Civic Intelligence

Hope Heals Inc

990 • Fiscal year 2018 • EIN 46-2623503

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 08, 2019

4279 Roswell Rd NE Ste 208 270Atlanta, GA 30342

(310) 651-1360

Siviq Scores

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

Liabilities / Assets

41st percentile

0.04x

Higher debt load relative to assets than 41% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

86th percentile

35%

Higher net margin than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

88th percentile

$184,020

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 18.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

97th percentile

137%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

94th percentile

107%

Faster revenue growth than 94% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$570,224

Up $329,239 (+137%) from 2017

Net Assets

Up

$544,737

Up $341,887 (+169%) from 2017

Liabilities

Down

$25,487

Down $12,648 (-33%) from 2017

Revenue

Up

$973,940

Up $502,359 (+107%) from 2017

Expenses

Up

$632,052

Up $205,315 (+48%) from 2017

Net Income

Up

$341,888

Up $297,044 (+662%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $41,219Net Assets 2013: $41,2192013Assets 2014: $114,743Liabilities 2014: $51Net Assets 2014: $114,6922014Assets 2015: $61,187Liabilities 2015: $14,082Net Assets 2015: $47,1052015Assets 2016: $177,468Liabilities 2016: $19,344Net Assets 2016: $158,1242016Assets 2017: $240,985Liabilities 2017: $38,135Net Assets 2017: $202,8502017Assets 2018: $570,224Liabilities 2018: $25,487Net Assets 2018: $544,7372018Assets 2019: $735,417Liabilities 2019: $11,782Net Assets 2019: $723,6352019Assets 2020: $1,091,030Liabilities 2020: $10,416Net Assets 2020: $1,080,6142020Assets 2021: $1,760,393Liabilities 2021: $24,011Net Assets 2021: $1,736,3822021Assets 2022: $2,250,900Liabilities 2022: $30,187Net Assets 2022: $2,220,7132022Assets 2023: $3,814,667Liabilities 2023: $471,134Net Assets 2023: $3,343,5332023Assets 2024: $4,495,699Liabilities 2024: $66,040Net Assets 2024: $4,429,6592024

Highlighted filing

2018

Assets$570,224
Liabilities$25,487
Net Assets$544,737

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $106,709Expenses 2013: $65,490Net Income 2013: $41,2192013Revenue 2014: $209,715Expenses 2014: $136,242Net Income 2014: $73,4732014Revenue 2015: $149,206Expenses 2015: $216,793Net Income 2015: -$67,5872015Revenue 2016: $381,090Expenses 2016: $270,071Net Income 2016: $111,0192016Revenue 2017: $471,581Expenses 2017: $426,737Net Income 2017: $44,8442017Revenue 2018: $973,940Expenses 2018: $632,052Net Income 2018: $341,8882018Revenue 2019: $1,126,821Expenses 2019: $947,923Net Income 2019: $178,8982019Revenue 2020: $1,250,454Expenses 2020: $893,475Net Income 2020: $356,9792020Revenue 2021: $1,872,363Expenses 2021: $1,252,085Net Income 2021: $620,2782021Revenue 2022: $2,283,141Expenses 2022: $1,755,982Net Income 2022: $527,1592022Revenue 2023: $3,557,703Expenses 2023: $2,337,518Net Income 2023: $1,220,1852023Revenue 2024: $3,635,141Expenses 2024: $2,794,618Net Income 2024: $840,5232024

Highlighted filing

2018

Revenue$973,940
Expenses$632,052
Net Income$341,888
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$1,081,424
Mission and Program Overview

Mission

To offer resources, rest, and relationships to people with broken bodies, broken brains, and broken hearts.

We redefine healing and manifest hope by creatively sharing our story of shattered expectations replaced with extraordinary life in jesus christ.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$211,533$524,274▲ $312,741
Intangible Assets$14,736$22,570▲ $7,834
Land, Buildings, and Equipment, Net$7,921$14,225▲ $6,304
Inventories for Sale or Use$3,500$6,500▲ $3,000
Investments in Publicly Traded Securities$3,295$2,655▼ $640
Loans From Officers Directors$17,947$1,395▼ $16,552
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$240,985$570,224▲ $329,239
Other Assets Total-$0-
Liabilities
Other Liabilities$20,188$24,092▲ $3,904
Total Liabilities$38,135$25,487▼ $12,648
Net Assets / Fund Balance
Unrestricted Net Assets$202,850$544,737▲ $341,887
Total Net Assets Fund Balance$202,850$544,737▲ $341,887
Total Liabilities and Net Assets / Fund Balance$240,985$570,224▲ $329,239

