Civic Intelligence

Project Hopewell Inc

EIN 63-1279891 • 501(c)3 • Birmingham, AL

Profile

To assist the socially and economically disadvantage individuals and families toward a life of self-sufficiency. The programs will consist of but not limited to job training

4817 Jefferson Avenue SW Bld 2Birmingham, AL 35221

www.projecthopewell.com

Siviq Scores

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

Liabilities / Assets

99th percentile

18.29x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

0.91x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

28th percentile

-13%

Higher net margin than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

20th percentile

-50%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-77%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$19,721

Down $19,981 (-50%) from 2022

Liabilities

Up

$360,674

Up $29,781 (+9.0%) from 2022

Net Assets

Down

-$340,953

Down $49,762 (-17%) from 2022

Revenue

Down

$396,066

Down $1,290,535 (-77%) from 2022

Expenses

Down

$445,828

Down $1,339,058 (-75%) from 2022

Net Income

Up

-$49,762

Up $48,523 (+49%) from 2022

Trend Graphs

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2010: $50,911Liabilities 2010: $440Net Assets 2010: $50,4712010Assets 2011: $44,387Liabilities 2011: $130Net Assets 2011: $44,2572011Assets 2012: $41,282Liabilities 2012: $5,501Net Assets 2012: $35,7812012Assets 2013: $86,073Liabilities 2013: $5,501Net Assets 2013: $80,5722013Assets 2014: $119,867Liabilities 2014: $899Net Assets 2014: $118,9682014Assets 2015: $305,894Liabilities 2015: $1,267Net Assets 2015: $304,6272015Assets 2017: $193,602Liabilities 2017: $67,552Net Assets 2017: $126,0502017Assets 2018: $168,485Liabilities 2018: $19,033Net Assets 2018: $149,4522018Assets 2019: $118,259Liabilities 2019: $105,427Net Assets 2019: $12,8322019Assets 2020: $372,460Liabilities 2020: $122,918Net Assets 2020: $249,5422020Assets 2021: $180,057Liabilities 2021: $372,963Net Assets 2021: -$192,9062021Assets 2022: $39,702Liabilities 2022: $330,893Net Assets 2022: -$291,1912022Assets 2023: $19,721Liabilities 2023: $360,674Net Assets 2023: -$340,9532023

Highlighted filing

2023

Assets$19,721
Liabilities$360,674
Net Assets-$340,953

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $71,872Expenses 2010: $26,730Net Income 2010: $45,1422010Revenue 2011: $51,961Expenses 2011: $50,422Net Income 2011: $1,5392011Expenses 2012: $203,0472012Revenue 2013: $396,631Expenses 2013: $352,279Net Income 2013: $44,3522013Revenue 2014: $1,377,994Expenses 2014: $1,359,401Net Income 2014: $18,5932014Revenue 2015: $1,728,067Expenses 2015: $1,542,407Net Income 2015: $185,6602015Revenue 2017: $1,986,159Expenses 2017: $1,977,569Net Income 2017: $8,5902017Revenue 2018: $1,462,288Expenses 2018: $1,438,886Net Income 2018: $23,4022018Revenue 2019: $1,329,957Expenses 2019: $1,466,577Net Income 2019: -$136,6202019Revenue 2020: $2,026,897Expenses 2020: $1,790,187Net Income 2020: $236,7102020Revenue 2021: $1,345,080Expenses 2021: $1,787,528Net Income 2021: -$442,4482021Revenue 2022: $1,686,601Expenses 2022: $1,784,886Net Income 2022: -$98,2852022Revenue 2023: $396,066Expenses 2023: $445,828Net Income 2023: -$49,7622023

Highlighted filing

2023

Revenue$396,066
Expenses$445,828
Net Income-$49,762

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.02$0.36$0.34$0.40$0.45$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.33$0.29$1.69$1.78$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.18$0.37$0.19$1.35$1.79$0.44
2020Detailed filing. Detailed filing data is available for this year.$0.37$0.12$0.25$2.03$1.79$0.24
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.11$0.01$1.33$1.47$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.15$1.46$1.44$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.19$0.07$0.13$1.99$1.98$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.30$1.73$1.54$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$1.38$1.36$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.09$0.01$0.08$0.40$0.35$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.01$0.04$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.05$0.05$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.07$0.03$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 17, 2024
Return Version
2023v5.1
Gross Receipts
$396,066
Mission and Program Overview

Mission

To assist the socially and economically disadvantage individuals and families toward a life of self-sufficiency. The programs will consist of but not limited to job training

