Civic Intelligence

Marshmallow'S Hope Nonprofit

EIN 85-3140746 • 501(c)3 • Rockford, IL

Profile

We are the voice for those who feel they don't have one. We believe the power of compassion, connection, and hope will aid in the creation of bonds that will empower those we serve to build trust, overcome challenges, and create pathways to perseverance. We aim for a unifying approach on prioritizing mental health, delivering education, and eradicating cultural stigmas. We strive to prevent suicide by eliminating access barriers to care, facilitating mentorship programs, and connecting our clients to a comprehensive offering of support groups through our community partners, and providing graceful postvention support accepting those on their path to resilience.

1280 S Alpine RoadRockford, IL 61108

marshmallowshope.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.02x

Higher debt load relative to assets than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.02x

Higher debt load relative to revenue than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

94th percentile

70%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

58th percentile

$79,901

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

99th percentile

608%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

570%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,048,013

Up $1,758,833 (+608%) from 2023

Liabilities

Up

$50,286

Up $50,286 from 2023

Net Assets

Up

$1,997,727

Up $1,708,547 (+591%) from 2023

Revenue

Up

$2,424,898

Up $2,062,828 (+570%) from 2023

Expenses

Up

$716,351

Up $570,138 (+390%) from 2023

Net Income

Up

$1,708,547

Up $1,492,690 (+692%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2022: $53,323Net Assets 2022: $53,3232022Assets 2023: $289,180Liabilities 2023: $0Net Assets 2023: $289,1802023Assets 2024: $2,048,013Liabilities 2024: $50,286Net Assets 2024: $1,997,7272024

Highlighted filing

2024

Assets$2,048,013
Liabilities$50,286
Net Assets$1,997,727

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0Revenue 2022: $54,552Expenses 2022: $31,461Net Income 2022: $23,0912022Revenue 2023: $362,070Expenses 2023: $146,213Net Income 2023: $215,8572023Revenue 2024: $2,424,898Expenses 2024: $716,351Net Income 2024: $1,708,5472024

Highlighted filing

2024

Revenue$2,424,898
Expenses$716,351
Net Income$1,708,547

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 30, 2025
Return Version
2024v5.0
Gross Receipts
$2,431,058
Mission and Program Overview

Mission

At Marshmallow's Hope our mission is to prevent youth veteran first responder and servicemember suicides by providing pro bono counseling. We amplify the voices of those unheard fostering compassion connection and hope. Prioritizing mental health we break down stigmas through education ensuring access to care mentorship programs and support groups. Our graceful postvention support aids individuals on their path to resilience. We envision a world where mental health is prioritized stigma is dismantled and everyone facing challenges finds the support to thrive. Through collaboration and compassion we strive to make this vision a reality in 100 words or less.

We are the voice for those who feel they don't have one. We believe the power of compassion, connection, and hope will aid in the creation of bonds that will empower those we serve to build trust, overcome challenges, and create pathways to perseverance. We aim for a unifying approach on prioritizing mental health, delivering education, and eradicating cultural stigmas. We strive to prevent suicide by eliminating access barriers to care, facilitating mentorship programs, and connecting our clients to a comprehensive offering of support groups through our community partners, and providing graceful postvention support accepting those on their path to resilience.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$164,728$981,162▲ $816,434
Savings and Temporary Cash Investments-$905,897-
Accounts Receivable$40,452$111,930▲ $71,478
Cash and Non-Interest-Bearing Accounts$84,000$43,264▼ $40,736
Total Assets$289,180$2,048,013▲ $1,758,833
Other Assets Total-$5,760-
Liabilities
Accounts Payable and Accrued Expenses-$50,286-
Total Liabilities$0$50,286▲ $50,286
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$289,180$1,997,727▲ $1,708,547
Total Net Assets Fund Balance$289,180$1,997,727▲ $1,708,547
Total Liabilities and Net Assets / Fund Balance$289,180$2,048,013▲ $1,758,833

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$813,036$12,298$825,334
Land$124,905-$124,905
Equipment$28,566$3,333$31,899
Other Land Buildings$14,655$1,890$16,545
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laura KaneExecutive DiFT$79,901$79,901

Board Members and Trustees

NameTitle
Richard FosterPresident
Elizabeth SquiresBoard Member
Todd HooksFinancial of
Raechal CarrolSecretary
Lana BarkerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,386,386
Program Service Revenue
$0
Investment Income
$10,057
Other Revenue
$28,455
All Other Contributions
$38,025
Change in Net Assets
$1,708,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$450,014
Other Expenses$266,337
Total Fundraising Expense$27,099
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$213,315$25,096$12,548$250,959
Payroll Taxes$101,281$11,915$5,958$119,154
Insurance$94,263--$94,263
Current Officers, Directors, Trustees, and Key Employees$67,916$7,990$3,995$79,901
Fees for Services Other$48,238$8,513-$56,751
Office Expenses$41,465$4,878$2,439$48,782
Depreciation Depletion$14,893$1,752$876$17,521
Occupancy$6,870$808$404$8,082
Travel$4,345$511$256$5,112
Conferences and Meetings-$3,926-$3,926
Advertising$3,211$378$189$3,778
Other Expenses$4,076$2,839$296$2,839
All Other Expenses$2,341$275$138$2,754
Total Functional Expenses$619,780$69,472$27,099$716,351
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$34,615
Fundraising Direct Expenses$6,160
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$34,615$34,615$6,160$28,455
Total Events$34,615$34,615$6,160$28,455
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

Once the 990 is final, it will be sent to each board member who have 2 days to review and provide written approval to or updates/changes to any of the information on the 990. If there are changes, it will be updated and sent for board review and approval again.

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

Annual compliance review: the organization conducts an annual review of compliance with the conflict-of-interest policy. This review includes an assessment of the number of conflict-of-interest disclosures received, the actions taken to address disclosed conflicts, and any instances of non- compliance. Training and education: all members of the organization, including employees, volunteers, board members, and officers, receive training on the conflict-of-interest policy upon joining the organization and undergo periodic refresher training sessions. These sessions cover the policy's provisions, procedures for disclosing conflicts of interest, and the importance of ethical conduct. Documentation and reporting: the organization maintains detailed documentation of all conflict-of-interest disclosures, reviews, and actions taken to manage conflicts. This documentation is regularly reviewed by the designated individual or committee responsible for overseeing conflicts of interest to ensure compliance with the policy. Internal controls: the organization has internal controls in place to identify and address potential conflicts of interest proactively. These controls may include segregation of duties, review processes for financial transactions involving related parties, and oversight mechanisms for decision-making involving conflicts of interest. Anonymous reporting mechanism: the organization provides a confidential and anonymous reporting mechanism for individuals to report suspected violations of the conflict-of-interest policy. This encourages transparency and allows for the prompt investigation of any alleged breaches of the policy. By implementing these monitoring and enforcement measures, the organization ensures that compliance with the conflict-of-interest policy remains a priority and that any instances of non-compliance are promptly addressed.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
MARSHMALLOW'S HOPE NONPROFIT
EIN
85-3140746
Phone
6083529256
Address
1280 S ALPINE ROAD, ROCKFORD, IL 61108

Signing Officer

Name
Laura Kane
Title
Executive Director
Phone
6083529256
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Foster
Formed
2020
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
21
Volunteers
40

Preparer

Firm
Jason F Clausen Pc
Address
16650 15 MILE RD, FRASER, MI 48026
Preparer
Jason F Clausen
Phone
5862164673
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

We are the voice for those who feel they don't have one. We believe the power of compassion, connection, and hope will aid in the creation of bonds that will empower those we serve to build trust, overcome challenges, and create pathways to perseverance. We aim for a unifying approach on prioritizing mental health, delivering education, and eradicating cultural stigmas. We strive to prevent suicide by eliminating access barriers to care, facilitating mentorship programs, and connecting our clients to a comprehensive offering of support groups through our community partners, and providing graceful postvention support accepting those on their path to resilience.

Form 990, Page 2, Part III, Line 4A

This year, marshmallows hope has made significant strides in expanding our reach and enhancing our services to better serve youth and families in need. One of our most notable accomplishments was the purchase of our very own building, providing us with a permanent and dedicated space to continue our mission of suicide prevention and mental health support.additionally, we expanded our team by hiring 14 new employees, allowing us to increase our capacity and improve the quality of care we provide. As part of our growth, we now proudly serve seven counties across illinois, offering essential services such as therapeutic mentorship and family peer support.a major milestone for our organization this year was the launch of the only intensive outpatient program (iop) in our service area. This program is designed to offer critical, structured mental health support to individuals in need, filling a significant gap in accessible care within our community.these accomplishments reflect our ongoing commitment to providing life-saving resources and support to youth and families, ensuring they have access to the care and guidance they need.

