Civic Intelligence

Hope U Inc

EIN 46-4809349 • 501(c)3 • Chesapeake, VA

Profile

Mission of hope u: hope u was formed for the sole purpose of helping youth achieve independence and sustainable employment through a reliable support system. Hope u works tirelessly everyday helping the community's disconnected youth - youth between the ages of 16-24 who are neither working nor in school.

1400 18th StreetChesapeake, VA 23324

www.hope-u.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.00x

Higher debt load relative to assets than 63% of similar nonprofits.

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

Liabilities / Revenue

62nd percentile

0.00x

Higher debt load relative to revenue than 62% of similar nonprofits.

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

Net Margin

56th percentile

4.7%

Higher net margin than 56% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

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

Revenue Growth

83rd percentile

43%

Faster revenue growth than 83% of similar nonprofits.

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

Assets

Up

$43,016

Up $5,557 (+15%) from 2018

Liabilities

Down

$173

Down $2,265 (-93%) from 2018

Net Assets

Up

$42,843

Up $7,822 (+22%) from 2018

Revenue

Up

$168,038

Up $50,713 (+43%) from 2018

Expenses

Up

$160,216

Up $46,518 (+41%) from 2018

Net Income

Up

$7,822

Up $4,195 (+116%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0-$20K-$40KAssets 2014: $1,269Liabilities 2014: $02014Assets 2015: $5,564Liabilities 2015: $29,1742015Assets 2016: $867Liabilities 2016: $22,089Net Assets 2016: -$21,2222016Assets 2017: $31,394Liabilities 2017: $0Net Assets 2017: $31,3942017Assets 2018: $37,459Liabilities 2018: $2,438Net Assets 2018: $35,0212018Assets 2019: $43,016Liabilities 2019: $173Net Assets 2019: $42,8432019

Highlighted filing

2019

Assets$43,016
Liabilities$173
Net Assets$42,843

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2014: $4,582Expenses 2014: $3,313Net Income 2014: $1,2692014Revenue 2015: $107,432Expenses 2015: $132,311Net Income 2015: -$24,8792015Revenue 2016: $82,019Expenses 2016: $75,518Net Income 2016: $6,5012016Revenue 2017: $108,489Expenses 2017: $55,873Net Income 2017: $52,6162017Revenue 2018: $117,325Expenses 2018: $113,698Net Income 2018: $3,6272018Revenue 2019: $168,038Expenses 2019: $160,216Net Income 2019: $7,8222019

Highlighted filing

2019

Revenue$168,038
Expenses$160,216
Net Income$7,822

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$168,038
Mission and Program Overview

Mission

Mission of hope u: hope u was formed for the sole purpose of helping youth achieve independence and sustainable employment through a reliable support system. Hope u works tirelessly everyday helping the community's disconnected youth - youth between the ages of 16-24 who are neither working nor in school.

Program Services

DescriptionGrantsExpenses
THE GOALS ARE TWO-FOLD: GOAL 1 IS TO EMPOWER YOUNG PEOPLE TO ATTAIN AUTONOMY BY TEACHING THEM INDEPENDENT LIVING SKILLS TO BETTER PREPARE THEM FOR YOUNG ADULTHOOD. THE FOCUS FOR THESE 14-21 YEAR OLDS IS SKILL DEVELOPMENT AND SMART GOAL SETTING. GOAL 2 IS TO HELP EMANCIPATED FOSTER YOUTH CONNECT AND DISCONNECTED YOUTH RE-CONNECT, OFFERING TEMPORARY FINANCIAL ASSISTANCE, MENTORING, EDUCATION AND REINFORCEMENT OF TRADITIONAL LIFE SKILLS. THE FOCUS FOR THESE 18-26 YEAR OLDS IS REMOVING BARRIERS TO EDUCATION AND EMPLOYMENT GOALS.-$170,216
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICKOLAS GABRIELPresident/TrPT$0--
BRIAN WARREN GABRIELVice PresidePT$0--
Filing and Contact Details

Filer

Filer Name
Hope U Inc
EIN
46-4809349
Address
1400 18TH STREET, CHESAPEAKE, VA 23324

Signing Officer

Name
Nickolas Gabriel
Title
President/treasurer
Signed
2020-11-13

Preparer

Firm
Barnes Brock Cornwell & Painter Plc
Address
908 EDEN WAY N STE 201, CHESAPEAKE, VA 23320-2640
Preparer
Kimberly C Painter CPA
Phone
7579615017
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 22,424 office expenses 1,284 travel 740 conferences & meetings 3,207 insurance 1,424 resident program expense 107,827 dues and subscriptions 798 credit card fees 363 taxes and license 67 miscellaneous 20 non-investment depreciation 18 total 138,172

Form 990-ez, Part II, Line 24

Furniture & fixtures 306 306 less accumulated depreciation 243 262 employee advances 135 135 other assets 0 3,437 total 198 3,616

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,438 0 payroll liabilities 0 173

Form 990-ez, Part III

Mission of hope u: hope u was formed for the sole purpose of helping youth achieve independence and sustainable employment through a reliable support system. Hope u works tirelessly everyday helping the community's disconnected youth - youth between the ages of 16-24 who are neither working nor in school.

Form 990-ez, Part III, Line 28

The goals are two-fold: goal 1 is to empower young people to attain autonomy by teaching them independent living skills to better prepare them for young adulthood. The focus for these 14-21 year olds is skill development and smart goal setting. Goal 2 is to help emancipated foster youth connect and disconnected youth re-connect, offering temporary financial assistance, mentoring, education and reinforcement of traditional life skills. The focus for these 18-26 year olds is removing barriers to education and employment goals.

