Civic Intelligence

Shepherding Hope Foundation

990 • Fiscal year 2018 • EIN 81-2797535

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 30, 2019

1839 Agriculture StNew Orleans, LA 70119

(504) 598-9399

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$11,391,201

Up $8,782,860 (+337%) from 2017

Net Assets

Up

$10,837,608

Up $9,212,939 (+567%) from 2017

Liabilities

Down

$553,593

Down $430,079 (-44%) from 2017

Revenue And Expenses

Revenue

Up

$9,587,069

Up $7,281,805 (+316%) from 2017

Expenses

Down

$397,441

Down $253,339 (-39%) from 2017

Net Income

Up

$9,189,628

Up $7,535,144 (+455%) from 2017

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2016: $1Liabilities 2016: $29,8152016Assets 2017: $2,608,341Liabilities 2017: $983,672Net Assets 2017: $1,624,6692017Assets 2018: $11,391,201Liabilities 2018: $553,593Net Assets 2018: $10,837,6082018Assets 2019: $11,090,968Liabilities 2019: $254,749Net Assets 2019: $10,836,2192019Assets 2020: $10,789,918Liabilities 2020: $0Net Assets 2020: $10,789,9182020Assets 2021: $11,582,767Liabilities 2021: $0Net Assets 2021: $11,582,7672021Assets 2022: $11,196,004Liabilities 2022: $69,037Net Assets 2022: $11,126,9672022Assets 2023: $11,488,607Liabilities 2023: $518,937Net Assets 2023: $10,969,6702023Assets 2024: $11,086,768Liabilities 2024: $0Net Assets 2024: $11,086,7682024Assets 2025: $6,982,272Liabilities 2025: $420,000Net Assets 2025: $6,562,2722025

Highlighted filing

2018

Assets$11,391,201
Liabilities$553,593
Net Assets$10,837,608

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2016: $0Expenses 2016: $29,815Net Income 2016: -$29,8152016Revenue 2017: $2,305,264Expenses 2017: $650,780Net Income 2017: $1,654,4842017Revenue 2018: $9,587,069Expenses 2018: $397,441Net Income 2018: $9,189,6282018Revenue 2019: $814,561Expenses 2019: $786,412Net Income 2019: $28,1492019Revenue 2020: $273,841Expenses 2020: $235,775Net Income 2020: $38,0662020Revenue 2021: $165,204Expenses 2021: $17,421Net Income 2021: $147,7832021Revenue 2022: $246,215Expenses 2022: $34,002Net Income 2022: $212,2132022Revenue 2023: $258,614Expenses 2023: $466,484Net Income 2023: -$207,8702023Revenue 2024: $666,128Expenses 2024: $750,960Net Income 2024: -$84,8322024Revenue 2025: $2,120,165Expenses 2025: $6,871,686Net Income 2025: -$4,751,5212025

Highlighted filing

2018

Revenue$9,587,069
Expenses$397,441
Net Income$9,189,628
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 30, 2019
Return Version
2017v2.3
Gross Receipts
$9,587,069
Mission and Program Overview

Mission

To provide financial support, when neeeded, to good shepherd mission network, inc. And subsidiaries, which includes good shepherd nativity mission school, inc. And gss - a.p. Tureaud, inc.

To raise funds to financially support good shepherd mission network, inc. And subsidiaries, which includes good shepherd nativity mission school, inc. And gss - a.p. Tureaud, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,624,669$10,837,608▲ $9,212,939
Other Notes and Loans Receivable, Net-$6,607,000-
Investments in Publicly Traded Securities-$3,370,434-
Pledges and Grants Receivable$776,292$1,016,326▲ $240,034
Cash and Non-Interest-Bearing Accounts$884,132$397,441▼ $486,691
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,608,341$11,391,201▲ $8,782,860
Other Assets Total$947,917$0▼ $947,917
Liabilities
Unsecured Notes Loans Payable$983,672$0▼ $983,672
Other Liabilities$0$553,593▲ $553,593
Total Liabilities$983,672$553,593▼ $430,079
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,624,669$10,837,608▲ $9,212,939
Total Liabilities and Net Assets / Fund Balance$2,608,341$11,391,201▲ $8,782,860

