Civic Intelligence

We R Hope Inc

990 • Fiscal year 2022 • EIN 82-5021543

Jan 01, 2022 to Jun 30, 2022 • Filed on Oct 17, 2022

200 Lower Bartonsville RoadChester, VT 05143

(802) 440-1428

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.85x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

1.17x

Higher debt load relative to revenue than 92% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

36th percentile

-0.5%

Higher net margin than 36% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

60th percentile

7.0%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-25%

Faster revenue growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$667,995

Up $43,936 (+7.0%) from 2021

Net Assets

Down

$100,924

Down $2,304 (-2.2%) from 2021

Liabilities

Up

$567,071

Up $46,240 (+8.9%) from 2021

Revenue

Down

$486,530

Down $161,000 (-25%) from 2021

Expenses

Down

$488,834

Down $115,972 (-19%) from 2021

Net Income

Down

-$2,304

Down $45,028 (-105%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2018: $37,058Liabilities 2018: $3,144Net Assets 2018: $33,9142018Assets 2019: $45,921Liabilities 2019: $14,555Net Assets 2019: $31,3662019Assets 2020: $135,604Liabilities 2020: $75,100Net Assets 2020: $60,5042020Assets 2021: $624,059Liabilities 2021: $520,831Net Assets 2021: $103,2282021Assets 2022: $667,995Liabilities 2022: $567,071Net Assets 2022: $100,9242022Assets 2023: $583,666Liabilities 2023: $520,834Net Assets 2023: $62,8322023Assets 2024: $423,011Liabilities 2024: $476,355Net Assets 2024: -$53,3442024Assets 2025: $87,178Liabilities 2025: $555,352Net Assets 2025: -$468,1742025

Highlighted filing

2022

Assets$667,995
Liabilities$567,071
Net Assets$100,924

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2018: $173,867Expenses 2018: $139,953Net Income 2018: $33,9142018Revenue 2019: $336,751Expenses 2019: $339,299Net Income 2019: -$2,5482019Revenue 2020: $438,139Expenses 2020: $409,001Net Income 2020: $29,1382020Revenue 2021: $647,530Expenses 2021: $604,806Net Income 2021: $42,7242021Revenue 2022: $486,530Expenses 2022: $488,834Net Income 2022: -$2,3042022Revenue 2023: $1,066,773Expenses 2023: $1,104,865Net Income 2023: -$38,0922023Revenue 2024: $1,005,144Expenses 2024: $1,121,320Net Income 2024: -$116,1762024Revenue 2025: $873,391Expenses 2025: $1,288,221Net Income 2025: -$414,8302025

Highlighted filing

2022

Revenue$486,530
Expenses$488,834
Net Income-$2,304
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Jun 30, 2022
Signed
Oct 17, 2022
Return Version
2021v4.0
Gross Receipts
$495,137
Mission and Program Overview

Mission

We R H.O.P.E. is dedicated to bringing education, normalization, and a message of hope to those who are struggling with mental health issues by providing affordable and accessible individualized support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$420,268$447,997▲ $27,729
Cash and Non-Interest-Bearing Accounts$109,736$147,195▲ $37,459
Accounts Receivable$81,515$38,468▼ $43,047
Prepaid Expenses and Deferred Charges$1,585$12,342▲ $10,757
Receivables From Officers Etc-$12,278-
Land, Buildings, and Equipment, Net$10,955$9,715▼ $1,240
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$624,059$667,995▲ $43,936
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$507,242$514,061▲ $6,819
Accounts Payable and Accrued Expenses$2,272$28,261▲ $25,989
Deferred Revenue$1,180$24,749▲ $23,569
Other Liabilities$10,137--
Total Liabilities$520,831$567,071▲ $46,240
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$103,228$100,924▼ $2,304
Total Net Assets Fund Balance$103,228$100,924▼ $2,304
Total Liabilities and Net Assets / Fund Balance$624,059$667,995▲ $43,936

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,715$2,687$12,402
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sean PerryPresident
James ReinsteinVice President
Frank ProvanceDirector
Oryx CohenDirector
Miranda TodtSecretary
Rebecca PerryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$55,983
Program Service Revenue
$432,192
Investment Income
$312
Other Revenue
$-1,957
All Other Contributions
$55,983
Change in Net Assets
$-2,304
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$259,023
Salaries, Compensation, and Employee Benefits$200,312
Total Fundraising Expense$54,507
Professional Fundraising Fees$29,499
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$118,269$52,267$12,856$183,392
Fees for Services Other$163,504$720-$164,224
Travel$35,627--$35,627
Fees for Services Professional Fundraising--$29,499$29,499
Office Expenses$15,139$3,484-$18,623
Payroll Taxes$6,875$5,331$1,823$14,029
Advertising-$278$9,954$10,232
Fees for Services Legal-$7,583-$7,583
Interest-$6,819-$6,819
Other Employee Benefits$1,417$1,099$375$2,891
Fees for Services Accounting-$2,812-$2,812
Insurance$809$1,859-$2,668
Depreciation Depletion$1,240--$1,240
Other Expenses$1,642$480-$480
Total Functional Expenses$344,522$89,805$54,507$488,834
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$29,499
Fundraising Direct Expenses$8,607
Fundraising Gross Income$6,650

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Event$6,650$6,650$2,970$3,680
Total Events$6,650$6,650$8,607$-1,957
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$12,278-
Receivables from Disqualified Persons-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

The Board President and Board Treasurer have a family relationship.

Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents

The organization amended its governing documents to change its year-end from December to June. To effectuate the change, this return is being filed for the six month period beginning January 1, 2022 and ending June 30, 2022.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by all board members before the return is authorized for e-filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Any possible conflict of interest involving a board member, officer or key employee is disclosed in writing to the board of directors, and made a matter of record through an annual procedure. Where the transaction exceeds five hundred dollars but is less than five thousand dollars in a fiscal year,a two-thirds vote of the of the disinterest directors is required. Where the transaction exceeds five thousand dollars in a fiscal year, then a two-thirds vote of the disinterested directors and publication in the required newspaper is required. The minutes of the meeting document that a disclosure was made, the appropriate abstention from voting, and the actual vote itself.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
We R HOPE
EIN
82-5021543
Phone
8024401428
Address
200 Lower Bartonsville Road, Chester, VT 05143

Signing Officer

Name
Sean Perry
Title
President
Signed
2022-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sean Perry
Formed
2018
Legal Domicile
Vt
Voting Board Members
6
Independent Board Members
4
Employees
0
Volunteers
6

Preparer

Firm
Susan Nooney CPA LLC
Address
PO BOX 1456, New London, NH 03257
Preparer
Susan E Nooney CPA
Phone
6035264480
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IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0Mental health coaching
IRS990/ProgramServiceRevenueGrp/Desc1Training and education
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IRS990/ProgSrvcAccomActy2Grp/Desc0Upper Valley Youth Wellness Retreat:We R H.O.P.E. offers the first-ever youth wellness retreat that is exclusively focused on youth mental health to help individuals become comfortable with being vulnerable talking about anxiety and their mental health, and learning healthy coping mechanisms to support themselves and their peers with their mental health. Our Youth Wellness Retreats focus on the following activities: mindful nature exploration, hiking, swimming, journaling, music and art as a coping mechanism, equine therapy and riding, youth Emotional CPR (eCPR) training, and anxiety education training. The Wellness Retreats are offered at an affordable cost with the goal of allowing individuals to access the retreat no matter their financial resources.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015493
IRS990/ProgSrvcAccomActy3Grp/Desc0Training & Education Services:We R H.O.P.E. coaches are certified in numerous mental health and wellness practices that can be helpful in a variety of different settings. Training services are offered for youth, parents, and school and academic faculty.
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IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0See Part IV
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IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0Adam Burak
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IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0200 Lower Bartonsville Rd
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Chester
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IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0Part I, Line 2b, ActivityAdam Burak's responsibilities included: (1) expanding the organization's donor base, and (2)soliciting contributions and grants from the public.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2b - Fundraiser Additional Information
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