Civic Intelligence

Hope585

990 • Fiscal year 2022 • EIN 82-5396985

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 08, 2023

111 N Chestnut StreetRochester, NY 14604

(918) 688-7100

Siviq Scores

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

Liabilities / Assets

80th percentile

0.39x

Higher debt load relative to assets than 80% of similar nonprofits.

2022 filings • NTEE P • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

84th percentile

0.38x

Higher debt load relative to revenue than 84% of similar nonprofits.

2022 filings • NTEE P • $500k-$1M nonprofits • Source year 2022

Net Margin

84th percentile

34%

Higher net margin than 84% of similar nonprofits.

2022 filings • NTEE P • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

84th percentile

$90,985

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

2022 filings • NTEE P • $500k-$1M nonprofits • Source year 2022

Asset Growth

97th percentile

287%

Faster asset growth than 97% of similar nonprofits.

2022 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

209%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$698,217

Up $517,781 (+287%) from 2021

Net Assets

Up

$423,655

Up $246,658 (+139%) from 2021

Liabilities

Up

$274,562

Up $271,123 (+7884%) from 2021

Revenue

Up

$726,857

Up $491,352 (+209%) from 2021

Expenses

Up

$480,199

Up $410,227 (+586%) from 2021

Net Income

Up

$246,658

Up $81,125 (+49%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2021: $180,436Liabilities 2021: $3,439Net Assets 2021: $176,9972021Assets 2022: $698,217Liabilities 2022: $274,562Net Assets 2022: $423,6552022Assets 2023: $1,574,906Liabilities 2023: $527,749Net Assets 2023: $1,047,1572023Assets 2024: $1,057,923Liabilities 2024: $298,172Net Assets 2024: $759,7512024

Highlighted filing

2022

Assets$698,217
Liabilities$274,562
Net Assets$423,655

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2021: $235,505Expenses 2021: $69,972Net Income 2021: $165,5332021Revenue 2022: $726,857Expenses 2022: $480,199Net Income 2022: $246,6582022Revenue 2023: $1,612,695Expenses 2023: $989,193Net Income 2023: $623,5022023Revenue 2024: $1,343,287Expenses 2024: $1,487,652Net Income 2024: -$144,3652024

Highlighted filing

2022

Revenue$726,857
Expenses$480,199
Net Income$246,658
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$726,857
Mission and Program Overview

Mission

To create a relationship-centered community where marginalized youth and their families can hope, heal, and thrive.

Educate, enrich, and empower youth and families to give them hope and help them thrive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$50,001$450,533▲ $400,532
Pledges and Grants Receivable$37,500$180,703▲ $143,203
Cash and Non-Interest-Bearing Accounts$92,935$54,297▼ $38,638
Prepaid Expenses and Deferred Charges-$12,684-
Total Assets$180,436$698,217▲ $517,781
Liabilities
Other Liabilities$536$266,323▲ $265,787
Accounts Payable and Accrued Expenses$2,903$8,239▲ $5,336
Total Liabilities$3,439$274,562▲ $271,123
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$140,168$236,448▲ $96,280
Net Assets With Donor Restrictions$36,829$187,207▲ $150,378
Total Net Assets Fund Balance$176,997$423,655▲ $246,658
Total Liabilities and Net Assets / Fund Balance$180,436$698,217▲ $517,781
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ashley CrossExecutive DirectorFT$79,762$11,223$90,985

Board Members and Trustees

NameTitle
Jennifer ArboreChair
Bonnie DeVinney2nd Vice Chair (starting 09/2022)
Shawn JamesVice Chair
Dan RuddMember
Gary DomenicaMember
Maryanna TelleMember
Annette CampbellMember (starting 09/2022)
Maya CraneSecretary (starting 09/2022)
Revenue and Support

Revenue Composition

Contributions and Grants
$721,084
Program Service Revenue
$0
Investment Income
$1,470
Other Revenue
$4,303
All Other Contributions
$675,381
Change in Net Assets
$246,658

