Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
96th percentile
Higher net margin than 96% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
100th percentile
Faster asset growth than 100% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Balance Sheet
Assets
Up$55,469
Up $55,344 (+44275%) from 2016
Net Assets
Up$53,424
Up $53,424 from 2016
Liabilities
Up$2,045
Up $1,920 (+1536%) from 2016
Revenue And Expenses
Revenue
Up$69,395
Up $69,395 from 2016
Expenses
Up$15,971
Up $15,971 from 2016
Net Income
Up$53,424
Up $53,424 from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Sep 24, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $69,395
Mission and Program Overview
Mission
The mission of hmg cares foundation is to assist team members and communities in which they serve who are affected by hardship due to events beyond their control. These individuals have experienced hurricane harvey, life threatening illnesses and death.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE FOUNDATION HAS ALREADY HOSTED SEVERAL EVENTS AND RAISED CLOSE TO $70,000 IN DONATIONS. USING $25,000 OF THE MONEY RAISED, THE FOUNDATION HAS BEEN ABLE TO LEND A HELPING HAND TO 16 INDIVIDUALS WHO HAVE EXPERIENCED HURRICANE HARVEY, LIFE THREATENING ILLNESSES AND DEATH. | $69,395 | $15,791 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DEREK PRINCE | President | PT | $0 | - | - |
| WAYNE CULP | Secretary | - | $0 | - | - |
| LAURENCE DASPIT | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Hmg Cares Foundation
- EIN
- 81-3931171
- Phone
- 2814195520
- Address
- 1780 HUGHES LANDING BLVD SUITE 500, THE WOODLANDS, TX 77380
Signing Officer
- Name
- Derek Prince
- Title
- President
- Phone
- 2814195520
- Signed
- 2018-09-24
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Drucker & Scaccetti Pc
- Address
- 1600 MARKET STREET SUITE 3300, PHILADELPHIA, PA 19103
- Preparer
- Steven R Rossman CPA
- Phone
- 2156653960
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: administrative services. Amount: 1,202. Description: advertising. Amount: 14,471. Description: supplies. Amount: 173. Description: license & permits. Amount: 125. Total to form 990-ez, line 16: 15,971.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: prepaid exepenses. Beg. Of year amount: 125. End of year amount: 0.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accrued taxes. Beg. Of year amount: 125. End of year amount: 125. Description: accounts payable. Beg. Of year amount: 0. End of year amount: 920. Description: due to hmg healthcare llc. Beg. Of year amount: 0. End of year amount: 1,000.”
Raw XML Appendix158 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | DEREK L PRINCE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2814195520 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1780 HUGHES LANDING BLVD SUITE 500 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | THE WOODLANDS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77380 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 55469 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 69395 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 53424 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 125 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 55469 |
| IRS990EZ/GrossReceiptsAmt | 0 | 69395 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 53424 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 53424 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 7.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.75 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3.75 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DEREK PRINCE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | WAYNE CULP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LAURENCE DASPIT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 125 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 15971 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MISSION OF HMG CARES FOUNDATION IS TO ASSIST TEAM MEMBERS AND COMMUNITIES IN WHICH THEY SERVE WHO ARE AFFECTED BY HARDSHIP DUE TO EVENTS BEYOND THEIR CONTROL. THESE INDIVIDUALS HAVE EXPERIENCED HURRICANE HARVEY, LIFE THREATENING ILLNESSES AND DEATH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE FOUNDATION HAS ALREADY HOSTED SEVERAL EVENTS AND RAISED CLOSE TO $70,000 IN DONATIONS. USING $25,000 OF THE MONEY RAISED, THE FOUNDATION HAS BEEN ABLE TO LEND A HELPING HAND TO 16 INDIVIDUALS WHO HAVE EXPERIENCED HURRICANE HARVEY, LIFE THREATENING ILLNESSES AND DEATH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 69395 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 15791 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | TX |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 125 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2045 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 15971 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 15791 |
| IRS990EZ/TotalRevenueAmt | 0 | 69395 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 69395 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 69395 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 69395 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 69395 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 69395 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 69395 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: ADMINISTRATIVE SERVICES. AMOUNT: 1,202. DESCRIPTION: ADVERTISING. AMOUNT: 14,471. DESCRIPTION: SUPPLIES. AMOUNT: 173. DESCRIPTION: LICENSE & PERMITS. AMOUNT: 125. TOTAL TO FORM 990-EZ, LINE 16: 15,971. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: PREPAID EXEPENSES. BEG. OF YEAR AMOUNT: 125. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCRUED TAXES. BEG. OF YEAR AMOUNT: 125. END OF YEAR AMOUNT: 125. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 920. DESCRIPTION: DUE TO HMG HEALTHCARE LLC. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DEREK PRINCE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2814195520 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-09-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HMG CARES FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HMGC |
| ReturnHeader/Filer/EIN | 0 | 813931171 |
| ReturnHeader/Filer/PhoneNum | 0 | 2814195520 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1780 HUGHES LANDING BLVD SUITE 500 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | THE WOODLANDS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77380 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 8121CA463AABFA4EFE5158FD2073B628CA1C8F6D |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 47E99D1AF6C4B32F249A981E2DA5A5A2A0A6E7FE |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 38.98.221.242 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-09-24 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:03:36 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 232628118 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DRUCKER & SCACCETTI PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1600 MARKET STREET SUITE 3300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PHILADELPHIA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 19103 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2156653960 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEVEN R ROSSMAN CPA |
| ReturnHeader/ReturnTs | 0 | 2018-09-24T15:42:43-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $55,469
- Liabilities
- $2,045
- Net assets
- $53,424
- Revenue
- $69,395
- Expenses
- $15,971
- Net income
- $53,424