Civic Intelligence

Favre 4 Hope Foundation Inc

990 • Fiscal year 2017 • EIN 64-0870371

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 25, 2018

2300 Twentieth StreetGulfport, MS 39501

(228) 896-4441

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

3rd percentile

-85%

Higher net margin than 3% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

39th percentile

$22,675

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

35th percentile

-0.9%

Faster asset growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

34th percentile

-1.1%

Faster revenue growth than 34% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,476,849

Down $13,116 (-0.9%) from 2016

Net Assets

Down

$1,476,849

Down $13,116 (-0.9%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$136,959

Down $1,467 (-1.1%) from 2016

Expenses

Up

$254,046

Up $68,045 (+37%) from 2016

Net Income

Down

-$117,087

Down $69,512 (-146%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,717,202Liabilities 2011: $342Net Assets 2011: $1,716,8602011Assets 2012: $1,673,130Liabilities 2012: $0Net Assets 2012: $1,673,1302012Assets 2013: $1,506,899Liabilities 2013: $0Net Assets 2013: $1,506,8992013Assets 2014: $1,383,078Liabilities 2014: $0Net Assets 2014: $1,383,0782014Assets 2015: $1,494,916Liabilities 2015: $0Net Assets 2015: $1,494,9162015Assets 2016: $1,489,965Liabilities 2016: $0Net Assets 2016: $1,489,9652016Assets 2017: $1,476,849Liabilities 2017: $0Net Assets 2017: $1,476,8492017Assets 2018: $1,320,351Liabilities 2018: $0Net Assets 2018: $1,320,3512018Assets 2019: $1,442,344Liabilities 2019: $0Net Assets 2019: $1,442,3442019Assets 2020: $1,405,612Liabilities 2020: $0Net Assets 2020: $1,405,6122020Assets 2021: $1,378,485Liabilities 2021: $0Net Assets 2021: $1,378,4852021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2017

Assets$1,476,849
Liabilities$0
Net Assets$1,476,849

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $163,326Expenses 2011: $152,870Net Income 2011: $10,4562011Revenue 2012: $115,123Expenses 2012: $242,761Net Income 2012: -$127,6382012Revenue 2013: $64,426Expenses 2013: $244,875Net Income 2013: -$180,4492013Revenue 2014: $99,064Expenses 2014: $205,367Net Income 2014: -$106,3032014Revenue 2015: $513,298Expenses 2015: $329,585Net Income 2015: $183,7132015Revenue 2016: $138,426Expenses 2016: $186,001Net Income 2016: -$47,5752016Revenue 2017: $136,959Expenses 2017: $254,046Net Income 2017: -$117,0872017Revenue 2018: $149,691Expenses 2018: $191,497Net Income 2018: -$41,8062018Revenue 2019: $299,404Expenses 2019: $177,411Net Income 2019: $121,9932019Revenue 2020: $127,716Expenses 2020: $164,448Net Income 2020: -$36,7322020Revenue 2021: $120,314Expenses 2021: $172,861Net Income 2021: -$52,5472021Revenue 2022: $50,287Expenses 2022: $1,278,216Net Income 2022: -$1,227,9292022

Highlighted filing

2017

Revenue$136,959
Expenses$254,046
Net Income-$117,087
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 25, 2018
Return Version
2017v2.3
Gross Receipts
$237,497
Mission and Program Overview

Mission

To support charitable organizations whose focus is to provide support for disadvantaged children who reside in mississippi, wisconsin, and minnesota. The proceeds from the foundation's fundraisers will be distributed to charitable organizations in mississippi, wisconsin, and minnesota who meet this criteria. Additionally, the foundation provides support to non profits that provide assistance to breast cancer patients in mississippi, wisconsin, and minnesota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,128,607$1,319,244▲ $190,637
Savings and Temporary Cash Investments$297,981$142,555▼ $155,426
Cash and Non-Interest-Bearing Accounts$58,584$10,338▼ $48,246
Land, Buildings, and Equipment, Net$3,848$3,687▼ $161
Total Assets$1,489,965$1,476,849▼ $13,116
Other Assets Total$945$1,025▲ $80
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,489,965$1,476,849▼ $13,116
Total Net Assets Fund Balance$1,489,965$1,476,849▼ $13,116
Total Liabilities and Net Assets / Fund Balance$1,489,965$1,476,849▼ $13,116

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,687$1,924$5,611
Equipment-$4,013$4,013
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan WalkerDirectorPT$22,675$22,675

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$95,511
Program Service Revenue
$0
Investment Income
$40,714
Other Revenue
$734
All Other Contributions
$87,922
Change in Net Assets
$-117,087
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$215,750
Salaries, Compensation, and Employee Benefits$22,675
Other Expenses$15,621
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$212,000--$212,000
Current Officers, Directors, Trustees, and Key Employees-$22,675-$22,675
Fees for Service Investment Mgmnt Fees-$5,113-$5,113
Office Expenses-$4,224-$4,224
Grants to Domestic Individuals$3,750--$3,750
Occupancy-$3,625-$3,625
Travel-$978-$978
Fees for Services Accounting-$530-$530
Advertising-$177-$177
Depreciation Depletion-$161-$161
Other Expenses-$159-$159
Information Technology-$122-$122
Total Functional Expenses$215,750$38,296$0$254,046
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Red CrossHattiesburg, MS501c3Community Service$25,000
Pine Belt Community FoundationHattiesburg, MS501c3Community Service$25,000
Salvation ArmyHattiesburg, MS501c3Community Service$25,000
Samaritans PurseBoone, NC501c3Humanitarian Aid$25,000
RawhideNew London, WI501c3Mental Health Svcs$20,000
Memorial Hospital at Gulfport FoundGulfport, MS501c3Health$16,000
ArcHattiesburg, MS501c3Health$10,000
Make a Wish Foundation of MsGulfport, MS501c3Health$10,000
Pink Ribbon FundHattiesburg, MS501c3Health$10,000
Ribbon of Hope FoundationDe Pere, WI501c3Health$10,000
Special Olympics of MsMadison, MS501c3Health$10,000
Usm Athletic FoundationHattiesburg, MS501c3Education$10,000
Usm Childrens Center for CommunicatHattiesburg, MS501c3Health and Education$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,186
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
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, Page 6, Part VI, Line 2

Deanna favre brett favre president chairman spouse

Form 990, Page 6, Part VI, Line 11B

A cpa board member reviews the form 990 and reports to the executive director and the board.

Form 990, Page 6, Part VI, Line 19

The foundation makes its governing documents and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Favre 4 Hope Foundation Inc
EIN
64-0870371
Phone
2288964441
Address
2300 TWENTIETH STREET, GULFPORT, MS 39501

Signing Officer

Name
Deanna Favre
Title
President/ce
Phone
6012683232
Signed
2018-06-25

Organization Details

Principal Officer
Deanna Favre
Formed
1995
Legal Domicile
Ms
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Culumber Harvey & Associates Pa
Address
2300 20TH STREET, GULFPORT, MS 39501-2931
Preparer
Robert L Culumber CPA
Phone
2288636559
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To support charitable organizations whose focus is to provide support for disadvantaged children who reside in mississippi, wisconsin, and minnesota. The proceeds from the foundation's fundraisers will be distributed to charitable organizations in mississippi, wisconsin, and minnesota who meet this criteria. Additionally, the foundation provides support to non profits that provide assistance to breast cancer patients in mississippi, wisconsin, and minnesota.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt031986
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0313359
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt032108
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt033594
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt033637
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt037075
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt044040
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0180454
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt09423
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0384539
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt038087
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01924
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05611
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03687
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IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/CashGrantAmt216000
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IRS990ScheduleI/RecipientTable/CashGrantAmt420000
IRS990ScheduleI/RecipientTable/CashGrantAmt510000
IRS990ScheduleI/RecipientTable/CashGrantAmt610000
IRS990ScheduleI/RecipientTable/CashGrantAmt710000
IRS990ScheduleI/RecipientTable/CashGrantAmt810000
IRS990ScheduleI/RecipientTable/CashGrantAmt925000
IRS990ScheduleI/RecipientTable/CashGrantAmt1025000
IRS990ScheduleI/RecipientTable/CashGrantAmt1125000
IRS990ScheduleI/RecipientTable/CashGrantAmt1225000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501C3
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IRS990ScheduleI/RecipientTable/IRCSectionDesc9501C3
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2HEALTH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3HEALTH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4MENTAL HEALTH SVCS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5HEALTH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6HEALTH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8HEALTH AND EDUCATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9COMMUNITY SERVICE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10COMMUNITY SERVICE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11COMMUNITY SERVICE
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3PINK RIBBON FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4RAWHIDE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5RIBBON OF HOPE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6SPECIAL OLYMPICS OF MS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7USM ATHLETIC FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8USM CHILDRENS CENTER FOR COMMUNICAT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9AMERICAN RED CROSS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10PINE BELT COMMUNITY FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11SALVATION ARMY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12SAMARITANS PURSE
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt615 OLYMPIC WAY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7118 COLLEGE DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8118 COLLEGE DRIVE 5092
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt92020 HARDY STREET
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