Civic Intelligence

Hope House Foundation Inc.

990 • Fiscal year 2016 • EIN 54-0804383

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 30, 2016

801 Boush Street Suite 302Norfolk, VA 23510

(757) 625-6161

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.20x

Higher debt load relative to assets than 52% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.12x

Higher debt load relative to revenue than 39% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

20th percentile

-10.0%

Higher net margin than 20% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

62nd percentile

$146,440

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

6th percentile

-16%

Faster asset growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

19th percentile

-13%

Faster revenue growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$4,663,682

Down $871,774 (-16%) from 2015

Net Assets

Down

$3,745,835

Down $823,878 (-18%) from 2015

Liabilities

Down

$917,847

Down $47,896 (-5.0%) from 2015

Revenue

Down

$7,910,881

Down $1,219,570 (-13%) from 2015

Expenses

Up

$8,698,999

Up $863,455 (+11%) from 2015

Net Income

Down

-$788,118

Down $2,083,025 (-161%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $4,224,512Liabilities 2011: $986,275Net Assets 2011: $3,238,2372011Assets 2012: $3,918,024Liabilities 2012: $1,004,671Net Assets 2012: $2,913,3532012Assets 2013: $3,843,087Liabilities 2013: $1,012,330Net Assets 2013: $2,830,7572013Assets 2014: $4,156,313Liabilities 2014: $904,711Net Assets 2014: $3,251,6022014Assets 2015: $5,535,456Liabilities 2015: $965,743Net Assets 2015: $4,569,7132015Assets 2016: $4,663,682Liabilities 2016: $917,847Net Assets 2016: $3,745,8352016Assets 2017: $5,559,443Liabilities 2017: $1,034,771Net Assets 2017: $4,524,6722017Assets 2018: $6,106,588Liabilities 2018: $1,019,686Net Assets 2018: $5,086,9022018Assets 2019: $6,145,807Liabilities 2019: $1,099,171Net Assets 2019: $5,046,6362019Assets 2020: $7,759,243Liabilities 2020: $3,034,963Net Assets 2020: $4,724,2802020Assets 2021: $8,250,510Liabilities 2021: $1,238,107Net Assets 2021: $7,012,4032021Assets 2022: $8,074,708Liabilities 2022: $1,197,481Net Assets 2022: $6,877,2272022Assets 2023: $10,321,431Liabilities 2023: $1,881,596Net Assets 2023: $8,439,8352023Assets 2024: $10,877,912Liabilities 2024: $3,073,250Net Assets 2024: $7,804,6622024

Highlighted filing

2016

Assets$4,663,682
Liabilities$917,847
Net Assets$3,745,835

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $6,210,4092011Expenses 2012: $7,227,0202012Expenses 2013: $7,043,7022013Revenue 2014: $7,516,544Expenses 2014: $7,144,002Net Income 2014: $372,5422014Revenue 2015: $9,130,451Expenses 2015: $7,835,544Net Income 2015: $1,294,9072015Revenue 2016: $7,910,881Expenses 2016: $8,698,999Net Income 2016: -$788,1182016Revenue 2017: $10,732,518Expenses 2017: $10,039,196Net Income 2017: $693,3222017Revenue 2018: $10,730,563Expenses 2018: $10,254,821Net Income 2018: $475,7422018Revenue 2019: $11,138,049Expenses 2019: $11,248,630Net Income 2019: -$110,5812019Revenue 2020: $11,430,670Expenses 2020: $11,719,073Net Income 2020: -$288,4032020Revenue 2021: $13,413,592Expenses 2021: $11,744,968Net Income 2021: $1,668,6242021Revenue 2022: $12,111,448Expenses 2022: $12,100,953Net Income 2022: $10,4952022Revenue 2023: $15,123,701Expenses 2023: $13,560,776Net Income 2023: $1,562,9252023Revenue 2024: $15,472,503Expenses 2024: $16,368,710Net Income 2024: -$896,2072024

Highlighted filing

2016

Revenue$7,910,881
Expenses$8,698,999
Net Income-$788,118
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 30, 2016
Return Version
2015v2.1
Gross Receipts
$8,829,451
Mission and Program Overview

Mission

We believe neighborhoods and communities are enhanced when all the people in them, including those with disabilities, participate fully. Our services are based on the conviction that people with disabilities should live in their own homes and have control over their day-to-day lives just as do people without disabilities. We believe that being a part of the community should not be limited by attainment of certain skills. Helping people achieve true citizenship requires all of us to make the concepts of freedom and choice a reality. We do this through our services, our participation in our community, and within our hearts - each day, every day.

