Civic Intelligence

Leadership Hoover

990EZ • Fiscal year 2017 • EIN 82-2218918

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 25, 2020

2020 Valleydale Rd Ste 207Hoover, AL 35244

(205) 541-6864

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$12,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$81,299

No earlier filing loaded for comparison.

Net Assets

$81,299

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$115,400

No earlier filing loaded for comparison.

Expenses

$34,101

No earlier filing loaded for comparison.

Net Income

$81,299

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2017: $81,299Liabilities 2017: $0Net Assets 2017: $81,2992017Assets 2018: $44,748Liabilities 2018: $0Net Assets 2018: $44,7482018Assets 2019: $44,718Liabilities 2019: $0Net Assets 2019: $44,7182019Assets 2020: $65,325Liabilities 2020: $0Net Assets 2020: $65,3252020Assets 2021: $73,842Liabilities 2021: $0Net Assets 2021: $73,8422021Assets 2022: $65,770Liabilities 2022: $0Net Assets 2022: $65,7702022Assets 2023: $61,783Liabilities 2023: $0Net Assets 2023: $61,7832023Assets 2024: $31,817Net Assets 2024: $31,8172024

Highlighted filing

2017

Assets$81,299
Liabilities$0
Net Assets$81,299

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2017: $115,400Expenses 2017: $34,101Net Income 2017: $81,2992017Revenue 2018: $43,740Expenses 2018: $80,291Net Income 2018: -$36,5512018Revenue 2019: $70,247Expenses 2019: $70,277Net Income 2019: -$302019Revenue 2020: $81,977Expenses 2020: $61,370Net Income 2020: $20,6072020Revenue 2021: $84,978Expenses 2021: $76,461Net Income 2021: $8,5172021Revenue 2022: $57,217Expenses 2022: $65,289Net Income 2022: -$8,0722022Revenue 2023: $68,836Expenses 2023: $72,823Net Income 2023: -$3,9872023Revenue 2024: $63,900Expenses 2024: $93,869Net Income 2024: -$29,9692024

Highlighted filing

2017

Revenue$115,400
Expenses$34,101
Net Income$81,299
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 25, 2020
Return Version
2017v2.3
Gross Receipts
$115,400
Mission and Program Overview

Mission

Leadership hoover was organized to foster interest in and to promote leadership, educational, civic and social work in the city of hoover, alabama, to promote and foster the education and training of persons with leadership capabilities from various ethnic, occupational and economic segments of hoover for involvement in public and civic affairs, to establish channels of communication among community leaders from all parts of hoover and to carry on generally and exclusively charitable and educational enterprises related to leadership training and the development of community leaders.

Program Services

DescriptionGrantsExpenses
LEADERSHIP PROGRAMS TO EDUCATE AND DEVELOP A CLASS OF QUALIFIED, HIGHLIGHTED MOTIVATED INDIVIDUALS WHO ARE INTERESTED IN EXPANDING THEIR LEADERSHIP SKILLS, DEEPENING THEIR SENSE OF CIVIC RESPONSIBILITY, AND HELPING THEIR COMMUNITY AS A WHOLE WHILE LEARNING, FIRST-HAND, ABOUT THE ISSUES AND NEEDS WITHIN THE CITY OF HOOVER.$0$34,184
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE VESTExecutive DirectorPT$12,000-$12,000
JOE THOMASChairman-$0--
TYNETTE LYNCHVice-Chairman-$0--
PAUL DANGELSecretary/ Treasurer-$0--
MATTHEW ALLENBoard Member-$0--
KEVIN BENTLEYBoard Member-$0--
KEN KINGBoard Member-$0--
JEROME MORGANBoard Member-$0--
DERRICK MURPHYBoard Member-$0--
BILL POWELLBoard Member-$0--
LYNN RAYBoard Member-$0--
TERRY SHEABoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Leadership Hoover
EIN
82-2218918
Phone
2055416864
Address
2020 VALLEYDALE RD STE 207, HOOVER, AL 35244

Signing Officer

Name
Paul Dangel
Title
Secretary/ Treasurer
Phone
2054445730
Signed
2020-02-25
Discuss with paid preparer
Yes

Preparer

Firm
Sovereign CPA Group LLC
Address
TWO CHASE CORPORATE DRIVE STE 40, HOOVER, AL 35244
Preparer
Diana Shaw Knight CPA Cva
Phone
2052718506
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: meeting expense - monthly classes. Amount: 17,971. Description: merchant processing/ bank fees. Amount: 421. Description: travel. Amount: 135. Description: insurance. Amount: 1,393. Total to form 990-ez, line 16: 19,920.

