Civic Intelligence

Cultivating Hope Foundation Inc.

EIN 81-4978663 • 501(c)3 • Newark, NJ

Pub. 78 Eligible990-N CoverageNTEE P30

Profile

To inspire dreams in disadvantaged teens by taking them on business trips to meet leaders. Exposing them to different industries and companies. Building relationships that will build mentoring and coaching opportunities for a lifetime.

243 Broadway 9188Newark, NJ 07104

www.cultivatinghopefoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

84th percentile

59%

Higher net margin than 84% of similar nonprofits.

NTEE P30 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

NTEE P30 • <$500k nonprofits • Source year 2024

Asset Growth

81st percentile

54%

Faster asset growth than 81% of similar nonprofits.

NTEE P30 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

39%

Faster revenue growth than 74% of similar nonprofits.

NTEE P30 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$227,300

Up $79,383 (+54%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$227,300

Up $79,383 (+54%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin84th percentile

Revenue

Up

$135,024

Up $38,132 (+39%) from 2023

Expenses

Up

$55,641

Up $10,928 (+24%) from 2023

Net Income

Up

$79,383

Up $27,204 (+52%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2023: $147,917Net Assets 2023: $147,9172023Assets 2024: $227,300Net Assets 2024: $227,3002024

Highlighted filing

2024

Assets$227,300
Liabilities-
Net Assets$227,300
Open 2024 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2023: $96,892Expenses 2023: $44,713Net Income 2023: $52,1792023Revenue 2024: $135,024Expenses 2024: $55,641Net Income 2024: $79,3832024

Highlighted filing

2024

Revenue$135,024
Expenses$55,641
Net Income$79,383
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$227,300
Liabilities
-
Net assets
$227,300
Revenue
$135,024
Expenses
$55,641
Net income
$79,383
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.27$2.27$1.35$0.56$0.79
2023Detailed filing. Detailed filing data is available for this year.$1.48$1.48$0.97$0.45$0.52
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Dec 1, 2025
Return Version
2024v5.2
Gross Receipts
$135,024
Mission and Program Overview

Mission

To inspire dreams in disadvantaged teens by taking them on business trips to meet leaders. Exposing them to different industries and companies. Building relationships that will build mentoring and coaching opportunities for a lifetime.

Program Services

DescriptionGrantsExpenses
Student trips exposing students to various company and industry leaders.-$55,572
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alan BronowiczPresident & CFOPT$0--
Steve DouglassDirectorPT$0--
Brian GoesslingDirector-$0--
Filing and Contact Details

Filer

Filer Name
Cultivating Hope Foundation Inc
EIN
81-4978663
Phone
4242302927
Address
243 Broadway 9188, Newark, NJ 07104

Signing Officer

Name
Alan Bronowicz
Title
President & CFO
Signed
2025-12-01
Discuss with paid preparer
Yes

Preparer

Firm
Allegent Group LLP CPAs & Bus Advisors
Address
5959 Topanga Canyon Blvd Ste 370, Woodland Hills, CA 91367
Preparer
Brad C Polak
Phone
8187030807
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $136”

Other Expenses.1002

“Office Expenses $122”

Other Expenses.1005

“Travel $6670”

Other Expenses.1

“Student trips $34434”

Other Expenses.2

“Contract services $10784”

Other Expenses.4

“Software $810”

Other Expenses.6

“Bank fees $8”

Raw XML Appendix141 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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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007104
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt055572
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt0135024
IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0232442
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0232442
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt097418
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contract services $10784
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Software $810
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank fees $8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
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ReturnHeader/Filer/PhoneNum04242302927
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRAD C POLAK
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ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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