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IRS990/Desc0THIS YEAR, MARSHMALLOWS HOPE HAS MADE SIGNIFICANT STRIDES IN EXPANDING OUR REACH AND ENHANCING OUR SERVICES TO BETTER SERVE YOUTH AND FAMILIES IN NEED. ONE OF OUR MOST NOTABLE ACCOMPLISHMENTS WAS THE PURCHASE OF OUR VERY OWN BUILDING, PROVIDING US WITH A PERMANENT AND DEDICATED SPACE TO CONTINUE OUR MISSION OF SUICIDE PREVENTION AND MENTAL HEALTH SUPPORT.ADDITIONALLY, WE EXPANDED OUR TEAM BY HIRING 14 NEW EMPLOYEES, ALLOWING US TO INCREASE OUR CAPACITY AND IMPROVE THE QUALITY OF CARE WE PROVIDE. AS PART OF OUR GROWTH, WE NOW PROUDLY SERVE SEVEN COUNTIES ACROSS ILLINOIS, OFFERING ESSENTIAL SERVICES SUCH AS THERAPEUTIC MENTORSHIP AND FAMILY PEER SUPPORT.A MAJOR MILESTONE FOR OUR ORGANIZATION THIS YEAR WAS THE LAUNCH OF THE ONLY INTENSIVE OUTPATIENT PROGRAM (IOP) IN OUR SERVICE AREA. THIS PROGRAM IS DESIGNED TO OFFER CRITICAL, STRUCTURED MENTAL HEALTH SUPPORT TO INDIVIDUALS IN NEED, FILLING A SIGNIFICANT GAP IN ACCESSIBLE CARE WITHIN OUR COMMUNITY.THESE ACCOMPLISHMENTS REFLECT OUR ONGOING COMMITMENT TO PROVIDING LIFE-SAVING RESOURCES AND SUPPORT TO YOUTH AND FAMILIES, ENSURING THEY HAVE ACCESS TO THE CARE AND GUIDANCE THEY NEED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WE ARE THE VOICE FOR THOSE WHO FEEL THEY DON'T HAVE ONE. WE BELIEVE THE POWER OF COMPASSION, CONNECTION, AND HOPE WILL AID IN THE CREATION OF BONDS THAT WILL EMPOWER THOSE WE SERVE TO BUILD TRUST, OVERCOME CHALLENGES, AND CREATE PATHWAYS TO PERSEVERANCE. WE AIM FOR A UNIFYING APPROACH ON PRIORITIZING MENTAL HEALTH, DELIVERING EDUCATION, AND ERADICATING CULTURAL STIGMAS. WE STRIVE TO PREVENT SUICIDE BY ELIMINATING ACCESS BARRIERS TO CARE, FACILITATING MENTORSHIP PROGRAMS, AND CONNECTING OUR CLIENTS TO A COMPREHENSIVE OFFERING OF SUPPORT GROUPS THROUGH OUR COMMUNITY PARTNERS, AND PROVIDING GRACEFUL POSTVENTION SUPPORT ACCEPTING THOSE ON THEIR PATH TO RESILIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS YEAR, MARSHMALLOWS HOPE HAS MADE SIGNIFICANT STRIDES IN EXPANDING OUR REACH AND ENHANCING OUR SERVICES TO BETTER SERVE YOUTH AND FAMILIES IN NEED. ONE OF OUR MOST NOTABLE ACCOMPLISHMENTS WAS THE PURCHASE OF OUR VERY OWN BUILDING, PROVIDING US WITH A PERMANENT AND DEDICATED SPACE TO CONTINUE OUR MISSION OF SUICIDE PREVENTION AND MENTAL HEALTH SUPPORT.ADDITIONALLY, WE EXPANDED OUR TEAM BY HIRING 14 NEW EMPLOYEES, ALLOWING US TO INCREASE OUR CAPACITY AND IMPROVE THE QUALITY OF CARE WE PROVIDE. AS PART OF OUR GROWTH, WE NOW PROUDLY SERVE SEVEN COUNTIES ACROSS ILLINOIS, OFFERING ESSENTIAL SERVICES SUCH AS THERAPEUTIC MENTORSHIP AND FAMILY PEER SUPPORT.A MAJOR MILESTONE FOR OUR ORGANIZATION THIS YEAR WAS THE LAUNCH OF THE ONLY INTENSIVE OUTPATIENT PROGRAM (IOP) IN OUR SERVICE AREA. THIS PROGRAM IS DESIGNED