Civic Intelligence

Thomas Hope Foundation Inc.

990 • Fiscal year 2024 • EIN 46-5277682

Mar 01, 2023 to Feb 29, 2024 • Filed on Sep 25, 2024

755 Waverly Avenue STE 205Holtsville, NY 11742

(631) 219-5285

Siviq Scores

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

Liabilities / Assets

58th percentile

0.16x

Higher debt load relative to assets than 58% of similar nonprofits.

2024 filings • NTEE F • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.05x

Higher debt load relative to revenue than 52% of similar nonprofits.

2024 filings • NTEE F • $500k-$1M nonprofits • Source year 2024

Net Margin

77th percentile

19%

Higher net margin than 77% of similar nonprofits.

2024 filings • NTEE F • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

67th percentile

$91,012

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

2024 filings • NTEE F • $500k-$1M nonprofits • Source year 2024

Asset Growth

33rd percentile

-4.8%

Faster asset growth than 33% of similar nonprofits.

2024 filings • NTEE F • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

50%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • NTEE F • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$263,811

Down $13,381 (-4.8%) from 2023

Net Assets

Up

$220,346

Up $153,542 (+230%) from 2023

Liabilities

Down

$43,465

Down $166,923 (-79%) from 2023

Revenue

Up

$795,657

Up $265,333 (+50%) from 2023

Expenses

Up

$642,115

Up $122,171 (+23%) from 2023

Net Income

Up

$153,542

Up $143,162 (+1379%) from 2023

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2015: $9,847Net Assets 2015: $9,8472015Assets 2016: $8,574Net Assets 2016: $8,5742016Assets 2017: $12,073Net Assets 2017: $12,0732017Assets 2018: $28,658Net Assets 2018: $28,6582018Assets 2019: $26,648Liabilities 2019: $1,836Net Assets 2019: $24,8122019Assets 2020: $105,858Liabilities 2020: $122,130Net Assets 2020: -$16,2722020Assets 2021: $154,639Liabilities 2021: $138,989Net Assets 2021: $15,6502021Assets 2022: $91,141Liabilities 2022: $34,717Net Assets 2022: $56,4242022Assets 2023: $277,192Liabilities 2023: $210,388Net Assets 2023: $66,8042023Assets 2024: $263,811Liabilities 2024: $43,465Net Assets 2024: $220,3462024Assets 2025: $131,435Liabilities 2025: $52,375Net Assets 2025: $79,0602025

Highlighted filing

2024

Assets$263,811
Liabilities$43,465
Net Assets$220,346

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $15,044Expenses 2015: $5,197Net Income 2015: $9,8472015Revenue 2016: $7,380Expenses 2016: $8,653Net Income 2016: -$1,2732016Revenue 2017: $24,002Expenses 2017: $20,502Net Income 2017: $3,5002017Revenue 2018: $46,732Expenses 2018: $32,420Net Income 2018: $14,3122018Revenue 2019: $202,270Expenses 2019: $214,360Net Income 2019: -$12,0902019Revenue 2020: $462,362Expenses 2020: $500,553Net Income 2020: -$38,1912020Revenue 2021: $477,215Expenses 2021: $445,293Net Income 2021: $31,9222021Revenue 2022: $525,525Expenses 2022: $484,751Net Income 2022: $40,7742022Revenue 2023: $530,324Expenses 2023: $519,944Net Income 2023: $10,3802023Revenue 2024: $795,657Expenses 2024: $642,115Net Income 2024: $153,5422024Revenue 2025: $593,782Expenses 2025: $735,068Net Income 2025: -$141,2862025

Highlighted filing

2024

Revenue$795,657
Expenses$642,115
Net Income$153,542
Jump To
Filing Snapshot
Filing Period
Mar 1, 2023 to Feb 29, 2024
Signed
Sep 25, 2024
Return Version
2023v5.1
Gross Receipts
$795,657
Mission and Program Overview

Mission

The organization is dedicated to promoting drug addiction awareness, prevention, and aiding those seeking treatment, through education, advocacy, research and treatment.

