Civic Intelligence

New Hope Rising Inc.

990 • Fiscal year 2017 • EIN 47-1372307

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

9 Southaven AveMastic, NY 11950

(631) 678-1970

Siviq Scores

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

Liabilities / Assets

96th percentile

2.78x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • NTEE F • <$500k nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.14x

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

2017 filings • NTEE F • <$500k nonprofits • Source year 2017

Net Margin

24th percentile

-4.5%

Higher net margin than 24% of similar nonprofits.

2017 filings • NTEE F • <$500k nonprofits • Source year 2017

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2017 filings • NTEE F • <$500k nonprofits • Source year 2017

Asset Growth

89th percentile

119%

Faster asset growth than 89% of similar nonprofits.

2017 filings • NTEE F • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

2017 filings • NTEE F • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$13,639

Up $7,406 (+119%) from 2016

Net Assets

Down

-$24,231

Down $12,037 (-99%) from 2016

Liabilities

Up

$37,870

Up $19,443 (+106%) from 2016

Revenue

Up

$266,393

Up $27,395 (+11%) from 2016

Expenses

Up

$278,430

Up $25,572 (+10%) from 2016

Net Income

Up

-$12,037

Up $1,823 (+13%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2015: $9,901Liabilities 2015: $8,235Net Assets 2015: $1,6662015Assets 2016: $6,233Liabilities 2016: $18,427Net Assets 2016: -$12,1942016Assets 2017: $13,639Liabilities 2017: $37,870Net Assets 2017: -$24,2312017Assets 2018: $21,816Liabilities 2018: $13,117Net Assets 2018: $8,6992018Assets 2019: $18,695Liabilities 2019: $19,438Net Assets 2019: -$7432019Assets 2020: $193,640Liabilities 2020: $182,584Net Assets 2020: $11,0562020Assets 2021: $143,762Liabilities 2021: $191,935Net Assets 2021: -$48,1732021Assets 2022: $178,074Liabilities 2022: $340,548Net Assets 2022: -$162,4742022Assets 2023: $311,195Liabilities 2023: $417,511Net Assets 2023: -$106,3162023Assets 2024: $577,524Liabilities 2024: $778,352Net Assets 2024: -$200,8282024

Highlighted filing

2017

Assets$13,639
Liabilities$37,870
Net Assets-$24,231

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $172,286Expenses 2015: $173,916Net Income 2015: -$1,6302015Revenue 2016: $238,998Expenses 2016: $252,858Net Income 2016: -$13,8602016Revenue 2017: $266,393Expenses 2017: $278,430Net Income 2017: -$12,0372017Revenue 2018: $389,784Expenses 2018: $356,854Net Income 2018: $32,9302018Revenue 2019: $571,460Expenses 2019: $580,902Net Income 2019: -$9,4422019Revenue 2020: $990,782Expenses 2020: $978,983Net Income 2020: $11,7992020Revenue 2021: $895,333Expenses 2021: $954,562Net Income 2021: -$59,2292021Revenue 2022: $1,128,878Expenses 2022: $1,243,179Net Income 2022: -$114,3012022Revenue 2023: $1,361,659Expenses 2023: $1,305,501Net Income 2023: $56,1582023Revenue 2024: $1,280,185Expenses 2024: $1,374,697Net Income 2024: -$94,5122024

Highlighted filing

2017

Revenue$266,393
Expenses$278,430
Net Income-$12,037
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$266,393
Mission and Program Overview

Mission

To offer quality care and services to indivduals recovering from addiction and other co-occurring disorders. To provide safe and affordable housing to facilitate and inspire personal growth, while meeting the specific needs of each resident.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$6,400$14,197▲ $7,797
Cash and Non-Interest-Bearing Accounts$1,465$7,205▲ $5,740
Land, Buildings, and Equipment, Net$1,168$834▼ $334
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$6,233$13,639▲ $7,406
Other Assets Total$3,600$5,600▲ $2,000
Liabilities
Other Liabilities$12,027$23,673▲ $11,646
Total Liabilities$18,427$37,870▲ $19,443
Net Assets / Fund Balance
Unrestricted Net Assets$-12,194$-24,231▼ $12,037
Total Net Assets Fund Balance$-12,194$-24,231▼ $12,037
Total Liabilities and Net Assets / Fund Balance$6,233$13,639▲ $7,406

