Civic Intelligence

Hope Resources

990EZ • Fiscal year 2021 • EIN 81-4103453

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 30, 2022

PO Box 985Coloma, MI 49038

(269) 202-6050

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

71st percentile

0.03x

Higher debt load relative to revenue than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

69th percentile

24%

Higher net margin than 69% 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

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Assets

$83,444

No earlier filing loaded for comparison.

Net Assets

$81,879

No earlier filing loaded for comparison.

Liabilities

$1,565

No earlier filing loaded for comparison.

Revenue

$54,499

No earlier filing loaded for comparison.

Expenses

$41,329

No earlier filing loaded for comparison.

Net Income

$13,170

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2021: $83,444Liabilities 2021: $1,565Net Assets 2021: $81,8792021Assets 2022: $132,764Liabilities 2022: $41,019Net Assets 2022: $91,7452022Assets 2024: $107,719Liabilities 2024: $19,795Net Assets 2024: $87,9242024

Highlighted filing

2021

Assets$83,444
Liabilities$1,565
Net Assets$81,879

Operations Trend

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

$100K$50K$0-$50KRevenue 2021: $54,499Expenses 2021: $41,329Net Income 2021: $13,1702021Revenue 2022: $59,206Expenses 2022: $49,339Net Income 2022: $9,8672022Revenue 2024: $77,092Expenses 2024: $92,471Net Income 2024: -$15,3792024

Highlighted filing

2021

Revenue$54,499
Expenses$41,329
Net Income$13,170
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 30, 2022
Return Version
2021v4.0
Gross Receipts
$54,499
Mission and Program Overview

Mission

To consolidate food pantry services in the coloma-watercliet, michigan area. In addition, hope plans to offer other services to overcome barriers to the basic resources that increase self-sufficiency and improve quality of life. Basic resources will include a food pantry, meal planning, nutritional classes, clothing closet, bugeting assistance and job readiness.

Program Services

DescriptionGrantsExpenses
FOOD PANTRY AND CLOTHING DEPOT-$17,480
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM OTTTreasurer-$0--
PAMELA QUINNPresident-$0--
SHERY MEYERSecretary-$0--
MICHELLE MOFFETTDirector- Me-$0--
CAROLE STERNAMANExecutive Di-$0--
Filing and Contact Details

Filer

Filer Name
Hope Resources
EIN
81-4103453
Phone
2692026050
Address
PO BOX 985, COLOMA, MI 49038

Signing Officer

Name
William Ott
Title
Treasurer
Phone
2692026050
Signed
2022-04-30

Preparer

Firm
Gabridge & Company Plc
Address
3940 PENINSULAR DR SE STE 200, GRAND RAPIDS, MI 49546
Preparer
Robert J Klein
Phone
2696513228
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

RENT 300 TOTAL 300

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 835 program cost 17,480 other exp 3,346 non-investment depreciation 451 total 22,112

Form 990-ez, Part II, Line 24

Grants receivable 0 535 prepaid expenses and deferred charges 0 800 equipment 0 694 less accumulated depreciation 0 34 total 0 1,995

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 1,565

Form 990-ez, Part III

To consolidate food pantry services in the coloma-watercliet, michigan area. In addition, hope plans to offer other services to overcome barriers to the basic resources that increase self-sufficiency and improve quality of life. Basic resources will include a food pantry, meal planning, nutritional classes, clothing closet, bugeting assistance and job readiness.

Raw XML Appendix138 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/PersonNm0WILLIAM OTT
IRS990EZ/BooksInCareOfDetail/PhoneNum02692026050
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06225 LAKEWOOD POINTE DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COLOMA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd049038
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt068709
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt075771
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt054146
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt013170
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01821
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt068709
IRS990EZ/Form990TotalAssetsGrp/EOYAmt083444
IRS990EZ/GrossReceiptsAmt054499
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt053
IRS990EZ/LandAndBuildingsGrp/EOYAmt05678
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt068709
IRS990EZ/NetAssetsOrFundBalancesEOYAmt081879
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt068709
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt081879
IRS990EZ/OccupancyRentUtltsAndMaintAmt017396
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM OTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAMELA QUINN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHERY MEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHELLE MOFFETT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CAROLE STERNAMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR- ME
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EXECUTIVE DI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01995
IRS990EZ/OtherExpensesTotalAmt022112
IRS990EZ/OtherRevenueTotalAmt0300
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO CONSOLIDATE FOOD PANTRY SERVICES IN THE COLOMA-WATERCLIET, MICHIGAN AREA. IN ADDITION, HOPE PLANS TO OFFER OTHER SERVICES TO OVERCOME BARRIERS TO THE BASIC RESOURCES THAT INCREASE SELF-SUFFICIENCY AND IMPROVE QUALITY OF LIFE. BASIC RESOURCES WILL INCLUDE A FOOD PANTRY, MEAL PLANNING, NUTRITIONAL CLASSES, CLOTHING CLOSET, BUGETING ASSISTANCE AND JOB READINESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FOOD PANTRY AND CLOTHING DEPOT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt017480
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01565
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt041329
IRS990EZ/TotalProgramServiceExpensesAmt017480
IRS990EZ/TotalRevenueAmt054499
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt054146
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt054146
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt053
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt054146
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt054146
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt054146
IRS990ScheduleA/TotalSupportAmt054146
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/ExplanationTxt0RENT 300 TOTAL 300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND PROMOTION 835 PROGRAM COST 17,480 OTHER EXP 3,346 NON-INVESTMENT DEPRECIATION 451 TOTAL 22,112
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRANTS RECEIVABLE 0 535 PREPAID EXPENSES AND DEFERRED CHARGES 0 800 EQUIPMENT 0 694 LESS ACCUMULATED DEPRECIATION 0 34 TOTAL 0 1,995
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 1,565
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO CONSOLIDATE FOOD PANTRY SERVICES IN THE COLOMA-WATERCLIET, MICHIGAN AREA. IN ADDITION, HOPE PLANS TO OFFER OTHER SERVICES TO OVERCOME BARRIERS TO THE BASIC RESOURCES THAT INCREASE SELF-SUFFICIENCY AND IMPROVE QUALITY OF LIFE. BASIC RESOURCES WILL INCLUDE A FOOD PANTRY, MEAL PLANNING, NUTRITIONAL CLASSES, CLOTHING CLOSET, BUGETING ASSISTANCE AND JOB READINESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM OTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02692026050
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOPE RESOURCES
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0814103453
ReturnHeader/Filer/PhoneNum02692026050
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 985
ReturnHeader/Filer/USAddress/CityNm0COLOMA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049038
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832915456
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GABRIDGE & COMPANY PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03940 PENINSULAR DR SE STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAND RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049546
ReturnHeader/PreparerPersonGrp/PhoneNum02696513228
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT J KLEIN
ReturnHeader/ReturnTs02022-05-13T08:30:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OTT
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings