Civic Intelligence

Chariots4Hope Inc.

990 • Fiscal year 2021 • EIN 47-1428097

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 08, 2022

4778 S 162 AveOmaha, NE 68135

(402) 516-8302

Siviq Scores

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

Liabilities / Assets

74th percentile

0.29x

Higher debt load relative to assets than 74% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.16x

Higher debt load relative to revenue than 61% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

54th percentile

15%

Higher net margin than 54% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$61,800

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

81st percentile

36%

Faster asset growth than 81% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

37%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$617,348

Up $164,523 (+36%) from 2020

Net Assets

Up

$439,610

Up $160,238 (+57%) from 2020

Liabilities

Up

$177,738

Up $4,285 (+2.5%) from 2020

Revenue

Up

$1,088,657

Up $291,333 (+37%) from 2020

Expenses

Up

$928,669

Up $294,008 (+46%) from 2020

Net Income

Down

$159,988

Down $2,675 (-1.6%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $54,674Liabilities 2016: $4,612Net Assets 2016: $50,0622016Assets 2017: $60,509Liabilities 2017: $7,448Net Assets 2017: $53,0612017Assets 2018: $68,763Liabilities 2018: $16,680Net Assets 2018: $52,0832018Assets 2019: $126,493Liabilities 2019: $20,154Net Assets 2019: $106,3392019Assets 2020: $452,825Liabilities 2020: $173,453Net Assets 2020: $279,3722020Assets 2021: $617,348Liabilities 2021: $177,738Net Assets 2021: $439,6102021Assets 2022: $402,396Liabilities 2022: $190,109Net Assets 2022: $212,2872022Assets 2023: $366,424Liabilities 2023: $187,115Net Assets 2023: $179,3092023Assets 2024: $443,041Liabilities 2024: $165,341Net Assets 2024: $277,7002024

Highlighted filing

2021

Assets$617,348
Liabilities$177,738
Net Assets$439,610

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $112,158Expenses 2016: $69,599Net Income 2016: $42,5592016Revenue 2017: $355,569Expenses 2017: $352,571Net Income 2017: $2,9982017Revenue 2018: $365,186Expenses 2018: $366,164Net Income 2018: -$9782018Revenue 2019: $662,900Expenses 2019: $669,617Net Income 2019: -$6,7172019Revenue 2020: $797,324Expenses 2020: $634,661Net Income 2020: $162,6632020Revenue 2021: $1,088,657Expenses 2021: $928,669Net Income 2021: $159,9882021Revenue 2022: $963,336Expenses 2022: $1,190,659Net Income 2022: -$227,3232022Revenue 2023: $1,181,842Expenses 2023: $1,214,820Net Income 2023: -$32,9782023Revenue 2024: $1,460,782Expenses 2024: $1,362,391Net Income 2024: $98,3912024

Highlighted filing

2021

Revenue$1,088,657
Expenses$928,669
Net Income$159,988
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 8, 2022
Return Version
2021v4.2
Gross Receipts
$1,132,936
Mission and Program Overview

Mission

Its mission is to empower low-income families and individuals to

To empower low income families to reach and maintain self sufficiency through vehicle ownership and aftercare services

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$413,286$548,250▲ $134,964
Land, Buildings, and Equipment, Net$39,539$69,098▲ $29,559
Total Assets$452,825$617,348▲ $164,523
Liabilities
Mortgage Notes Payable Secured by Investment Property$149,900$149,900→ $0
Accounts Payable and Accrued Expenses$23,553$27,838▲ $4,285
Total Liabilities$173,453$177,738▲ $4,285
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$279,372$439,610▲ $160,238
Total Net Assets Fund Balance$279,372$439,610▲ $160,238
Total Liabilities and Net Assets / Fund Balance$452,825$617,348▲ $164,523

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$69,098$16,965$86,063
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason HurtDirectorFT$60,000$1,800$61,800

Board Members and Trustees

NameTitle
Michael LechtenbergerChairman
Toby AsplinVice Chairman
Greg WestbrookDirector
John EwingDirector
John ParsonsDirector
Mike AndersonDirector
Rachel KnappSecretary
Dan TuckerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$823,171
Program Service Revenue
$179,137
Investment Income
$2,525
Other Revenue
$83,824
All Other Contributions
$752,530
Change in Net Assets
$159,988

