Civic Intelligence

Rays of Hope Inc

990EZ • Fiscal year 2014 • EIN 75-1812814

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 14, 2015

100 Delle LaneLancaster, TX 75146

(972) 218-6874

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

5th percentile

-92%

Higher net margin than 5% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

86th percentile

$30,048

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 63.7% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

22nd percentile

-17%

Faster asset growth than 22% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

28th percentile

-14%

Faster revenue growth than 28% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$249,689

Down $50,663 (-17%) from 2013

Net Assets

Down

$248,971

Down $51,022 (-17%) from 2013

Liabilities

Up

$718

Up $359 (+100%) from 2013

Revenue

Down

$47,167

Down $7,694 (-14%) from 2013

Expenses

Down

$90,691

Down $40,600 (-31%) from 2013

Net Income

Up

-$43,524

Up $32,906 (+43%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $422,100Liabilities 2011: $85Net Assets 2011: $422,0152011Assets 2012: $371,927Liabilities 2012: $34Net Assets 2012: $371,8932012Assets 2013: $300,352Liabilities 2013: $359Net Assets 2013: $299,9932013Assets 2014: $249,689Liabilities 2014: $718Net Assets 2014: $248,9712014Assets 2015: $176,408Net Assets 2015: $176,4082015Assets 2016: $125,980Net Assets 2016: $125,9802016

Highlighted filing

2014

Assets$249,689
Liabilities$718
Net Assets$248,971

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $85,412Expenses 2011: $99,450Net Income 2011: -$14,0382011Revenue 2012: $38,915Expenses 2012: $98,973Net Income 2012: -$60,0582012Revenue 2013: $54,861Expenses 2013: $131,291Net Income 2013: -$76,4302013Revenue 2014: $47,167Expenses 2014: $90,691Net Income 2014: -$43,5242014Revenue 2015: $37,137Expenses 2015: $96,444Net Income 2015: -$59,3072015Revenue 2016: $28,693Expenses 2016: $79,121Net Income 2016: -$50,4282016

Highlighted filing

2014

Revenue$47,167
Expenses$90,691
Net Income-$43,524
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 14, 2015
Return Version
2014v5.0
Gross Receipts
$71,408
Mission and Program Overview

Mission

501(c)(3) religious organization. Rays of hope, inc spreads the word of the lord by evangelizing and providing food and shelter to those in need. The ministry provides food and clothing to churches, including those in south texas.

Program Services

DescriptionGrantsExpenses
RAYS OF HOPE, INC. SPREADS THE WORD OF THE LORD BY EVANGELIZING AND PROVIDING FOOD AND SHELTER TO THOSE IN NEED. THE MINISTRY PROVIDES FOOD AND CLOTHING TO CHURCHES IN SOUTH TEXAS.$900$71,845
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANH MEINSCHEINPresidentFT$0$30,048$30,048
SEAN ROSESecretary-$0--
FRAN SWEETVP/Outreach-$0--
DARLENE TAFFDirector-$0--
ANH OGAWADirector-$0--
Filing and Contact Details

Filer

Filer Name
Rays of Hope Inc
EIN
75-1812814
Phone
9722186874
Address
100 DELLE LANE, LANCASTER, TX 75146

Signing Officer

Name
Anh Meinschein
Title
President
Phone
9722186874
Signed
2015-11-14

Preparer

Firm
Guinn Smith & Co Inc
Address
2408 TEXAS DR, IRVING, TX 75062-7012
Preparer
Donald E Guinn
Phone
9722557120
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses promotion 450 insurance 1,175 auto expense 3,157 office expense 1,210 repairs & maintenance 2,885 outreach programs 18,845 investment expense 1,554 aircraft expenses 3,480 security 215 telephone 106 penalties 1,825 property taxes 1,980 non-investment depreciation 16,074 total 52,956

Form 990-ez, Part I, Line 20

Unrealized loss on marketable securities -7,139

Form 990-ez, Part II, Line 24

Equipment 138,987 121,087 less accumulated depreciation 57,118 55,292 transportation equipment 0 0 building 0 0 receivable from officer 0 0 total 81,869 65,795

Form 990-ez, Part II, Line 26

Payables-officers 359 359 loans from officers 359 359

Form 990-ez, Part III

501(c)(3) religious organization. Rays of hope, inc spreads the word of the lord by evangelizing and providing food and shelter to those in need. The ministry provides food and clothing to churches, including those in south texas.

Form 990-ez, Part III, Line 28

Rays of hope, inc. Spreads the word of the lord by evangelizing and providing food and shelter to those in need. The ministry provides food and clothing to churches in south texas.

Raw XML Appendix176 raw XML fields

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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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt0-7139
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IRS990EZ/PrimaryExemptPurposeTxt0501(C)(3) RELIGIOUS ORGANIZATION. RAYS OF HOPE, INC SPREADS THE WORD OF THE LORD BY EVANGELIZING AND PROVIDING FOOD AND SHELTER TO THOSE IN NEED. THE MINISTRY PROVIDES FOOD AND CLOTHING TO CHURCHES, INCLUDING THOSE IN SOUTH TEXAS.
IRS990EZ/PrintingPublicationsPostageAmt0350
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PROFESSIONAL FEES PAID BY ANH MEINS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES PROMOTION 450 INSURANCE 1,175 AUTO EXPENSE 3,157 OFFICE EXPENSE 1,210 REPAIRS & MAINTENANCE 2,885 OUTREACH PROGRAMS 18,845 INVESTMENT EXPENSE 1,554 AIRCRAFT EXPENSES 3,480 SECURITY 215 TELEPHONE 106 PENALTIES 1,825 PROPERTY TAXES 1,980 NON-INVESTMENT DEPRECIATION 16,074 TOTAL 52,956
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNREALIZED LOSS ON MARKETABLE SECURITIES -7,139
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT 138,987 121,087 LESS ACCUMULATED DEPRECIATION 57,118 55,292 TRANSPORTATION EQUIPMENT 0 0 BUILDING 0 0 RECEIVABLE FROM OFFICER 0 0 TOTAL 81,869 65,795
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYABLES-OFFICERS 359 359 LOANS FROM OFFICERS 359 359
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4501(C)(3) RELIGIOUS ORGANIZATION. RAYS OF HOPE, INC SPREADS THE WORD OF THE LORD BY EVANGELIZING AND PROVIDING FOOD AND SHELTER TO THOSE IN NEED. THE MINISTRY PROVIDES FOOD AND CLOTHING TO CHURCHES, INCLUDING THOSE IN SOUTH TEXAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5RAYS OF HOPE, INC. SPREADS THE WORD OF THE LORD BY EVANGELIZING AND PROVIDING FOOD AND SHELTER TO THOSE IN NEED. THE MINISTRY PROVIDES FOOD AND CLOTHING TO CHURCHES IN SOUTH TEXAS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANH MEINSCHEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09722186874
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAYS OF HOPE INC
ReturnHeader/Filer/BusinessNameControlTxt0RAYS
ReturnHeader/Filer/EIN0751812814
ReturnHeader/Filer/PhoneNum09722186874
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 DELLE LANE
ReturnHeader/Filer/USAddress/CityNm0LANCASTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075146
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0751732281
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GUINN SMITH & CO INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02408 TEXAS DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IRVING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0750627012
ReturnHeader/PreparerPersonGrp/PhoneNum09722557120
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD E GUINN
ReturnHeader/ReturnTs02015-11-16T13:59:32-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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