Civic Intelligence

Hope Builders Construction Company

990 • Fiscal year 2018 • EIN 71-1024210

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 17, 2018

801 N BroadwaySanta Ana, CA 92701

(714) 542-2129

Siviq Scores

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

Liabilities / Assets

100th percentile

12.41x

Higher debt load relative to assets than 100% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

1.77x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

8th percentile

-36%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$136,122

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 19.4% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

3rd percentile

-46%

Faster asset growth than 3% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

8th percentile

-38%

Faster revenue growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$99,552

Down $86,407 (-46%) from 2017

Net Assets

Down

-$1,136,335

Down $249,002 (-28%) from 2017

Liabilities

Up

$1,235,887

Up $162,595 (+15%) from 2017

Revenue

Down

$700,086

Down $426,862 (-38%) from 2017

Expenses

Down

$949,088

Down $335,170 (-26%) from 2017

Net Income

Down

-$249,002

Down $91,692 (-58%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2013: $97,758Liabilities 2013: $606,973Net Assets 2013: -$509,2152013Assets 2014: $173,655Liabilities 2014: $780,873Net Assets 2014: -$607,2182014Assets 2015: $98,534Liabilities 2015: $824,435Net Assets 2015: -$725,9012015Assets 2016: $271,366Liabilities 2016: $1,012,493Net Assets 2016: -$741,1272016Assets 2017: $185,959Liabilities 2017: $1,073,292Net Assets 2017: -$887,3332017Assets 2018: $99,552Liabilities 2018: $1,235,887Net Assets 2018: -$1,136,3352018Assets 2019: $114,070Liabilities 2019: $1,215,604Net Assets 2019: -$1,101,5342019Assets 2020: $83,006Liabilities 2020: $1,123,476Net Assets 2020: -$1,040,4702020Assets 2021: $162,424Liabilities 2021: $1,149,800Net Assets 2021: -$987,3762021Assets 2022: $160,141Liabilities 2022: $1,284,629Net Assets 2022: -$1,124,4882022Assets 2023: $292,127Liabilities 2023: $1,519,018Net Assets 2023: -$1,226,8912023Assets 2024: $937,788Liabilities 2024: $1,937,386Net Assets 2024: -$999,5982024

Highlighted filing

2018

Assets$99,552
Liabilities$1,235,887
Net Assets-$1,136,335

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $742,355Expenses 2013: $656,854Net Income 2013: $85,5012013Revenue 2014: $969,254Expenses 2014: $1,067,257Net Income 2014: -$98,0032014Revenue 2015: $276,876Expenses 2015: $1,095,559Net Income 2015: -$818,6832015Revenue 2016: $1,269,175Expenses 2016: $1,307,587Net Income 2016: -$38,4122016Revenue 2017: $1,126,948Expenses 2017: $1,284,258Net Income 2017: -$157,3102017Revenue 2018: $700,086Expenses 2018: $949,088Net Income 2018: -$249,0022018Revenue 2019: $265,972Expenses 2019: $231,170Net Income 2019: $34,8022019Revenue 2020: $302,197Expenses 2020: $249,188Net Income 2020: $53,0092020Revenue 2021: $386,071Expenses 2021: $336,313Net Income 2021: $49,7582021Revenue 2022: $572,947Expenses 2022: $715,530Net Income 2022: -$142,5832022Revenue 2023: $922,683Expenses 2023: $1,026,585Net Income 2023: -$103,9022023Revenue 2024: $2,040,648Expenses 2024: $1,816,748Net Income 2024: $223,9002024

Highlighted filing

2018

Revenue$700,086
Expenses$949,088
Net Income-$249,002
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 17, 2018
Return Version
2017v2.2
Gross Receipts
$700,086
Mission and Program Overview

Mission

Hope builders construction company strives to fast-track unemployed, but skilled youth, with significant barriers to employment, to living-wage jobs by giving them an opportunity to refine their skill set through transitional employment alongside master tradesmen.

Hope Builders Construction Company supports the educational activities of Taller San Jose Hope Builders (TSJHB), a CA non-profit public benefit corp. tax-exempt under IRC 501(c)(3), by expanding the employment & education of at-risk youth through job experience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$43,348$63,978▲ $20,630
Land, Buildings, and Equipment, Net$589$28,514▲ $27,925
Inventories for Sale or Use$17,401$0▼ $17,401
Other Notes and Loans Receivable, Net$14,972$0▼ $14,972
Accounts Receivable$109,547$6,958▼ $102,589
Savings and Temporary Cash Investments$102$102→ $0
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$185,959$99,552▼ $86,407
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$928,101$1,199,665▲ $271,564
Accounts Payable and Accrued Expenses$100,883$29,796▼ $71,087
Other Liabilities$44,308$6,426▼ $37,882
Total Liabilities$1,073,292$1,235,887▲ $162,595
Net Assets / Fund Balance
Unrestricted Net Assets$-887,333$-1,136,335▼ $249,002
Total Net Assets Fund Balance$-887,333$-1,136,335▼ $249,002
Total Liabilities and Net Assets / Fund Balance$185,959$99,552▼ $86,407

