets 2018: $173,305Liabilities 2018: $26,268Net Assets 2018: $147,0382018Assets 2019: $200,191Liabilities 2019: $8,591Net Assets 2019: $191,6002019Assets 2020: $246,863Liabilities 2020: $8,562Net Assets 2020: $238,3012020Assets 2021: $304,346Liabilities 2021: $8,562Net Assets 2021: $295,7842021Assets 2022: $339,584Liabilities 2022: $0Net Assets 2022: $339,5842022Assets 2023: $381,412Liabilities 2023: $0Net Assets 2023: $381,4122023Assets 2024: $406,276Liabilities 2024: $0Net Assets 2024: $406,2762024

Highlighted filing

2019

Assets$200,191
Liabilities$8,591
Net Assets$191,600
Open 2019 Filing

Operations Trend

Revenue Growth35th percentile

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

$300K$200K$100K$0-$100KRevenue 2012: $63,863Expenses 2012: $55,551Net Income 2012: $8,3122012Revenue 2013: $61,526Expenses 2013: $83,186Net Income 2013: -$21,6602013Revenue 2014: $91,363Expenses 2014: $89,748Net Income 2014: $1,6152014Revenue 2015: $112,375Expenses 2015: $94,956Net Income 2015: $17,4192015Revenue 2016: $119,320Expenses 2016: $95,127Net Income 2016: $24,1932016Revenue 2017: $272,317Expenses 2017: $144,231Net Income 2017: $128,0862017Revenue 2018: $215,436Expenses 2018: $165,377Net Income 2018: $50,0592018Revenue 2019: $195,972Expenses 2019: $151,410Net Income 2019: $44,5622019Revenue 2020: $122,220Expenses 2020: $75,519Net Income 2020: $46,7012020Revenue 2021: $151,110Expenses 2021: $93,627Net Income 2021: $57,4832021Revenue 2022: $149,066Expenses 2022: $105,266Net Income 2022: $43,8002022Revenue 2023: $128,814Expenses 2023: $86,986Net Income 2023: $41,8282023Revenue 2024: $102,840Expenses 2024: $77,976Net Income 2024: $24,8642024

Highlighted filing

2019

Revenue$195,972
Expenses$151,410
Net Income$44,562
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 15, 2020
Return Version
2019v5.0
Gross Receipts
$195,972
Mission and Program Overview

Mission

To provide personalized health care and assisted living services for low income individuals with mental illness, developmental disabilities, and physical handicaps.

To provide personalized health care and support for low income individuals with mental illness, developmental disabilities and physical handicaps.

Program Services

DescriptionGrantsExpenses
To provide health care and support for low income individuals with mental illness, developmental disabilities and physical handicaps.--
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Pauline ObasiSecretaryFT$27,974-$27,974
Dozie ObasiDirectorPT$6,731-$6,731
Bede ObasiDirectorPT$0--
Jennifer ObasiDirector-$0--
Filing and Contact Details

Filer

Filer Name
Hanover Home Care Inc
EIN
45-2406904
Phone
6164986103
Address
305 S Hanover St, Hastings, MI 49058

Signing Officer

Name
Bede Obasi
Title
President
Signed
2020-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Precision CPA Tax & Accounting LLC
Address
223 Central Street, Battle Creek, MI 49017
Preparer
Bede E Obasi CPA
Phone
6164986103
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $183”

Other Expenses.1002

“Office Expenses $10153”

Other Expenses.1003

“Information Technology $3490”

Other Expenses.1005

“Travel $173”

Other Expenses.1008

“Interest $341”

Other Expenses.1009

“Depreciation $1612”

Other Expenses.1012

“Insurance $14046”

Other Expenses.1

“Supplies $17383”

Other Expenses.2

“Utilities $15767”

Other Expenses.3

“Repairs & Maintenance $11170”

Other Expenses.4

“Business Licenses & Permit $1071”

Other Assets.1005

“Accounts Receivable - Beginning $5400 Accounts Receivable - Ending $0”

Other Assets.1007

“Receivables-Officers, Directors, Etc. - Beginning $9469 Receivables-Officers, Directors, Etc. - Ending $9469”