Audited Revenue Reconciliation

Revenue per Audited Statements
$726,857
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$26,000
Total Revenue per Audited Statements
$752,857
Total Revenue per Form 990
$726,857
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$253,115
Other Expenses$188,912
Grants and Similar Amounts Paid$38,172
Total Fundraising Expense$28,136
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$125,207$13,119$1,850$140,176
Current Officers, Directors, Trustees, and Key Employees$18,197$54,591$18,197$90,985
Fees for Services Other$31,355$11,990-$43,345
Grants to Domestic Individuals$38,172--$38,172
Occupancy$21,937$2,437-$24,374
Office Expenses$12,445$3,939$1,150$17,534
Payroll Taxes$13,759$2,464$440$16,663
Conferences and Meetings$12,620$2,739-$15,359
All Other Expenses$9,396$3,914$200$13,510
Other Expenses$348$2,438$5,264$5,612
Other Employee Benefits$5,291--$5,291
Advertising$5,287--$5,287
Insurance$2,565$1,108$323$3,996
Travel$3,130--$3,130
Fees for Services Legal-$2,753-$2,753
Total Functional Expenses$350,571$101,492$28,136$480,199

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$506,199
Expenses per Audited Statements$480,199
Total Expenses per Form 990$480,199
Expenses Not Reported on Form 990$26,000
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advances$266,323
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Section A, line 4

At the first regularly scheduled annual meeting of the Corporation, the number of Directors constituting the Board shall be set at fifteen (15). Thereafter, the number of Directors may be determined (prospectively) at any regularly scheduled annual meeting of the Corporation by the Directors then in office, and shall be an odd number of at least five (5) and not more than fifteen (15). The number may be increased or decreased within the range of five and fifteen by the then-sitting Board at any annual meeting, or beyond that range by amendment of these Bylaws, but no decrease shall shorten the term of any incumbent Director.

Form 990, Part VI, Section B, line 11B

The Form 990 will be sent to all board members to review. The Treasurer will discuss the form at a board meeting prior to filing.

Form 990, Part VI, Section B, line 12C

All board members sign a conflict of interest policy during the January meeting and there are reminders to disclose any conflict of interest at the beginning of each board meeting.

Form 990, Part VI, Section B, line 15A

The Executive Committee did a complete performance review and decided the Executive Director's compensation. There are no other key employees.

Form 990, Part VI, Section C, line 19

Governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
The Hub585 Inc
EIN
82-5396985
Phone
9186887100
Address
111 N Chestnut Street, Rochester, NY 14604

Signing Officer

Name
Ashley Cross
Title
Executive Director
Phone
9186887100
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ashley Cross
Formed
2018
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
16
Volunteers
50

Preparer

Firm
Heveron & Company CPAs PLLC
Address
260 Plymouth Avenue South, Rochester, NY 14608
Preparer
Brenda Smith
Phone
5852322956
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IRS990/Desc0Stand With Young People: The Hub585's Stand with Young People Program provides short-term, immediate counseling and case management to youth in crisis in the City of Rochester. This program provides flexibly scheduled mobile services in community-based settings throughout the city. Referrals are sent to The Hub585 from the City of Rochester's Person in Crisis Team (PIC) and then an individualized Service Plan is developed and implemented based upon assessments and goals identified by the youth. The Youth Counselor/Case Manager then links the youth to appropriate prevention activities, programs, and services with The Hub585 and the community. We focus on resolving identified problems and/or assessing and improving the level of youth and family risk and protective factors. (Continued on Schedule O)This program also provides crisis intervention, as well as family counseling and resource navigation and referral services, as needed.This program is supported by contributions.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Life Launch Mentoring Program: The Hub585's Life Launch Program is dedicated to ensuring all youth ages 13-18 in Monroe County foster care have the committed durable relationships in their lives to ensure their success and wellbeing as they prepare and move toward independence. Life Launch mentor teams interrupt the cycles of abandonment, poverty, and trauma that these young adults have experienced by creating patterns of safety, trust, and respect.(Continued on Schedule O)The Life Launch mentorship model uses the healing power of safe, unpaid adult relationships to foster hope and personal agency, which are necessary for young adults to achieve independence and stability.This program is supported by contributions.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt078355
IRS990/ProgSrvcAccomActy3Grp/Desc0Dr. Sherri Tapp Legacy Fund: The Hub585 Direct cash assistance program works to provide access to cash for families in need of employment or seeking employment and young adults aging out of foster care and entering the workforce who otherwise would not have access to a direct cash program. Families have access to direct cash assistance that can help alleviate the stress of poverty. These funds help stabilize the environment of families involved in child welfare or experiencing poverty while also leading to long-term employment, housing and food security, and ultimately stronger families. (Continued on Schedule O)Furthermore, these funds help young people aging out of foster care make a smooth transition to adulthood by providing cash to secure stable housing and maintain employment.Eligibility guidelines for cash assistance are listed below. - Family must be referred by Child Protective Services, or the Society for the Protection and Care of Children.- Families must reside in Monroe County.- Funds must be received by a family member over the age of 18 years old.- Recipients must be employed or seeking employment- Recipients may not exceed assistance for more than $2,400 per year. (Average needs request is around $550, families have access, if needed, to the max amount over the course of the two year grant period)This program is supported by contributions.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt063359
IRS990/ProgSrvcAccomActy3Grp/GrantAmt038172
IRS990/ProgSrvcAccomActyOtherGrp/Desc0All other programs
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0155680
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt04303
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0235505
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt06000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt058996
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0165533
IRS990/PYSalariesCompEmpBnftPaidAmt04976
IRS990/PYTotalExpensesAmt069972
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0235505
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0246658
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt050001
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0450533
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Miscellaneous Income
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0721084
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0235505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt017462
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt016305
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0990356
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01470
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01470
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04303
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04303
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0543906
IRS990ScheduleA/SubstantialContributorsTotAmt0446450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0721084
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0235505
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt017462
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt016305
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0990356
IRS990ScheduleA/TotalSupportAmt0996129
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt026000
IRS990ScheduleD/DonatedServicesUseFcltsAmt026000
IRS990ScheduleD/ExpensesNotReportedAmt026000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0480199
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0266323
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Refundable Advances
IRS990ScheduleD/RevenueNotReportedAmt026000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0726857
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0480199
IRS990ScheduleD/TotalLiabilityAmt0266323
IRS990ScheduleD/TotalRevenuePerForm990Amt0726857
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0752857
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0506199
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt038172
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Dr. Sherri Tapp Legacy Fund
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt050
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The funds are placed in a separate Tapp Legacy checking account with M&T bank. That account is only used to cut checks to cash assistance recipients. Funds can only be used for families who go through the application process with our Manager of Family Services.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0At the first regularly scheduled annual meeting of the Corporation, the number of Directors constituting the Board shall be set at fifteen (15). Thereafter, the number of Directors may be determined (prospectively) at any regularly scheduled annual meeting of the Corporation by the Directors then in office, and shall be an odd number of at least five (5) and not more than fifteen (15). The number may be increased or decreased within the range of five and fifteen by the then-sitting Board at any annual meeting, or beyond that range by amendment of these Bylaws, but no decrease shall shorten the term of any incumbent Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 will be sent to all board members to review. The Treasurer will discuss the form at a board meeting prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All board members sign a conflict of interest policy during the January meeting and there are reminders to disclose any conflict of interest at the beginning of each board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Executive Committee did a complete performance review and decided the Executive Director's compensation. There are no other key employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, conflict of interest policy and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0180436
IRS990/TotalAssetsEOYAmt0698217
IRS990/TotalAssetsGrp/BOYAmt0180436
IRS990/TotalAssetsGrp/EOYAmt0698217
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0721084
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt028136
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0101492
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0350571
IRS990/TotalFunctionalExpensesGrp/TotalAmt0480199
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03439
IRS990/TotalLiabilitiesEOYAmt0274562
IRS990/TotalLiabilitiesGrp/BOYAmt03439
IRS990/TotalLiabilitiesGrp/EOYAmt0274562
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0176997
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0423655
IRS990/TotalOtherCompensationAmt011223
IRS990/TotalOtherProgSrvcExpenseAmt0155680
IRS990/TotalOtherProgSrvcRevenueAmt04303
IRS990/TotalProgramServiceExpensesAmt0350571
IRS990/TotalReportableCompFromOrgAmt079762
IRS990/TotalRevenueGrp/ExclusionAmt01470
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04303
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0726857
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0180436
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0698217
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt03130
IRS990/TravelGrp/TotalAmt03130
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0111 N Chestnut Street
IRS990/USAddress/CityNm0Rochester
IRS990/USAddress/StateAbbreviationCd0NY

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