Civic Intelligence

Raisinghope Inc.

990 • Fiscal year 2022 • EIN 47-1788053

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

1534 North Moorpark Rd 213Thousand Oaks, CA 91360

(805) 491-5439

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

56th percentile

8.5%

Higher net margin than 56% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

90th percentile

$38,250

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

89th percentile

75%

Faster asset growth than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

132%

Faster revenue growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$83,305

Up $35,690 (+75%) from 2021

Net Assets

Up

$83,305

Up $35,690 (+75%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$418,499

Up $238,286 (+132%) from 2021

Expenses

Up

$382,809

Up $192,463 (+101%) from 2021

Net Income

Up

$35,690

Up $45,823 (+452%) from 2021

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $5,072Liabilities 2015: $11,0642015Assets 2016: $74,103Liabilities 2016: $0Net Assets 2016: $74,1032016Assets 2017: $108,725Liabilities 2017: $0Net Assets 2017: $108,7252017Assets 2018: $49,184Liabilities 2018: $0Net Assets 2018: $49,1842018Assets 2019: $20,454Liabilities 2019: $0Net Assets 2019: $20,4542019Assets 2020: $61,092Liabilities 2020: $0Net Assets 2020: $61,0922020Assets 2021: $47,615Liabilities 2021: $0Net Assets 2021: $47,6152021Assets 2022: $83,305Liabilities 2022: $0Net Assets 2022: $83,3052022Assets 2023: $84,667Liabilities 2023: $0Net Assets 2023: $84,6672023Assets 2024: $171,468Liabilities 2024: $0Net Assets 2024: $171,4682024

Highlighted filing

2022

Assets$83,305
Liabilities$0
Net Assets$83,305

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2015: $83,362Expenses 2015: $89,354Net Income 2015: -$5,9922015Revenue 2016: $154,296Expenses 2016: $85,265Net Income 2016: $69,0312016Revenue 2017: $202,743Expenses 2017: $168,121Net Income 2017: $34,6222017Revenue 2018: $187,456Expenses 2018: $246,997Net Income 2018: -$59,5412018Revenue 2019: $104,562Expenses 2019: $133,292Net Income 2019: -$28,7302019Revenue 2020: $279,999Expenses 2020: $242,052Net Income 2020: $37,9472020Revenue 2021: $180,213Expenses 2021: $190,346Net Income 2021: -$10,1332021Revenue 2022: $418,499Expenses 2022: $382,809Net Income 2022: $35,6902022Revenue 2023: $440,598Expenses 2023: $439,236Net Income 2023: $1,3622023Revenue 2024: $722,297Expenses 2024: $635,496Net Income 2024: $86,8012024

Highlighted filing

2022

Revenue$418,499
Expenses$382,809
Net Income$35,690
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$436,125
Mission and Program Overview

Mission

RaisingHOPE provides advocacy, awareness and funds to abused and neglected children, many of whom are or were in the foster care system, in the Ventura County area through community events, mentoring and advocacy.

RaisingHope empowers youth and young adults who are experiencing foster care through mentoring and coaching, life skills, housing navigation, financial support and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$45,571$81,841▲ $36,270
Land, Buildings, and Equipment, Net$2,030$1,450▼ $580
Savings and Temporary Cash Investments$14$14→ $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$47,615$83,305▲ $35,690
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$47,615$83,305▲ $35,690
Total Net Assets Fund Balance$47,615$83,305▲ $35,690
Total Liabilities and Net Assets / Fund Balance$47,615$83,305▲ $35,690

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,450$1,450$2,900
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tamalani M BarnettExecutive DirectorFT$38,250$38,250
Dawn GroomVice PresidentPT$17,980$17,980

Board Members and Trustees

NameTitle
Christopher ClarkBoard Secretary
Lyndsey GallagherDirector
Paul BlairDirector
Kevin ToloAsst. Secretary
Rebecca CramerCommunications
David CollinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$425,124
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-6,625
All Other Contributions
$314,374
Change in Net Assets
$35,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$129,977
Salaries, Compensation, and Employee Benefits$128,871
Other Expenses$123,961
Total Fundraising Expense$12,392
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$129,977--$129,977
Other Salaries and Wages$58,071$6,077$3,376$67,524
Current Officers, Directors, Trustees, and Key Employees$48,358$5,061$2,811$56,230
Insurance-$5,791-$5,791
Payroll Taxes$4,400$461$256$5,117
Office Expenses-$4,176-$4,176
Fees for Services Other-$3,312-$3,312
All Other Expenses$1,035$820$317$2,172
Other Expenses$100,141$2,131$1,155$1,155
Depreciation Depletion-$580-$580
Advertising--$530$530
Total Functional Expenses$341,982$28,435$12,392$382,809
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$17,626
Fundraising Gross Income$11,001
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Poker Tournament$23,866$9,620$10,566$-946
Total Events$23,866$9,620$15,618$-5,998
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
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
Yes
Other officer compensation reviewed
Yes
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, Section B, Line 11B

A draft copy of the tax return is provided to the Executive Director for review before filing. A copy of the tax return is also made available to the Board.

Form 990, Part VI, Section B, Line 15A

The Executive Director meets with the Board and an independent expert who reviews responsibilities, job market compensation data and conditions for compensation increases. A consensus decision is communicated to the Executive Director.

Form 990, Part VI, Section B, Line 15B

Other officers meet with the Executive Director who follows a similar process as the one used for Top Management.

Form 990, Part VI, Section C, Line 19

Financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Raisinghope Inc
EIN
47-1788053
Phone
8054915439
Address
1534 NORTH MOORPARK RD 213, THOUSAND OAKS, CA 91360

Signing Officer

Name
Tamalani M Barnett
Title
Executive Director
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tamalani M Barnett
Formed
2014
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
6
Employees
5

Preparer

Firm
Allison & Gibb Llp
Address
601 E DAILY DRIVE SUITE 117, CAMARILLO, CA 93010
Preparer
Lisa a Allison CPA
Phone
8059871999
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

OTHER PROGRAM SERVICES 4: Mentoring - We match youth with a trained adult mentor that meets with the youth regularly to advise, support and encourage them through life. The resulting relationships often become the core support system in the youth's life.Our Celebrate Families event brings together families reunited with their children for at least a year. It is attended by Ventura County administrators, social workers, and a Ventura County Juvenile Justice Judge. Twenty families were recognized at the event. Holidays of Hope is an open house event with family-centered activities, food and beverages. Youth are given a personal gift of their choice. Over 200 youth received gifts. OTHER PROGRAM SERVICES 5: Financial Support - Requests for immediate or emergency needs or those not covered by other programs are fullfilled through financial support. The requests include assistance with rent, utilites, food, clothing, car repairs or insurance, special training or school supplies. OTHER PROGRAM SERVICES 6: "Wake Up" - Documentary film inspired by real-life stories of foster children and human trafficking victims.

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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0TAMALANI M BARNETT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0"Wake Up" - Documentary film inspired by real-life stories of foster children and human trafficking victims.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0100141
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt096445
IRS990/ProgSrvcAccomActy3Grp/Desc0Financial Support - Requests for immediate or emergency needs or those not covered by other programs are fullfilled through financial support. The requests include assistance with rent, utilites, food, clothing, car repairs or insurance, special training or school supplies.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt054622
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0179896
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt063918
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/PYOtherRevenueAmt0317
IRS990/PYRevenuesLessExpensesAmt0-10133
IRS990/PYSalariesCompEmpBnftPaidAmt069832
IRS990/PYTotalExpensesAmt0190346
IRS990/PYTotalRevenueAmt0180213
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt035690
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0436125
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0179896
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0265417
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt085273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt094409
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01061120
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0317
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt014582
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt019289
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt094047
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0128235
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89220
IRS990ScheduleA/PublicSupportPY170Pct00.76090
IRS990ScheduleA/PublicSupportTotal170Amt01061120
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0436125
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0179896
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0265417
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt085273
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt094409
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01061120
IRS990ScheduleA/TotalSupportAmt01189355
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01450
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01450
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02900
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01450
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt014246
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt014246
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015618
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01068
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01068
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Poker Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt03734
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03734
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023866
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt023866
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt09620
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt09620
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-5998
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010566
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010566
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0250
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0250
IRS990ScheduleG/LicensedStatesCd0CA
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0Special Fundraising Event
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2b - Fundraiser Additional Information
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0129977
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Cash
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0161
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Mentoring - We match youth with a trained adult mentor that meets with the youth regularly to advise, support and encourage them through life. The resulting relationships often become the core support system in the youth's life.Our Celebrate Families event brings together families reunited with their children for at least a year. It is attended by Ventura County administrators, social workers, and a Ventura County Juvenile Justice Judge. Twenty families were recognized at the event. Holidays of Hope is an open house event with family-centered activities, food and beverages. Youth are given a personal gift of their choice. Over 200 youth received gifts. OTHER PROGRAM SERVICES 5: Financial Support - Requests for immediate or emergency needs or those not covered by other programs are fullfilled through financial support. The requests include assistance with rent, utilites, food, clothing, car repairs or insurance, special training or school supplies. OTHER PROGRAM SERVICES 6: "Wake Up" - Documentary film inspired by real-life stories of foster children and human trafficking victims.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A draft copy of the tax return is provided to the Executive Director for review before filing. A copy of the tax return is also made available to the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Director meets with the Board and an independent expert who reviews responsibilities, job market compensation data and conditions for compensation increases. A consensus decision is communicated to the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Other officers meet with the Executive Director who follows a similar process as the one used for Top Management.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt047615
IRS990/TotalAssetsEOYAmt083305
IRS990/TotalAssetsGrp/BOYAmt047615
IRS990/TotalAssetsGrp/EOYAmt083305
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0425124
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012392
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028435
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0341982
IRS990/TotalFunctionalExpensesGrp/TotalAmt0382809

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