Civic Intelligence

A Future with Hope Inc.

990 • Fiscal year 2016 • EIN 80-0883260

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 06, 2017

205 Jumping Brook RoadNeptune, NJ 07753

(732) 359-1030

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.12x

Higher debt load relative to assets than 43% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

29th percentile

0.05x

Higher debt load relative to revenue than 29% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Source year 2016

Net Margin

70th percentile

6.3%

Higher net margin than 70% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

80th percentile

$136,862

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2016 filings • NTEE P • $1M-$5M nonprofits • Source year 2016

Asset Growth

88th percentile

41%

Faster asset growth than 88% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

83rd percentile

23%

Faster revenue growth than 83% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,643,987

Up $474,260 (+41%) from 2015

Net Assets

Up

$1,444,893

Up $391,249 (+37%) from 2015

Liabilities

Up

$199,094

Up $83,011 (+72%) from 2015

Revenue

Up

$4,062,651

Up $771,624 (+23%) from 2015

Expenses

Down

$3,808,213

Down $342,146 (-8.2%) from 2015

Net Income

Up

$254,438

Up $1,113,770 (+130%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $3,213,340Liabilities 2013: $129,614Net Assets 2013: $3,083,7262013Assets 2014: $2,109,767Liabilities 2014: $196,475Net Assets 2014: $1,913,2922014Assets 2015: $1,169,727Liabilities 2015: $116,083Net Assets 2015: $1,053,6442015Assets 2016: $1,643,987Liabilities 2016: $199,094Net Assets 2016: $1,444,8932016Assets 2017: $985,703Liabilities 2017: $98,715Net Assets 2017: $886,9882017Assets 2018: $400,864Liabilities 2018: $44,702Net Assets 2018: $356,1622018Assets 2019: $124,176Liabilities 2019: $20,035Net Assets 2019: $104,1412019Assets 2020: $195,968Liabilities 2020: $143,094Net Assets 2020: $52,8742020Assets 2021: $195,015Liabilities 2021: $75,079Net Assets 2021: $119,9362021Assets 2022: $124,441Liabilities 2022: $12,065Net Assets 2022: $112,3762022Assets 2023: $121,925Liabilities 2023: $6,691Net Assets 2023: $115,2342023Assets 2024: $118,966Liabilities 2024: $1,499Net Assets 2024: $117,4672024

Highlighted filing

2016

Assets$1,643,987
Liabilities$199,094
Net Assets$1,444,893

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $4,087,303Expenses 2013: $1,003,577Net Income 2013: $3,083,7262013Revenue 2014: $2,796,383Expenses 2014: $3,965,984Net Income 2014: -$1,169,6012014Revenue 2015: $3,291,027Expenses 2015: $4,150,359Net Income 2015: -$859,3322015Revenue 2016: $4,062,651Expenses 2016: $3,808,213Net Income 2016: $254,4382016Revenue 2017: $1,313,369Expenses 2017: $1,875,904Net Income 2017: -$562,5352017Revenue 2018: $333,330Expenses 2018: $860,663Net Income 2018: -$527,3332018Revenue 2019: $244,004Expenses 2019: $467,310Net Income 2019: -$223,3062019Revenue 2020: $357,369Expenses 2020: $363,199Net Income 2020: -$5,8302020Revenue 2021: $193,765Expenses 2021: $126,704Net Income 2021: $67,0612021Revenue 2022: $155Expenses 2022: $6,894Net Income 2022: -$6,7392022Revenue 2023: $5,472Expenses 2023: $2,614Net Income 2023: $2,8582023Revenue 2024: $5,722Expenses 2024: $3,489Net Income 2024: $2,2332024

Highlighted filing

2016

Revenue$4,062,651
Expenses$3,808,213
Net Income$254,438
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 6, 2017
Return Version
2016v3.0
Gross Receipts
$4,062,651
Mission and Program Overview

Mission

To respond to any emergencies and/or designated struggles affecting the greater nj annual conference of the united methodist church, including providing long term assistance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$386,753$874,070▲ $487,317
Investments Other Securities$252,409$514,618▲ $262,209
Savings and Temporary Cash Investments$252,798--
Accounts Receivable$227,970$209,017▼ $18,953
Prepaid Expenses and Deferred Charges$43,300$42,384▼ $916
Land, Buildings, and Equipment, Net$6,497$3,898▼ $2,599
Total Assets$1,169,727$1,643,987▲ $474,260
Liabilities
Accounts Payable and Accrued Expenses$103,983$186,494▲ $82,511
Other Liabilities$12,100$12,600▲ $500
Total Liabilities$116,083$199,094▲ $83,011
Net Assets / Fund Balance
Unrestricted Net Assets$983,765$1,004,851▲ $21,086
Temporarily Rstr Net Assets$69,879$440,042▲ $370,163
Total Net Assets Fund Balance$1,053,644$1,444,893▲ $391,249
Total Liabilities and Net Assets / Fund Balance$1,169,727$1,643,987▲ $474,260