TO OFFER CRITICAL, STRUCTURED MENTAL HEALTH SUPPORT TO INDIVIDUALS IN NEED, FILLING A SIGNIFICANT GAP IN ACCESSIBLE CARE WITHIN OUR COMMUNITY.THESE ACCOMPLISHMENTS REFLECT OUR ONGOING COMMITMENT TO PROVIDING LIFE-SAVING RESOURCES AND SUPPORT TO YOUTH AND FAMILIES, ENSURING THEY HAVE ACCESS TO THE CARE AND GUIDANCE THEY NEED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ONCE THE 990 IS FINAL, IT WILL BE SENT TO EACH BOARD MEMBER WHO HAVE 2 DAYS TO REVIEW AND PROVIDE WRITTEN APPROVAL TO OR UPDATES/CHANGES TO ANY OF THE INFORMATION ON THE 990. IF THERE ARE CHANGES, IT WILL BE UPDATED AND SENT FOR BOARD REVIEW AND APPROVAL AGAIN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL COMPLIANCE REVIEW: THE ORGANIZATION CONDUCTS AN ANNUAL REVIEW OF COMPLIANCE WITH THE CONFLICT-OF-INTEREST POLICY. THIS REVIEW INCLUDES AN ASSESSMENT OF THE NUMBER OF CONFLICT-OF-INTEREST DISCLOSURES RECEIVED, THE ACTIONS TAKEN TO ADDRESS DISCLOSED CONFLICTS, AND ANY INSTANCES OF NON- COMPLIANCE. TRAINING AND EDUCATION: ALL MEMBERS OF THE ORGANIZATION, INCLUDING EMPLOYEES, VOLUNTEERS, BOARD MEMBERS, AND OFFICERS, RECEIVE TRAINING ON THE CONFLICT-OF-INTEREST POLICY UPON JOINING THE ORGANIZATION AND UNDERGO PERIODIC REFRESHER TRAINING SESSIONS. THESE SESSIONS COVER THE POLICY'S PROVISIONS, PROCEDURES FOR DISCLOSING CONFLICTS OF INTEREST, AND THE IMPORTANCE OF ETHICAL CONDUCT. DOCUMENTATION AND REPORTING: THE ORGANIZATION MAINTAINS DETAILED DOCUMENTATION OF ALL CONFLICT-OF-INTEREST DISCLOSURES, REVIEWS, AND ACTIONS TAKEN TO MANAGE CONFLICTS. THIS DOCUMENTATION IS REGULARLY REVIEWED BY THE DESIGNATED INDIVIDUAL OR COMMITTEE RESPONSIBLE FOR OVERSEEING CONFLICTS OF INTEREST TO ENSURE COMPLIANCE WITH THE POLICY. INTERNAL CONTROLS: THE ORGANIZATION HAS INTERNAL CONTROLS IN PLACE TO IDENTIFY AND ADDRESS POTENTIAL CONFLICTS OF INTEREST PROACTIVELY. THESE CONTROLS MAY INCLUDE SEGREGATION OF DUTIES, REVIEW PROCESSES FOR FINANCIAL TRANSACTIONS INVOLVING RELATED PARTIES, AND OVERSIGHT MECHANISMS FOR DECISION-MAKING INVOLVING CONFLICTS OF INTEREST. ANONYMOUS REPORTING MECHANISM: THE ORGANIZATION PROVIDES A CONFIDENTIAL AND ANONYMOUS REPORTING MECHANISM FOR INDIVIDUALS TO REPORT SUSPECTED VIOLATIONS OF THE CONFLICT-OF-INTEREST POLICY. THIS ENCOURAGES TRANSPARENCY AND ALLOWS FOR THE PROMPT INVESTIGATION OF ANY ALLEGED BREACHES OF THE POLICY. BY IMPLEMENTING THESE MONITORING AND ENFORCEMENT MEASURES, THE ORGANIZATION ENSURES THAT COMPLIANCE WITH THE CONFLICT-OF-INTEREST POLICY REMAINS A PRIORITY AND THAT ANY INSTANCES OF NON-COMPLIANCE ARE PROMPTLY ADDRESSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LAURA KANE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-30
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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