Civic Intelligence

Hope Thrift II Inc

EIN 47-5062205 • 501(c)3 • Camden, NJ

1700 South BroadwayCamden, NJ 08104
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

13th percentile

-63%

Higher net margin than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

96th percentile

$69,628

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 507.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-96%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $8,582 (-100%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Down

$0

Down $8,582 (-100%) from 2017

Operations
Liabilities / Revenue62nd percentileNet Margin13th percentile

Revenue

Down

$13,710

Down $317,901 (-96%) from 2017

Expenses

Down

$22,292

Down $301,128 (-93%) from 2017

Net Income

Down

-$8,582

Down $16,773 (-205%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$40K$30K$20K$10K$0Assets 2015: $35,161Liabilities 2015: $31,785Net Assets 2015: $3,3762015Assets 2016: $36,066Liabilities 2016: $29,285Net Assets 2016: $6,7812016Assets 2017: $8,582Liabilities 2017: $0Net Assets 2017: $8,5822017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0
Open 2018 Filing

Operations Trend

Revenue Growth5th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $55,060Expenses 2015: $51,684Net Income 2015: $3,3762015Revenue 2016: $302,059Expenses 2016: $298,654Net Income 2016: $3,4052016Revenue 2017: $331,611Expenses 2017: $323,420Net Income 2017: $8,1912017Revenue 2018: $13,710Expenses 2018: $22,292Net Income 2018: -$8,5822018

Highlighted filing

2018

Revenue$13,710
Expenses$22,292
Net Income-$8,582
Open 2018 Filing

Filings

Most recent year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$13,710
Expenses
$22,292
Net income
-$8,582
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.14$0.22$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$3.32$3.23$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.29$0.07$3.02$2.99$0.03
2015Summary only. Only limited summary data is available for this year.$0.35$0.32$0.03$0.55$0.52$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$13,710
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,582--
Rtn Earn Endowment Incm Other Fnds$8,582--
Total Assets$8,582$0▼ $8,582
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,582$0▼ $8,582
Total Liabilities and Net Assets / Fund Balance$8,582$0▼ $8,582
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeOtherTotal
William AntinorePresidentPT$69,628$69,628

Board Members and Trustees

NameTitle
William F BorghardSecretary
Ronald BeebeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$13,710
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-8,582
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,292
Salaries, Compensation, and Employee Benefits$11,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$8,356--$8,356
Payroll Taxes$5,506--$5,506
Other Salaries and Wages$5,494--$5,494
Fees for Services Accounting$2,820--$2,820
Other Expenses$116--$116
Total Functional Expenses$22,292$0$0$22,292
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B

“Organizations Process to Review Form 990 The governing body reviews Form 990 prior to filing. Electronic copies are distributed, reviewed, and commented on. A final in-person review is conducted.”

Form 990, Part VI, Line 19

“Governing Documents Disclosure Explanation Governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Hope Thrift II Inc
EIN
47-5062205
Phone
8659630312
Address
1700 South Broadway, Camden, NJ 08104

Signing Officer

Name
Ron Beebe
Title
Treasurer
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Beebe
Formed
2014
Legal Domicile
Nj
Voting Board Members
3
Independent Board Members
2
Employees
11

Preparer

Firm
Van Noy & Co LLP
Address
PO Box 737, Mullica Hill, NJ 08062
Preparer
Linda M Van Noy
Phone
8569813021
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

“Form 990 - Organizations Mission - Hope Thrift II is a Christian faith based organization that collects clothes and other household items and offers them for sale at discount prices. Proceeds from the sales are donated to Seeds of Hope Ministries, Inc., a related 501c3 organization. A portion of the clothing and other items collected will be distributed to those in need without charge. Newly released inmates work in this ministry to assist in their reentry into the community.”

Form 990, Part V, Line Line 3B

“The organization does not have unrelated business income.”

Form 990, Part III, Line 3

“Store operations ceased 12/31/17 for 2018 proposed liquidation”

Form 990, Part XI, Line 9

“Loss on disposition of retail store equipment upon retirement”

Form 990, Part III, Line 3

“Thrift Store ceased operations in January 2018. All inventory disposed according to organizational documents. There were no fixed assets.”

Raw XML Appendix367 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 - Organizations Mission - Hope Thrift II is a Christian faith based organization that collects clothes and other household items and offers them for sale at discount prices. Proceeds from the sales are donated to Seeds of Hope Ministries, Inc., a related 501c3 organization. A portion of the clothing and other items collected will be distributed to those in need without charge. Newly released inmates work in this ministry to assist in their reentry into the community.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organizations Process to Review Form 990 The governing body reviews Form 990 prior to filing. Electronic copies are distributed, reviewed, and commented on. A final in-person review is conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing Documents Disclosure Explanation Governing documents and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization does not have unrelated business income.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Store operations ceased 12/31/17 for 2018 proposed liquidation
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Thrift Store ceased operations in January 2018. All inventory disposed according to organizational documents. There were no fixed assets.
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IRS990/TotReportableCompRltdOrgAmt069628
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/USAddress/ZIPCd008104
IRS990/VotingMembersGoverningBodyCnt03
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ron Beebe
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Hope Thrift II Inc
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0475062205
ReturnHeader/Filer/PhoneNum08659630312
ReturnHeader/Filer/USAddress/AddressLine1Txt01700 South Broadway
ReturnHeader/Filer/USAddress/CityNm0Camden
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008104
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId095B4E0F43A80F2B191C6EF7E5DAD8B0F08887067
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId095B4E0F43A80F2B191C6EF7E5DAD8B0F08887067
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.117.108.99
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm020:04:42
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Van Noy & Co LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 737
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mullica Hill
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008062
ReturnHeader/PreparerPersonGrp/PhoneNum08569813021
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Linda M Van Noy
ReturnHeader/ReturnTs02019-11-14T01:50:45-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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