Civic Intelligence

Parker County Center of Hope Inc.

990 • Fiscal year 2014 • EIN 75-2762501

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 16, 2015

PO Box 19076087

(817) 594-0266

Siviq Scores

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

Liabilities / Assets

38th percentile

0.04x

Higher debt load relative to assets than 38% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

59th percentile

5.9%

Higher net margin than 59% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

45th percentile

$50,108

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

75th percentile

13%

Faster asset growth than 75% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

48th percentile

2.9%

Faster revenue growth than 48% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2014

Assets

Up

$957,920

Up $111,562 (+13%) from 2013

Net Assets

Up

$915,335

Up $119,278 (+15%) from 2013

Liabilities

Down

$42,585

Down $7,716 (-15%) from 2013

Revenue

$2,010,247

No earlier filing loaded for comparison.

Expenses

Up

$1,890,969

Up $369,158 (+24%) from 2013

Net Income

$119,278

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $585,832Liabilities 2011: $24,673Net Assets 2011: $561,1592011Assets 2012: $598,699Liabilities 2012: $25,423Net Assets 2012: $573,2762012Assets 2013: $846,358Liabilities 2013: $50,301Net Assets 2013: $796,0572013Assets 2014: $957,920Liabilities 2014: $42,585Net Assets 2014: $915,3352014Assets 2015: $1,200,941Liabilities 2015: $17,467Net Assets 2015: $1,183,4742015Assets 2016: $1,716,894Liabilities 2016: $22,495Net Assets 2016: $1,694,3992016Assets 2017: $2,206,659Liabilities 2017: $36,182Net Assets 2017: $2,170,4772017Assets 2018: $3,027,036Liabilities 2018: $118,607Net Assets 2018: $2,908,4292018Assets 2019: $4,510,007Liabilities 2019: $661,018Net Assets 2019: $3,848,9892019Assets 2020: $6,253,173Liabilities 2020: $981,305Net Assets 2020: $5,271,8682020Assets 2021: $6,172,042Liabilities 2021: $254,929Net Assets 2021: $5,917,1132021Assets 2022: $6,301,131Liabilities 2022: $58,011Net Assets 2022: $6,243,1202022Assets 2023: $6,924,981Liabilities 2023: $52,624Net Assets 2023: $6,872,3572023Assets 2024: $7,328,390Liabilities 2024: $73,378Net Assets 2024: $7,255,0122024Assets 2025: $7,867,447Liabilities 2025: $61,727Net Assets 2025: $7,805,7202025

Highlighted filing

2014

Assets$957,920
Liabilities$42,585
Net Assets$915,335

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2011: $1,842,571Expenses 2011: $1,520,154Net Income 2011: $322,4172011Expenses 2012: $1,487,6822012Expenses 2013: $1,521,8112013Revenue 2014: $2,010,247Expenses 2014: $1,890,969Net Income 2014: $119,2782014Revenue 2015: $2,405,931Expenses 2015: $2,137,792Net Income 2015: $268,1392015Revenue 2016: $2,551,837Expenses 2016: $2,040,912Net Income 2016: $510,9252016Revenue 2017: $2,502,488Expenses 2017: $2,026,410Net Income 2017: $476,0782017Revenue 2018: $2,793,748Expenses 2018: $2,055,796Net Income 2018: $737,9522018Revenue 2019: $2,944,027Expenses 2019: $2,003,467Net Income 2019: $940,5602019Revenue 2020: $3,591,637Expenses 2020: $2,168,758Net Income 2020: $1,422,8792020Revenue 2021: $3,058,607Expenses 2021: $2,413,362Net Income 2021: $645,2452021Revenue 2022: $2,695,023Expenses 2022: $2,369,016Net Income 2022: $326,0072022Revenue 2023: $3,101,278Expenses 2023: $2,472,041Net Income 2023: $629,2372023Revenue 2024: $3,306,243Expenses 2024: $2,923,588Net Income 2024: $382,6552024Revenue 2025: $3,619,288Expenses 2025: $3,068,580Net Income 2025: $550,7082025

Highlighted filing

2014

Revenue$2,010,247
Expenses$1,890,969
Net Income$119,278
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 16, 2015
Return Version
2013v4.0
Gross Receipts
$2,021,534
Mission and Program Overview

Mission

Helping people in poverty or crisis with basic needs, job preparedness and educational opportunities.

Helping people in poverty or crisis with basic needs, job preparedness and educational oppurtunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$100,789$453,383▲ $352,594
Cash and Non-Interest-Bearing Accounts$546,410$236,481▼ $309,929
Land, Buildings, and Equipment, Net$78,131$144,488▲ $66,357
Accounts Receivable$49,408$61,347▲ $11,939
Inventories for Sale or Use$71,620$51,083▼ $20,537
Prepaid Expenses and Deferred Charges-$11,138-
Other Notes and Loans Receivable, Net-$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-
Total Assets$846,358$957,920▲ $111,562
Other Assets Total-$0-
Liabilities
Other Liabilities$32,183$33,262▲ $1,079
Accounts Payable and Accrued Expenses$18,118$9,323▼ $8,795
Total Liabilities$50,301$42,585▼ $7,716
Net Assets / Fund Balance
Unrestricted Net Assets$627,143$777,751▲ $150,608
Temporarily Rstr Net Assets$168,914$137,584▼ $31,330
Total Net Assets Fund Balance$796,057$915,335▲ $119,278
Total Liabilities and Net Assets / Fund Balance$846,358$957,920▲ $111,562

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$110,066$125,536$235,602
Other Land Buildings$12,473$20,792$33,265
Leasehold Improvements$21,949$1,663$23,612
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paula RobinsonCEOFT$50,108$50,108

Board Members and Trustees

NameTitle
Mike BrasovanChairman
Patti YoungVice Chair
Chad SearsDirector
Craig BagleyDirector
Wade JulianDirector
Tom DeanSecretary
Keith WarrenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,946,567
Program Service Revenue
$4,349
Investment Income
$2,608
Other Revenue
$56,723
All Other Contributions
$1,946,567
Change in Net Assets
$119,278

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory1,250$916,464Fair Market Value (FMV)
Other Non Cash Contri Table1$6,430Fair Market Value (FMV)
Other Non Cash Contri Table1$850Fair Market Value (FMV)
Total Noncash Contributions1,252$923,744-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,010,247
Revenue Not Reported on Form 990
$247,336
Total Revenue per Audited Statements
$2,257,583
Total Revenue per Form 990
$2,010,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,134,776
Salaries, Compensation, and Employee Benefits$439,727
Other Expenses$316,466
Total Fundraising Expense$81,218
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,134,776--$1,134,776
Other Salaries and Wages$251,988$50,953$46,875$349,816
Occupancy$96,126$2,070-$98,196
All Other Expenses$53,574$9,674$5,018$68,266
Current Officers, Directors, Trustees, and Key Employees$10,022$20,043$20,043$50,108
Payroll Taxes$23,483$6,364$5,999$35,846
Depreciation Depletion$21,631$1,138-$22,769
Fees for Services Accounting-$19,643-$19,643
Travel$10,452$1,123$2,582$14,157
Other Expenses$10,693$1,162-$11,855
Insurance$4,666$3,769-$8,435
Other Employee Benefits$2,269$987$701$3,957
Total Functional Expenses$1,685,345$124,406$81,218$1,890,969

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,138,305
Expenses per Audited Statements$1,890,969
Total Expenses per Form 990$1,890,969
Expenses Not Reported on Form 990$247,336
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$68,010
Fundraising Direct Expenses$11,287
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$52,072$52,072$1,506$50,566
Event 2$9,973$9,973$1,438$8,535
Total Events$68,010$68,010$11,287$56,723
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
Accrued Payroll$15,744
Chase Visa Credit Card$13,644
Payroll Liabilities$3,874
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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: Form 990 Review Process

A copy of the 990 is given to each Board Member and the CEO for review. Any questions will be addressed at the following board meeting. The 990 will be filed when it is approved by the CEO and a vote by the Board of Directors.

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

An outside HR consultant was hired to review all salaries and present recommendations. The consultant used two survey instruments to establish salary ranges; 1) DFW Non-Profit Salary & Benefits survey 2011, and 2) Texas Association of Nonprofit Organizations 2012 Compensation Report. The consultant attended the Board meeting in April 2013 to present data. At the June 2013 board meeting salaries were approved for CEO and other key employees. In May 2014, the board reviewed the information again and decided to increase the CEO's annual salary to bring it up into the lower range of salaries.

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

An outside HR consultant was hired to review all salaries and present recommendations. The consultant used two survey instruments to establish salary ranges; 1) DFW Non-Profit Salary & Benefits survey 2011, and 2) Texas Association of Nonprofit Organizations 2012 Compensation Report. The consultant attended the Board meeting in April 2013 to present data. At the June 2013 board meeting salaries were approved for CEO and other key employees. In May 2014, the board reviewed the information again and decided to increase the CEO's annual salary to bring it up into the lower range of salaries.

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

Review of governing documents, policies and financial statements is available at the Weatherford office upon request.

Filing and Contact Details

Filer

EIN
75-2762501
Phone
8175940266

Signing Officer

Name
Paula Robinson
Title
CEO
Signed
2015-02-16
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
21
Volunteers
3,377

Preparer

Preparer
Jerry L Walker CPA
Phone
8176130384
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2: New Services

Hope chest - 5000 square foot resale shop owned and operated by the center of hope. The program provides students who have participated in the education & career development program an opportunity for a six-month paid internship to work in the shop. Qualifying students will gain valuable work experience while continuing to work closely with their job coach at the center. The store offers gently used clothing for men, women and children, as well as home decor items, furniture and other household goods. In addition to the internship program, the hope chest proceeds benefit families in parker county struggling with poverty. On june 24, 2014, the store opened to the community for shopping or making donations.

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: kingdom smiles - a dental assistance program for people who have no insurance and little means to pay for dental work. Through partnership agreements with local dentists, clients receive dental work at greatly reduced rates as well as the opportunity to pay out the cost over a period of several months. $93,394 of services, and $492 of facility use were donated to this service. 589 individuals benefited from this program. Other program services 5: hope chest - 5000 square foot resale shop owned and operated by the center of hope. The program provides students who have participated in the education & career development program an opportunity for a six-month paid internship to work in the shop. Qualifying students will gain valuable work experience while continuing to work closely with their job coach at the center. The store offers gently used clothing for men, women and children, as well as home decor items, furniture and other household goods. In addition to the internship program, the hope chest proceeds benefit families in parker county struggling with poverty. On june 24, 2014, the store opened to the community for shopping or making donations.

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Special events direct expenses $11287

