Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.31x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
67th percentile
Higher net margin than 67% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
86th percentile
Faster asset growth than 86% of similar nonprofits.
Revenue Growth
49th percentile
Faster revenue growth than 49% of similar nonprofits.
Balance Sheet
Assets
Up$132,764
Up $49,320 (+59%) from 2021
Net Assets
Up$91,745
Up $9,866 (+12%) from 2021
Liabilities
Up$41,019
Up $39,454 (+2521%) from 2021
Revenue And Expenses
Revenue
Up$59,206
Up $4,707 (+8.6%) from 2021
Expenses
Up$49,339
Up $8,010 (+19%) from 2021
Net Income
Down$9,867
Down $3,303 (-25%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Apr 26, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $59,206
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
| Description | Grants | Expenses |
|---|---|---|
| FOOD PANTRY AND CLOTHING DEPOT | - | $25,355 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| WILLIAM OTT | Treasurer | - | $0 | - | - |
| PAMELA QUINN | President | - | $0 | - | - |
| SHERY MEYER | Secretary | - | $0 | - | - |
| MICHELLE MOFFETT | Director- Me | - | $0 | - | - |
| CAROLE STERNAMAN | Executive 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
- 2023-04-26
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 860 program cost 25,355 non-investment depreciation 1,358 total 27,573”
Form 990-ez, Part II, Line 24
“Grants receivable 535 1,500 prepaid expenses and deferred charges 800 0 equipment 694 1,190 less accumulated depreciation 34 172 operating lease 0 39,517 less accumulated depreciation 0 4,054 total 1,995 37,981”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 1,566 2,378 deferred revenue 0 3,978 operating lease 0 34,663”
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 Appendix145 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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | WILLIAM OTT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2692026050 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6225 LAKEWOOD POINTE DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | COLOMA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49038 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 75771 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 88789 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 58867 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 9867 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4035 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 83444 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 132764 |
| IRS990EZ/GrossReceiptsAmt | 0 | 59206 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 39 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 5678 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 5994 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 81878 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 91745 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 81878 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 91745 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 17731 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | WILLIAM OTT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PAMELA QUINN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SHERY MEYER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MICHELLE MOFFETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | CAROLE STERNAMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR- ME |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | EXECUTIVE DI |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1995 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 37981 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 27573 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 300 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FOOD PANTRY AND CLOTHING DEPOT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 25355 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1566 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 41019 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 49339 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 25355 |
| IRS990EZ/TotalRevenueAmt | 0 | 59206 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 58867 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 54146 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 113013 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 92 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 113013 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 58867 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 54146 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 113013 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 113013 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | RENT 300 TOTAL 300 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING AND PROMOTION 860 PROGRAM COST 25,355 NON-INVESTMENT DEPRECIATION 1,358 TOTAL 27,573 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | GRANTS RECEIVABLE 535 1,500 PREPAID EXPENSES AND DEFERRED CHARGES 800 0 EQUIPMENT 694 1,190 LESS ACCUMULATED DEPRECIATION 34 172 OPERATING LEASE 0 39,517 LESS ACCUMULATED DEPRECIATION 0 4,054 TOTAL 1,995 37,981 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,566 2,378 DEFERRED REVENUE 0 3,978 OPERATING LEASE 0 34,663 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WILLIAM OTT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2692026050 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-04-26 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HOPE RESOURCES |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HOPE |
| ReturnHeader/Filer/EIN | 0 | 814103453 |
| ReturnHeader/Filer/PhoneNum | 0 | 2692026050 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 985 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | COLOMA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 49038 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 832915456 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GABRIDGE & COMPANY PLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3940 PENINSULAR DR SE STE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GRAND RAPIDS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 49546 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2696513228 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-05-31 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROBERT J KLEIN |
| ReturnHeader/ReturnTs | 0 | 2023-05-31T17:04:27-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | WILLIAM |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | OTT |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $132,764
- Liabilities
- $41,019
- Net assets
- $91,745
- Revenue
- $59,206
- Expenses
- $49,339
- Net income
- $9,867