Civic Intelligence

Hope U Inc

990EZ • Fiscal year 2016 • EIN 46-4809349

Jan 01, 2016 to Dec 31, 2016 • Filed on May 30, 2017

1400 18th StreetChesapeake, VA 23324

(757) 227-5444

Siviq Scores

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

Liabilities / Assets

99th percentile

25.48x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

0.27x

Higher debt load relative to revenue than 89% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

60th percentile

7.9%

Higher net margin than 60% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

3rd percentile

-84%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

21st percentile

-24%

Faster revenue growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$867

Down $4,697 (-84%) from 2015

Net Assets

-$21,222

No earlier filing loaded for comparison.

Liabilities

Down

$22,089

Down $7,085 (-24%) from 2015

Revenue

Down

$82,019

Down $25,413 (-24%) from 2015

Expenses

Down

$75,518

Down $56,793 (-43%) from 2015

Net Income

Up

$6,501

Up $31,380 (+126%) from 2015

Historical Trend

Balance Sheet Trend

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

$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

2016

Assets$867
Liabilities$22,089
Net Assets-$21,222

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$82,019
Expenses$75,518
Net Income$6,501
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 30, 2017
Return Version
2016v3.0
Gross Receipts
$82,019
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.

Mission of hope u foundation: empower young people ages 14-21 who are still in foster care system to attain autonomy by teaching independent living skills, transitional life skills for preparation of exit from foster care system. Offer temporary housing, mentoring, education, reinforcement of independent living skills, transistional life skills, vocational job training for those ages 18-26 who have exited foster care system.

Program Services

DescriptionGrantsExpenses
OFFER HOUSING ASSISTANCE, MENTORING AND EDUCATON/REINFORCEMENT OF INDEPENDENT LIVING SKILLS AND TRANSITIONAL LIFE SKILLS, AS WELL AS VOCATIONAL JOB TRAINING PATHS TO THOSE YOUNG PEOPLE BETWEEN THE AGES OF 18 AND 26 WHO HAVE EXITED THE FOSTER CARE SYSTEM.-$59,222
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
2017-05-30

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 265 office 426 travel 175 insurance 3,133 repairs & maintenance 30 resident program expense 4,078 telephone 3,465 dues and subscriptions 1,590 credit card fees 498 taxes and license 362 non-investment depreciation 49 total 14,071

Form 990-ez, Part II, Line 24

Furniture & fixtures 201 201 less accumulated depreciation 29 78 total 172 123

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 4,113 89 unsecured notes and loans payable 24,985 22,000 resident savings 4,189 0

Form 990-ez, Part III

Mission of hope u foundation: empower young people ages 14-21 who are still in foster care system to attain autonomy by teaching independent living skills, transitional life skills for preparation of exit from foster care system. Offer temporary housing, mentoring, education, reinforcement of independent living skills, transistional life skills, vocational job training for those ages 18-26 who have exited foster care system.

Form 990-ez, Part III, Line 28

Offer housing assistance, mentoring and educaton/reinforcement of independent living skills and transitional life skills, as well as vocational job training paths to those young people between the ages of 18 and 26 who have exited the foster care system.

Raw XML Appendix130 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 265 OFFICE 426 TRAVEL 175 INSURANCE 3,133 REPAIRS & MAINTENANCE 30 RESIDENT PROGRAM EXPENSE 4,078 TELEPHONE 3,465 DUES AND SUBSCRIPTIONS 1,590 CREDIT CARD FEES 498 TAXES AND LICENSE 362 NON-INVESTMENT DEPRECIATION 49 TOTAL 14,071
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE & FIXTURES 201 201 LESS ACCUMULATED DEPRECIATION 29 78 TOTAL 172 123
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 4,113 89 UNSECURED NOTES AND LOANS PAYABLE 24,985 22,000 RESIDENT SAVINGS 4,189 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MISSION OF HOPE U FOUNDATION: EMPOWER YOUNG PEOPLE AGES 14-21 WHO ARE STILL IN FOSTER CARE SYSTEM TO ATTAIN AUTONOMY BY TEACHING INDEPENDENT LIVING SKILLS, TRANSITIONAL LIFE SKILLS FOR PREPARATION OF EXIT FROM FOSTER CARE SYSTEM. OFFER TEMPORARY HOUSING, MENTORING, EDUCATION, REINFORCEMENT OF INDEPENDENT LIVING SKILLS, TRANSISTIONAL LIFE SKILLS, VOCATIONAL JOB TRAINING FOR THOSE AGES 18-26 WHO HAVE EXITED FOSTER CARE SYSTEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFER HOUSING ASSISTANCE, MENTORING AND EDUCATON/REINFORCEMENT OF INDEPENDENT LIVING SKILLS AND TRANSITIONAL LIFE SKILLS, AS WELL AS VOCATIONAL JOB TRAINING PATHS TO THOSE YOUNG PEOPLE BETWEEN THE AGES OF 18 AND 26 WHO HAVE EXITED THE FOSTER CARE SYSTEM.
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0NICKOLAS GABRIEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-30
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ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0464809349
ReturnHeader/Filer/USAddress/AddressLine1Txt01400 18TH STREET
ReturnHeader/Filer/USAddress/CityNm0CHESAPEAKE
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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/PreparationDt02017-05-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY C PAINTER
ReturnHeader/ReturnTs02017-06-02T16:44:08-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings