Civic Intelligence

My Hope Foundation Inc.

990 • Fiscal year 2019 • EIN 83-2888703

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

Organization ProfileN/A
3225 Mcleod Dr No 100Las Vegas, NV 89121

(305) 336-9678

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

$365,723

No earlier filing loaded for comparison.

Net Assets

$365,723

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin99th percentile

Revenue

$369,535

No earlier filing loaded for comparison.

Expenses

$3,812

No earlier filing loaded for comparison.

Net Income

$365,723

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0Assets 2019: $365,723Liabilities 2019: $0Net Assets 2019: $365,7232019Assets 2020: $1,942,999Liabilities 2020: $0Net Assets 2020: $1,942,9992020Assets 2021: $1,896,078Liabilities 2021: $0Net Assets 2021: $1,896,0782021Assets 2022: $1,897,462Liabilities 2022: $0Net Assets 2022: $1,897,4622022Assets 2023: $1,841,815Liabilities 2023: $0Net Assets 2023: $1,841,8152023Assets 2024: $1,834,588Liabilities 2024: $0Net Assets 2024: $1,834,5882024

Highlighted filing

2019

Assets$365,723
Liabilities$0
Net Assets$365,723
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2019: $369,535Expenses 2019: $3,812Net Income 2019: $365,7232019Revenue 2020: $1,584,628Expenses 2020: $7,352Net Income 2020: $1,577,2762020Revenue 2021: -$14,760Expenses 2021: $32,161Net Income 2021: -$46,9212021Revenue 2022: $41,663Expenses 2022: $40,279Net Income 2022: $1,3842022Revenue 2023: $4,432Expenses 2023: $60,079Net Income 2023: -$55,6472023Revenue 2024: $68,202Expenses 2024: $75,429Net Income 2024: -$7,2272024

Highlighted filing

2019

Revenue$369,535
Expenses$3,812
Net Income$365,723
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$369,535
Mission and Program Overview

Mission

The mission of this organization is to provide affordable housing to those in need and to provide humanitarian relief to individuals both domestic and international.

The mission of the organization is to provide affordable housing to those in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$365,723▲ $365,723
Land, Buildings, and Equipment, Net$0$250,000▲ $250,000
Cash and Non-Interest-Bearing Accounts$0$115,723▲ $115,723
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$365,723▲ $365,723
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$365,723▲ $365,723
Total Liabilities and Net Assets / Fund Balance$0$365,723▲ $365,723

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$250,000--
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Avimael ArevaloPresident
Odalys ArevaloVice-president
Revenue and Support

Revenue Composition

Contributions and Grants
$369,535
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$369,535
Change in Net Assets
$365,723

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$249,535Appraisal
Total Noncash Contributions1$249,535-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,812
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$3,585--$3,585
Depreciation Depletion$196--$196
Other Expenses-$31-$31
Total Functional Expenses$3,781$31$0$3,812
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
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, Part VI, Section B, Line 11B

“Form 990 is provided to all members of the governing body to review before filing.”

Form 990, Part VI, Section C, Line 18

“This is available upon request.”

Form 990, Part VI, Section C, Line 19

“This is available upon request.”

Filing and Contact Details

Filer

Filer Name
My Hope Foundation Inc
EIN
83-2888703
Phone
3053369678
Address
3225 MCLEOD DR NO 100, LAS VEGAS, NV 89121

Signing Officer

Name
Avimael Arevalo
Title
Director
Phone
3053369678
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Avimael Arevalo
Formed
2018
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Anderson Law Group Pllc
Address
3225 MCLEOD DRIVE, LAS VEGAS, NV 89121
Preparer
Piao Sam
Phone
8889692677
Raw XML Appendix285 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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$365,723
Liabilities
$0
Net assets
$365,723
Revenue
$369,535
Expenses
$3,812
Net income
$365,723
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.00$1.83$0.07$0.08$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$0.00$0.06$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.04$0.04$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.01$0.03$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$1.58$0.01$1.58
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.37$0.00$0.37