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,898$9,097$12,995
Other Securities$514,618--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John CardilloTreasurer--$136,862$136,862
Bobbie RidgelyExdirector/sFT$84,625$19,181$103,806

Highest Paid Contractors

ContractorServicesLocationCompensation
Miller Homes-112 GIFFORDTOWN LN, Little Egg Harbor, NJ 08087$964,998
Sansom Electric LLC-4 FOREST VIEW COURT, Egg Harbor Township, NJ 08234$114,572
Revenue and Support

Revenue Composition

Contributions and Grants
$2,481,039
Program Service Revenue
$1,580,224
Investment Income
$1,388
Other Revenue
$0
All Other Contributions
$2,066,424
Change in Net Assets
$254,438

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,062,651
Revenue Not Reported on Form 990
$136,811
Total Revenue per Audited Statements
$4,199,462
Total Revenue per Form 990
$4,062,651
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,459,954
Salaries, Compensation, and Employee Benefits$720,620
Grants and Similar Amounts Paid$627,639
Total Fundraising Expense$71,528
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,976,409--$1,976,409
Grants to Domestic Individuals$627,639--$627,639
Other Salaries and Wages$343,354$29,701$18,611$391,666
Insurance$2,865$149,972$24,414$177,251
Current Officers, Directors, Trustees, and Key Employees-$103,806-$103,806
Fees for Services Accounting$100$84,302$13,724$98,126
Other Employee Benefits$71,251$4,139$2,953$78,343
Travel$72,309$344$56$72,709
Comp Disqual Persons$69,498--$69,498
Payroll Taxes$41,667$11,634$1,894$55,195
Information Technology$21,289$16,879$2,748$40,916
Office Expenses$12,633$9,150$1,489$23,272
Pension Plan Contributions$19,489$1,530$1,093$22,112
Occupancy$8,462$7,740$1,260$17,462
Fees for Services Legal-$11,517$1,875$13,392
Other Expenses$2,312$5,163$840$8,315
Depreciation Depletion-$2,235$364$2,599
Advertising-$52$8$60
Total Functional Expenses$3,297,297$439,388$71,528$3,808,213

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,808,213
Total Expenses per Audited Statements$3,808,213
Total Expenses per Form 990$3,808,213
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Beverly ScholTrustee -spouseEmployeeNo$69,498
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Volunteer Deposits$12,600
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
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is sent to the board for review at the board meeting before the filing due date. It is thoroughly reviewed by the board and documented in the applicable minutes.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is reviewed annually at the annual board meeting. Each board member signs-off on the policy, indicating that they will abide by it.

Form 990, Page 6, Part VI, Line 15A

The board human resources committee recommends compensation percentage increases for the next year to the full board.

Form 990, Page 6, Part VI, Line 15B

The board human resources committee recommends compensation percentage increases for the next year to the full board, which is an across the board percentage for all employees.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
A Future With Hope Inc
EIN
80-0883260
Phone
7323591030
Address
205 JUMPING BROOK ROAD, NEPTUNE, NJ 07753

Signing Officer

Name
John Cardillo
Title
Treasurer
Phone
7323591056
Signed
2017-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Cardillo
Formed
2012
Legal Domicile
Nj
Voting Board Members
14
Independent Board Members
11
Employees
12
Volunteers
1,064

Preparer

Firm
Lambrides Arnold Moulthrop Llp
Address
26 PARK ST STE 301, MONTCLAIR, NJ 07042-3443
Preparer
John M Borges
Phone
9737448660
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

The volunteers helped in the recovery efforts by doing the following types of work but not limited to: sheetrock, insulation, cabinetry, flooring, painting, cleanup, hanging doors & trim.

Form 990, Part IX, Line 11G

Subcontractors 1,976,409 0 0

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code and applicable state law. The accounting standards on accounting for uncertainty in income taxes address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the financial statements from a tax position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for 2016. The organization's return of organization exempt from income tax (irs form 990) for the years ended december 31, 2014, 2015, and 2016 are subject to examination by the irs, generally for three years after they were filed. The organization is subject to routine audits by taxing jurisdictions, however, there are currently no audits for any tax periods in progress. The organization is no longer subject to income tax examination for the years prior to 2014.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1EXDIRECTOR/S
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR 2016. THE ORGANIZATION'S RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (IRS FORM 990) FOR THE YEARS ENDED DECEMBER 31, 2014, 2015, AND 2016 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION FOR THE YEARS PRIOR TO 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X

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