To help people with disabilities, the organization provides individualized supported living services for adults with intellectual and developmental disablities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,196,096$2,448,540▼ $747,556
Accounts Receivable$584,786$924,599▲ $339,813
Land, Buildings, and Equipment, Net$202,148$178,839▼ $23,309
Cash and Non-Interest-Bearing Accounts$460,667$109,232▼ $351,435
Pledges and Grants Receivable$41,750$67,372▲ $25,622
Inventories for Sale or Use$18,387$17,169▼ $1,218
Other Notes and Loans Receivable, Net$7,000$7,000→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$5,535,456$4,663,682▼ $871,774
Other Assets Total$1,024,622$910,931▼ $113,691
Liabilities
Accounts Payable and Accrued Expenses$832,280$889,094▲ $56,814
Other Liabilities$10,563$11,353▲ $790
Mortgage Notes Payable Secured by Investment Property$107,500$11,250▼ $96,250
Deferred Revenue$15,400$6,150▼ $9,250
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$965,743$917,847▼ $47,896
Net Assets / Fund Balance
Unrestricted Net Assets$4,132,399$3,537,746▼ $594,653
Temporarily Rstr Net Assets$427,314$198,089▼ $229,225
Permanently Rstr Net Assets$10,000$10,000→ $0
Total Net Assets Fund Balance$4,569,713$3,745,835▼ $823,878
Total Liabilities and Net Assets / Fund Balance$5,535,456$4,663,682▼ $871,774

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$173,788$319,574$493,362
Other Land Buildings$5,051$12,494$17,545
Leasehold Improvements-$1,304$1,304
Other Assets Org$850,416--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
C Lynne SeagleExecutive DirectorFT$114,322$32,118$146,440

Board Members and Trustees

NameTitle
Joshua HarrisPresident
Anne StandingVice President
Diana WhiteDirector
Dorothy ClarkDirector
Dr Tom MccuneDirector
Grey PersonsDirector
Jacqueline SchillereffDirector
Jeff ParkerDirector
Matthew FineDirector
Pam KatranchaDirector
Peggy MederDirector
Peter T LeddyDirector
Richard C Mapp IiiDirector
Shannon Layman-pecoraroDirector
Tom MossDirector
Janet DavisSecretary
Jonathan GrayTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$868,401
Program Service Revenue
$7,233,414
Investment Income
$3,470
Other Revenue
$-194,404
All Other Contributions
$825,481
Change in Net Assets
$-788,118

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$365,264Annual Sales Value
Other Non Cash Contri Table$15,000Fair Market Value
Total Noncash Contributions$380,264-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,910,881
Revenue Not Reported on Form 990
$26,827
Total Revenue per Audited Statements
$7,937,708
Total Revenue per Form 990
$7,910,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,945,061
Other Expenses$1,629,656
Total Fundraising Expense$354,306
Grants and Similar Amounts Paid$124,282
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,789,582$358,931$139,040$5,287,553
Other Employee Benefits$716,601$52,911$15,823$785,335
Payments to Affiliates$554,594--$554,594
Payroll Taxes$380,901$29,242$12,800$422,943
Pension Plan Contributions$271,896$52,993$4,362$329,251
All Other Expenses$193,928$39,852$71,074$304,854
Occupancy$113,044$91,676-$204,720
Insurance$130,175$8,584$4,487$143,246
Grants to Domestic Individuals$124,282--$124,282
Current Officers, Directors, Trustees, and Key Employees$71,987$23,996$23,996$119,979
Depreciation Depletion$61,604$25,178-$86,782
Other Expenses$4,573$7,631$68,211$80,415
Office Expenses$42,407$8,493$4,286$55,186
Travel$22,212--$22,212
Advertising$2,818-$6,892$9,710
Conferences and Meetings$2,933-$175$3,108
Interest$133$920$936$1,989
Total Functional Expenses$7,639,531$705,162$354,306$8,698,999

