Civic Intelligence

Shepherding Hope Foundation

990 • Fiscal year 2023 • EIN 81-2797535

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 30, 2023

1839 Agriculture StNew Orleans, LA 70119

(504) 598-9399

Siviq Scores

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

Liabilities / Assets

28th percentile

0.05x

Higher debt load relative to assets than 28% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

2.01x

Higher debt load relative to revenue than 88% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

4th percentile

-80%

Higher net margin than 4% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

39th percentile

2.6%

Faster asset growth than 39% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

49th percentile

5.0%

Faster revenue growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$11,488,607

Up $292,603 (+2.6%) from 2022

Net Assets

Down

$10,969,670

Down $157,297 (-1.4%) from 2022

Liabilities

Up

$518,937

Up $449,900 (+652%) from 2022

Revenue

Up

$258,614

Up $12,399 (+5.0%) from 2022

Expenses

Up

$466,484

Up $432,482 (+1272%) from 2022

Net Income

Down

-$207,870

Down $420,083 (-198%) from 2022

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

2023

Assets$11,488,607
Liabilities$518,937
Net Assets$10,969,670

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

2023

Revenue$258,614
Expenses$466,484
Net Income-$207,870
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 30, 2023
Return Version
2022v5.0
Gross Receipts
$258,614
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$6,607,000$6,607,000→ $0
Investments Program Related$3,812,608$4,032,837▲ $220,229
Pledges and Grants Receivable$520,000$510,000▼ $10,000
Cash and Non-Interest-Bearing Accounts$38,077$13,834▼ $24,243
Total Assets$11,196,004$11,488,607▲ $292,603
Other Assets Total$218,319$324,936▲ $106,617
Liabilities
Mortgage Notes Payable Secured by Investment Property-$430,000-
Other Liabilities$69,037$88,937▲ $19,900
Total Liabilities$69,037$518,937▲ $449,900
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,830,467$9,683,170▼ $147,297
Net Assets With Donor Restrictions$1,296,500$1,286,500▼ $10,000
Total Net Assets Fund Balance$11,126,967$10,969,670▼ $157,297
Total Liabilities and Net Assets / Fund Balance$11,196,004$11,488,607▲ $292,603

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$4,032,837--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$776,500---$776,500
2021$776,500---$776,500
2020$776,500---$776,500
2019$776,500---$776,500
2018$776,500---$776,500
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
$62,000
Program Service Revenue
$0
Investment Income
$196,614
Other Revenue
$0
All Other Contributions
$62,000
Change in Net Assets
$-207,870

Audited Revenue Reconciliation

Revenue per Audited Statements
$258,614
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$50,573
Total Revenue per Audited Statements
$309,187
Total Revenue per Form 990
$258,614
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$430,000
Other Expenses$36,484
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$430,000--$430,000
Interest-$21,616-$21,616
Fees for Services Accounting-$13,900-$13,900
Other Expenses-$968-$968
Total Functional Expenses$430,000$36,484$0$466,484

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$466,484
Total Expenses per Audited Statements$466,484
Total Expenses per Form 990$466,484
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Good Shepherd Nativity Mission School IncNew Orleans, LA501(c)(3)To Provide Funds Needed for the Operations of the School.$430,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Good Shepherd Nativity Mission School, Inc.$88,937
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 35% controlled entity
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
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 reviewed by the shepherding hope foundation board members.

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
2023-11-30
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 shepherding hope foundation board 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, 2023, the foundation has three years of tax returns open for review by the irs. The years open are 2020, 2021 and 2022 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, 2023.

Raw XML Appendix382 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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IRS990ScheduleD/ExpensesSubtotalAmt0466484
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt04032837
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/NetUnrealizedGainsInvstAmt050573
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt088937
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO GOOD SHEPHERD NATIVITY MISSION SCHOOL, INC.
IRS990ScheduleD/RevenueNotReportedAmt050573
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0258614
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, 2023, THE FOUNDATION HAS THREE YEARS OF TAX RETURNS OPEN FOR REVIEW BY THE IRS. THE YEARS OPEN ARE 2020, 2021 AND 2022 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, 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt04032837
IRS990ScheduleD/TotalExpensesPerForm990Amt0466484
IRS990ScheduleD/TotalLiabilityAmt088937
IRS990ScheduleD/TotalRevenuePerForm990Amt0258614
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0309187
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0466484
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0430000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE FUNDS NEEDED FOR THE OPERATIONS OF THE SCHOOL.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GOOD SHEPHERD NATIVITY MISSION SCHOOL INC
IRS990ScheduleI/RecipientTable/RecipientEIN0721489054
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01839 AGRICULTURE ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW ORLEANS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070119
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
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 REVIEWED BY THE SHEPHERDING HOPE FOUNDATION BOARD MEMBERS.
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 SHEPHERDING HOPE FOUNDATION BOARD 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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt011196004
IRS990/TotalAssetsEOYAmt011488607
IRS990/TotalAssetsGrp/BOYAmt011196004
IRS990/TotalAssetsGrp/EOYAmt011488607
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt062000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036484
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0430000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0466484
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt069037
IRS990/TotalLiabilitiesEOYAmt0518937
IRS990/TotalLiabilitiesGrp/BOYAmt069037
IRS990/TotalLiabilitiesGrp/EOYAmt0518937
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011126967
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010969670
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0430000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0196614
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0258614
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011196004
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011488607
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN ROMIG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05045989349
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-30
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/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721042866
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KUSHNER LAGRAIZE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03330 WEST ESPLANADE AVENUE STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0METAIRIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd070002
ReturnHeader/PreparerPersonGrp/PhoneNum05048389991
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOUGLAS W FINEGAN
ReturnHeader/ReturnTs02024-01-17T15:58:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEPHEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ROMIG
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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