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,225$9,207$23,432
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jay WolfCOOFT$176,623$7,397$184,020

Board Members and Trustees

NameTitle
Katherine WolfPresident & CEO
Brooke TurpinDirector
Christine MetzlerDirector
Mark AckermanDirector
Sarah ReimersDirector
Willis RobertsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$861,156
Program Service Revenue
$124,877
Investment Income
$-969
Other Revenue
$-11,124
All Other Contributions
$771,784
Change in Net Assets
$341,888
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$416,888
Salaries, Compensation, and Employee Benefits$212,829
Total Fundraising Expense$44,542
Grants and Similar Amounts Paid$2,335
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$127,448$37,161$19,411$184,020
Occupancy$140,704$12,542$2,215$155,461
Fees for Services Other$49,894$11,936$6,906$68,736
All Other Expenses$45,558$4,898$4,934$55,390
Travel$29,318$5,986$1,635$36,939
Other Salaries and Wages$11,239$3,333$1,741$16,313
Information Technology$10,662$3,828$652$15,142
Payroll Taxes$8,651$2,526$1,319$12,496
Other Expenses$3,994$5,905$1,076$10,975
Fees for Services Accounting-$10,297-$10,297
Office Expenses$3,099$3,090$563$6,752
Depreciation Depletion$730$2,192$663$3,585
Grants to Domestic Orgs$2,335--$2,335
Advertising$1,116-$604$1,720
Insurance$240--$240
Total Functional Expenses$475,152$112,358$44,542$632,052
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,083
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Camp Fundrasing$89,372-$3,883-
Total Events$89,372-$9,083$-9,083
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$17,947$1,395▼ $16,552
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
American Express$22,735
Sales Tax Payable$1,357
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

CEO and COO are married.

Form 990, Part VI, Line 11B: Form 990 Review Process

Copies of 990 provided to all members of board before next board meeting after completed draft. During meeting, 990 will be discussed and voted upon.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, conflict of interest policies and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Hope Heals Inc
EIN
46-2623503
Phone
3106511360
Address
4279 ROSWELL RD NE STE 208 270, ATLANTA, GA 30342

Signing Officer

Name
Jay Wolf
Title
COO
Signed
2019-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Wolf
Formed
2013
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
2

Preparer

Firm
Sutherland Campbell Tax & Financial Services Inc
Address
9116 Sunland Blvd STE 102, Sun Valley, CA 91352
Preparer
Jeremy Vance
Phone
8187681858
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: hope heals prayer - inspired by the digital prayer network set up following the founder's stroke, this project will create a digital prayer network for people who desire to pray as well as those who desire to be prayed for. Requests are compiled through the organization's website and distributed via email and social media. Other program services 5: hope heals camp - a healing community offering rest, resources, and relationships to individuals and families affected by disability. The camp is open to any aged person with any type of disability from any where. Campers are assigned volunteer companions for the week and the community is fostered through camp experiences (games and physical activities for all abilities, talent show, arts & crafts, music) as well as spiritual and therapeutic resourcing (worship, biblical teaching, small groups, personal reflections, marriage & family therapy, and group therapy sessions). The intention is for this community to continue after the in-person camp experience. This will be facilitated digitally and physically through private facebook groups, social media, email correspondence, paper mailings, and a reunion-type gathering. Other program services 6: hope heals book - the memoir of the organization's founder written to encourage and inspire those facing similar medical struggles as well as all searching for god in the midst of their pain. The book is distributed nationwide through all major book sellers. Free copies of the book have been donated by the organization to partner organizations to specifically distribute to individuals and families dealing with stroke, brain injury, or disability. Other program services 7: hope heals box - mailed care packages sent to people in acute medical situations. The boxes include encouraging and practical items curated by the founder of hope heals, katherine, who was also the recipient of many kind gifts during her long hospital stays. Recipients are nominated by their loved ones. Boxes are sponsored by donors.

Other Changes In Net Assets Or Fund Balances - Other Decreases

ROUNDING = -$3

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