Form 990EZ - Page 4 - Paid Preparer Signature Block

The individual (diana s. Knight, cpa/cva) and firm (sovereign cpa group, llc) signing the return as 'paid preparer' is a member of the board of directors of leadership hoover, beginning during the 2019 tax year. As such, no compensation has been or will be paid to the cpa/preparer of the form 990ez for the 2017 and subsequent tax years.

Raw XML Appendix211 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/PrimaryExemptPurposeTxt0LEADERSHIP HOOVER WAS ORGANIZED TO FOSTER INTEREST IN AND TO PROMOTE LEADERSHIP, EDUCATIONAL, CIVIC AND SOCIAL WORK IN THE CITY OF HOOVER, ALABAMA, TO PROMOTE AND FOSTER THE EDUCATION AND TRAINING OF PERSONS WITH LEADERSHIP CAPABILITIES FROM VARIOUS ETHNIC, OCCUPATIONAL AND ECONOMIC SEGMENTS OF HOOVER FOR INVOLVEMENT IN PUBLIC AND CIVIC AFFAIRS, TO ESTABLISH CHANNELS OF COMMUNICATION AMONG COMMUNITY LEADERS FROM ALL PARTS OF HOOVER AND TO CARRY ON GENERALLY AND EXCLUSIVELY CHARITABLE AND EDUCATIONAL ENTERPRISES RELATED TO LEADERSHIP TRAINING AND THE DEVELOPMENT OF COMMUNITY LEADERS.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LEADERSHIP PROGRAMS TO EDUCATE AND DEVELOP A CLASS OF QUALIFIED, HIGHLIGHTED MOTIVATED INDIVIDUALS WHO ARE INTERESTED IN EXPANDING THEIR LEADERSHIP SKILLS, DEEPENING THEIR SENSE OF CIVIC RESPONSIBILITY, AND HELPING THEIR COMMUNITY AS A WHOLE WHILE LEARNING, FIRST-HAND, ABOUT THE ISSUES AND NEEDS WITHIN THE CITY OF HOOVER.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE TAX YEAR ENDED 12/31/2017 WAS THE ORGANIZATION'S INITIAL YEAR, THEREFORE IT IS A SHORT YEAR, COVERING THE PERIOD 07/19/2017 - 12/31/2017.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, SHORT YEAR EXPLANATION:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MEETING EXPENSE - MONTHLY CLASSES. AMOUNT: 17,971. DESCRIPTION: MERCHANT PROCESSING/ BANK FEES. AMOUNT: 421. DESCRIPTION: TRAVEL. AMOUNT: 135. DESCRIPTION: INSURANCE. AMOUNT: 1,393. TOTAL TO FORM 990-EZ, LINE 16: 19,920.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE INDIVIDUAL (DIANA S. KNIGHT, CPA/CVA) AND FIRM (SOVEREIGN CPA GROUP, LLC) SIGNING THE RETURN AS 'PAID PREPARER' IS A MEMBER OF THE BOARD OF DIRECTORS OF LEADERSHIP HOOVER, BEGINNING DURING THE 2019 TAX YEAR. AS SUCH, NO COMPENSATION HAS BEEN OR WILL BE PAID TO THE CPA/PREPARER OF THE FORM 990EZ FOR THE 2017 AND SUBSEQUENT TAX YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ - PAGE 4 - PAID PREPARER SIGNATURE BLOCK
ReasonableCauseExplanation/ExplanationTxt0LEADERSHIP HOOVER ("LH") WAS FORMED IN JULY, 2017. ITS ORIGINAL EXECUTIVE DIRECTOR SERVED AS ED FROM SEPTEMBER 2017- MARCH 2018, WHEN A NEW ED WAS RETAINED, AND THEY SERVED AS CO-DIRECTORS UNTIL MAY 2018. THE NEW DIRECTOR TOOK SOLE OPERATIONAL CONTROL OF LH IN JUNE 2018. IN FEBRUARY, 2018, THE LAPTOP COMPUTER USED TO MAINTAIN ALL OF THE ORGANIZATION'S FINANCIAL, LEGAL AND OPERATIONAL DOCUMENTS WAS DESTROYED IN A FREAK ACCIDENT. (IT WAS PLACED ON (NOT IN) A VEHICLE, AND THE DRIVER DEPARTED, NOT REALIZING THAT IT WAS NOT SECURE IN THE VEHICLE. IT FELL OFF OF THE VEHICLE AND WAS COMPLETELY DESTROYED. UNFORTUNATELY, THE DATA ON THE DESTROYED COMPUTER HAD NOT BEEN BACKED UP.) THE NEW ED THEN HAD TO OBTAIN DUPLICATE RECORDS - FINANCIAL, BANKING, LEGAL AND OPERATIONAL -AND TRY TO RECREATE THE HISTORY OF THE FIRST NINE MONTHS OF OPERATION. BANK STATEMENTS WERE