Civic Intelligence

Lubbock Rays of Hope

990EZ • Fiscal year 2019 • EIN 75-2738968

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 18, 2019

PO Box 93497Lubbock, TX 79493

(806) 368-3880

Siviq Scores

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

Liabilities / Assets

90th percentile

0.54x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

0.25x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

55th percentile

5.7%

Higher net margin than 55% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

79th percentile

$6,700

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 36.8% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

84th percentile

50%

Faster asset growth than 84% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$8,291

Up $2,759 (+50%) from 2018

Net Assets

Up

$3,801

Up $1,031 (+37%) from 2018

Liabilities

Up

$4,490

Up $1,728 (+63%) from 2018

Revenue

Up

$18,202

Up $2,506 (+16%) from 2018

Expenses

Up

$17,171

Up $1,544 (+9.9%) from 2018

Net Income

Up

$1,031

Up $962 (+1394%) from 2018

Historical Trend

Balance Sheet Trend

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

$10K$5.0K$0Assets 2011: $7,507Liabilities 2011: $19Net Assets 2011: $7,4882011Assets 2012: $5,900Liabilities 2012: $102012Assets 2013: $6,084Liabilities 2013: $2542013Assets 2014: $5,693Liabilities 2014: $440Net Assets 2014: $5,2532014Assets 2015: $7,644Liabilities 2015: $2,156Net Assets 2015: $5,4882015Assets 2016: $6,606Liabilities 2016: $4,301Net Assets 2016: $2,3052016Assets 2017: $5,816Liabilities 2017: $3,115Net Assets 2017: $2,7012017Assets 2018: $5,532Liabilities 2018: $2,762Net Assets 2018: $2,7702018Assets 2019: $8,291Liabilities 2019: $4,490Net Assets 2019: $3,8012019Assets 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$8,291
Liabilities$4,490
Net Assets$3,801

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2011: $39,797Expenses 2011: $43,990Net Income 2011: -$4,1932011Revenue 2012: $34,886Expenses 2012: $36,484Net Income 2012: -$1,5982012Revenue 2013: $57,299Expenses 2013: $57,359Net Income 2013: -$602013Revenue 2014: $69,262Expenses 2014: $69,839Net Income 2014: -$5772014Revenue 2015: $74,180Expenses 2015: $73,945Net Income 2015: $2352015Revenue 2016: $62,540Expenses 2016: $65,723Net Income 2016: -$3,1832016Revenue 2017: $28,992Expenses 2017: $28,596Net Income 2017: $3962017Revenue 2018: $15,696Expenses 2018: $15,627Net Income 2018: $692018Revenue 2019: $18,202Expenses 2019: $17,171Net Income 2019: $1,0312019Revenue 2020: $12,938Expenses 2020: $16,739Net Income 2020: -$3,8012020

Highlighted filing

2019

Revenue$18,202
Expenses$17,171
Net Income$1,031
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 18, 2019
Return Version
2018v3.1
Gross Receipts
$18,345
Mission and Program Overview

Mission

Lubbock Rays of Hope was formed as an evangelistic organization to spread the Gospel of Jesus Christ through the means of teaching and instruction, community outreach meetings, radio and internet ministry, and mission outreaches to both children and adults.

Program Services

DescriptionGrantsExpenses
RADIO AND INTERNET MINISTRY$369-
INTERNATIONAL CHILDREN/ADULT MISSION OUTREACH--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATTI D CHRIESTENSONSecretary/TreasFT$6,700-$6,700
WENDEL CHRIESTENSONDirectorPT$2,200-$2,200
JAY H STANTONDirectorPT$0--
PATRICIA G STANTONDirectorFT$0--
MICHAEL BINGHAMDirector-$0--
SHARON BINGHAMPresident-$0--
CARROLL LOCKETTVice President-$0--
CAROLYN LOCKETTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lubbock Rays of Hope
EIN
75-2738968
Phone
8063683880
Address
PO BOX 93497, LUBBOCK, TX 79493

Signing Officer

Name
Patti D Chriestenson
Title
Treasurer
Signed
2019-11-18
Discuss with paid preparer
Yes

Preparer

Firm
Houlette & Garland LLP
Address
1611 4th Avenue, Canyon, TX 79015
Preparer
Tom Garland
Phone
8066558772
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $1039

Other Expenses.1002

Office Expenses $965

Other Expenses.1003

Information Technology $370

Other Expenses.1005

Travel $1004

Other Expenses.1008

Interest $800

Other Expenses.1

MISSIONS $717

Other Expenses.3

MEALS $64

Other Expenses.4

SALES TAX $10

Other Assets.1002

Furniture and Fixtures - Beginning $202 Furniture and Fixtures - Ending $202

Other Assets.1010

Inventories - Beginning $4006 Inventories - Ending $3863

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $2762 Accounts Payable and Accrued Expenses - Ending $4490

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $965
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $1004
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Interest $800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISSIONS $717
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEALS $64
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ReturnHeader/BuildTS02020-03-31 21:24:44Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LUBBOCK RAYS OF HOPE
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ReturnHeader/Filer/EIN0752738968
ReturnHeader/Filer/PhoneNum08063683880
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079015
ReturnHeader/PreparerPersonGrp/PhoneNum08066558772
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TOM GARLAND
ReturnHeader/ReturnTs02019-11-18T07:26:28-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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Filings