Civic Intelligence

Helping Overcome Povertys Existence Inc.

990 • Fiscal year 2014 • EIN 54-1630342

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 12, 2015

PO Box 743Wytheville, VA 24382

(276) 228-6280

Siviq Scores

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

Liabilities / Assets

84th percentile

0.68x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

1.38x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

87th percentile

35%

Higher net margin than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

42nd percentile

$44,171

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

85th percentile

25%

Faster asset growth than 85% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

92nd percentile

80%

Faster revenue growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$2,698,291

Up $542,282 (+25%) from 2013

Net Assets

Up

$876,167

Up $729,315 (+497%) from 2013

Liabilities

Down

$1,822,124

Down $187,033 (-9.3%) from 2013

Revenue

Up

$1,319,954

Up $585,746 (+80%) from 2013

Expenses

Down

$862,721

Down $41,381 (-4.6%) from 2013

Net Income

Up

$457,233

Up $627,127 (+369%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,673,748Liabilities 2011: $1,631,913Net Assets 2011: $41,8352011Assets 2012: $1,355,846Liabilities 2012: $1,039,100Net Assets 2012: $316,7462012Assets 2013: $2,156,009Liabilities 2013: $2,009,157Net Assets 2013: $146,8522013Assets 2014: $2,698,291Liabilities 2014: $1,822,124Net Assets 2014: $876,1672014Assets 2015: $2,516,949Liabilities 2015: $1,743,566Net Assets 2015: $773,3832015Assets 2016: $2,671,587Liabilities 2016: $1,891,328Net Assets 2016: $780,2592016Assets 2017: $2,606,404Liabilities 2017: $1,876,268Net Assets 2017: $730,1362017Assets 2018: $3,735,079Liabilities 2018: $2,644,101Net Assets 2018: $1,090,9782018Assets 2019: $4,018,150Liabilities 2019: $2,777,802Net Assets 2019: $1,240,3482019Assets 2020: $4,167,654Liabilities 2020: $2,646,179Net Assets 2020: $1,521,4752020Assets 2022: $5,246,776Liabilities 2022: $3,259,384Net Assets 2022: $1,987,3922022Assets 2023: $5,808,667Liabilities 2023: $3,771,750Net Assets 2023: $2,036,9172023Assets 2024: $5,852,579Liabilities 2024: $4,023,372Net Assets 2024: $1,829,2072024

Highlighted filing

2014

Assets$2,698,291
Liabilities$1,822,124
Net Assets$876,167

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $837,399Expenses 2011: $806,584Net Income 2011: $30,8152011Revenue 2012: $1,211,709Expenses 2012: $936,798Net Income 2012: $274,9112012Revenue 2013: $734,208Expenses 2013: $904,102Net Income 2013: -$169,8942013Revenue 2014: $1,319,954Expenses 2014: $862,721Net Income 2014: $457,2332014Revenue 2015: $789,425Expenses 2015: $892,209Net Income 2015: -$102,7842015Revenue 2016: $1,091,689Expenses 2016: $1,066,330Net Income 2016: $25,3592016Revenue 2017: $1,045,974Expenses 2017: $1,098,597Net Income 2017: -$52,6232017Revenue 2018: $1,503,902Expenses 2018: $1,143,060Net Income 2018: $360,8422018Revenue 2019: $1,568,218Expenses 2019: $1,418,848Net Income 2019: $149,3702019Revenue 2020: $1,823,719Expenses 2020: $1,560,292Net Income 2020: $263,4272020Revenue 2022: $1,591,441Expenses 2022: $1,936,946Net Income 2022: -$345,5052022Revenue 2023: $1,767,094Expenses 2023: $1,717,569Net Income 2023: $49,5252023Revenue 2024: $1,819,267Expenses 2024: $1,913,663Net Income 2024: -$94,3962024

Highlighted filing

2014

Revenue$1,319,954
Expenses$862,721
Net Income$457,233
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 12, 2015
Return Version
2013v4.0
Gross Receipts
$2,062,526
Mission and Program Overview

Mission

Hope provides tools to build community sustainability and independence, specifically by providing housing affordability and food security assistance for low income residents of the service area.

