Civic Intelligence

Rising Hope

EIN 87-3297215 • 501(c)3 • Rural Hall, NC

Pub. 78 EligibleNTEE F30

Profile

The primary purpose of rising hope is to improve and enhance the mental and physcial health of all people, by providing oupatient services to those in need, while educating and promoting awareness of mental health issues to the community.

1592 Kilstrom StreetRural Hall, NC 27045
Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

NTEE F30 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

54th percentile

0.00x

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

NTEE F30 • <$500k nonprofits • Source year 2022

Net Margin

40th percentile

1.8%

Higher net margin than 40% of similar nonprofits.

NTEE F30 • <$500k nonprofits • Source year 2022

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

NTEE F30 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Balance Sheet
Liabilities / Assets49th percentile

Assets

$67,281

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$67,281

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue54th percentileNet Margin40th percentile

Revenue

$15,798

No earlier filing loaded for comparison.

Expenses

$15,517

No earlier filing loaded for comparison.

Net Income

$281

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$80K$60K$40K$20K$0Assets 2022: $67,281Liabilities 2022: $0Net Assets 2022: $67,2812022

Highlighted filing

2022

Assets$67,281
Liabilities$0
Net Assets$67,281
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$20K$15K$10K$5.0K$0Revenue 2022: $15,798Expenses 2022: $15,517Net Income 2022: $2812022

Highlighted filing

2022

Revenue$15,798
Expenses$15,517
Net Income$281
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$67,281
Liabilities
$0
Net assets
$67,281
Revenue
$15,798
Expenses
$15,517
Net income
$281
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$67.3$0.00$67.3$15.8$15.5$0.28
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$15,798
Mission and Program Overview

Mission

The primary purpose of rising hope is to improve and enhance the mental and physcial health of all people, by providing oupatient services to those in need, while educating and promoting awareness of mental health issues to the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$281-
Total Assets$0$67,281▲ $67,281
Other Assets Total-$67,000-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$67,000-
Net Assets Without Donor Restrictions-$281-
Total Net Assets Fund Balance$0$67,281▲ $67,281
Total Liabilities and Net Assets / Fund Balance$0$67,281▲ $67,281

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$67,000--
Compensation and Service Providers
Top Officer Pay69th percentile

Board Members and Trustees

NameTitle
Justina a OkonkwoChairmane of the Board of Director
Dawn NxasanaDirector
Nora IwunzeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$4,398
Program Service Revenue
$11,400
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,398
Change in Net Assets
$281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,517
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
Other Expenses$6,651--$6,651
Insurance$2,845--$2,845
Travel$360--$360
All Other Expenses$175--$175
Total Functional Expenses$15,517$0$0$15,517
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
Yes
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 governing body review Part VI line 11

“The governing body has reviewed the 990 before the final copy was submitted to the irs. The governing body also has the right to review the final copy 990 held in the archives at the office.”

Conflict of interest policy compliance Part VI line 12C

“The corporation has a conflict of interest policy that protect the tax-exempt interest of rising hope inc.”

Governing documents etc available to public Part VI line 19

“The organization copy of the 990 is available to the public, per request, during normal business hours monday-friday from 9am to 5pm.”

Filing and Contact Details

Filer

Filer Name
Rising Hope Inc
EIN
87-3297215
Address
1592 KILSTROM STREET, Rural Hall, NC 27045

Signing Officer

Name
Justina a Okonkwo
Title
Chairmane of Th
Phone
4077801950
Signed
2023-05-15
Discuss with paid preparer
No

Organization Details

Formed
2021
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
1
Employees
0

Preparer

Firm
Terrelong Enterprise Tax Service
Address
1105 EAST WENDOVER AVE SUITE D, Greensboro, NC 27405
Preparer
Mary Ann Adams
Phone
3362351912
Supplemental Narrative

Additional Explanations

Part XII Response or note to any line in Part XII

“Rising hope received an in-kind donation of $67,000 from justina a. Okonkwo during 2022, for providing services to the clinic as the medical director.”

Raw XML Appendix273 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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990ProvidedToGvrnBodyInd0true
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IRS990/GrantAmt04398
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IRS990/MethodOfAccountingAccrualInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RISING HOPE RECEIVED AN IN-KIND DONATION OF $67,000 FROM JUSTINA A. OKONKWO DURING 2022, FOR PROVIDING SERVICES TO THE CLINIC AS THE MEDICAL DIRECTOR.
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMANE OF TH
ReturnHeader/BusinessOfficerGrp/PhoneNum04077801950
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ReturnHeader/Filer/BusinessNameControlTxt0RISI
ReturnHeader/Filer/EIN0873297215
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027405
ReturnHeader/PreparerPersonGrp/PhoneNum03362351912
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY ANN ADAMS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-15T18:15:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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