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$534$1,177$1,711
Equipment$300$300$600
Other Assets Org$5,600--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$11,138
Program Service Revenue
$255,255
Investment Income
$0
Other Revenue
$0
All Other Contributions
$11,138
Change in Net Assets
$-12,037
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$214,083
Salaries, Compensation, and Employee Benefits$64,347
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$57,675--$57,675
All Other Expenses$25,246--$25,246
Office Expenses$3,344$8,346-$11,690
Fees for Services Other$10,695--$10,695
Insurance$9,096--$9,096
Other Expenses$8,628$6,946-$8,628
Payroll Taxes$6,672--$6,672
Fees for Services Accounting-$2,969-$2,969
Travel$2,536--$2,536
Advertising$1,605--$1,605
Depreciation Depletion-$334-$334
Total Functional Expenses$259,835$18,595$0$278,430
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$6,400$14,197▲ $7,797
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$23,673
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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 11B: Form 990 Review Process

The tax returns are reviewed and approved by the board prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

conflicts reviewed annually.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
New Hope Rising Inc
EIN
47-1372307
Phone
6316781970
Address
9 SOUTHAVEN AVE, MASTIC, NY 11950

Signing Officer

Name
Alexandra Halsey Storch
Title
Secretary
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alexandra Halsey Storch
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
7

Preparer

Firm
Sabel & Oplinger CPA Pc
Address
PO BOX 1307, SOUTHAMPTON, NY 11969-1307
Preparer
Mary Ann Mendel CPA
Phone
6312832370
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization has been classified by the Internal Revenue Service as a publicly supported tax-exempt charity pursuant to IRC Section 501(c)(3) and as a not-for-profit corporation under the laws of New York State. Accordingly, no provision for Federal or State income taxes is required. As of December 31, 2017, no amounts have been recognized for uncertain income tax positions. The Organizations tax returns for the year 2014 and forward are subject to the usual review by the appropriate taxing authorities.

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IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011138
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01291
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt048
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0361
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012838
IRS990ScheduleA/TotalSupportAmt012838
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0300
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0300
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0600
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05600
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0534
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01177
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01711
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023673
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has been classified by the Internal Revenue Service as a publicly supported tax-exempt charity pursuant to IRC Section 501(c)(3) and as a not-for-profit corporation under the laws of New York State. Accordingly, no provision for Federal or State income taxes is required. As of December 31, 2017, no amounts have been recognized for uncertain income tax positions. The Organizations tax returns for the year 2014 and forward are subject to the usual review by the appropriate taxing authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt05600
IRS990ScheduleD/TotalLiabilityAmt023673
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt12300
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OPERATING LOAN
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt14300
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0L MCNAMARA D BRUSCHI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1S MCNAMARA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICERS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1RELATIVE OF OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/TotalBalanceDueAmt014197
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURNS ARE REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1conflicts reviewed annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt013639
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IRS990/TotalAssetsGrp/EOYAmt013639
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IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018595
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0259835
IRS990/TotalFunctionalExpensesGrp/TotalAmt0278430
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018427
IRS990/TotalLiabilitiesEOYAmt037870
IRS990/TotalLiabilitiesGrp/BOYAmt018427
IRS990/TotalLiabilitiesGrp/EOYAmt037870
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-12194
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-24231
IRS990/TotalProgramServiceExpensesAmt0259835
IRS990/TotalProgramServiceRevenueAmt0255255
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0255255
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0266393
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06233
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013639
IRS990/TravelGrp/ProgramServicesAmt02536
IRS990/TravelGrp/TotalAmt02536
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-12194
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-24231
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 467
IRS990/USAddress/CityNm0WATER MILL
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011976
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0NEWHOPERISINGNY.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALEXANDRA HALSEY STORCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW HOPE RISING INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWH
ReturnHeader/Filer/EIN0471372307
ReturnHeader/Filer/PhoneNum06316781970
ReturnHeader/Filer/USAddress/AddressLine1Txt09 SOUTHAVEN AVE
ReturnHeader/Filer/USAddress/CityNm0MASTIC
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011950
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0112883699
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SABEL & OPLINGER CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1307
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTHAMPTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY

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