Civic Intelligence

New Hope Vocational Technical Inst

EIN 82-3392956 • 501(c)3 • Fort Pierce, FL

Profile

Vocational and technical adult education

3100 Saint Lucie BlvdFort Pierce, FL 34946
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

55th percentile

4.4%

Higher net margin than 55% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

63rd percentile

5.3%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

21st percentile

-42%

Faster revenue growth than 21% of similar nonprofits.

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

Assets

Up

$414,004

Up $20,655 (+5.3%) from 2019

Liabilities

Down

$0

Down $35,807 (-100%) from 2019

Net Assets

Up

$414,004

Up $56,462 (+16%) from 2019

Revenue

Down

$186,700

Down $133,860 (-42%) from 2019

Expenses

Down

$178,424

Down $68,021 (-28%) from 2019

Net Income

Down

$8,276

Down $65,839 (-89%) from 2019

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2018: $300,806Liabilities 2018: $35,807Net Assets 2018: $264,9992018Assets 2019: $393,349Liabilities 2019: $35,807Net Assets 2019: $357,5422019Assets 2020: $414,004Liabilities 2020: $0Net Assets 2020: $414,0042020

Highlighted filing

2020

Assets$414,004
Liabilities$0
Net Assets$414,004

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2018: $272,600Expenses 2018: $7,601Net Income 2018: $264,9992018Revenue 2019: $320,560Expenses 2019: $246,445Net Income 2019: $74,1152019Revenue 2020: $186,700Expenses 2020: $178,424Net Income 2020: $8,2762020

Highlighted filing

2020

Revenue$186,700
Expenses$178,424
Net Income$8,276

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 27, 2021
Return Version
2020v4.1
Gross Receipts
$186,700
Mission and Program Overview

Mission

Vocational and technical adult education

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$274,365$271,621▼ $2,744
Cash and Non-Interest-Bearing Accounts$118,984$142,383▲ $23,399
Total Assets$393,349$414,004▲ $20,655
Liabilities
Unsecured Notes Loans Payable$35,807--
Total Liabilities$35,807$0▼ $35,807
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$357,542$414,004▲ $56,462
Total Net Assets Fund Balance$357,542$414,004▲ $56,462
Total Liabilities and Net Assets / Fund Balance$393,349$414,004▲ $20,655

Asset Categories

AssetBook ValueDepreciationBasis
Land$203,397-$203,397
Equipment$61,474$7,374$68,848
Leasehold Improvements$6,750$858$7,608
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donald C PutnamPresident
John a HeddingsVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$186,700
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$186,700
Change in Net Assets
$8,276
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$111,424
Grants and Similar Amounts Paid$67,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$67,000--$67,000
Other Expenses$40,148--$40,148
Depreciation Depletion$15,123--$15,123
Fees for Services Management$1,500--$1,500
Fees for Services Legal$1,189--$1,189
Insurance$610--$610
Total Functional Expenses$178,424$0$0$178,424
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
Backup withholding compliance
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
No
Other officer compensation reviewed
No
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 governing body review Part VI line 11

Board of officers reviewed and approved

Governing documents etc available to public Part VI line 19

Financial documents available upon request by contacting officers of entity

Filing and Contact Details

Filer

Filer Name
New Hope Vocational Technical Inst
EIN
82-3392956
Address
3100 SAINT LUCIE BLVD, FORT PIERCE, FL 34946

Signing Officer

Name
Donald Putnam
Title
President
Phone
7723219115
Signed
2021-02-27
Discuss with paid preparer
No

Organization Details

Formed
2018
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Parakletos Inc
Address
25101 E 71st St S, Broken Arrow, OK 74014
Preparer
Charles R Chung
Phone
9183575660
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Adjustment was made for balance sheet

Raw XML Appendix301 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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