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$32,060$16,065▼ $15,995
Land, Buildings, and Equipment, Net$7,642$3,656▼ $3,986
Total Assets$39,702$19,721▼ $19,981
Liabilities
Accounts Payable and Accrued Expenses$330,893$360,674▲ $29,781
Total Liabilities$330,893$360,674▲ $29,781
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-291,191$-340,953▼ $49,762
Total Net Assets Fund Balance$-291,191$-340,953▼ $49,762
Total Liabilities and Net Assets / Fund Balance$39,702$19,721▼ $19,981

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,656$35,099-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Edward RogersPresident
Tarshan Wynn-scottVice President
Candace JohnsonExeucitve Director
Revenue and Support

Revenue Composition

Contributions and Grants
$396,066
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$120,941
Change in Net Assets
$-49,762

Audited Revenue Reconciliation

Revenue per Audited Statements
$396,066
Total Revenue per Audited Statements
$396,066
Total Revenue per Form 990
$396,066
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$404,428
Salaries, Compensation, and Employee Benefits$41,400
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$183,067--$183,067
Other Salaries and Wages$36,000--$36,000
Occupancy$26,600--$26,600
Insurance$7,981--$7,981
Office Expenses$5,973--$5,973
Other Employee Benefits$5,400--$5,400
Payments to Affiliates-$3,986-$3,986
Total Functional Expenses$441,842$3,986$0$445,828

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$445,828
Total Expenses per Audited Statements$445,828
Total Expenses per Form 990$445,828
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

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

Completed form 990 and spplicable schdules are presented to the board for its review and any questions are answered by the executive director.

Form 990, Part VI, Line 12C

Must disclose any or possible conflicts at every board meeting.

Form 990, Part VI, Line 15A

Review and approval performed by the board

Filing and Contact Details

Filer

Filer Name
Project Hopewell Inc
EIN
63-1279891
Phone
2059230203
Address
4817 JEFFERSON AVENUE SW BLD 2, BIRMINGHAM, AL 35221

Signing Officer

Name
Candace Johnson
Title
Executive Director
Phone
2059230203
Signed
2024-09-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Candace Johnson
Formed
2002
Legal Domicile
Al
Voting Board Members
3
Independent Board Members
3
Employees
5

Preparer

Firm
Sheppard-harris & Associates Pc
Address
214 24TH STREET NORTH, BIRMINGHAM, AL 35203
Preparer
Connie S Harris
Phone
2053235922
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt0396066
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03656
IRS990ScheduleD/TotalExpensesPerForm990Amt0445828
IRS990ScheduleD/TotalRevenuePerForm990Amt0396066
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0396066
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0445828
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMPLETED FORM 990 AND SPPLICABLE SCHDULES ARE PRESENTED TO THE BOARD FOR ITS REVIEW AND ANY QUESTIONS ARE ANSWERED BY THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MUST DISCLOSE ANY OR POSSIBLE CONFLICTS AT EVERY BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEW AND APPROVAL PERFORMED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15A
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt039702
IRS990/TotalAssetsEOYAmt019721
IRS990/TotalAssetsGrp/BOYAmt039702
IRS990/TotalAssetsGrp/EOYAmt019721
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0396066
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03986
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0441842
IRS990/TotalFunctionalExpensesGrp/TotalAmt0445828
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0330893
IRS990/TotalLiabilitiesEOYAmt0360674
IRS990/TotalLiabilitiesGrp/BOYAmt0330893
IRS990/TotalLiabilitiesGrp/EOYAmt0360674
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-291191
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-340953
IRS990/TotalProgramServiceExpensesAmt0441842
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0396066
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt039702
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt019721
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04817 JEFFERSON AVENUE SW BLD 2
IRS990/USAddress/CityNm0BIRMINGHAM
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035221
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.projecthopewell.com
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CANDACE JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02059230203
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT HOPEWELL INC
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0631279891
ReturnHeader/Filer/PhoneNum02059230203
ReturnHeader/Filer/USAddress/AddressLine1Txt04817 JEFFERSON AVENUE SW BLD 2
ReturnHeader/Filer/USAddress/CityNm0BIRMINGHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035221
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631100930
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHEPPARD-HARRIS & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0214 24TH STREET NORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035203
ReturnHeader/PreparerPersonGrp/PhoneNum02053235922
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CONNIE S HARRIS
ReturnHeader/ReturnTs02024-09-17T04:13:08-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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