Civic Intelligence

Chariots4Hope Inc.

990 • Fiscal year 2023 • EIN 47-1428097

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 23, 2024

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

84th percentile

0.51x

Higher debt load relative to assets than 84% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.16x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

33rd percentile

-2.8%

Higher net margin than 33% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

57th percentile

$77,735

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

14th percentile

-8.9%

Faster asset growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

69th percentile

23%

Faster revenue growth than 69% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$366,424

Down $35,972 (-8.9%) from 2022

Net Assets

Down

$179,309

Down $32,978 (-16%) from 2022

Liabilities

Down

$187,115

Down $2,994 (-1.6%) from 2022

Revenue

Up

$1,181,842

Up $218,506 (+23%) from 2022

Expenses

Up

$1,214,820

Up $24,161 (+2.0%) from 2022

Net Income

Up

-$32,978

Up $194,345 (+85%) from 2022

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

2023

Assets$366,424
Liabilities$187,115
Net Assets$179,309

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

2023

Revenue$1,181,842
Expenses$1,214,820
Net Income-$32,978
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 23, 2024
Return Version
2023v5.1
Gross Receipts
$1,239,348
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$348,436$331,574▼ $16,862
Land, Buildings, and Equipment, Net$51,960$32,160▼ $19,800
Inventories for Sale or Use$2,000$2,000→ $0
Accounts Receivable-$690-
Total Assets$402,396$366,424▼ $35,972
Liabilities
Mortgage Notes Payable Secured by Investment Property$149,900$149,900→ $0
Accounts Payable and Accrued Expenses$40,209$37,215▼ $2,994
Total Liabilities$190,109$187,115▼ $2,994
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$212,287$179,309▼ $32,978
Total Net Assets Fund Balance$212,287$179,309▼ $32,978
Total Liabilities and Net Assets / Fund Balance$402,396$366,424▼ $35,972

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,160$51,616$83,776
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason HurtExecutive DirectorFT$77,535$200$77,735

Board Members and Trustees

NameTitle
Michael LechtenbergerChair
Toby AsplinVice Chair/secretary
John ParsonsDirector
Mike AndersonDirector
Rachel KnappDirector
Dan TuckerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$896,501
Program Service Revenue
$205,112
Investment Income
$0
Other Revenue
$80,229
All Other Contributions
$800,216
Change in Net Assets
$-32,978

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 Vehicles102$333,562Fair Market Value (kbb)
Total Noncash Contributions102$333,562-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$565,001
Salaries, Compensation, and Employee Benefits$487,819
Grants and Similar Amounts Paid$162,000
Total Fundraising Expense$44,033
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$331,009$18,984$23,035$373,028
Grants to Domestic Individuals$162,000--$162,000
Current Officers, Directors, Trustees, and Key Employees$68,801$3,946$4,788$77,535
Occupancy-$70,100-$70,100
Payroll Taxes$27,632$4,726$2,162$34,520
Insurance$663$33,161-$33,824
Other Expenses$13,984$8,901$46$22,885
Depreciation Depletion$294$22,107-$22,401
Information Technology$6,100$3,468$11,046$20,614
Travel$6,384$14,211-$20,595
Fees for Services Other$17,428-$188$17,616
Office Expenses$6,237$6,417$648$13,302
All Other Expenses$220$9,657$1,684$11,561
Fees for Services Accounting-$4,373-$4,373
Advertising$1,631$2,575-$4,206
Interest-$4,135-$4,135
Pension Plan Contributions$2,300-$436$2,736
Total Functional Expenses$915,784$255,003$44,033$1,214,820
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$135,169
Fundraising Direct Expenses$57,506
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$71,304$71,304$33,391$37,913
Feel the Freedom$153,400$57,115$10,138$46,977
Total Events$231,454$135,169$57,506$77,663
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
2024-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Hurt
Formed
2014
Legal Domicile
Ne
Voting Board Members
6
Independent Board Members
6
Employees
12
Volunteers
123

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. 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/PYGrantsAndSimilarPaidAmt0186926
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0483928
IRS990/PYOtherRevenueAmt0147083
IRS990/PYProgramServiceRevenueAmt0179425
IRS990/PYRevenuesLessExpensesAmt0-227323
IRS990/PYSalariesCompEmpBnftPaidAmt0519805
IRS990/PYTotalExpensesAmt01190659
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0963336
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-32978
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0183121
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0896501
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0636828
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0823171
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0604357
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0538960
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03499817
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0183121
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0164595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0180365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0140962
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0111164
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0780207
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0135169
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0187062
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0128100
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt061324
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt028156
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0539811
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt04819835
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01214791
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0988485
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01131636
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0806643
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0678280
IRS990ScheduleA/Total509Grp/TotalAmt04819835
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01214791
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0988485
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01131636
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0806643
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0678280
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04819835
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/BookValueAmt032160
IRS990ScheduleD/EquipmentGrp/DepreciationAmt051616
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt083776
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. 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/TotalBookValueLandBuildingsAmt032160
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt096285
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt096285
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt057506
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FEEL THE FREEDOM
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt013977
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt013977
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0153400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt071304
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt06750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0231454
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt057115
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt071304
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt06750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0135169
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt077663
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt043529
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010138
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt033391
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0VEHICLES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0162000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0DONATED TO FAMILIES IN NEED
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt036
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt0102
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE (KBB)
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt0333562
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
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0402396
IRS990/TotalAssetsEOYAmt0366424
IRS990/TotalAssetsGrp/BOYAmt0402396
IRS990/TotalAssetsGrp/EOYAmt0366424

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