Civic Intelligence

Variety Is Hope

990 • Fiscal year 2020 • EIN 84-2240270

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 14, 2021

Organization ProfileVARIETYISHOPE.ORG
2108 North Street Suite NSacramento, CA 95816

(760) 278-3944

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

47th percentile

3.2%

Higher net margin than 47% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

89th percentile

115%

Faster asset growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

98th percentile

327%

Faster revenue growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$16,357

Up $8,759 (+115%) from 2019

Net Assets

Up

$16,357

Up $8,759 (+115%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin47th percentile

Revenue

Up

$275,480

Up $210,978 (+327%) from 2019

Expenses

Up

$266,721

Up $209,817 (+369%) from 2019

Net Income

Up

$8,759

Up $1,161 (+15%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$20K$15K$10K$5.0K$0Assets 2019: $7,598Liabilities 2019: $0Net Assets 2019: $7,5982019Assets 2020: $16,357Liabilities 2020: $0Net Assets 2020: $16,3572020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2020

Assets$16,357
Liabilities$0
Net Assets$16,357
Open 2020 Filing

Operations Trend

Revenue Growth98th percentile

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

$300K$200K$100K$0-$100KRevenue 2019: $64,502Expenses 2019: $56,904Net Income 2019: $7,5982019Revenue 2020: $275,480Expenses 2020: $266,721Net Income 2020: $8,7592020Revenue 2021: $221,727Expenses 2021: $238,084Net Income 2021: -$16,3572021

Highlighted filing

2020

Revenue$275,480
Expenses$266,721
Net Income$8,759
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 14, 2021
Return Version
2020v4.0
Gross Receipts
$275,480
Mission and Program Overview

Mission

Our mission is reflected in our name, which embodies both the diverse pool of talented entertainers that help bring our events to life, as well as the distinguishing variety label that is used on twitch.tv for innovative content creators. We wear our message of hope on our sleeve in our commitment to "helping others, playing everything".

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,598$16,357▲ $8,759
Total Assets$7,598$16,357▲ $8,759
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,598$16,357▲ $8,759
Total Net Assets Fund Balance$7,598$16,357▲ $8,759
Total Liabilities and Net Assets / Fund Balance$7,598$16,357▲ $8,759
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Scott HootenPresident
Jonathan AllweissDirector
Liz GellertDirector
Robert SchneiderDirector
Natalie JonesSecretary
Stephanie OstlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$265,480
All Other Contributions
$10,000
Change in Net Assets
$8,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$260,069
Other Expenses$6,652
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$260,069--$260,069
Fees for Services Accounting-$5,386-$5,386
Office Expenses-$807-$807
Other Expenses-$3-$3
Total Functional Expenses$260,069$6,652$0$266,721
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Pediatric Cancer Research FoundatioIrvine, CA501c3General Funding$260,069
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$265,480
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Twitch Charity$265,480$265,480-$265,480
Total Events$265,480$265,480-$265,480
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
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
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, Page 6, Part VI, Line 11B

“All directors are provided a copy of the 990 prior to filing. Questions from any directors are sent to the cpa to answer prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Policy is reviewed at least annually and all directors are routinely made aware of their duties.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Variety Is Hope
EIN
84-2240270
Address
2108 NORTH STREET SUITE N, SACRAMENTO, CA 95816

Signing Officer

Name
Scott Hooten
Title
President
Phone
7607024258
Signed
2021-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Hooten
Formed
2019
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Gonda and Co
Address
74-130 COUNTRY CLUB DR STE 106, PALM DESERT, CA 92260
Preparer
Matthew Gonda
Phone
7606712345
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Our mission is reflected in our name, which embodies both the diverse pool of talented entertainers that help bring our events to life, as well as the distinguishing variety label that is used on twitch.tv for innovative content creators. We wear our message of hope on our sleeve in our commitment to "helping others, playing everything".”

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS REFLECTED IN OUR NAME, WHICH EMBODIES BOTH THE DIVERSE POOL OF TALENTED ENTERTAINERS THAT HELP BRING OUR EVENTS TO LIFE, AS WELL AS THE DISTINGUISHING VARIETY LABEL THAT IS USED ON TWITCH.TV FOR INNOVATIVE CONTENT CREATORS. WE WEAR OUR MESSAGE OF HOPE ON OUR SLEEVE IN OUR COMMITMENT TO "HELPING OTHERS, PLAYING EVERYTHING".
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DIRECTORS ARE PROVIDED A COPY OF THE 990 PRIOR TO FILING. QUESTIONS FROM ANY DIRECTORS ARE SENT TO THE CPA TO ANSWER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POLICY IS REVIEWED AT LEAST ANNUALLY AND ALL DIRECTORS ARE ROUTINELY MADE AWARE OF THEIR DUTIES.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW GONDA
ReturnHeader/ReturnTs02022-06-17T13:13:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SCOTT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOOTEN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,357
Liabilities
$0
Net assets
$16,357
Revenue
$275,480
Expenses
$266,721
Net income
$8,759
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.22$2.38$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$2.75$2.67$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.65$0.57$0.08