Civic Intelligence

Restore Hope Resources Inc

990EZ • Fiscal year 2019 • EIN 82-0637886

Jan 01, 2019 to Dec 31, 2019 • Filed on Dec 07, 2022

134 North Ridgewood Drive Ste 6Sebring, FL 33870

(863) 451-2997

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

60th percentile

8.3%

Higher net margin than 60% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

94th percentile

$58,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 35.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

89th percentile

80%

Faster asset growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

55th percentile

4.2%

Faster revenue growth than 55% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$29,783

Up $13,276 (+80%) from 2018

Net Assets

$29,783

No earlier filing loaded for comparison.

Liabilities

Down

$0

Down $538 (-100%) from 2018

Revenue

Up

$165,500

Up $6,665 (+4.2%) from 2018

Expenses

Up

$151,686

Up $8,820 (+6.2%) from 2018

Net Income

Down

$13,814

Down $2,155 (-13%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2017: $1Liabilities 2017: $02017Assets 2018: $16,507Liabilities 2018: $5382018Assets 2019: $29,783Liabilities 2019: $0Net Assets 2019: $29,7832019Assets 2020: $125,945Liabilities 2020: $0Net Assets 2020: $125,9452020Assets 2021: $129,838Liabilities 2021: $0Net Assets 2021: $129,8382021Assets 2022: $82,868Liabilities 2022: $172Net Assets 2022: $82,6962022Assets 2023: $67,769Liabilities 2023: $528Net Assets 2023: $67,2412023Assets 2024: $68,990Liabilities 2024: $691Net Assets 2024: $68,2992024Assets 2025: $89,433Liabilities 2025: $691Net Assets 2025: $88,7422025

Highlighted filing

2019

Assets$29,783
Liabilities$0
Net Assets$29,783

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $5,531Expenses 2017: $5,531Net Income 2017: $02017Revenue 2018: $158,835Expenses 2018: $142,866Net Income 2018: $15,9692018Revenue 2019: $165,500Expenses 2019: $151,686Net Income 2019: $13,8142019Revenue 2020: $373,706Expenses 2020: $277,544Net Income 2020: $96,1622020Revenue 2021: $392,605Expenses 2021: $388,712Net Income 2021: $3,8932021Revenue 2022: $360,318Expenses 2022: $407,460Net Income 2022: -$47,1422022Revenue 2023: $343,559Expenses 2023: $329,020Net Income 2023: $14,5392023Revenue 2024: $393,153Expenses 2024: $392,095Net Income 2024: $1,0582024Revenue 2025: $517,288Expenses 2025: $496,845Net Income 2025: $20,4432025

Highlighted filing

2019

Revenue$165,500
Expenses$151,686
Net Income$13,814
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Dec 7, 2022
Return Version
2019v5.0
Gross Receipts
$165,500
Mission and Program Overview

Mission

The purpose of restore hope resources is to assist jobless, disabled, homeless, unemployed, long-term unemployed and those generally in need with resources, such as job search preparation, employment placement, career training, job readiness training, resume writing, and interviewing, as well as tangible resources such as food, back to work clothes, referrals for housing, and job placement.

The purpose of Restore Hope Resources is to assist jobless, disabled, homeless, unemployed, long-term unemployed and those generally in need with resources, such as job search preparation, employment placement, career training, job readiness training, resume writing, and interviewing, as well as tangible resources such as food, back to work clothes, referrals for housing and job placement. In addition to job placement, supported employment and hot meals, we will run a retail e-commerce online store to sell retail goods to the general public and train disabled workers in job skills, such as customer service, retail and e-commerce. We will purchase and sell goods in accordance to benefit job skills training and donate work clothing and goods to disabled workers and those in need of clothing and supplies to become self sufficient.

Program Services

DescriptionGrantsExpenses
Restore Hope Resources served approximately 100 disabled youth and adults to help place them in employment and job training programs throughout the year. Program services are very intensive and covers, building relationships with employers, customer program intake planning, initial intake reporting paperwork (10-15 pgs each), intake meetings and case planning, case management, reporting for the state, job search preparation, interviewing techniques, salary strategies, cover letters, resumes, job search assistance, job search applications, interviewing scheduling, interview attendance, interview follow up, on boarding paperwork, on the job training, job shadowing, employer follow up, weekly/daily meetings with all participants to keep job procurement sable, implementation of job supports/job accommodations, follow up with employers, families, customer and state officials, all billing submission (each grant takes rigorous documentation and a 5 steps for each billing process), reporting on each function that we completed in the case reporting system, on the job training program facilitation and more. We serve both regular disabled customers, supported employment customers (more severely disabled) and youth and elderly customers. All steps of the program implementation are hugely labor intensive and time consuming. Executives Robert Meier and Marisa Meier do most of the work with 40-60 hour work weeks each (work on weekends and off hours and on call as needed for customers with job issues that need to be resolved on the spot). New Programs Implemented this Year: Florida Department of Vocational Rehabilitation Management made known to us at vendor/contractor meetings and events that they were desperately in need of vendors to conduct On The Job Training programs for youth and adults. This one service was highly lacking in the community and programs so they wanted contractors such as Restore Hope Resources to assist with these services. We started developing this program by meeting with different vocational rehabilitation offices, scheduling presentations to VR counselors, calling employers and setting up meetings with employers. We developed payroll system and all policies and procedures with this service offering that needed to be developed. Marisa as the SVP of Operations headed up this program and all steps of program implementation, reporting, outcomes and scheduled all meetings with VR and employers. We will continued regular Vocational Rehabilitation job placements and services as well as fully developed this on the job training program this year.$0$149,686
Hot Meals for Homeless - Hot prepared meals served weekly for homeless individuals in Williams Park, in St. Petersburg, FL.$0$2,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert MeierPresidentFT$58,000-$58,000
Marisa MeierSVP OperationsFT$58,000-$58,000
David ReisingerOfficer-$0--
Filing and Contact Details

