Civic Intelligence

Hope Ventures Inc.

990EZ • Fiscal year 2020 • EIN 81-4389154

Apr 01, 2019 to Mar 31, 2020 • Filed on Jul 05, 2020

Organization Profilehopeventures.org
836 Santa BarbaraPasadena, CA 91101

(626) 678-1980

Siviq Scores

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

Liabilities / Assets

71st percentile

0.06x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

29th percentile

-8.9%

Higher net margin than 29% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

90th percentile

$43,692

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 41.1% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

12th percentile

-37%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

59%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$23,454

Down $13,615 (-37%) from 2019

Net Assets

$22,138

No earlier filing loaded for comparison.

Liabilities

Down

$1,316

Down $4,175 (-76%) from 2019

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin29th percentile

Revenue

Up

$106,402

Up $39,646 (+59%) from 2019

Expenses

Up

$115,842

Up $69,893 (+152%) from 2019

Net Income

Down

-$9,440

Down $30,247 (-145%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$200K$150K$100K$50K$0Assets 2019: $37,069Liabilities 2019: $5,4912019Assets 2020: $23,454Liabilities 2020: $1,316Net Assets 2020: $22,1382020Assets 2021: $84,099Liabilities 2021: $7,687Net Assets 2021: $76,4122021Assets 2022: $170,040Liabilities 2022: $6,521Net Assets 2022: $163,5192022Assets 2023: $172,708Liabilities 2023: $5,074Net Assets 2023: $167,6342023Assets 2024: $109,576Liabilities 2024: $11,333Net Assets 2024: $98,2432024

Highlighted filing

2020

Assets$23,454
Liabilities$1,316
Net Assets$22,138
Open 2020 Filing

Operations Trend

Revenue Growth89th percentile

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

$300K$200K$100K$0-$100KRevenue 2019: $66,756Expenses 2019: $45,949Net Income 2019: $20,8072019Revenue 2020: $106,402Expenses 2020: $115,842Net Income 2020: -$9,4402020Revenue 2021: $174,647Expenses 2021: $134,815Net Income 2021: $39,8322021Revenue 2022: $248,957Expenses 2022: $161,850Net Income 2022: $87,1072022Revenue 2023: $264,756Expenses 2023: $260,641Net Income 2023: $4,1152023Revenue 2024: $216,685Expenses 2024: $286,076Net Income 2024: -$69,3912024

Highlighted filing

2020

Revenue$106,402
Expenses$115,842
Net Income-$9,440
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Jul 5, 2020
Return Version
2019v5.0
Gross Receipts
$106,402
Mission and Program Overview

Mission

Hope ventures trains organization around the world to raise up thriving businesses in underserved communities.

Cultivating communities that thrive

Program Services

DescriptionGrantsExpenses
Impact Coaching - Hope Ventures coached 15 individuals and 3 groups in a variety ofways towards increased community impact and sustainable expression of care for theirlocal communities.$102,793-
The Haiti Entrepreneur Project served impoverished communities in Port Au Princethrough the launch of a business incubator program. In this initial pilot, Hope Ventures worked with key local stakeholders to design and facilitate a culturally appropriate business startup and mentoring program. 14 Haitian business mentors were trained along with 33 entrepreneurs to grow sustainable businesses moving people from aid to enterprise as a source of livelihood. A self-sustaining structure was set in place to provide ongoing mentoring and business training as needed.$7,179-
The Quito Entrepreneur Project served local impoverished communities in Ecuadorthrough the launch of a business incubator program. In this initial pilot, Hope Ventures worked with key local stakeholders to design and facilitate a culturally appropriate business startup and mentoring program. 25 Haitian business mentors were trained along with 36 entrepreneurs to grow sustainable businesses moving people from aid to enterprise as a source of livelihood. A self-sustaining structure was set in place to provide ongoing mentoring and business training as needed.$4,342-
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark Edgar-GoeserPresident-$43,692-$43,692
Kim NovakSecretary-$0--
Jane SomersTreasurer-$0--
Laurie CornellBoard Member-$0--
Ron RegenstreifBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Hope Ventures Inc
EIN
81-4389154
Phone
6266781980
Address
836 Santa Barbara, Pasadena, CA 91101

Signing Officer

Name
Mark Edgar-Goeser
Title
President
Signed
2020-07-05
Discuss with paid preparer
Yes

Preparer

Firm
J D & Company
Address
5150 E La Palma Ave Suite 207, Anaheim, CA 92807
Preparer
Julie L Davis
Phone
7144205603
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $1620”

Other Expenses.1002

“Office Expenses $5198”

Other Expenses.1003

“Information Technology $3874”

Other Expenses.1005

“Travel $8137”

Other Expenses.1012

“Insurance $1301”

Other Expenses.1

“Haiti Projects expense $7179”

Other Expenses.2

“Quito Project expense $4342”

Other Expenses.3

“Education, training & dev $3462”

Other Expenses.4

“Merchant Fees $2072”

Other Expenses.5

“Meals and Entertainment $900”

Other Expenses.7

“Events workshop $106”

Other Expenses.8

“Bank charges $34”

Other Expenses.9

“Books and Materials $20”

Total Liabilities.1

“Accrued Expenses - Beginning $5491 Accrued Expenses - Ending $1316”

Raw XML Appendix175 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.

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ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Mark Edgar-Goeser
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-05
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ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0814389154
ReturnHeader/Filer/PhoneNum06266781980
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-07-05T15:38:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-04-01
ReturnHeader/TaxPeriodEndDt02020-03-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,454
Liabilities
$1,316
Net assets
$22,138
Revenue
$106,402
Expenses
$115,842
Net income
-$9,440
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.10$0.11$0.98$2.17$2.86$0.69
2023Detailed filing. Detailed filing data is available for this year.$1.73$0.05$1.68$2.65$2.61$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.70$0.07$1.64$2.49$1.62$0.87
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.08$0.76$1.75$1.35$0.40
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.01$0.22$1.06$1.16$0.09
2019Summary only. Only limited summary data is available for this year.$0.37$0.05$0.67$0.46$0.21