Civic Intelligence

Hope Harbor Home Inc.

990 • Fiscal year 2015 • EIN 56-1541947

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 13, 2015

PO Box 230Supply, NC 28462

(910) 754-5726

Siviq Scores

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

Liabilities / Assets

79th percentile

0.37x

Higher debt load relative to assets than 79% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

0.28x

Higher debt load relative to revenue than 77% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

23rd percentile

-8.4%

Higher net margin than 23% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

76th percentile

$67,579

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

15th percentile

-11%

Faster asset growth than 15% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

21st percentile

-14%

Faster revenue growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$596,335

Down $73,208 (-11%) from 2014

Net Assets

Down

$376,401

Down $63,700 (-14%) from 2014

Liabilities

Down

$219,934

Down $9,508 (-4.1%) from 2014

Revenue

Down

$790,673

Down $123,619 (-14%) from 2014

Expenses

Down

$856,916

Down $123,280 (-13%) from 2014

Net Income

Down

-$66,243

Down $339 (-0.5%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $744,795Liabilities 2011: $262,144Net Assets 2011: $482,6512011Assets 2012: $736,830Liabilities 2012: $241,554Net Assets 2012: $495,2762012Assets 2013: $744,757Liabilities 2013: $245,044Net Assets 2013: $499,7132013Assets 2014: $669,543Liabilities 2014: $229,442Net Assets 2014: $440,1012014Assets 2015: $596,335Liabilities 2015: $219,934Net Assets 2015: $376,4012015Assets 2016: $645,678Liabilities 2016: $195,171Net Assets 2016: $450,5072016Assets 2017: $744,618Liabilities 2017: $196,984Net Assets 2017: $547,6342017Assets 2018: $778,489Liabilities 2018: $182,516Net Assets 2018: $595,9732018Assets 2019: $814,369Liabilities 2019: $177,332Net Assets 2019: $637,0372019Assets 2020: $952,183Liabilities 2020: $292,973Net Assets 2020: $659,2102020Assets 2021: $965,023Liabilities 2021: $55,726Net Assets 2021: $909,2972021Assets 2022: $1,366,767Liabilities 2022: $126,558Net Assets 2022: $1,240,2092022Assets 2023: $1,675,912Liabilities 2023: $139,311Net Assets 2023: $1,536,6012023Assets 2024: $1,828,232Liabilities 2024: $86,006Net Assets 2024: $1,742,2262024Assets 2025: $2,040,348Liabilities 2025: $92,344Net Assets 2025: $1,948,0042025

Highlighted filing

2015

Assets$596,335
Liabilities$219,934
Net Assets$376,401

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,057,4712011Expenses 2012: $1,023,3802012Expenses 2013: $1,067,4852013Revenue 2014: $914,292Expenses 2014: $980,196Net Income 2014: -$65,9042014Revenue 2015: $790,673Expenses 2015: $856,916Net Income 2015: -$66,2432015Revenue 2016: $978,521Expenses 2016: $916,134Net Income 2016: $62,3872016Revenue 2017: $675,294Expenses 2017: $585,244Net Income 2017: $90,0502017Revenue 2018: $643,630Expenses 2018: $590,343Net Income 2018: $53,2872018Revenue 2019: $620,029Expenses 2019: $598,372Net Income 2019: $21,6572019Revenue 2020: $586,439Expenses 2020: $564,773Net Income 2020: $21,6662020Revenue 2021: $741,851Expenses 2021: $508,443Net Income 2021: $233,4082021Revenue 2022: $827,411Expenses 2022: $512,867Net Income 2022: $314,5442022Revenue 2023: $871,041Expenses 2023: $588,475Net Income 2023: $282,5662023Revenue 2024: $828,959Expenses 2024: $607,968Net Income 2024: $220,9912024Revenue 2025: $922,541Expenses 2025: $618,327Net Income 2025: $304,2142025

Highlighted filing

2015

Revenue$790,673
Expenses$856,916
Net Income-$66,243
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 13, 2015
Return Version
2014v5.0
Gross Receipts
$797,111
Mission and Program Overview

Mission

Hope Harbor Home strives to break the cycle of domestic and sexual violence in Brunswick County, North Carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$302,087$285,834▼ $16,253
Cash and Non-Interest-Bearing Accounts$217,165$146,296▼ $70,869
Investments in Publicly Traded Securities$71,486$75,769▲ $4,283
Pledges and Grants Receivable$27,551$39,561▲ $12,010
Inventories for Sale or Use$42,148$36,429▼ $5,719
Prepaid Expenses and Deferred Charges$9,106$12,446▲ $3,340
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$669,543$596,335▼ $73,208
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$169,757$159,300▼ $10,457
Accounts Payable and Accrued Expenses$59,685$60,634▲ $949
Total Liabilities$229,442$219,934▼ $9,508
Net Assets / Fund Balance
Unrestricted Net Assets$410,101$376,401▼ $33,700
Temporarily Rstr Net Assets$30,000--
Total Net Assets Fund Balance$440,101$376,401▼ $63,700
Total Liabilities and Net Assets / Fund Balance$669,543$596,335▼ $73,208

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$201,419$265,624$467,043
Land$73,500-$73,500
Equipment$10,915$49,762$60,677
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Lynn CarlsonExecutive Director$65,821$1,758$67,579

