Civic Intelligence

Hope S Closet Inc.

990EZ • Fiscal year 2024 • EIN 82-3562085

Jan 01, 2024 to Dec 31, 2024 • Filed on Jan 30, 2025

Organization Profilewww.hopesclosetky.com
3936 Taylorsville RdLouisville, KY 40220-1450

(502) 345-2960

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

80th percentile

28%

Higher net margin than 80% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

90th percentile

82%

Faster asset growth than 90% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

79%

Faster revenue growth than 89% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$33,628

Up $15,172 (+82%) from 2023

Net Assets

Up

$33,628

Up $15,172 (+82%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin80th percentile

Revenue

Up

$54,541

Up $24,111 (+79%) from 2023

Expenses

Down

$39,369

Down $5,511 (-12%) from 2023

Net Income

Up

$15,172

Up $29,622 (+205%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$60K$40K$20K$0Assets 2018: $6,327Liabilities 2018: $02018Assets 2019: $15,509Liabilities 2019: $02019Assets 2020: $26,883Liabilities 2020: $02020Assets 2021: $32,907Liabilities 2021: $0Net Assets 2021: $32,9072021Assets 2022: $33,558Liabilities 2022: $0Net Assets 2022: $33,5582022Assets 2023: $18,456Net Assets 2023: $18,4562023Assets 2024: $33,628Net Assets 2024: $33,6282024Assets 2025: $59,379Net Assets 2025: $59,3792025

Highlighted filing

2024

Assets$33,628
Liabilities-
Net Assets$33,628
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

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

$100K$50K$0-$50KRevenue 2018: $21,397Expenses 2018: $15,070Net Income 2018: $6,3272018Revenue 2019: $26,132Expenses 2019: $16,950Net Income 2019: $9,1822019Revenue 2020: $35,165Expenses 2020: $23,790Net Income 2020: $11,3752020Revenue 2021: $43,533Expenses 2021: $37,510Net Income 2021: $6,0232021Revenue 2022: $43,542Expenses 2022: $42,891Net Income 2022: $6512022Revenue 2023: $30,430Expenses 2023: $44,880Net Income 2023: -$14,4502023Revenue 2024: $54,541Expenses 2024: $39,369Net Income 2024: $15,1722024Revenue 2025: $74,611Expenses 2025: $48,860Net Income 2025: $25,7512025

Highlighted filing

2024

Revenue$54,541
Expenses$39,369
Net Income$15,172
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 30, 2025
Return Version
2024v5.0
Gross Receipts
$54,541
Mission and Program Overview

Mission

Provide foster and kinship care children free clothing and daily supplies

Program Services

DescriptionGrantsExpenses
CHRISTMAS PARTY FOSTER KIDS 700 KIDS$0$6,137
BACK TO SCHOOL BASH 500 KIDS$0$2,305
PROM EVENT 50 KIDS$0$484
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Angela BischoffPresidentFT$0--
JENNIFER MORTENSONVPPT$0--
Raymond S BischoffTresurerPT$0--
MATT MORTENSONBoard-$0--
Filing and Contact Details

Filer

Filer Name
Hope S Closet Inc
EIN
82-3562085
In Care Of
% Angela Bischoff
Address
3936 TAYLORSVILLE RD, LOUISVILLE, KY 40220-1450

Signing Officer

Name
RAYMOND BISCHOFF Bischoff
Title
Tresurer
Signed
2025-01-30
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| PROM EVENT, $484| BACK TO SCHOOL EVENT, $2305| CHRISTMAS EVENT, $6137| ATT PHONE, $998| UHAUL RENTAL VOLUNTEER FOOD OTHER MISC NEEDS, $4682|”

Raw XML Appendix149 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Raymond Bischoff
IRS990EZ/BooksInCareOfDetail/PhoneNum05023452960
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03900 zoneton rd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0shepherdsville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040165
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018456
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt033628
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt054541
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt015172
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018456
IRS990EZ/Form990TotalAssetsGrp/EOYAmt033628
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt054541
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt018456
IRS990EZ/NetAssetsOrFundBalancesEOYAmt033628
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt018456
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt033628
IRS990EZ/OccupancyRentUtltsAndMaintAmt024763
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Angela Bischoff
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JENNIFER MORTENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Raymond S Bischoff
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MATT MORTENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRESURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt014606
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE FOSTER AND KINSHIP CARE CHILDREN FREE CLOTHING AND DAILY SUPPLIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CHRISTMAS PARTY FOSTER KIDS 700 KIDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1BACK TO SCHOOL BASH 500 KIDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROM EVENT 50 KIDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06137
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12305
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2484
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0KY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt039369
IRS990EZ/TotalProgramServiceExpensesAmt08926
IRS990EZ/TotalRevenueAmt054541
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.hopesclosetky.com
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt054541
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt030430
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt043542
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt043533
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt035165
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0207211
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0207211
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt054541
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt030430
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt043542
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt043533
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt035165
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0207211
IRS990ScheduleA/TotalSupportAmt0207211
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| PROM EVENT, $484| BACK TO SCHOOL EVENT, $2305| CHRISTMAS EVENT, $6137| ATT PHONE, $998| UHAUL RENTAL VOLUNTEER FOOD OTHER MISC NEEDS, $4682|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RAYMOND BISCHOFF Bischoff
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRESURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOPE S CLOSET INC
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0823562085
ReturnHeader/Filer/ForeignPhoneNum05022992397
ReturnHeader/Filer/InCareOfNm0% Angela Bischoff
ReturnHeader/Filer/USAddress/AddressLine1Txt03936 TAYLORSVILLE RD
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd0402201450
ReturnHeader/ReturnTs02025-01-30T07:43:11-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$33,628
Liabilities
-
Net assets
$33,628
Revenue
$54,541
Expenses
$39,369
Net income
$15,172
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$59.4$59.4$74.6$48.9$25.8
2024Detailed filing. Detailed filing data is available for this year.$33.6$33.6$54.5$39.4$15.2
2023Detailed filing. Detailed filing data is available for this year.$18.5$18.5$30.4$44.9$14.5
2022Detailed filing. Detailed filing data is available for this year.$33.6$0.00$33.6$43.5$42.9$0.65
2021Detailed filing. Detailed filing data is available for this year.$32.9$0.00$32.9$43.5$37.5$6.02
2020Summary only. Only limited summary data is available for this year.$26.9$0.00$35.2$23.8$11.4
2019Summary only. Only limited summary data is available for this year.$15.5$0.00$26.1$17.0$9.18
2018Summary only. Only limited summary data is available for this year.$6.33$0.00$21.4$15.1$6.33