The organization is dedicated to promoting drug additction awareness, prevention and aiding those seeking treatment through education, advocacy, research and treatment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$105,080$107,810▲ $2,730
Accounts Receivable-$66,250-
Land, Buildings, and Equipment, Net$61,006$49,970▼ $11,036
Total Assets$277,192$263,811▼ $13,381
Other Assets Total$111,106$39,781▼ $71,325
Liabilities
Deferred Revenue$89,594--
Other Liabilities$104,794$27,465▼ $77,329
Accounts Payable and Accrued Expenses$11,000$11,000→ $0
Unsecured Notes Loans Payable$5,000$5,000→ $0
Total Liabilities$210,388$43,465▼ $166,923
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$66,804$220,346▲ $153,542
Total Net Assets Fund Balance$66,804$220,346▲ $153,542
Total Liabilities and Net Assets / Fund Balance$277,192$263,811▼ $13,381

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$49,970$78,739$128,709
Other Assets Org$27,181--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Linda VenturaPresidentFT$91,012$91,012
Theresa KrollTreasurer-$15,962$15,962

Board Members and Trustees

NameTitle
Jack MagnaniDirector
Karen ReassDirector
Robert KentDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$795,602
Program Service Revenue
$0
Investment Income
$55
Other Revenue
$0
All Other Contributions
$22,229
Change in Net Assets
$153,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$409,217
Other Expenses$232,898
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$326,712--$326,712
Occupancy$75,025--$75,025
Current Officers, Directors, Trustees, and Key Employees-$56,000-$56,000
Office Expenses$45,246--$45,246
Payroll Taxes$22,585$3,920-$26,505
Insurance$18,413--$18,413
Depreciation Depletion$16,536--$16,536
All Other Expenses$15,876--$15,876
Advertising$14,360--$14,360
Information Technology$10,464--$10,464
Travel$8,438--$8,438
Fees for Services Accounting$7,000--$7,000
Other Expenses$2,400--$2,400
Total Functional Expenses$582,195$59,920$0$642,115
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease - present value$27,465
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The board reviews the Form 990 before it is filed with the IRS.

Governing documents etc available to public Part VI line 19

No documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Thomas Hope Foundation Inc
EIN
46-5277682
Address
755 Waverly Avenue STE 205, Holtsville, NY 11742

Signing Officer

Name
Linda Ventura
Title
President
Phone
6312195285
Signed
2024-09-25
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
4
Employees
13

Preparer

Firm
Gary Topple CPA PC
Address
7770 Regents Road 113-628, San Diego, CA 92122
Preparer
Gary Topple
Phone
5165957080
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059920
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0582195
IRS990/TotalFunctionalExpensesGrp/TotalAmt0642115
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0210388
IRS990/TotalLiabilitiesEOYAmt043465
IRS990/TotalLiabilitiesGrp/BOYAmt0210388
IRS990/TotalLiabilitiesGrp/EOYAmt043465
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt066804
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0220346
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0582195
IRS990/TotalReportableCompFromOrgAmt0106974
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt055
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0795657
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0277192
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0263811
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt08438
IRS990/TravelGrp/TotalAmt08438
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt05000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt05000
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.thomashopefoundation.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Linda Ventura
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06312195285
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Thomas Hope Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0THOM
ReturnHeader/Filer/EIN0465277682
ReturnHeader/Filer/USAddress/AddressLine1Txt0755 Waverly Avenue STE 205
ReturnHeader/Filer/USAddress/CityNm0Holtsville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011742
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472217768
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Gary Topple CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07770 Regents Road 113-628
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Diego
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092122
ReturnHeader/PreparerPersonGrp/PhoneNum05165957080
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Gary Topple
ReturnHeader/ReturnTs02024-09-27T17:00:48-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-03-01
ReturnHeader/TaxPeriodEndDt02024-02-29
ReturnHeader/TaxYr02023

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