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles125$174,041Fair Market Value (kbb)
Total Noncash Contributions125$174,041-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$430,823
Salaries, Compensation, and Employee Benefits$356,192
Grants and Similar Amounts Paid$141,654
Total Fundraising Expense$26,359
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$248,929$19,617-$268,546
Grants to Domestic Individuals$141,654--$141,654
Office Expenses$27,013$28,195$14,231$69,439
Current Officers, Directors, Trustees, and Key Employees$56,817$4,383-$61,200
Occupancy-$41,910-$41,910
Insurance-$39,838$9$39,847
Payroll Taxes$23,074$1,836-$24,910
Travel$17,031$2,921$3,587$23,539
Information Technology$5,983$6,600$3,908$16,491
Depreciation Depletion-$13,681-$13,681
All Other Expenses$219$3,208$1,243$4,670
Fees for Services Accounting-$4,155-$4,155
Other Expenses$2,204$1,896$510$4,100
Advertising$930$38$2,871$3,839
Fees for Services Other$2,813$714-$3,527
Interest-$2,182-$2,182
Pension Plan Contributions$1,536--$1,536
Fees for Services Legal$12$115-$127
Total Functional Expenses$660,913$241,397$26,359$928,669
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$128,100
Fundraising Direct Expenses$44,279
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Peter Fink Event$90,899$90,899$11,343$79,556
Stories of Freedom$25,682$25,682$23,021$2,661
Total Events$128,100$128,100$44,279$83,821
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
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, Part VI, Section B, Line 11B

The return is viewed by two board members before filing

Form 990, Part VI, Section C, Line 19

Records are available upon request.

Filing and Contact Details

Filer

Filer Name
Chariots4hope Inc
EIN
47-1428097
Phone
4025168302
Address
4778 S 162 AVE, OMAHA, NE 68135

Signing Officer

Name
Jason Hurt
Title
President
Phone
4025168302
Signed
2022-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Hurt
Formed
2014
Legal Domicile
Ne
Voting Board Members
8
Independent Board Members
8
Employees
8
Volunteers
74

Preparer

Firm
Hbe Llp
Address
7140 STEPHANIE LANE PO BOX 23110, LINCOLN, NE 68542-3110
Preparer
Kiley a Wiechman CPA
Phone
4024234343
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. As such, income earned in the performance of its exempt purpose is not subject to income tax. Any income earned through activities not related to its exempt purpose is subject to income tax at normal corporate rates. For the year ended december 31, 2021, the organization had no tax liability on unrelated business activity. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0150761
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt127076
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0152061
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt127076
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt01300
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0604357
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0129930
IRS990/PYInvestmentIncomeAmt02600
IRS990/PYOtherExpensesAmt0190970
IRS990/PYOtherRevenueAmt043555
IRS990/PYProgramServiceRevenueAmt0146812
IRS990/PYRevenuesLessExpensesAmt0162663
IRS990/PYSalariesCompEmpBnftPaidAmt0313761
IRS990/PYTotalExpensesAmt0634661
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0797324
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0159988
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0179137
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0823171
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0604357
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0538960
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0259452
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0286469
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02512409
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0180365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0140962
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0111164
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0432491
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0128100
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt061324
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt028156
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0151162
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt089213
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0457955
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03402855
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01131636
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0806643
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0678280
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0410614
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0375682
IRS990ScheduleA/Total509Grp/TotalAmt03402855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01131636
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0806643
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0678280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0410614
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0375682
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03402855
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt069098
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016965
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt086063
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, INCOME EARNED IN THE PERFORMANCE OF ITS EXEMPT PURPOSE IS NOT SUBJECT TO INCOME TAX. ANY INCOME EARNED THROUGH ACTIVITIES NOT RELATED TO ITS EXEMPT PURPOSE IS SUBJECT TO INCOME TAX AT NORMAL CORPORATE RATES. FOR THE YEAR ENDED DECEMBER 31, 2021, THE ORGANIZATION HAD NO TAX LIABILITY ON UNRELATED BUSINESS ACTIVITY. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt069098
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt044279
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PETER FINK EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0STORIES OF FREEDOM
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt09117
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0658
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt09775
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt090899
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt025682
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt011519
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0128100
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt090899
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt025682
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt011519
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0128100
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt083821
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0140
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt034504
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011343
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt023021
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0VEHICLES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0141654
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0DONATED TO FAMILIES IN NEED
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt040
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt0125
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE (KBB)
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt0174041
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS VIEWED BY TWO BOARD MEMBERS BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RECORDS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00

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