Raw XML Appendix150 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0OFFICER
IRS990EZ/BooksInCareOfDetail/PhoneNum07572275444
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01400 18TH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHESAPEAKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023324
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt037261
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt039400
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0168036
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07822
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01967
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt037459
IRS990EZ/Form990TotalAssetsGrp/EOYAmt043016
IRS990EZ/GrossReceiptsAmt0168038
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt035021
IRS990EZ/NetAssetsOrFundBalancesEOYAmt042843
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt035021
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt042843
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NICKOLAS GABRIEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRIAN WARREN GABRIEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0198
IRS990EZ/OtherAssetsTotalDetail/EOYAmt03616
IRS990EZ/OtherExpensesTotalAmt0138172
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MISSION OF HOPE U: HOPE U WAS FORMED FOR THE SOLE PURPOSE OF HELPING YOUTH ACHIEVE INDEPENDENCE AND SUSTAINABLE EMPLOYMENT THROUGH A RELIABLE SUPPORT SYSTEM. HOPE U WORKS TIRELESSLY EVERYDAY HELPING THE COMMUNITY'S DISCONNECTED YOUTH - YOUTH BETWEEN THE AGES OF 16-24 WHO ARE NEITHER WORKING NOR IN SCHOOL.
IRS990EZ/PrintingPublicationsPostageAmt0444
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE GOALS ARE TWO-FOLD: GOAL 1 IS TO EMPOWER YOUNG PEOPLE TO ATTAIN AUTONOMY BY TEACHING THEM INDEPENDENT LIVING SKILLS TO BETTER PREPARE THEM FOR YOUNG ADULTHOOD. THE FOCUS FOR THESE 14-21 YEAR OLDS IS SKILL DEVELOPMENT AND SMART GOAL SETTING. GOAL 2 IS TO HELP EMANCIPATED FOSTER YOUTH CONNECT AND DISCONNECTED YOUTH RE-CONNECT, OFFERING TEMPORARY FINANCIAL ASSISTANCE, MENTORING, EDUCATION AND REINFORCEMENT OF TRADITIONAL LIFE SKILLS. THE FOCUS FOR THESE 18-26 YEAR OLDS IS REMOVING BARRIERS TO EDUCATION AND EMPLOYMENT GOALS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0170216
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt019633
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02438
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0173
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0160216
IRS990EZ/TotalProgramServiceExpensesAmt0170216
IRS990EZ/TotalRevenueAmt0168038
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.HOPE-U.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0168036
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0117322
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0108487
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt082019
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0107432
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0583296
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0583303
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0168038
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0117325
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0108489
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt082019
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0107432
IRS990ScheduleA/Total509Grp/TotalAmt0583303
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0168038
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0117325
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0108489
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt082019
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0107432
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0583303
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 22,424 OFFICE EXPENSES 1,284 TRAVEL 740 CONFERENCES & MEETINGS 3,207 INSURANCE 1,424 RESIDENT PROGRAM EXPENSE 107,827 DUES AND SUBSCRIPTIONS 798 CREDIT CARD FEES 363 TAXES AND LICENSE 67 MISCELLANEOUS 20 NON-INVESTMENT DEPRECIATION 18 TOTAL 138,172
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE & FIXTURES 306 306 LESS ACCUMULATED DEPRECIATION 243 262 EMPLOYEE ADVANCES 135 135 OTHER ASSETS 0 3,437 TOTAL 198 3,616
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,438 0 PAYROLL LIABILITIES 0 173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MISSION OF HOPE U: HOPE U WAS FORMED FOR THE SOLE PURPOSE OF HELPING YOUTH ACHIEVE INDEPENDENCE AND SUSTAINABLE EMPLOYMENT THROUGH A RELIABLE SUPPORT SYSTEM. HOPE U WORKS TIRELESSLY EVERYDAY HELPING THE COMMUNITY'S DISCONNECTED YOUTH - YOUTH BETWEEN THE AGES OF 16-24 WHO ARE NEITHER WORKING NOR IN SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOALS ARE TWO-FOLD: GOAL 1 IS TO EMPOWER YOUNG PEOPLE TO ATTAIN AUTONOMY BY TEACHING THEM INDEPENDENT LIVING SKILLS TO BETTER PREPARE THEM FOR YOUNG ADULTHOOD. THE FOCUS FOR THESE 14-21 YEAR OLDS IS SKILL DEVELOPMENT AND SMART GOAL SETTING. GOAL 2 IS TO HELP EMANCIPATED FOSTER YOUTH CONNECT AND DISCONNECTED YOUTH RE-CONNECT, OFFERING TEMPORARY FINANCIAL ASSISTANCE, MENTORING, EDUCATION AND REINFORCEMENT OF TRADITIONAL LIFE SKILLS. THE FOCUS FOR THESE 18-26 YEAR OLDS IS REMOVING BARRIERS TO EDUCATION AND EMPLOYMENT GOALS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/PersonNm0NICKOLAS GABRIEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOPE U INC
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0464809349
ReturnHeader/Filer/USAddress/AddressLine1Txt01400 18TH STREET
ReturnHeader/Filer/USAddress/CityNm0CHESAPEAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023324
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03370824862A80DCC39EED29CD8CF989E4E5ED423
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId047069C3251D3801F7D8B3AAE67543178656BCB93
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02020-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:05:40
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200221868
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARNES BROCK CORNWELL & PAINTER PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0908 EDEN WAY N STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHESAPEAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0233202640
ReturnHeader/PreparerPersonGrp/PhoneNum07579615017
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY C PAINTER CPA
ReturnHeader/ReturnTs02020-11-15T14:05:40-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.