Filer

Filer Name
Restore Hope Resources Inc
EIN
82-0637886
Phone
8634512997
Address
134 North Ridgewood Drive Ste 6, Sebring, FL 33870

Signing Officer

Name
Robert Meier
Title
President
Phone
8634512997
Signed
2022-12-07
Discuss with paid preparer
Yes

Preparer

Firm
Adam Baker CPA
Address
32508 Turkey Loop, Underwood, MN 56586
Preparer
Adam Baker
Phone
3177482640
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Grant to Other 501c3

Form 990-EZ, Part I, Line 16

Payroll Taxes - $12,338; Operating Supplies - $3,123; Automobile Expense - $1,732; Training and Education - $850; Payroll Processing - $602; Office Supplies - $767; Background Screening - $280; Postage - $51

Raw XML Appendix162 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/PrimaryExemptPurposeTxt0The purpose of Restore Hope Resources is to assist jobless, disabled, homeless, unemployed, long-term unemployed and those generally in need with resources, such as job search preparation, employment placement, career training, job readiness training, resume writing, and interviewing, as well as tangible resources such as food, back to work clothes, referrals for housing and job placement. In addition to job placement, supported employment and hot meals, we will run a retail e-commerce online store to sell retail goods to the general public and train disabled workers in job skills, such as customer service, retail and e-commerce. We will purchase and sell goods in accordance to benefit job skills training and donate work clothing and goods to disabled workers and those in need of clothing and supplies to become self sufficient.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Restore Hope Resources served approximately 100 disabled youth and adults to help place them in employment and job training programs throughout the year. Program services are very intensive and covers, building relationships with employers, customer program intake planning, initial intake reporting paperwork (10-15 pgs each), intake meetings and case planning, case management, reporting for the state, job search preparation, interviewing techniques, salary strategies, cover letters, resumes, job search assistance, job search applications, interviewing scheduling, interview attendance, interview follow up, on boarding paperwork, on the job training, job shadowing, employer follow up, weekly/daily meetings with all participants to keep job procurement sable, implementation of job supports/job accommodations, follow up with employers, families, customer and state officials, all billing submission (each grant takes rigorous documentation and a 5 steps for each billing process), reporting on each function that we completed in the case reporting system, on the job training program facilitation and more. We serve both regular disabled customers, supported employment customers (more severely disabled) and youth and elderly customers. All steps of the program implementation are hugely labor intensive and time consuming. Executives Robert Meier and Marisa Meier do most of the work with 40-60 hour work weeks each (work on weekends and off hours and on call as needed for customers with job issues that need to be resolved on the spot). New Programs Implemented this Year: Florida Department of Vocational Rehabilitation Management made known to us at vendor/contractor meetings and events that they were desperately in need of vendors to conduct On The Job Training programs for youth and adults. This one service was highly lacking in the community and programs so they wanted contractors such as Restore Hope Resources to assist with these services. We started developing this program by meeting with different vocational rehabilitation offices, scheduling presentations to VR counselors, calling employers and setting up meetings with employers. We developed payroll system and all policies and procedures with this service offering that needed to be developed. Marisa as the SVP of Operations headed up this program and all steps of program implementation, reporting, outcomes and scheduled all meetings with VR and employers. We will continued regular Vocational Rehabilitation job placements and services as well as fully developed this on the job training program this year.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Payroll Taxes - $12,338; Operating Supplies - $3,123; Automobile Expense - $1,732; Training and Education - $850; Payroll Processing - $602; Office Supplies - $767; Background Screening - $280; Postage - $51
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ReasonableCauseExplanation/ExplanationTxt0The 2017-2019 990 EZ's were filled out, in 2020, by Restore Hope Resources then CPA, in conjunction with getting their 501c3 status reinstated. While status was ultimately reinstated, it has been discovered that the CPA completed the 990 EZ's, but failed signed off on, nor submit the 990 EZ's for 2017-2019. We are in the process of submitting all three.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Robert Meier
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08634512997
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-12-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RESTORE HOPE RESOURCES INC
ReturnHeader/Filer/BusinessNameControlTxt0REST
ReturnHeader/Filer/EIN0820637886
ReturnHeader/Filer/PhoneNum08634512997
ReturnHeader/Filer/USAddress/AddressLine1Txt0134 North Ridgewood Drive Ste 6
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Adam Baker CPA
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ReturnHeader/PreparerPersonGrp/PhoneNum03177482640
ReturnHeader/PreparerPersonGrp/PreparationDt02022-12-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Adam Baker
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-12-08T12:57:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings