Civic Intelligence

Spero'S Hope Inc

990EZ • Fiscal year 2020 • EIN 47-1581542

Jan 01, 2020 to Dec 31, 2020 • Filed on May 13, 2021

Organization ProfileWWW.SPEROSHOPE.ORG
C/O Panyork Group 270 Sylvan AvenueEnglewood Cliffs, NJ 07632

(516) 721-8334

Siviq Scores

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

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

2020 filings • NTEE J • <$500k nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.03x

Higher debt load relative to revenue than 68% of similar nonprofits.

2020 filings • NTEE J • <$500k nonprofits • Source year 2020

Net Margin

14th percentile

-18%

Higher net margin than 14% of similar nonprofits.

2020 filings • NTEE J • <$500k nonprofits • Source year 2020

Top Officer Pay

64th percentile

$0

Higher top officer pay than 64% of similar nonprofits.

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

2020 filings • NTEE J • <$500k nonprofits • Source year 2020

Asset Growth

25th percentile

-6.5%

Faster asset growth than 25% of similar nonprofits.

2020 filings • NTEE J • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

12th percentile

-46%

Faster revenue growth than 12% of similar nonprofits.

2020 filings • NTEE J • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets65th percentile

Assets

Down

$130,403

Down $9,071 (-6.5%) from 2019

Net Assets

Down

$128,732

Down $9,110 (-6.6%) from 2019

Liabilities

Up

$1,671

Up $39 (+2.4%) from 2019

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin14th percentile

Revenue

Down

$51,218

Down $43,804 (-46%) from 2019

Expenses

Up

$60,328

Up $27,357 (+83%) from 2019

Net Income

Down

-$9,110

Down $71,161 (-115%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$1.5M$1.0M$500K$0Assets 2015: $106,637Liabilities 2015: $2,899Net Assets 2015: $103,7382015Assets 2016: $103,993Liabilities 2016: $1,627Net Assets 2016: $102,3662016Assets 2017: $70,343Liabilities 2017: $1,7802017Assets 2018: $77,461Liabilities 2018: $1,6702018Assets 2019: $139,474Liabilities 2019: $1,632Net Assets 2019: $137,8422019Assets 2020: $130,403Liabilities 2020: $1,671Net Assets 2020: $128,7322020Assets 2021: $1,163,550Liabilities 2021: $1,671Net Assets 2021: $1,161,8792021Assets 2022: $961,641Liabilities 2022: $754Net Assets 2022: $960,8872022

Highlighted filing

2020

Assets$130,403
Liabilities$1,671
Net Assets$128,732
Open 2020 Filing

Operations Trend

Revenue Growth12th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $128,192Expenses 2015: $50,107Net Income 2015: $78,0852015Revenue 2016: $32,150Expenses 2016: $33,522Net Income 2016: -$1,3722016Revenue 2017: $0Expenses 2017: $33,803Net Income 2017: -$33,8032017Revenue 2018: $40,031Expenses 2018: $32,803Net Income 2018: $7,2282018Revenue 2019: $95,022Expenses 2019: $32,971Net Income 2019: $62,0512019Revenue 2020: $51,218Expenses 2020: $60,328Net Income 2020: -$9,1102020Revenue 2021: $1,067,566Expenses 2021: $47,660Net Income 2021: $1,019,9062021Revenue 2022: -$106,399Expenses 2022: $48,609Net Income 2022: -$155,0082022

Highlighted filing

2020

Revenue$51,218
Expenses$60,328
Net Income-$9,110
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 13, 2021
Return Version
2020v4.0
Gross Receipts
$51,218
Mission and Program Overview

Mission

Spero's hope is an organization dedicated to helping hourly workers in the new york city area become more economically self-sufficient by preparing them for better employment opportunities.

Spero's hope is an organization dedicated to helping hourly workers in the new york city area become more economically self-sufficient by preparing them for better employment opportunities

Program Services

DescriptionGrantsExpenses
HELD GROCERY GIVEAWAY IN THE BRONX AND MOCK INTERVIEW PROGRAM$25,593-
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEAN SHENGTreasurer-$0--
CORDELIA BOISEPresident/Secr-$0--
Filing and Contact Details

Filer

Filer Name
Speros Hope Inc
EIN
47-1581542
Phone
5167218334
Address
C/O PANYORK GROUP 270 SYLVAN AVENUE, ENGLEWOOD CLIFFS, NJ 07632

