Civic Intelligence

Corado Hope for the Future Inc

EIN 47-1424520 • 501(c)3 • Mission Viejo, CA

Profile

The organization provides support, shelter, education, and life-skills training of orphans, impoverished children, and emancipated youth living in Romania. Corado Hope for the Future is a faith-based organization and meets the spiritual and emotional needs of those we serve as a part of providing a safe place for youth to grow.

25501 El Picador LaneMission Viejo, CA 92691

www.coradohopeforthefuture.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

95th percentile

79%

Higher net margin than 95% of similar nonprofits.

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

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 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets60th percentile

Assets

$29,947

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$29,947

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin95th percentile

Revenue

$37,137

No earlier filing loaded for comparison.

Expenses

$7,916

No earlier filing loaded for comparison.

Net Income

$29,221

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30K$20K$10K$0Assets 2016: $29,947Liabilities 2016: $0Net Assets 2016: $29,9472016

Highlighted filing

2016

Assets$29,947
Liabilities$0
Net Assets$29,947
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40K$30K$20K$10K$0Revenue 2016: $37,137Expenses 2016: $7,916Net Income 2016: $29,2212016

Highlighted filing

2016

Revenue$37,137
Expenses$7,916
Net Income$29,221
Open 2016 Filing

Filings

Most recent year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,947
Liabilities
$0
Net assets
$29,947
Revenue
$37,137
Expenses
$7,916
Net income
$29,221
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$29.9$0.00$29.9$37.1$7.92$29.2
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$37,137
Mission and Program Overview

Mission

The organization provides support, shelter, education, and life-skills training of orphans, impoverished children, and emancipated youth living in Romania. Corado Hope for the Future is a faith-based organization and meets the spiritual and emotional needs of those we serve as a part of providing a safe place for youth to grow.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$726$29,947▲ $29,221
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$726$29,947▲ $29,221
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$726$29,947▲ $29,221
Total Net Assets Fund Balance$726$29,947▲ $29,221
Total Liabilities and Net Assets / Fund Balance$726$29,947▲ $29,221
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Kelly StarkPresident
Dawn Rene MartinSecretary
Ignacia RoyerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,137
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$37,137
Change in Net Assets
$29,221
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,916
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$395--$395
All Other Expenses$141$245-$386
Office Expenses-$257-$257
Other Expenses$2,010$178-$178
Total Functional Expenses$7,236$680$0$7,916
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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

“President reviews and approves tax returns before they are filed.”

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

“In connection with any actual or possible conflict of interest, an interested person must disclose the existence of financial interest and all material facts to the governing board. The board members then decide and vote if a conflict of interest exists.”

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

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Corado Hope for the Future Inc
EIN
47-1424520
Phone
9496301433
Address
25501 EL PICADOR LANE, MISSION VIEJO, CA 92691

Signing Officer

Name
Kelly Stark
Title
President
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Stark
Formed
2014
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Ross R Bonnie & Associates Inc
Address
180 N Riverview Drive Suite 130, Anaheim, CA 92808
Preparer
Rita Wong CPA
Phone
7142798101
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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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ReturnHeader/Filer/USAddress/ZIPCd092691
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ross R Bonnie & Associates Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0180 N Riverview Drive Suite 130
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Anaheim
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092808
ReturnHeader/PreparerPersonGrp/PhoneNum07142798101
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RITA WONG CPA
ReturnHeader/ReturnTs02017-11-13T10:01:43-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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