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,761,586
Expenses per Audited Statements$8,698,999
Total Expenses per Form 990$8,698,999
Expenses Not Reported on Form 990$62,587
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$339,592
Fundraising Direct Expenses$160,560
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art Festival$199,847$199,847$62,231$137,616
Total Events$339,592$339,592$160,559$179,033
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Withholdings$11,269
Due to Affiliate$84
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

990, Part VI, Section B, Line 11B - Form 990 Review

Form 990 is distributed to the executive committee for review before the organization files the return.

990,part VI, Section C, Line 19 - Public Inspection

The organization makes available to the public upon request its governing documents, conflict of interest policy, and financial statements.

990, Part VI, Section B, Line 15 - Compensation

The board of directors will employ and annually evaluate the performance of the executive director and authorize the employment of such other persons as it may deem necessary or appropriate for the successful execution of the purposes of the corporation. The executive committee of the board of directors meets each year to evaluate performance and determine appropriate compensation for the executive director, including other benefit compensation changes or additions.

990, Part VI, Section B, Line 12C - Conflict of Interest

Directors sign a conflict of interest policy upon election to the board of directors. The foundation keeps the signed acknowledgements on file. The board of directors periodically reviews the conflict of interest policy.

Filing and Contact Details

Filer

Filer Name
Hope House Foundation
EIN
54-0804383
In Care Of
% REBECCA DUGGER
Phone
7576256161
Address
801 BOUSH STREET SUITE 302, NORFOLK, VA 23510

Signing Officer

Name
Caren Lynne Seagle
Title
Executive Director
Phone
7576256161
Signed
2016-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
C Lynne Seagle
Formed
1965
Legal Domicile
Va
Voting Board Members
17
Independent Board Members
17
Employees
350
Volunteers
190

Preparer

Firm
McPhillips Roberts & Deans PLC
Address
150 Boush Street Suite 1100, Norfolk, VA 23510
Preparer
Joy M Bixler
Phone
7576407190
Supplemental Narrative

Additional Explanations

990, Part XI, Line 9 - Other Changes in Net Assets

Net decrease of $35,760 in the interest in net assets of the hampton roads community foundation.

Financial Statement Notes

Sch D,part X,line 2 - Fin 48 Footnote

Management continually evaluates tax positions reflected in the organization's tax filings and believes no material uncertain tax positions exist.

Sch D,part XI & XII, Line 2D - Change in Net Assets

Net decrease of $35,760 in the interest in net assets of the hampton roads community foundation.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.9$3.07$7.80$15.5$16.4$0.90
2023Detailed filing. Detailed filing data is available for this year.$10.3$1.88$8.44$15.1$13.6$1.56
2022Detailed filing. Detailed filing data is available for this year.$8.07$1.20$6.88$12.1$12.1$0.01
2021Detailed filing. Detailed filing data is available for this year.$8.25$1.24$7.01$13.4$11.7$1.67
2020Detailed filing. Detailed filing data is available for this year.$7.76$3.03$4.72$11.4$11.7$0.29
2019Detailed filing. Detailed filing data is available for this year.$6.15$1.10$5.05$11.1$11.2$0.11
2018Detailed filing. Detailed filing data is available for this year.$6.11$1.02$5.09$10.7$10.3$0.48
2017Detailed filing. Detailed filing data is available for this year.$5.56$1.03$4.52$10.7$10.0$0.69
2016Detailed filing. Detailed filing data is available for this year.$4.66$0.92$3.75$7.91$8.70$0.79
2015Detailed filing. Detailed filing data is available for this year.$5.54$0.97$4.57$9.13$7.84$1.29
2014Detailed filing. Detailed filing data is available for this year.$4.16$0.90$3.25$7.52$7.14$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$1.01$2.83$7.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.92$1.00$2.91$7.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$0.99$3.24$6.21