Signing Officer

Name
Jean Sheng
Title
Treasurer
Signed
2021-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Cullari Carrico LLC
Address
55 Lane Road Ste 300, Fairfield, NJ 07004
Preparer
Ellen Mcgraw
Phone
9734063955
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $407”

Other Expenses.1010

“Amortization $685”

Other Expenses.1012

“Insurance $614”

Other Expenses.1

“Program to benefit bronx $25468”

Other Expenses.2

“Mock interview costs $125”

Other Expenses.3

“DUES $45”

Other Expenses.4

“FILING FEE $25”

Other Assets.1012

“Intangible Assets - Beginning $0 Intangible Assets - Ending $2360”

Total Liabilities.1

“PAYROLL LIABILITIES - Beginning $1632 PAYROLL LIABILITIES - Ending $1671”

Raw XML Appendix164 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JEAN SHENG
IRS990EZ/BooksInCareOfDetail/PhoneNum05167218334
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0C/O PANYORK GROUUP 270 SYLVAN AVE 2
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ENGLEWOOD CLIFFS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007632
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0139474
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0128043
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CompensationHighestPaidEmplGrp/AverageHoursPerWeekRt020.00
IRS990EZ/CompensationHighestPaidEmplGrp/CompensationAmt029987
IRS990EZ/CompensationHighestPaidEmplGrp/EmployeeBenefitsAmt00
IRS990EZ/CompensationHighestPaidEmplGrp/ExpenseAccountAmt00
IRS990EZ/CompensationHighestPaidEmplGrp/PersonNm0JONATHAN BAUMGARTEN
IRS990EZ/CompensationHighestPaidEmplGrp/TitleTxt0PROGRAM MANAGER
IRS990EZ/ContributionsGiftsGrantsEtcAmt051218
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9110
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0248
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0139474
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0130403
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt051218
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0137842
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0128732
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0137842
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0128732
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEAN SHENG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CORDELIA BOISE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT/SECR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02360
IRS990EZ/OtherExpensesTotalAmt027369
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SPERO'S HOPE IS AN ORGANIZATION DEDICATED TO HELPING HOURLY WORKERS IN THE NEW YORK CITY AREA BECOME MORE ECONOMICALLY SELF-SUFFICIENT BY PREPARING THEM FOR BETTER EMPLOYMENT OPPORTUNITIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HELD GROCERY GIVEAWAY IN THE BRONX AND MOCK INTERVIEW PROGRAM
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt025593
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt032711
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/StatesWhereCopyOfReturnIsFldCd1NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01632
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01671
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt060328
IRS990EZ/TotalProgramServiceExpensesAmt025593
IRS990EZ/TotalRevenueAmt051218
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0WWW.SPEROSHOPE.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt051218
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt095022
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt040031
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt032150
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0218421
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0218421
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt051218
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt095022
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt040031
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt032150
IRS990ScheduleA/Total509Grp/TotalAmt0218421
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt051218
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt095022
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt040031
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt032150
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0218421
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $407
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Amortization $685
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $614
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM TO BENEFIT BRONX $25468
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MOCK INTERVIEW COSTS $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DUES $45
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FILING FEE $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Intangible Assets - Beginning $0 Intangible Assets - Ending $2360
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PAYROLL LIABILITIES - Beginning $1632 PAYROLL LIABILITIES - Ending $1671
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1010
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEAN SHENG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPEROS HOPE INC
ReturnHeader/Filer/BusinessNameControlTxt0SPER
ReturnHeader/Filer/EIN0471581542
ReturnHeader/Filer/PhoneNum05167218334
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O PANYORK GROUP 270 SYLVAN AVENUE
ReturnHeader/Filer/USAddress/CityNm0ENGLEWOOD CLIFFS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007632
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270623664
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cullari Carrico LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt055 Lane Road Ste 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fairfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007004
ReturnHeader/PreparerPersonGrp/PhoneNum09734063955
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELLEN MCGRAW
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-05-13T09:01:35-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHENG
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$130,403
Liabilities
$1,671
Net assets
$128,732
Revenue
$51,218
Expenses
$60,328
Net income
-$9,110
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.00$0.96$0.11$0.05$0.16
2021Summary only. Only limited summary data is available for this year.$1.16$0.00$1.16$1.07$0.05$1.02
2020Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.05$0.06$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.00$0.14$0.10$0.03$0.06
2018Summary only. Only limited summary data is available for this year.$0.08$0.00$0.04$0.03$0.01
2017Summary only. Only limited summary data is available for this year.$0.07$0.00$0.00$0.03$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$0.03$0.03$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.10$0.13$0.05$0.08