Board Members and Trustees

NameTitle
Nita RobertsonPresident
Dick WarnerVice President
Gene FallerVice President
John GoldsworthVice President
Ann ParvinDirector
BJ StephensDirector
Gina EsseyDirector
Helen SteadDirector
Jonathan DavidDirector
Mary PageDirector
Norm RogersDirector
Peggy RowlandDirector
Timothy RandallDirector
Tom HunterDirector
Lizzie MitchellSecretary
Gayle ToddTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$778,182
Program Service Revenue
$0
Investment Income
$1,740
Other Revenue
$10,751
All Other Contributions
$531,087
Change in Net Assets
$-66,243

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$419,332Cash upon Sale
Total Noncash Contributions$419,332-

Audited Revenue Reconciliation

Revenue per Audited Statements
$790,673
Revenue Not Reported on Form 990
$2,543
Total Revenue per Audited Statements
$793,216
Total Revenue per Form 990
$790,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$643,261
Other Expenses$213,655
Total Fundraising Expense$57,245
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$423,048$38,241$8,670$469,959
Occupancy$82,480$157$157$82,794
Current Officers, Directors, Trustees, and Key Employees-$33,790$33,789$67,579
Other Employee Benefits$42,133$6,207$3,262$51,602
Payroll Taxes$36,716$6,175$3,609$46,500
Depreciation Depletion$26,254$745$745$27,744
Insurance$16,173$2,160-$18,333
Travel$11,263$4,622$1,377$17,262
Interest$10,614--$10,614
Pension Plan Contributions$6,018$1,012$591$7,621
Fees for Services Accounting-$7,200-$7,200
Other Expenses$3,222$5,609$5,045$3,222
Fees for Services Other$2,370--$2,370
Total Functional Expenses$693,753$105,918$57,245$856,916

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$856,916
Total Expenses per Audited Statements$856,916
Total Expenses per Form 990$856,916
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,189
Fundraising Direct Expenses$6,438
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual golf tournament$17,189$17,189$6,438$10,751
Total Events$17,189$17,189$6,438$10,751
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
Audit committee
Yes
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
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: Form 990 Review Process

The 990 is reviewed by the treasurer with the CPA who prepared it. The full board is notified that the 990 is available for review. Comments and questions are solicited.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each prospective board member is required to disclose conflicts before being voted onto the board of directors. Directors are expected to immediately disclose a conflict as soon as it arises.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Personnel committee of the board meets on major personnel decisions such as compensation changes. Wage comparison data is provided and committee reports back to the full board where decisions are documented in the minutes.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Form 990 can be found on guidestar.org and other information is available upon request.

Filing and Contact Details

Filer

Filer Name
Hope Harbor Home Inc
EIN
56-1541947
Phone
9107545726
Address
PO Box 230, Supply, NC 28462

Signing Officer

Name
Gayle Todd
Title
Treasurer
Signed
2015-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
BJ Stephens
Formed
1986
Legal Domicile
Nc
Voting Board Members
16
Independent Board Members
16
Employees
36
Volunteers
85

Preparer

Firm
Bearmancpa Pllc
Address
124 Cavalier Dr, WILMINGTON, NC 28403-2547
Preparer
Nigel Bearman
Phone
9105080630
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The organization is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code. Additionally, it does not generate business income unrelated to its exempt purpose and therefore has made no provision for income taxes or uncertain tax positions in the financial statements. There are no federal or state tax audits of the organization in progress and Hope Harbor believes it is not subject to tax examinations for fiscal years prior to FY 2011/12.

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IRS990/Desc0Provided low-cost, practical necessities to the Brunswick County community, such as clothing and furniture, through the operation of four thrift stores. The stores provide a mechanism for Hope Harbor to place awareness materials in the community about domestic violence and sexual assault including contact information for those in need and general educational materials.
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IRS990/Form990PartVIISectionAGrp/PersonNm8Jonathan David
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IRS990/Form990PartVIISectionAGrp/PersonNm10Tom Hunter
IRS990/Form990PartVIISectionAGrp/PersonNm11Mary Page
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IRS990/Form990PartVIISectionAGrp/PersonNm14Norm Rogers
IRS990/Form990PartVIISectionAGrp/PersonNm15BJ Stephens
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06207
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt042133
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IRS990/PartialLiquidationInd0false
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IRS990/PrincipalOfficerNm0BJ Stephens
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IRS990/ProgSrvcAccomActy2Grp/Desc0Served over 1000 people via counseling, phone advice or direct contact at the shelter. Over 100 people physically stayed at the shelter during the course of the year, many on multiple occasions.
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IRS990/PYTotalExpensesAmt0980196
IRS990/PYTotalRevenueAmt0914292
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0894033
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01042859
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01007917
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01029353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04752344
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01721
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09532
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04001

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.09$1.95$0.92$0.62$0.30
2024Detailed filing. Detailed filing data is available for this year.$1.83$0.09$1.74$0.83$0.61$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.68$0.14$1.54$0.87$0.59$0.28
2022Detailed filing. Detailed filing data is available for this year.$1.37$0.13$1.24$0.83$0.51$0.31
2021Detailed filing. Detailed filing data is available for this year.$0.97$0.06$0.91$0.74$0.51$0.23
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.29$0.66$0.59$0.56$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.18$0.64$0.62$0.60$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.78$0.18$0.60$0.64$0.59$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.20$0.55$0.68$0.59$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.65$0.20$0.45$0.98$0.92$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.22$0.38$0.79$0.86$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.23$0.44$0.91$0.98$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.25$0.50$1.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.24$0.50$1.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.26$0.48$1.06