Other Assets.1009

“Notes and Loans Receivable - Beginning $0 Notes and Loans Receivable - Ending $11715”

Other Assets.1

“- Beginning $0 - Ending $5109”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $8406 Accounts Payable and Accrued Expenses - Ending $0”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $12150 Payable to Officers, Directors, Etc. - Ending $8591”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $5711 Secured Mortgages and Notes Payable - Ending $0”

Raw XML Appendix164 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/PhoneNum06164986103
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0305 S Hanover St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Hastings
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd049058
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0115713
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0132787
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0191600
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt150.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Bede Obasi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Pauline Obasi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Dozie Obasi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jennifer Obasi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt014869
IRS990EZ/OtherAssetsTotalDetail/EOYAmt026293
IRS990EZ/OtherExpensesTotalAmt075389
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide personalized health care and support for low income individuals with mental illness, developmental disabilities and physical handicaps.
IRS990EZ/ProgramServiceRevenueAmt0195972
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide health care and support for low income individuals with mental illness, developmental disabilities and physical handicaps.
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt034705
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt026267
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt08591
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0151410
IRS990EZ/TotalRevenueAmt0195972
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $183
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $10153
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $3490
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Interest $341
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Depreciation $1612
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance $14046
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Supplies $17383
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Utilities $15767
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Repairs & Maintenance $11170
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Business Licenses & Permit $1071
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Accounts Receivable - Beginning $5400 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Receivables-Officers, Directors, Etc. - Beginning $9469 Receivables-Officers, Directors, Etc. - Ending $9469
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Notes and Loans Receivable - Beginning $0 Notes and Loans Receivable - Ending $11715
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14- Beginning $0 - Ending $5109
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Accounts Payable and Accrued Expenses - Beginning $8406 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Payable to Officers, Directors, Etc. - Beginning $12150 Payable to Officers, Directors, Etc. - Ending $8591
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Secured Mortgages and Notes Payable - Beginning $5711 Secured Mortgages and Notes Payable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1009
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Total Liabilities.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Total Liabilities.1007
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Bede Obasi
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Hanover Home Care Inc
ReturnHeader/Filer/BusinessNameControlTxt0HANO
ReturnHeader/Filer/EIN0452406904
ReturnHeader/Filer/PhoneNum06164986103
ReturnHeader/Filer/USAddress/AddressLine1Txt0305 S Hanover St
ReturnHeader/Filer/USAddress/CityNm0Hastings
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049058
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814090768
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Precision CPA Tax & Accounting LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0223 Central Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Battle Creek
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049017
ReturnHeader/PreparerPersonGrp/PhoneNum06164986103
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Bede E Obasi CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-15T19:52:10-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$200,191
Liabilities
$8,591
Net assets
$191,600
Revenue
$195,972
Expenses
$151,410
Net income
$44,562
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.06$0.00$4.06$1.03$0.78$0.25
2023Detailed filing. Detailed filing data is available for this year.$3.81$0.00$3.81$1.29$0.87$0.42
2022Detailed filing. Detailed filing data is available for this year.$3.40$0.00$3.40$1.49$1.05$0.44
2021Detailed filing. Detailed filing data is available for this year.$3.04$0.09$2.96$1.51$0.94$0.57
2020Detailed filing. Detailed filing data is available for this year.$2.47$0.09$2.38$1.22$0.76$0.47
2019Detailed filing. Detailed filing data is available for this year.$2.00$0.09$1.92$1.96$1.51$0.45
2018Summary only. Only limited summary data is available for this year.$1.73$0.26$1.47$2.15$1.65$0.50
2017Summary only. Only limited summary data is available for this year.$2.07$0.24$1.83$2.72$1.44$1.28
2016Summary only. Only limited summary data is available for this year.$0.55$0.10$1.19$0.95$0.24
2015Summary only. Only limited summary data is available for this year.$0.30$0.30$1.12$0.95$0.17
2014Summary only. Only limited summary data is available for this year.$0.04$0.24$0.91$0.90$0.02
2013Summary only. Only limited summary data is available for this year.$0.03$0.25$0.62$0.83$0.22
2012Summary only. Only limited summary data is available for this year.$0.26$0.13$0.64$0.56$0.08