Part XII, Line 2D: Other expenses and losses per audited F/S

Special events direct expenses $11287

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IRS990/OtherEmployeeBenefitsGrp/TotalAmt03957
IRS990/OtherExpensesGrp/Desc0TECHNICAL SUPPORT
IRS990/OtherExpensesGrp/Desc1UNCOLLECTIBLE CLIENT ACCOUNTS
IRS990/OtherExpensesGrp/Desc2OFFICE SUPPLIES
IRS990/OtherExpensesGrp/Desc3MAINTENANCE SUPPLIES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11988
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IRS990/OtherExpensesGrp/ProgramServicesAmt022294
IRS990/OtherExpensesGrp/ProgramServicesAmt125653
IRS990/OtherExpensesGrp/ProgramServicesAmt217718
IRS990/OtherExpensesGrp/ProgramServicesAmt310693
IRS990/OtherExpensesGrp/TotalAmt027786
IRS990/OtherExpensesGrp/TotalAmt125653
IRS990/OtherExpensesGrp/TotalAmt219706
IRS990/OtherExpensesGrp/TotalAmt311855
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt046875
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt050953
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0251988
IRS990/OtherSalariesAndWagesGrp/TotalAmt0349816
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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/FundraisingAmt05999
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06364
IRS990/PayrollTaxesGrp/ProgramServicesAmt023483
IRS990/PayrollTaxesGrp/TotalAmt035846
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011138
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IRS990/ProgramServiceRevenueGrp/BusinessCd0453310
IRS990/ProgramServiceRevenueGrp/Desc0SALE OF DONATED ITEMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04349
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04349
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION & CAREER DEVELOPMENT - THIS PROGRAM CONSISTS OF JOBS FOR LIFE CLASSES, ADULT BASIC EDUCATION, COMPUTER CLASSES AND FINANCIAL MANAGEMENT GUIDANCE. JOBS FOR LIFE IS A 16-WEEK COURSE THAT PROVIDES JOB PREPAREDNESS TRAINING FOR INDIVIDUALS SEEKING EMPLOYMENT. THE COURSE HELPS STUDENTS COMPLETE A RESUME AND GAIN INSIGHT INTO JOB AREAS THAT FIT THEIR SKILLS AND INTERESTS. THE ADULT BASIC EDUCATION IS OFFERED THROUGH ONE-ON-ONE TUTORING SESSIONS TO HELP STUDENTS GAIN BASIC SKILLS IN MATH AND READING. THE COMPUTER CLASSES ARE A COOPERATIVE EFFORT BETWEEN CENTER OF HOPE AND WEATHERFORD COLLEGE. THE CLASSES TEACH COMPUTER SKILLS FOR BUSINESS. THESE CLASSES ARE TAUGHT IN A WELL-EQUIPPED COMPUTER LAB AT THE CENTER OF HOPE WITH CURRICULUM AND INSTRUCTORS APPROVED BY WEATHERFORD COLLEGE. THE FINANCIAL MANAGEMENT GUIDANCE INVOLVES VOLUNTEERS WHO MEET WITH CLIENTS ONE-ON-ONE TO ASSIST THEM WITH CREATING A BUDGET AND GAINING INSIGHT INTO WISE SPENDING HABITS. $22,314 OF SERVICES WERE DONATED TO THIS PROGRAM. 2,748 INDIVIDUALS BENEFITED FROM THIS PROGRAM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0153693
IRS990/ProgSrvcAccomActy2Grp/GrantAmt06861
IRS990/ProgSrvcAccomActy3Grp/Desc0KINGDOM SMILES - A DENTAL ASSISTANCE PROGRAM FOR PEOPLE WHO HAVE NO INSURANCE AND LITTLE MEANS TO PAY FOR DENTAL WORK. THROUGH PARTNERSHIP AGREEMENTS WITH LOCAL DENTISTS, CLIENTS RECEIVE DENTAL WORK AT GREATLY REDUCED RATES AS WELL AS THE OPPORTUNITY TO PAY OUT THE COST OVER A PERIOD OF SEVERAL MONTHS. $93,394 OF SERVICES, AND $492 OF FACILITY USE WERE DONATED TO THIS SERVICE. 589 INDIVIDUALS BENEFITED FROM THIS PROGRAM.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt090165
IRS990/ProgSrvcAccomActy3Grp/GrantAmt054548
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0195552
IRS990/PYOtherRevenueAmt016831
IRS990/PYRevenuesLessExpensesAmt0222781
IRS990/PYSalariesCompEmpBnftPaidAmt0312374
IRS990/PYTotalExpensesAmt01521811
IRS990/PYTotalRevenueAmt01744592
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0119278
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01804124
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01391508
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08406778
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0134
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0512
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IRS990ScheduleA/InvestmentIncomePYPct00.00030
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt056723
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01392020
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08472216
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012473
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033265
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015744

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.87$0.06$7.81$3.62$3.07$0.55
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.33$0.07$7.26$3.31$2.92$0.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.92$0.05$6.87$3.10$2.47$0.63
2022Detailed filing. Detailed filing data is available for this year.$6.30$0.06$6.24$2.70$2.37$0.33
2021Detailed filing. Detailed filing data is available for this year.$6.17$0.25$5.92$3.06$2.41$0.65
2020Detailed filing. Detailed filing data is available for this year.$6.25$0.98$5.27$3.59$2.17$1.42
2019Detailed filing. Detailed filing data is available for this year.$4.51$0.66$3.85$2.94$2.00$0.94
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.03$0.12$2.91$2.79$2.06$0.74
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.04$2.17$2.50$2.03$0.48
2016Detailed filing. Detailed filing data is available for this year.$1.72$0.02$1.69$2.55$2.04$0.51
2015Detailed filing. Detailed filing data is available for this year.$1.20$0.02$1.18$2.41$2.14$0.27
2014Detailed filing. Detailed filing data is available for this year.$0.96$0.04$0.92$2.01$1.89$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.05$0.80$1.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.03$0.57$1.49
2011Summary only. Only limited summary data is available for this year.$0.59$0.02$0.56$1.84$1.52$0.32
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits