Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Gratiot County Hope House
990EZ • Fiscal year 2021 • EIN 82-5453790
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.26x
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Balance Sheet
Assets
Down$34,212
Down $11,440 (-25%) from 2020
Net Assets
$25,394
No earlier filing loaded for comparison.
Liabilities
Up$8,818
Up $2,589 (+42%) from 2020
Revenue And Expenses
Revenue
Up$98,699
Up $59,817 (+154%) from 2020
Expenses
Up$112,700
Up $76,350 (+210%) from 2020
Net Income
Down-$14,001
Down $16,533 (-653%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2020 to May 31, 2021
- Signed
- Aug 20, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $98,699
Mission and Program Overview
Mission
Meeting the temporary housing needs of Gratiot County with Compassion, Hope and Grace
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Temporary Housing, Food and Personal Hygiene products | - | - |
| Housing Expenditures, Repairs and Maintenance to building and code | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jake Gregory | President/Chairman | FT | $0 | - | - |
| Nathan Workman | VP/Vice Chairman | PT | $0 | - | - |
| Chris Hale | Treasurer | PT | $0 | - | - |
| Carolyn Studley | Secretary | PT | $0 | - | - |
| Justin Daron | Board Member | - | $0 | - | - |
| Ashley Bader | Board Member | - | $0 | - | - |
| Michele Graham | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Gratiot County Hope House
- EIN
- 82-5453790
- Phone
- 9896818486
- Address
- 1001 W Washington Street, Saint Louis, MI 48880
Signing Officer
- Name
- Chris Hale
- Title
- Treasurer
- Phone
- 9896815731
- Signed
- 2021-08-20
- Discuss with paid preparer
- No
Preparer
- Firm
- John C Morey CPA
- Address
- 1000 Iowa St, Alma, MI 48801
- Preparer
- John C Morey
- Phone
- 9893125086
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 10, Grants Paid
“Activity Outreach, Grantee Various 1001 W Washington Ave Saint Louis MI 48880, Cash Grant 18,799, Relationship”
Form 990-EZ, Part I, Line 16, Other Expenses
“Meals and entertainment 1,822”
Form 990-EZ, Part I, Line 16, Other Expenses
“Supplies 3,996”
Form 990-EZ, Part I, Line 16, Other Expenses
“Telephone 1,814”
Form 990-EZ, Part I, Line 16, Other Expenses
“Advertising 413”
Form 990-EZ, Part I, Line 16, Other Expenses
“Bank Charges 102”
Form 990-EZ, Part I, Line 16, Other Expenses
“Client Travel and Hotet Assistance 84”
Form 990-EZ, Part I, Line 16, Other Expenses
“Insurance 1,905”
Form 990-EZ, Part I, Line 16, Other Expenses
“Job Site Supplies 1,571”
Form 990-EZ, Part I, Line 20, Net Assets
“Prior Period Adjustment -28”
Form 990-EZ, Part II, Line 26, Liabilities
“Credit Card Payable Beginning of year 115, End of year 1,537”
Form 990-EZ, Part II, Line 26, Liabilities
“Payroll Taxes Payable Beginning of year 847, End of year 2,014”
Form 990-EZ, Part II, Line 26, Liabilities
“Note Payable to Bank Beginning of year 5,267, End of year 5,267”
Raw XML Appendix182 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Chris Hale |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9897632624 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1001 Washington Drive |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Saint Louis |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 48808 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 45652 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 34212 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 79866 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -14001 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2210 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 45652 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 34212 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 18799 |
| IRS990EZ/GrossReceiptsAmt | 0 | 98699 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 9 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 39423 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 25394 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 39423 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 25394 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 14581 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 040.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 020.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 005.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 005.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 001.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 001.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 001.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Jake Gregory |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Nathan Workman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Chris Hale |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Carolyn Studley |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Justin Daron |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Ashley Bader |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Michele Graham |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President/Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VP/Vice Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Board Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Board Member |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -28 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 11707 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Meeting the temporary housing needs of Gratiot County with Compassion, Hope and Grace |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 18824 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Temporary Housing, Food and Personal Hygiene products |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Housing Expenditures, Repairs and Maintenance to building and code |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 65403 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 6229 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 8818 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 112700 |
| IRS990EZ/TotalRevenueAmt | 0 | 98699 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | gchopehouse.org |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 98699 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 97413 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 28727 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 224839 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 224839 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 98699 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 97413 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 28727 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 224839 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 98699 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 97413 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 28727 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 224839 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity Outreach, Grantee Various 1001 W Washington Ave Saint Louis MI 48880, Cash Grant 18,799, Relationship |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Meals and entertainment 1,822 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Supplies 3,996 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Telephone 1,814 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Advertising 413 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Bank Charges 102 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Client Travel and Hotet Assistance 84 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Insurance 1,905 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Job Site Supplies 1,571 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Prior Period Adjustment -28 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Credit Card Payable Beginning of year 115, End of year 1,537 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Payroll Taxes Payable Beginning of year 847, End of year 2,014 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Note Payable to Bank Beginning of year 5,267, End of year 5,267 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10, Grants Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990-EZ, Part I, Line 20, Net Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990-EZ, Part II, Line 26, Liabilities |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990-EZ, Part II, Line 26, Liabilities |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990-EZ, Part II, Line 26, Liabilities |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Chris Hale |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9896815731 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-08-20 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Gratiot County Hope House |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GRAT |
| ReturnHeader/Filer/EIN | 0 | 825453790 |
| ReturnHeader/Filer/PhoneNum | 0 | 9896818486 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1001 W Washington Street |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Saint Louis |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 48880 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | John C Morey CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1000 Iowa St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Alma |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 48801 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9893125086 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-08-20 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | John C Morey |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2021-08-20T02:41:08-00:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Chris |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Hale |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-05-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $34,212
- Liabilities
- $8,818
- Net assets
- $25,394
- Revenue
- $98,699
- Expenses
- $112,700
- Net income
- -$14,001