To provide low income housing assistance

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,085,790$1,580,693▲ $494,903
Inventories for Sale or Use$793,899$671,682▼ $122,217
Pledges and Grants Receivable$42,080$62,912▲ $20,832
Cash and Non-Interest-Bearing Accounts$72,342$18,940▼ $53,402
Prepaid Expenses and Deferred Charges$3,886$9,490▲ $5,604
Total Assets$2,156,009$2,698,291▲ $542,282
Other Assets Total$158,012$354,574▲ $196,562
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,900,365$1,582,711▼ $317,654
Other Liabilities$93,700$199,843▲ $106,143
Accounts Payable and Accrued Expenses$15,092$39,570▲ $24,478
Total Liabilities$2,009,157$1,822,124▼ $187,033
Net Assets / Fund Balance
Permanently Rstr Net Assets-$525,000-
Unrestricted Net Assets$136,286$348,815▲ $212,529
Temporarily Rstr Net Assets$10,566$2,352▼ $8,214
Total Net Assets Fund Balance$146,852$876,167▲ $729,315
Total Liabilities and Net Assets / Fund Balance$2,156,009$2,698,291▲ $542,282

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,416,045-$1,416,045
Land$322,726-$322,726
Equipment$73,499-$73,499
Other Land Buildings$-231,577$231,577-
Other Assets Org$186,778--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Andy KegleyExecutive DirectorFT$44,171$44,171

Board Members and Trustees

NameTitle
Rachel JonesChair
Kim SobeyVice Chair
Bob BallardDirector
Harvey AtkinsonDirector
Kimeco MossDirector
Lewis LafonDirector
Lynne BouknightDirector
Mike JenningsDirector
Miracle CarnerDirector
Misty PackDirector
Paulette TurpinDirector
Tony IsomDirector
Treva AdamsDirector
Drew LaingSecretary
Bruce StephensTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,266,573
Program Service Revenue
$0
Investment Income
$153
Other Revenue
$53,228
All Other Contributions
$840,452
Change in Net Assets
$457,233

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,319,954
Total Revenue per Audited Statements
$1,319,954
Total Revenue per Form 990
$1,319,954
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$328,846
Grants and Similar Amounts Paid$322,265
Other Expenses$211,610
Total Fundraising Expense$35,741
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$322,265--$322,265
Other Salaries and Wages$143,864$44,702$15,440$204,006
Other Employee Benefits$42,171$10,543-$52,714
Interest$48,683--$48,683
Current Officers, Directors, Trustees, and Key Employees$14,534$14,534$14,534$43,602
Depreciation Depletion$33,653$3,739-$37,392
Other Expenses$28,930$4,756-$28,930
Payroll Taxes$15,121$5,655$2,861$23,637
Insurance$8,862$8,860-$17,722
Office Expenses$9,600$2,400-$12,000
Fees for Services Other$7,194$4,697-$11,891
All Other Expenses$3,404$4,905$2,906$11,215
Pension Plan Contributions$3,910$977-$4,887
Travel$2,061$2,061-$4,122
Total Functional Expenses$700,623$126,357$35,741$862,721

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$862,721
Total Expenses per Audited Statements$862,721
Total Expenses per Form 990$862,721
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$10,565---
Total Events$10,565---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fiscal Agent Liability$110,073
Accrued Intererst Payable$61,751
Federal income taxes$21,746
Refundable Advances$4,780
Accrued Expenses$1,493
Security Deposits and Escrows-
Line of Credit-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Line 11B

The organizations process to review form 990 - the organizations executive director and board of directors review the 990 prior to filing

Form 990, Part VII, Line 15A 15B

Compensation process for officers - the board of directors reviews and approves the executive directors compensation. Any increase in the executive directors compensation is documented in the organizations minutes

Form 990, Part VI, Line 19

Governing documents disclosure - the organizations governing documents are made available to the public upon request

Filing and Contact Details

Filer

EIN
54-1630342
Phone
2762286280

Signing Officer

Name
G Andrew Kegley Jr
Title
Executive Director
Signed
2015-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel Jones
Formed
1992
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
9

Preparer

Preparer
Joseph Schaben
Phone
5409660114
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

The organization recieved assets of 234,802 from another nonprofit organization that dissolved and terminated their existence.

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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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IRS990/IndependentVotingMemberCnt015
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IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt08860
IRS990/InsuranceGrp/ProgramServicesAmt08862
IRS990/InsuranceGrp/TotalAmt017722
IRS990/InterestGrp/ProgramServicesAmt048683
IRS990/InterestGrp/TotalAmt048683
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0793899
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0671682
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IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt01580693
IRS990/LandBldgEquipCostOrOtherBssAmt01812270
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide low income housing assistance
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01900365
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01582711
IRS990/NetAssetsOrFundBalancesBOYAmt0146852
IRS990/NetAssetsOrFundBalancesEOYAmt0876167
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-40644
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt074793
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt074793
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IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02400
IRS990/OfficeExpensesGrp/ProgramServicesAmt09600
IRS990/OfficeExpensesGrp/TotalAmt012000
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IRS990/OperateHospitalInd0false
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IRS990/OtherAssetsTotalGrp/EOYAmt0354574
IRS990/OtherChangesInNetAssetsAmt0272086
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010543
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt042171
IRS990/OtherEmployeeBenefitsGrp/TotalAmt052714
IRS990/OtherExpensesGrp/Desc0TELEPHONE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2LICENSES AND TAXES
IRS990/OtherExpensesGrp/Desc3MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04305
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114223
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24756
IRS990/OtherExpensesGrp/ProgramServicesAmt010044
IRS990/OtherExpensesGrp/ProgramServicesAmt14741
IRS990/OtherExpensesGrp/ProgramServicesAmt21586
IRS990/OtherExpensesGrp/ProgramServicesAmt328930
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IRS990/OtherExpensesGrp/TotalAmt118964
IRS990/OtherExpensesGrp/TotalAmt26342
IRS990/OtherExpensesGrp/TotalAmt328930
IRS990/OtherLiabilitiesGrp/BOYAmt093700
IRS990/OtherLiabilitiesGrp/EOYAmt0199843
IRS990/OtherRevenueMiscGrp/Desc0Contracts - program
IRS990/OtherRevenueMiscGrp/Desc1Reimbursements and misc
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt018729
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1350
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1350
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015440
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0143864
IRS990/OtherSalariesAndWagesGrp/TotalAmt0204006
IRS990/OwnWebsiteInd0X
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02861
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05655
IRS990/PayrollTaxesGrp/ProgramServicesAmt015121
IRS990/PayrollTaxesGrp/TotalAmt023637
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0977
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03910
IRS990/PensionPlanContributionsGrp/TotalAmt04887
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0525000
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt062912
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03886
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IRS990/PrincipalOfficerNm0RACHEL JONES
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IRS990/PYContributionsGrantsAmt0618864
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0404136
IRS990/PYInvestmentIncomeAmt0203
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IRS990/PYOtherExpensesAmt0206117
IRS990/PYOtherRevenueAmt0115141
IRS990/PYRevenuesLessExpensesAmt0-169894
IRS990/PYSalariesCompEmpBnftPaidAmt0293849
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IRS990/PYTotalRevenueAmt0734208
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IRS990/RegularMonitoringEnfrcInd0false
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IRS990/RentalIncomeOrLossGrp/RealAmt074793
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
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IRS990/RevenueAmt093872
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01317357
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0618864
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01053221
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0722554
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0907999
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0153
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0369
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01746
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0115141
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0158131
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0114181
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0114231
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0595556
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.88550
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.87400
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0907999
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04619995
IRS990ScheduleA/TotalSupportAmt05217297
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED

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