Civic Intelligence

Let Hope Rise Foundation

990EZ • Fiscal year 2021 • EIN 81-0800990

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 12, 2021

Organization Profilewww.lethoperisefoundation.org
1929 W Arrowood RoadCharlotte, NC 28217

(704) 927-7630

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

5th percentile

-181%

Higher net margin than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

4th percentile

-84%

Faster asset growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

50th percentile

4.1%

Faster revenue growth than 50% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$10,783

Down $55,891 (-84%) from 2020

Net Assets

Down

$10,783

Down $55,891 (-84%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin5th percentile

Revenue

Up

$30,870

Up $1,215 (+4.1%) from 2020

Expenses

Up

$86,761

Up $48,536 (+127%) from 2020

Net Income

Down

-$55,891

Down $47,321 (-552%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$80K$60K$40K$20K$0Assets 2017: $20,536Liabilities 2017: $02017Assets 2019: $75,244Liabilities 2019: $0Net Assets 2019: $75,2442019Assets 2020: $66,674Liabilities 2020: $0Net Assets 2020: $66,6742020Assets 2021: $10,783Liabilities 2021: $0Net Assets 2021: $10,7832021Assets 2022: $10,140Liabilities 2022: $0Net Assets 2022: $10,1402022Assets 2023: $3,721Liabilities 2023: $0Net Assets 2023: $3,7212023Assets 2024: $2,296Liabilities 2024: $0Net Assets 2024: $2,2962024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2021

Assets$10,783
Liabilities$0
Net Assets$10,783
Open 2021 Filing

Operations Trend

Revenue Growth50th percentile

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

$200K$100K$0-$100KRevenue 2017: $195,514Expenses 2017: $174,978Net Income 2017: $20,5362017Revenue 2019: $100,355Expenses 2019: $54,178Net Income 2019: $46,1772019Revenue 2020: $29,655Expenses 2020: $38,225Net Income 2020: -$8,5702020Revenue 2021: $30,870Expenses 2021: $86,761Net Income 2021: -$55,8912021Revenue 2022: $67,229Expenses 2022: $67,872Net Income 2022: -$6432022Revenue 2023: $73,080Expenses 2023: $79,499Net Income 2023: -$6,4192023Revenue 2024: $63,567Expenses 2024: $64,992Net Income 2024: -$1,4252024Revenue 2025: $27,008Expenses 2025: $13,880Net Income 2025: $13,1282025

Highlighted filing

2021

Revenue$30,870
Expenses$86,761
Net Income-$55,891
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$30,870
Mission and Program Overview

Mission

Let Hope Rise Foundation exists to stabilize families through housing, mentoring and education.

Program Services

DescriptionGrantsExpenses
Let Hope Rise Foundation provided free and/or reduced rent housing to 10 single women and 5 families at risk of homelessness. Each family had a mentor and encourager to teach financial practices, connect with jobs and support and navigate the family through crises. Families who completed the program emerged independent and self-sufficient.$49,723$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff YagerPresident & Board Member-$0--
Bobby HinsonSecretary And Board Member-$0--
Kelvin SmithBoard Member-$0--
Ervin BarhamBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Let Hope Rise Foundation
EIN
81-0800990
Phone
7049277630
Address
1929 W Arrowood Road, Charlotte, NC 28217

Signing Officer

Name
Ervin Barham
Title
Board Member
Phone
7048471109
Signed
2021-11-12
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“Rent - $33,825; Utilities & Cable - $9,111; Benevolence - $1,000; Furnishings & Maintenance - $5,787”

Form 990-EZ, Part I, Line 16

“Description;Amount^Website;200|Insurance;587|Merchant Service Fees;195|Misc Travel and other charges;56^Total;1038^”

Raw XML Appendix173 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/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & Board Member
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt049723
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IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Rent - $33,825; Utilities & Cable - $9,111; Benevolence - $1,000; Furnishings & Maintenance - $5,787
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum07048471109
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ReturnHeader/Filer/BusinessNameControlTxt0LETH
ReturnHeader/Filer/EIN0810800990
ReturnHeader/Filer/PhoneNum07049277630
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ReturnHeader/Filer/USAddress/CityNm0Charlotte
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028217
ReturnHeader/ReturnTs02021-11-12T15:46:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,783
Liabilities
$0
Net assets
$10,783
Revenue
$30,870
Expenses
$86,761
Net income
-$55,891
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.27$0.14$0.13
2024Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.64$0.65$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.73$0.79$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.67$0.68$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.31$0.87$0.56
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.30$0.38$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$1.00$0.54$0.46
2017Summary only. Only limited summary data is available for this year.$0.21$0.00$1.96$1.75$0.21