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$0$776,500--$776,500
2016$0----
2015$0----
2014$0----
2013$0----
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen RomigPresident
Elizabeth BrennanVice President/secretary
Christopher KaneMember
Regan LeopoldMember
Ryan RetifTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,530,061
Program Service Revenue
$0
Investment Income
$57,008
Other Revenue
$0
All Other Contributions
$9,530,061
Change in Net Assets
$9,189,628

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Miscellaneous1$4,457,642Fair Market Value (FMV)
Other Non Cash Contri Table1$3,906,153Book
Other Non Cash Contri Table1$453,092Fair Market Value (FMV)
Total Noncash Contributions3$8,816,887-

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,587,069
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$23,311
Total Revenue per Audited Statements
$9,610,380
Total Revenue per Form 990
$9,587,069
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$208,694
Other Expenses$188,747
Total Fundraising Expense$25,209
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$208,694--$208,694
Interest-$142,601-$142,601
Fees for Services Accounting-$12,407-$12,407
Advertising--$5,209$5,209
Insurance-$1,192-$1,192
Other Expenses-$919$20,000$919
Fees for Services Legal-$398-$398
Total Functional Expenses$208,694$163,538$25,209$397,441

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$397,441
Total Expenses per Audited Statements$397,441
Total Expenses per Form 990$397,441
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Gss - Ap Tureaud IncNew Orleans, LA501(c)(2)To Provide Funds Needed to Receive and Maintain Property for the Construction of the New School Building.$100,000
Good Shepherd Nativity Mission School IncNew Orleans, LA501(c)(3)To Provide Funds Needed for the Operations of the School.-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$553,593
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
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Section A, Line 6

There are members that make up the board of directors.

Form 990, Part VI, Section A, Line 7A

The organization has members who had the power to elect or appoint one or more members of the governing body.

Form 990, Part VI, Section B, Line 11B

Form 990 is first reviewed by the finance committee, and then it is sent to all board members for review.

Form 990, Part VI, Section B, Line 12C

The board of directors meet regularly throughout the year. Any conflicts of interest that have been disclosed to the board or may arise during the year are discussed during these meetings in order to ensure compliance with these policies.

Form 990, Part VI, Section C, Line 19

Information is published on guidestar.org.

Filing and Contact Details

Filer

Filer Name
Shepherding Hope Foundation
EIN
81-2797535
Phone
5045989399
Address
1839 AGRICULTURE ST, NEW ORLEANS, LA 70119

Signing Officer

Name
Stephen Romig
Title
President
Phone
5045989349
Signed
2019-04-30
Discuss with paid preparer
No

Organization Details

Principal Officer
Stephen Romig
Formed
2016
Legal Domicile
La
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Kushner Lagraize LLC
Address
3330 WEST ESPLANADE AVENUE STE 100, METAIRIE, LA 70002
Preparer
Douglas W Finegan
Phone
5048389991
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The finance committee is in charge of the audit.

Financial Statement Notes

PART X, LINE 2:

The foundation has received a tax-exempt ruling under section 501(c)(3) from the internal revenue service, and accordingly, is not subject to federal income tax unless the foundation has unrelated trade or business income. Management believes there are no uncertain tax positions included in the financial statements. As of june 30, 2018, the foundation has two years of tax returns open for review by the irs. The years open are 2016 and 2017 and is included within the 3 year statute of limitations for irs review. As of the date of the audit report, the foundation has not filed its tax return for the year ended june 30, 2018.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS RECEIVED A TAX-EXEMPT RULING UNDER SECTION 501(C)(3) FROM THE INTERNAL REVENUE SERVICE, AND ACCORDINGLY, IS NOT SUBJECT TO FEDERAL INCOME TAX UNLESS THE FOUNDATION HAS UNRELATED TRADE OR BUSINESS INCOME. MANAGEMENT BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS INCLUDED IN THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2018, THE FOUNDATION HAS TWO YEARS OF TAX RETURNS OPEN FOR REVIEW BY THE IRS. THE YEARS OPEN ARE 2016 AND 2017 AND IS INCLUDED WITHIN THE 3 YEAR STATUTE OF LIMITATIONS FOR IRS REVIEW. AS OF THE DATE OF THE AUDIT REPORT, THE FOUNDATION HAS NOT FILED ITS TAX RETURN FOR THE YEAR ENDED JUNE 30, 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09610380
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0397441
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0CAPITAL CAMPAIGN CONSULTING FEES
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0418671
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0398671
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0FIRST PRINCIPLE CONSULTING
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt020000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt041 SEDGEFIELD DRIVE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0HARAHAN
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd070123
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt0418671
IRS990ScheduleG/TotalNetToOrganizationAmt0398671
IRS990ScheduleG/TotalRetainedByContractorsAmt020000
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(2)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0108694
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE FUNDS NEEDED TO RECEIVE AND MAINTAIN PROPERTY FOR THE CONSTRUCTION OF THE NEW SCHOOL BUILDING.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO PROVIDE FUNDS NEEDED FOR THE OPERATIONS OF THE SCHOOL.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GSS - AP TUREAUD INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GOOD SHEPHERD NATIVITY MISSION SCHOOL INC
IRS990ScheduleI/RecipientTable/RecipientEIN0812417744
IRS990ScheduleI/RecipientTable/RecipientEIN1721489054
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01839 AGRICULTURE STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11839 AGRICULTURE STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070119
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd170119
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0FORGIVENESS OF DUE TO GSS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1PLEDGES RECEIVABLE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0BOOK
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt03906153
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt1453092
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesMiscellaneousGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesMiscellaneousGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/SecuritiesMiscellaneousGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesMiscellaneousGrp/NoncashContributionsRptF990Amt04457642
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE MEMBERS THAT MAKE UP THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS WHO HAD THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS FIRST REVIEWED BY THE FINANCE COMMITTEE, AND THEN IT IS SENT TO ALL BOARD MEMBERS FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS MEET REGULARLY THROUGHOUT THE YEAR. ANY CONFLICTS OF INTEREST THAT HAVE BEEN DISCLOSED TO THE BOARD OR MAY ARISE DURING THE YEAR ARE DISCUSSED DURING THESE MEETINGS IN ORDER TO ENSURE COMPLIANCE WITH THESE POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INFORMATION IS PUBLISHED ON GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FINANCE COMMITTEE IS IN CHARGE OF THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02608341
IRS990/TotalAssetsEOYAmt011391201
IRS990/TotalAssetsGrp/BOYAmt02608341
IRS990/TotalAssetsGrp/EOYAmt011391201
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt09530061
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt025209
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0163538
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0208694
IRS990/TotalFunctionalExpensesGrp/TotalAmt0397441
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0983672
IRS990/TotalLiabilitiesEOYAmt0553593
IRS990/TotalLiabilitiesGrp/BOYAmt0983672
IRS990/TotalLiabilitiesGrp/EOYAmt0553593
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01624669
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010837608
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0208694
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt057008
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09587069
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02608341
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011391201
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0983672
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/USAddress/AddressLine1Txt01839 AGRICULTURE ST
IRS990/USAddress/CityNm0NEW ORLEANS
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070119
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN ROMIG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05045989349
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHEPHERDING HOPE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SHEP
ReturnHeader/Filer/EIN0812797535
ReturnHeader/Filer/PhoneNum05045989399
ReturnHeader/Filer/USAddress/AddressLine1Txt01839 AGRICULTURE ST
ReturnHeader/Filer/USAddress/CityNm0NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070119
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0132A8280D765CDC6A7B2A2A9F25C61FB04F5695F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId032751DC66F065A028C6B772B9085C5585BBFC926
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt012.230.139.90
ReturnHeader/FilingSecurityInformation/IPDt02019-04-30

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