Civic Intelligence

Hope Alive Initiatives

EIN 46-5488365 • 501(c)3 • Louisville, KY

Profile

To empower churches within poor and vulnerable regions of africa through medical outreach and the training of leaders and discipple.

2609 Stony Brook DrLouisville, KY 40220

www.hopealiveinitiatives.org

Siviq Scores

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

Liabilities / Assets

91st percentile

0.78x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

27th percentile

-15%

Higher net margin than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

17th percentile

-59%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

67th percentile

13%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$99,224

Up $83,292 (+523%) from 2023

Liabilities

Down

$14,894

Down $1,314 (-8.1%) from 2023

Net Assets

Up

$84,330

Up $84,606 (+30654%) from 2023

Operations
Liabilities / Revenue81st percentileNet Margin27th percentile

Revenue

Down

$339,454

Down $200,295 (-37%) from 2023

Expenses

Down

$253,526

Down $253,508 (-50%) from 2023

Net Income

Up

$85,928

Up $53,213 (+163%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

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

$200K$150K$100K$50K$0-$50KAssets 2015: $19,717Liabilities 2015: $02015Assets 2016: $8,149Liabilities 2016: $02016Assets 2017: $9,922Net Assets 2017: $9,9222017Assets 2018: $5,336Net Assets 2018: $5,3362018Assets 2019: $16,304Net Assets 2019: $16,3042019Assets 2020: $61,328Net Assets 2020: $61,3282020Assets 2021: $71,098Liabilities 2021: $0Net Assets 2021: $71,0982021Assets 2022: $196,278Liabilities 2022: $44,133Net Assets 2022: $152,1452022Assets 2023: $15,932Liabilities 2023: $16,208Net Assets 2023: -$2762023Assets 2024: $99,224Liabilities 2024: $14,894Net Assets 2024: $84,3302024

Highlighted filing

2024

Assets$99,224
Liabilities$14,894
Net Assets$84,330
Open 2024 Filing

Operations Trend

Revenue Growth67th percentile

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

$600K$400K$200K$0-$200KRevenue 2015: $106,369Expenses 2015: $86,734Net Income 2015: $19,6352015Revenue 2016: $174,233Expenses 2016: $185,801Net Income 2016: -$11,5682016Revenue 2017: $152,862Expenses 2017: $151,089Net Income 2017: $1,7732017Revenue 2018: $119,829Expenses 2018: $124,415Net Income 2018: -$4,5862018Revenue 2019: $109,345Expenses 2019: $98,377Net Income 2019: $10,9682019Revenue 2020: $163,027Expenses 2020: $118,003Net Income 2020: $45,0242020Revenue 2021: $267,804Expenses 2021: $258,035Net Income 2021: $9,7692021Revenue 2022: $368,153Expenses 2022: $287,106Net Income 2022: $81,0472022Revenue 2023: $539,749Expenses 2023: $507,034Net Income 2023: $32,7152023Revenue 2024: $339,454Expenses 2024: $253,526Net Income 2024: $85,9282024

Highlighted filing

2024

Revenue$339,454
Expenses$253,526
Net Income$85,928
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$99,224
Liabilities
$14,894
Net assets
$84,330
Revenue
$339,454
Expenses
$253,526
Net income
$85,928
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.99$0.15$0.84$3.39$2.54$0.86
2023Detailed filing. Detailed filing data is available for this year.$0.16$0.16$0.00$5.40$5.07$0.33
2022Detailed filing. Detailed filing data is available for this year.$1.96$0.44$1.52$3.68$2.87$0.81
2021Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$2.68$2.58$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.61$0.61$1.63$1.18$0.45
2019Detailed filing. Detailed filing data is available for this year.$0.16$0.16$1.09$0.98$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.05$0.05$1.20$1.24$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.10$0.10$1.53$1.51$0.02
2016Summary only. Only limited summary data is available for this year.$0.08$0.00$1.74$1.86$0.12
2015Summary only. Only limited summary data is available for this year.$0.20$0.00$1.06$0.87$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 30, 2025
Return Version
2023v6.0
Gross Receipts
$339,454
Mission and Program Overview

Mission

To empower churches within poor and vulnerable regions of africa through medical outreach and the training of leaders and discipple.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$15,932$99,224▲ $83,292
Rtn Earn Endowment Incm Other Fnds$-1,598$84,330▲ $85,928
Total Assets$15,932$99,224▲ $83,292
Liabilities
Accounts Payable and Accrued Expenses$17,530$14,894▼ $2,636
Total Liabilities$17,530$14,894▼ $2,636
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,598$84,330▲ $85,928
Total Liabilities and Net Assets / Fund Balance$15,932$99,224▲ $83,292
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Eric SchansbergPresident
Blake ShivelyBoard Member
Bowin TichenorBoard Member
Charlie VittitowBoard Member
James Kigamwa ChamwadaBoard Member
Sarah BolesBoard Member
Francis BukachiSecretary
Clay HumeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$339,454
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$339,454
Change in Net Assets
$85,928
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$253,526
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$24,836$2-$24,838
Fees for Services Accounting-$23,025-$23,025
Office Expenses-$4,720-$4,720
Fees for Services Management-$1,580-$1,580
Other Expenses$6,964$569-$569
All Other Expenses-$462-$462
Interest-$319-$319
Total Functional Expenses$221,685$31,841$0$253,526
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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, Page 6, Part VI, Line 11B

“990 reviewed by organization board of directors prior to filing”

Form 990, Page 6, Part VI, Line 19

“Documents are made available upon request”

Filing and Contact Details

Filer

Filer Name
Hope Alive Initiatives
EIN
46-5488365
Address
2609 STONY BROOK DR, LOUISVILLE, KY 40220
Doing Business As
Sarah Boles

Signing Officer

Name
Clay Hume
Title
Treasurer
Phone
5022546180
Signed
2025-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Schansberg
Formed
2010
Legal Domicile
Ky
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Curry Drake & Associates LLC
Address
12700 TOWNEPARK WAY SUITE 4208, LOUISVILLE, KY 40243
Preparer
Dan Small CPA
Phone
5022546180
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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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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.HOPEALIVEINITIATIVES.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CLAY HUME
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05022546180
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOPE ALIVE INITIATIVES
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0465488365
ReturnHeader/Filer/USAddress/AddressLine1Txt02609 STONY BROOK DR
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040220
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611351958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CURRY DRAKE & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012700 TOWNEPARK WAY SUITE 4208
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040243
ReturnHeader/PreparerPersonGrp/PhoneNum05022546180
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAN SMALL CPA
ReturnHeader/ReturnTs02025-01-30T11:00:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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