Civic Intelligence

Hope Ascending Inc.

990EZ • Fiscal year 2021 • EIN 81-3507806

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 11, 2022

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

18th percentile

-23%

Higher net margin than 18% 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

-78%

Faster asset growth than 4% of similar nonprofits.

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

Revenue Growth

50th percentile

4.3%

Faster revenue growth than 50% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$3,644

Down $13,265 (-78%) from 2020

Net Assets

Down

$3,644

Down $13,265 (-78%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin18th percentile

Revenue

Up

$57,689

Up $2,385 (+4.3%) from 2020

Expenses

Up

$70,954

Up $28,045 (+65%) from 2020

Net Income

Down

-$13,265

Down $25,660 (-207%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

2021

Assets$3,644
Liabilities-
Net Assets$3,644
Open 2021 Filing

Operations Trend

Revenue Growth50th percentile

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

2021

Revenue$57,689
Expenses$70,954
Net Income-$13,265
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 11, 2022
Return Version
2021v4.2
Gross Receipts
$57,689
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-$70,954
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARL OULTONPresident-$0--
JULIE OULTONTreasurer-$0--
GERMAN DISLADirector-$0--
MICHAEL MITCHELLDirector-$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
Phone
9787616288
Signed
2022-10-11
Discuss with paid preparer
No

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 2,034”

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

“Filing Fees 92”

Raw XML Appendix149 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCKPORT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001966
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt016909
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IRS990EZ/ExcessOrDeficitForYearAmt0-13265
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt068828
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4001.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CARL OULTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JULIE OULTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GERMAN DISLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHAEL MITCHELL
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/OtherExpensesTotalAmt02126
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/ProgramServiceExpensesAmt070954
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt070954
IRS990EZ/TotalProgramServiceExpensesAmt070954
IRS990EZ/TotalRevenueAmt057689
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.HOPEASCENDING.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt057972
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt055288
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0113260
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt033
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt016
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt033
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0113260
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt057972
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt055288
IRS990ScheduleA/Total509Grp/TotalAmt0113260
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt057989
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt055304
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0113293
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Bank Fees 2,034
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Filing Fees 92
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CARL OULTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09787616288
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-11
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/PreparerFirmEIN0043329323
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0131 Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Reading
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001867
ReturnHeader/PreparerPersonGrp/PhoneNum07819422950
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy Philpott CPA
ReturnHeader/ReturnTs02022-10-11T03:34:28-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CARL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OULTON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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
$3,644
Liabilities
-
Net assets
$3,644
Revenue
$57,689
Expenses
$70,954
Net income
-$13,265
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