OBTAINED FROM THEIR BANK, AND AN ACCOUNTANT WAS RETAINED TO RECREATE THE BOOKS OF ACCOUNT.FINANCIAL RECORDS WERE RECREATED, UPDATED, AND IN AUGUST, 2019, LH'S FORM 1023, APPLICATION FOR RECOGNITION OF EXEMPTION, WAS SUBMITTED. ON SEPTEMBER 6, 2019, A FAVORABLE DETERMINATION LETTER WAS ISSUED BY THE IRS. HOWEVER, BY THE TIME THE RECORDS WERE RECREATED, THE 2017 AND 2018 COMPLIANCE DUE DATES HAD PASSED AND EXTENSIONS HAD NOT BEEN REQUESTED.IN JANUARY, 2020, LH'S ACCOUNTANT SUBMITTED LH'S 2019 FORM 990N, AND THIS WAS REPORTED TO THE BOARD AT ITS JANUARY 2020 MEETING. THE BOARD THEN ASKED ABOUT 2017 AND 2018 ANNUAL FILINGS, AND REQUESTED CONFIRMATION THAT LH WAS FULLY COMPLIANT WITH ANNUAL REPORTING RULES. THE ACCOUNTANT (A CPA) WHO WAS RETAINED BY LH WAS CONTACTED, AND THE BOARD FOUND THAT HE BELIEVED, IN ERROR, THAT A RETURN (990N OR 990EZ) HAD TO BE FILED ONCE EVERY THREE YEARS. (THERE WAS CONFUSION ABOUT ANNUAL FILING REQUIREMENTS AS COMPARED WITH THE THREE-YEAR AUTOMATIC REVOCATION RULES.) HE ALSO BELIEVED THAT THE ORGANIZATION QUALIFIED TO FILE FORM 990N, AND AS THE 990N FOR 2019 HAD BEEN SUBMITTED VIA THE IRS 990N FILING PORTAL, PRIOR YEAR 990NS COULD NO LONGER BE SUBMITTED. A BOARD MEMBER WHO IS ALSO A PRACTICING CPA IMMEDIATELY REVIEWED APPLICABLE GUIDANCE RE: COMPLIANCE REQUIREMENTS, AS WELL AS THE ORGANIZATION'S PRIOR YEAR FINANCIAL DATA. SHE ALSO CALLED ON THE IRS' EXEMPT ORG SECTION FOR VERIFICATION OF THE COMPLIANCE REQUIREMENTS FOR NEWLY ESTABLISHED NFP ENTITIES. IT WAS CONCLUDED THAT LH HAD NOT MET THE ANNUAL COMPLIANCE REQUIREMENTS FOR ITS INITIAL AND SECOND TAX YEARS, AND THAT THE 990N SUBMISSION FOR THE 2019 (THIRD) TAX YEAR WAS MADE IN ERROR AS LH WAS REQUIRED TO FILE FORM 990EZ. THE EXECUTIVE COMMITTEE WAS NOTIFIED ACCORDINGLY, AND THEY REQUESTED THAT THE BOARD MEMBER SEE THAT THE LATE INFORMATION RETURNS BE PREPARED FOR SUBMISSTION AS EXPEDITIOUSLY AS POSSIBLE, AND THE 2019 SUBMISSION BE CORRECTED. DUE TO THE SET OF CIRCUMSTANCES INCLUDING THE CRIPPLING LOSS OF FINANCIAL RECORDS, THE NEED TO RECREATE THOSE RECORDS, THE CHANGE IN MANAGEMENT AND THE RELIANCE ON A PROFESSIONAL WHO WAS MISTAKEN ABOUT ANNUAL FILING REQUIREMENTS, FOLLOWED BY THE SELF-IDENTIFICATION OF THE COMPLIANCE DEFICIENCIES AND SUBSEQUENT IMMEDIATE ACTION TO CORRECT, WE ARE ASKING THAT THE PENALTIES FOR LATE FILING BE ABATED AS THE REASONABLE CAUSE STANDARD HAS BEEN MET. THE BOARD OF DIRECTORS HAS PUT PROCEDURES IN PLACE TO PREVENT ANY FUTURE DELINQUENT SUBMISSIONS OF REQUIRED ANNUAL RETURNS, AS WELL AS PROCEDURES TO PREVENT ANY FUTURE LOSSES OF THE ORGANIZATION'S FINANCIAL AND OTHER DATA.
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/FilingSecurityInformation/IPTm007:04:29
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272170003
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SOVEREIGN CPA GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0TWO CHASE CORPORATE DRIVE STE 40
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOOVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035244
ReturnHeader/PreparerPersonGrp/PhoneNum02052718506
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DIANA SHAW KNIGHT CPA CVA
ReturnHeader/ReturnTs02020-02-27T07:04:32-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-19
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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