Civic Intelligence

Hatikva Project Us Inc.

990 • Fiscal year 2019 • EIN 81-5051982

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 26, 2020

13105 W 69th StShawnee, KS 66216

(913) 735-5067

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

28th percentile

-4.4%

Higher net margin than 28% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

39th percentile

$21,000

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

2nd percentile

-40%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

37th percentile

-0.8%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$67,110

Down $45,130 (-40%) from 2018

Net Assets

Down

$67,110

Down $45,130 (-40%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$1,019,600

Down $8,000 (-0.8%) from 2018

Expenses

Up

$1,064,730

Up $106,795 (+11%) from 2018

Net Income

Down

-$45,130

Down $114,795 (-165%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2017: $42,575Liabilities 2017: $0Net Assets 2017: $42,5752017Assets 2018: $112,240Liabilities 2018: $0Net Assets 2018: $112,2402018Assets 2019: $67,110Liabilities 2019: $0Net Assets 2019: $67,1102019Assets 2020: $228,259Liabilities 2020: $0Net Assets 2020: $228,2592020Assets 2021: $76,499Liabilities 2021: $7,134Net Assets 2021: $69,3652021Assets 2022: $106,141Liabilities 2022: $4,942Net Assets 2022: $101,1992022Assets 2023: $212,341Liabilities 2023: $84Net Assets 2023: $212,2572023Assets 2024: $177,934Liabilities 2024: $4,695Net Assets 2024: $173,2392024

Highlighted filing

2019

Assets$67,110
Liabilities$0
Net Assets$67,110

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2017: $674,042Expenses 2017: $631,467Net Income 2017: $42,5752017Revenue 2018: $1,027,600Expenses 2018: $957,935Net Income 2018: $69,6652018Revenue 2019: $1,019,600Expenses 2019: $1,064,730Net Income 2019: -$45,1302019Revenue 2020: $1,667,610Expenses 2020: $1,506,461Net Income 2020: $161,1492020Revenue 2021: $1,302,256Expenses 2021: $1,461,250Net Income 2021: -$158,9942021Revenue 2022: $1,485,437Expenses 2022: $1,453,603Net Income 2022: $31,8342022Revenue 2023: $1,372,447Expenses 2023: $1,261,389Net Income 2023: $111,0582023Revenue 2024: $1,618,303Expenses 2024: $1,657,321Net Income 2024: -$39,0182024

Highlighted filing

2019

Revenue$1,019,600
Expenses$1,064,730
Net Income-$45,130
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 26, 2020
Return Version
2019v5.1
Gross Receipts
$1,019,600
Mission and Program Overview

Mission

Exists to see the israeli body of messiah built up and to serve needy israelis in the name of yeshua as we fulfill his commandment to "love your neighbor as yourself." through hatikva project, people everywhere have an opportunity to meet the needs of israeli--see schedule o- believers in financial crisis, to provide high quality, subsidized dental care to all of israel, and to promote and facilitate adoption and foster care.

Exists to see the israeli body of messiah built up and to serve needy israelis-see schedule o- in the name of yeshua as we fulfill his commandment to "love your neighbor as yourself." through hatikva project, people everywhere have an opportunity to meet the needs of israeli believers in financial crisis, to provide high quality, subsidized dental care to all of israel, and to promote and facilitate adoption and foster care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$31,668$44,059▲ $12,391
Cash and Non-Interest-Bearing Accounts$78,967$21,894▼ $57,073
Land, Buildings, and Equipment, Net$1,605$1,157▼ $448
Total Assets$112,240$67,110▼ $45,130
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$102,240$67,110▼ $35,130
Net Assets With Donor Restrictions$10,000$0▼ $10,000
Total Net Assets Fund Balance$112,240$67,110▼ $45,130
Total Liabilities and Net Assets / Fund Balance$112,240$67,110▼ $45,130

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,157$1,082$2,239
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Evan M LevineSecretaryPT$21,000$21,000

Board Members and Trustees

NameTitle
Troy WallacePresident
Tom BlakeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,019,600
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,019,600
Change in Net Assets
$-45,130

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,019,600
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,019,600
Total Revenue per Form 990
$1,019,600
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$985,000
Other Expenses$57,124
Salaries, Compensation, and Employee Benefits$22,606
Total Fundraising Expense$8,249
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$985,000--$985,000
Current Officers, Directors, Trustees, and Key Employees$10,500$8,400$2,100$21,000
Fees for Services Other$16,500--$16,500
Fees for Services Accounting-$13,080-$13,080
Advertising$5,822-$5,821$11,643
Office Expenses$9,715$1,425$146$11,286
Travel$2,817--$2,817
Payroll Taxes$803$643$160$1,606
Conferences and Meetings$1,350--$1,350
Depreciation Depletion$381$45$22$448
Total Functional Expenses$1,032,888$23,593$8,249$1,064,730

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,064,730
Total Expenses per Audited Statements$1,064,730
Total Expenses per Form 990$1,064,730
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
1
Spending
$1,006,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Program ServicesGrants for Aide to the Poor & Christian Ministry01$1,006,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the board. The full board of directors will be provided a copy of the tax return with the opportunity to make comments and ask questions prior to the form being submitted.

Form 990, Part VI, Section B, Line 12C

The organization requires all conflicts of interest to be reported in a timely fashion and that the board member, officer, or key employee in question recuse themselves prior to any vote or discussion on the matter.

Form 990, Part VI, Section B, Line 15

The organization's board of directors sets the compensation of officers. The officer is not part of the compensation determination process and is not present during any discussions. The compensation is set at below fair market value. The compensation determination is documented in an agreement.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon receipt of written request.

Filing and Contact Details

Filer

Filer Name
Hatikva Project US Inc
EIN
81-5051982
Phone
9137355067
Address
13105 W 69TH ST, SHAWNEE, KS 66216

Signing Officer

Name
Evan Levine
Title
Secretary
Phone
9137355067
Signed
2020-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Troy Wallace
Formed
2017
Legal Domicile
Ks
Voting Board Members
3
Independent Board Members
2
Employees
1
Volunteers
3

Preparer

Firm
Keller & Owens LLC
Address
10955 LOWELL AVE STE 800, OVERLAND PARK, KS 66210
Preparer
Rhonda L Carlson CPA
Phone
9133383500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization's policy with regard to fasb asc 740-10 is to record a liability for any tax position that is beneficial to the organization, including any related interest and penalties, when it is more likely than not the position taken by management with respect to the transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of december 31, 2019, and, accordingly, no liability has been accrued.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S POLICY WITH REGARD TO FASB ASC 740-10 IS TO RECORD A LIABILITY FOR ANY TAX POSITION THAT IS BENEFICIAL TO THE ORGANIZATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO THE TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2019, AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED.
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IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0985000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0AID TO ISRAELI BELIEVERS; FACILITATION OF DENTAL CARE FOR THE NEEDY; TRAINING, COUNSELING AND FINANCIAL SUPPORT OF ADOPTIVE AND FOSTER FAMILIES; LOGISTIC SUPPORT OF SUPPORT PROGRAMS FOR AT-RISK CHILDREN.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT,
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt01006000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A CLOSE WORKING RELATIONSHIP WITH THE PRIMARY GRANTEE. THE ORGANIZATION MONITORS THE ORGANIZATION AND THE USE OF ANY GRANTED FUNDS.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1THE TRANSFERS REFERENCED IN THIS QUESTION RELATE TO THE GRANTS LISTED IN PART II OF SCHEDULE F. FORM 926 IS NOT REQUIRED FOR THESE TRANSACTIONS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III ACCOUNTING METHOD:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, SCHEDULE F, PART IV, #1
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt00
IRS990ScheduleF/TotalSpentAmt01006000
IRS990ScheduleF/TransferToForeignCorpInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE BOARD. THE FULL BOARD OF DIRECTORS WILL BE PROVIDED A COPY OF THE TAX RETURN WITH THE OPPORTUNITY TO MAKE COMMENTS AND ASK QUESTIONS PRIOR TO THE FORM BEING SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES ALL CONFLICTS OF INTEREST TO BE REPORTED IN A TIMELY FASHION AND THAT THE BOARD MEMBER, OFFICER, OR KEY EMPLOYEE IN QUESTION RECUSE THEMSELVES PRIOR TO ANY VOTE OR DISCUSSION ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S BOARD OF DIRECTORS SETS THE COMPENSATION OF OFFICERS. THE OFFICER IS NOT PART OF THE COMPENSATION DETERMINATION PROCESS AND IS NOT PRESENT DURING ANY DISCUSSIONS. THE COMPENSATION IS SET AT BELOW FAIR MARKET VALUE. THE COMPENSATION DETERMINATION IS DOCUMENTED IN AN AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON RECEIPT OF WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0112240
IRS990/TotalAssetsEOYAmt067110
IRS990/TotalAssetsGrp/BOYAmt0112240
IRS990/TotalAssetsGrp/EOYAmt067110
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01019600
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08249
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023593
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01032888
IRS990/TotalFunctionalExpensesGrp/TotalAmt01064730
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0112240
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt067110
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01032888
IRS990/TotalReportableCompFromOrgAmt021000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01019600
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0112240
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt067110
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt02817
IRS990/TravelGrp/TotalAmt02817
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013105 W 69TH ST
IRS990/USAddress/CityNm0SHAWNEE
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd066216
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0HATIKVAPROJECT.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EVAN LEVINE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum09137355067
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HATIKVA PROJECT US INC
ReturnHeader/Filer/BusinessNameControlTxt0HATI
ReturnHeader/Filer/EIN0815051982
ReturnHeader/Filer/PhoneNum09137355067
ReturnHeader/Filer/USAddress/AddressLine1Txt013105 W 69TH ST
ReturnHeader/Filer/USAddress/CityNm0SHAWNEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd066216
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0750E012EA0189BEABC478CDB97A3F60BEF5AC44D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0192.155.75.154
ReturnHeader/FilingSecurityInformation/IPDt02020-06-26
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:04:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0481195228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KELLER & OWENS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010955 LOWELL AVE STE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OVERLAND PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd066210
ReturnHeader/PreparerPersonGrp/PhoneNum09133383500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RHONDA L CARLSON CPA
ReturnHeader/ReturnTs02020-07-14T13:39:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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