Civic Intelligence

Hope Ascending Inc.

990EZ • Fiscal year 2020 • EIN 81-3507806

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 07, 2021

Organization ProfileWWW.HOPEASCENDING.ORG
165 Main StreetRockport, MA 01966

(978) 761-6288

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

72nd percentile

22%

Higher net margin than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$16,909

No earlier filing loaded for comparison.

Net Assets

$16,909

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin72nd percentile

Revenue

$55,304

No earlier filing loaded for comparison.

Expenses

$42,909

No earlier filing loaded for comparison.

Net Income

$12,395

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60K$40K$20K$0Assets 2020: $16,909Net Assets 2020: $16,9092020Assets 2021: $3,644Net Assets 2021: $3,6442021Assets 2024: $57,497Net Assets 2024: $57,4972024

Highlighted filing

2020

Assets$16,909
Liabilities-
Net Assets$16,909
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2020: $55,304Expenses 2020: $42,909Net Income 2020: $12,3952020Revenue 2021: $57,689Expenses 2021: $70,954Net Income 2021: -$13,2652021Revenue 2024: $81,521Expenses 2024: $38,791Net Income 2024: $42,7302024

Highlighted filing

2020

Revenue$55,304
Expenses$42,909
Net Income$12,395
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 7, 2021
Return Version
2020v4.1
Gross Receipts
$55,304
Mission and Program Overview

Mission

Educational economic aid to poor communities

Program Services

DescriptionGrantsExpenses
FOCUS ON TRANSFOMATION OF POOR COMMUNITIES BY ESTABLISHING EDUCATION NETWORKS AND INCREASE THE ECONOMIC STANDING OF MARGINALIZED POPULATIONS THROUGH JOB TRANING AND DEVELOPMENT-$42,891
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARL OULTONPresident-$0--
JULIE OULTONTreasurer-$0--
GERMAN DISLADirector-$0--
MICHAEL MITTCHELDirector-$0--
CHRISTINE TRAVERSClerk-$0--
Filing and Contact Details

Filer

Filer Name
Hope Ascending Inc
EIN
81-3507806
Phone
9787616288
Address
165 MAIN STREET, ROCKPORT, MA 01966

Signing Officer

Name
Carl Oulton
Title
President
Signed
2021-07-07
Discuss with paid preparer
Yes

Preparer

Firm
Philpott Doyle & Co PC
Address
131 Main Street, Reading, MA 01867
Preparer
Timothy Philpott CPA
Phone
7819422950
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Bank Fees 18”

Raw XML Appendix131 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CARL OULTON
IRS990EZ/BooksInCareOfDetail/PhoneNum09787616288
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0165 MAIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCKPORT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001966
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04514
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016909
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt055288
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012395
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04514
IRS990EZ/Form990TotalAssetsGrp/EOYAmt016909
IRS990EZ/GrantsAndSimilarAmountsPaidAmt042891
IRS990EZ/GrossReceiptsAmt055304
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt016
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04514
IRS990EZ/NetAssetsOrFundBalancesEOYAmt016909
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04514
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt016909
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0003.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1003.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CARL OULTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JULIE OULTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GERMAN DISLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHAEL MITTCHEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHRISTINE TRAVERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4CLERK
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt018
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATIONAL ECONOMIC AID TO POOR COMMUNITIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FOCUS ON TRANSFOMATION OF POOR COMMUNITIES BY ESTABLISHING EDUCATION NETWORKS AND INCREASE THE ECONOMIC STANDING OF MARGINALIZED POPULATIONS THROUGH JOB TRANING AND DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt042891
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt042909
IRS990EZ/TotalProgramServiceExpensesAmt042891
IRS990EZ/TotalRevenueAmt055304
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.HOPEASCENDING.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt055288
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt055288
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt016
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt055288
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt055288
IRS990ScheduleA/Total509Grp/TotalAmt055288
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt055304
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt055304
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Bank Fees 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CARL OULTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOPE ASCENDING INC
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0813507806
ReturnHeader/Filer/PhoneNum09787616288
ReturnHeader/Filer/USAddress/AddressLine1Txt0165 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0ROCKPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001966
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Philpott Doyle & Co PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0131 Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Reading
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001867
ReturnHeader/PreparerPersonGrp/PhoneNum07819422950
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy Philpott CPA
ReturnHeader/ReturnTs02021-07-07T12:48:54-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CARL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OULTON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,909
Liabilities
-
Net assets
$16,909
Revenue
$55,304
Expenses
$42,909
Net income
$12,395
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$57.5$57.5$81.5$38.8$42.7
2021Detailed filing. Detailed filing data is available for this year.$3.64$3.64$57.7$71.0$13.3
2020Detailed filing. Detailed filing data is available for this year.$16.9$16.9$55.3$42.9$12.4