Civic Intelligence

Hope Resources

990EZ • Fiscal year 2023 • EIN 81-4103453

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

Organization ProfileN/A
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

86th percentile

0.26x

Higher debt load relative to assets than 86% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

0.51x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

20th percentile

-18%

Higher net margin than 20% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

26th percentile

-17%

Faster asset growth than 26% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

39th percentile

-4.2%

Faster revenue growth than 39% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$110,415

Down $22,349 (-17%) from 2022

Net Assets

Down

$81,295

Down $10,450 (-11%) from 2022

Liabilities

Down

$29,120

Down $11,899 (-29%) from 2022

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin20th percentile

Revenue

Down

$56,726

Down $2,480 (-4.2%) from 2022

Expenses

Up

$67,176

Up $17,837 (+36%) from 2022

Net Income

Down

-$10,450

Down $20,317 (-206%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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 2023: $110,415Liabilities 2023: $29,120Net Assets 2023: $81,2952023Assets 2024: $107,719Liabilities 2024: $19,795Net Assets 2024: $87,9242024

Highlighted filing

2023

Assets$110,415
Liabilities$29,120
Net Assets$81,295
Open 2023 Filing

Operations Trend

Revenue Growth39th percentile

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 2023: $56,726Expenses 2023: $67,176Net Income 2023: -$10,4502023Revenue 2024: $77,092Expenses 2024: $92,471Net Income 2024: -$15,3792024

Highlighted filing

2023

Revenue$56,726
Expenses$67,176
Net Income-$10,450
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$56,726
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.

Food pantry, clothes depot and instructional classes.

Program Services

DescriptionGrantsExpenses
FOOD PANTRY AND CLOTHES DEPOT$6,715$40,490
INSTRUCTIONAL PROGRAMS$236$945
CLOTHING DEPOT-$615
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM L OTTTreasurer-$0--
PAMELA QUINNChair-$0--
SHERRY MEYERBoard Secretary-$0--
LENNY BECKERVice Chari-$0--
CAROLE STERNAMANExecutive DirectorPT$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
2024-11-11
Discuss with paid preparer
No

Preparer

Firm
Hrb Tax Group Inc
Address
1301 MAIN ST STE 101B, KANSAS CITY, MO 64105
Preparer
Mary Brinks
Phone
8004725625
Supplemental Narrative

Additional Explanations

Part 1 Line 16 Other Expenses

“Advertising and promotion-$420, program costs $42,050”

Part 1 Line 16 Other Expenses

“Non investment depreciation - $1976, admin costs-$2,536”

Part II Line 24 Other Assets

“GRANT RECEIVABLE 1500”

Part II Line 24 Other Assets

“Equipmentbeg yr -$1190 end of yr-$3305”

Part II Line 24 Other Assets

“Less depreciation beg of yr-($172) end of yr($622)”

Part II Line 24, Other Assets

“Operating lease - beg yr $39,517 end of yr $39,517”

Part II, Line 24 Other Assets

“Less accum depreciation beg yr ($4054) end of yr ($12,723)”

Part II Line 24 Other Assets

“Total beg yr $37,981 end of yr $29,477”

Part II Line 26 Other Liabilities

“Account payable and accrued exp beg yr-$2,378 end of yr$2,098”

Part II Line 26, Other Liabilities

“Deferred revenue beg yr $3,978, end of yr - $1,028”

Part II Line 26 Other Liabilities

“Operating lease beg yr - $24,663 end of yr-$25,994”

Part II Line 26 Other Liabilities

“Total beg yr-$41,019 end yr- $29,120”

Raw XML Appendix161 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/PersonNm0WILLIAM L OTT
IRS990EZ/BooksInCareOfDetail/PhoneNum02693703045
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06225 LAKEWOOD POINTE DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Coloma
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd049038
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt088789
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt076470
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-10450
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02950
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0132764
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0110415
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt056726
IRS990EZ/InvestmentIncomeAmt02485
IRS990EZ/LandAndBuildingsGrp/BOYAmt05994
IRS990EZ/LandAndBuildingsGrp/EOYAmt04468
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt091745
IRS990EZ/NetAssetsOrFundBalancesEOYAmt081295
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt091745
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt081295
IRS990EZ/OccupancyRentUtltsAndMaintAmt017244
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt420.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILLIAM L OTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAMELA QUINN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SHERRY MEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LENNY BECKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CAROLE STERNAMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE CHARI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt037981
IRS990EZ/OtherAssetsTotalDetail/EOYAmt029477
IRS990EZ/OtherExpensesTotalAmt046982
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FOOD PANTRY, CLOTHES DEPOT AND INSTRUCTIONAL CLASSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FOOD PANTRY AND CLOTHES DEPOT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CLOTHING DEPOT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2INSTRUCTIONAL PROGRAMS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt06715
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt1236
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt040490
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1615
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2945
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt041019
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt029120
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt067176
IRS990EZ/TotalProgramServiceExpensesAmt042050
IRS990EZ/TotalRevenueAmt056726
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt054241
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt058867
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt051146
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0164254
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02577
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0164254
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt054241
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt058867
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt051146
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0164254
IRS990ScheduleA/TotalSupportAmt0164254
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/ExplanationTxt0ADVERTISING AND PROMOTION-$420, PROGRAM COSTS $42,050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NON INVESTMENT DEPRECIATION - $1976, ADMIN COSTS-$2,536
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRANT RECEIVABLE 1500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EQUIPMENTBEG YR -$1190 END OF YR-$3305
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LESS DEPRECIATION BEG OF YR-($172) END OF YR($622)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OPERATING LEASE - BEG YR $39,517 END OF YR $39,517
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LESS ACCUM DEPRECIATION BEG YR ($4054) END OF YR ($12,723)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TOTAL BEG YR $37,981 END OF YR $29,477
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACCOUNT PAYABLE AND ACCRUED EXP BEG YR-$2,378 END OF YR$2,098
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DEFERRED REVENUE BEG YR $3,978, END OF YR - $1,028
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10OPERATING LEASE BEG YR - $24,663 END OF YR-$25,994
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TOTAL BEG YR-$41,019 END YR- $29,120
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART 1 LINE 16 OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART 1 LINE 16 OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART II LINE 24 OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART II LINE 24 OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART II LINE 24 OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART II LINE 24, OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART II, LINE 24 OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART II LINE 24 OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART II LINE 26 OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9PART II LINE 26, OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10PART II LINE 26 OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11PART II LINE 26 OTHER LIABILITIES
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM OTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02692026050
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HRB TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01301 MAIN ST STE 101B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064105
ReturnHeader/PreparerPersonGrp/PhoneNum08004725625
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mary Brinks
ReturnHeader/ReturnTs02024-11-07T19:48:28Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$110,415
Liabilities
$29,120
Net assets
$81,295
Revenue
$56,726
Expenses
$67,176
Net income
-$10,450
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.08$0.20$0.88$0.77$0.92$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.29$0.81$0.57$0.67$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.41$0.92$0.59$0.49$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.02$0.82$0.54$0.41$0.13