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$28,514$7,128$35,642
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$100,910
Program Service Revenue
$599,176
Investment Income
$0
Other Revenue
$0
All Other Contributions
$910
Change in Net Assets
$-249,002
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$557,980
Other Expenses$391,108
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$423,699--$423,699
Other Employee Benefits$79,930--$79,930
Payroll Taxes$41,651--$41,651
Insurance$31,988--$31,988
Fees for Services Management$25,000--$25,000
Other Expenses$24,881--$24,881
Pension Plan Contributions$12,700--$12,700
All Other Expenses$12,303$270-$12,573
Depreciation Depletion$7,462--$7,462
Interest$4,678--$4,678
Fees for Services Accounting$2,399--$2,399
Office Expenses$1,394--$1,394
Information Technology$783--$783
Advertising$559--$559
Total Functional Expenses$948,818$270$0$949,088
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Warranty Allowance$5,000
Accrued Payroll$1,425
Rounding$1
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
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The sole member of Hope Builders Construction Company is Taller San Jose Hope Builders, a California non-profit public benefit coproration tax-exempt under IRC 501(c)(3).

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Taller San Jose Hope Builders must approve all appointments and removals of member of the Board.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Taller San Jose Hope Builders, as the only member must approve:(a) amendment or other changes in the bylaws,(b) Appointment and removal of the Executive Director,(c) Appointment and removal of the members of the Board,(d) Dissolution of the Corporation, or filing of any action in bankruptcy, receivership or similar action,(e) The sale or transfer of all or substantially all of the assets, and(f) Any change to the structure or operations that would affect its status as a nonprofit public benefit Corporation.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Finance Committee of Taller San Jose Hope Builders reviews the form at a regularly scheduled meeting, and it was sent to all Board members in advance of approval at a regualarly scheduled Board meeting.

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

Each member of the Board must complete a Conflict of Interest form prior to election to the Board. Each Board Member must also complete a Conflict of Interest Form annually.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Director is also the Executive Director of Taller San Jose Hope Builders, and is not compensated by the Corporation.

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

Compensation of the Leadership Team is approved in June as part of the budget process, and is proposed by the Executive Director. Comparative compensation data is provided to the Board at that time. Bonus compensation is approved in October for the Leadership Team.

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

Governing documents, policies and financial statements are available on request. In addition, our financial statements are consolidated with Taller San Jose Hope Builders, and are available on Taller San Jose Hope Builders' website.

Filing and Contact Details

Filer

Filer Name
Hope Builders Construction Company
EIN
71-1024210
Phone
7145422129
Address
801 N Broadway, Santa Ana, CA 92701

Signing Officer

Name
Nancy Loughrey
Title
Secretary
Phone
7145435105
Signed
2018-12-17

Organization Details

Principal Officer
Shawna E Smith
Formed
2006
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
23
Volunteers
5
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

During the year, the organization ceased its general contracting operations and transitioned to placing youth directly with employers to obtain job experience.

Statement of Functional Expenses

Program, Fundraising and Management expense allocations are completed as presented in our audited financial statements, which are consolidated with Taller San Jose Hope Builders. Almost all the Fundraising and Management functions are performed by Taller San Jose Hope Builders staff.

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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Taller San Jose Hope Builders
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Nancy Loughrey
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Shawna E Smith
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Director
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0During the year, the organization ceased its general contracting operations and transitioned to placing youth directly with employers to obtain job experience.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The sole member of Hope Builders Construction Company is Taller San Jose Hope Builders, a California non-profit public benefit coproration tax-exempt under IRC 501(c)(3).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Taller San Jose Hope Builders must approve all appointments and removals of member of the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Taller San Jose Hope Builders, as the only member must approve:(a) amendment or other changes in the bylaws,(b) Appointment and removal of the Executive Director,(c) Appointment and removal of the members of the Board,(d) Dissolution of the Corporation, or filing of any action in bankruptcy, receivership or similar action,(e) The sale or transfer of all or substantially all of the assets, and(f) Any change to the structure or operations that would affect its status as a nonprofit public benefit Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Finance Committee of Taller San Jose Hope Builders reviews the form at a regularly scheduled meeting, and it was sent to all Board members in advance of approval at a regualarly scheduled Board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Each member of the Board must complete a Conflict of Interest form prior to election to the Board. Each Board Member must also complete a Conflict of Interest Form annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Executive Director is also the Executive Director of Taller San Jose Hope Builders, and is not compensated by the Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Compensation of the Leadership Team is approved in June as part of the budget process, and is proposed by the Executive Director. Comparative compensation data is provided to the Board at that time. Bonus compensation is approved in October for the Leadership Team.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Governing documents, policies and financial statements are available on request. In addition, our financial statements are consolidated with Taller San Jose Hope Builders, and are available on Taller San Jose Hope Builders' website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Program, Fundraising and Management expense allocations are completed as presented in our audited financial statements, which are consolidated with Taller San Jose Hope Builders. Almost all the Fundraising and Management functions are performed by Taller San Jose Hope Builders staff.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Statement of Functional Expenses
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Sisters of St Joseph of Orange
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Taller San Jose Hope Builders
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Sisters of St Joseph of Orange
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0593816355
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0school
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Congregation of Catholic Sisters
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(b)(1)(A)(ii)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0801 N Broadway

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