Civic Intelligence

Hope Grows Inc.

990EZ • Fiscal year 2023 • EIN 88-3890281

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

W580 Garton RoadSheboygan, WI 53083

(920) 565-2105

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.17x

Higher debt load relative to assets than 83% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

85th percentile

0.15x

Higher debt load relative to revenue than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

88th percentile

44%

Higher net margin than 88% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

93rd percentile

116%

Faster asset growth than 93% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

87th percentile

77%

Faster revenue growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$65,187

Up $34,962 (+116%) from 2022

Net Assets

Up

$54,347

Up $30,750 (+130%) from 2022

Liabilities

Up

$10,840

Up $4,212 (+64%) from 2022

Revenue

Up

$70,680

Up $30,680 (+77%) from 2022

Expenses

Up

$39,930

Up $23,527 (+143%) from 2022

Net Income

Up

$30,750

Up $7,153 (+30%) from 2022

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2022: $30,225Liabilities 2022: $6,628Net Assets 2022: $23,5972022Assets 2023: $65,187Liabilities 2023: $10,840Net Assets 2023: $54,3472023Assets 2024: $33,247Liabilities 2024: $189Net Assets 2024: $33,0582024

Highlighted filing

2023

Assets$65,187
Liabilities$10,840
Net Assets$54,347

Operations Trend

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

$100K$50K$0-$50KRevenue 2022: $40,000Expenses 2022: $16,403Net Income 2022: $23,5972022Revenue 2023: $70,680Expenses 2023: $39,930Net Income 2023: $30,7502023Revenue 2024: $12,496Expenses 2024: $33,785Net Income 2024: -$21,2892024

Highlighted filing

2023

Revenue$70,680
Expenses$39,930
Net Income$30,750
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.0
Gross Receipts
$70,680
Mission and Program Overview

Mission

Organizations primary purpose is provide support of philanthropic education.

Program Services

DescriptionGrantsExpenses
IN 2023, HOPE GROWS GRANTED 20,500 IN LEAP GRANTS TO 6 501(C)3 ORGANIZATIONS THROUGHOUT KANE COUNTY ILLINOIS.$20,500$20,500
LEAP (LEADERSHIP/EDUCATION/ALTRUISM/PHILANTHROPY) IS A GROUP OF 48 HIGH SCHOOL STUDENTS WHO MEET MONTHLY TO LEARN THE BUSINESS, ART, AND SCIENCE OF PHILANTHROPY THOUGH A 2 YEAR PROGRAM UTILIZING CURRICULUM CREATED BY THE THREE PILLARS INITIATIVE. STUDENTS WILL GRANT FUNDS TO 501(C)3 ORGANIZATION IN THE SPRING OF 2024.-$19,430
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAY W CHRISTOPHERPresident-$0--
ERIKA LUSTHOFFVice Preside-$0--
ELLEN ODOMSecretary &T-$0--
Filing and Contact Details

Filer

Filer Name
Hope Grows Inc
EIN
88-3890281
Address
W580 GARTON ROAD, SHEBOYGAN, WI 53083

Signing Officer

Name
Ellen Odom
Title
Secretary &treasurer
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Gray Hunter Stenn Llp
Address
1200 HARGER RD SUITE 521, OAK BROOK, IL 60523-1819
Preparer
James G Stewart
Phone
6305714900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses website 380 promotional 690 apparel 681 bank fees 186 meetings 3,247 insurance 264 curriculum expenses 13,438 total 18,886

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 6,628 10,840

Form 990-ez, Part III

Organizations primary purpose is provide support of philanthropic education.

Form 990-ez, Part III, Line 28

Leap (leadership/education/altruism/philanthropy) is a group of 48 high school students who meet monthly to learn the business, art, and science of philanthropy though a 2 year program utilizing curriculum created by the three pillars initiative. Students will grant funds to 501(c)3 organization in the spring of 2024.

Form 990-ez, Part III, Line 31

In 2023, hope grows granted 20,500 in leap grants to 6 501(c)3 organizations throughout kane county illinois.

Raw XML Appendix128 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0JAY CHRISTOPHER
IRS990EZ/BooksInCareOfDetail/PhoneNum09205652105
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0W580 GARTON RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SHEBOYGAN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd053083
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt030225
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IRS990EZ/ExcessOrDeficitForYearAmt030750
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0492
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt030225
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt020500
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt018886
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ORGANIZATIONS PRIMARY PURPOSE IS PROVIDE SUPPORT OF PHILANTHROPIC EDUCATION.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1IN 2023, HOPE GROWS GRANTED 20,500 IN LEAP GRANTS TO 6 501(C)3 ORGANIZATIONS THROUGHOUT KANE COUNTY ILLINOIS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt020500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt019430
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt120500
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt06628
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt010840
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt039930
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IRS990EZ/TotalRevenueAmt070680
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.HOPEGROWSNFP.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt070680
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt040000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0110680
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt070680
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt040000
IRS990ScheduleA/Total509Grp/TotalAmt0110680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt070680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt040000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0110680
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES WEBSITE 380 PROMOTIONAL 690 APPAREL 681 BANK FEES 186 MEETINGS 3,247 INSURANCE 264 CURRICULUM EXPENSES 13,438 TOTAL 18,886
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 6,628 10,840
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATIONS PRIMARY PURPOSE IS PROVIDE SUPPORT OF PHILANTHROPIC EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LEAP (LEADERSHIP/EDUCATION/ALTRUISM/PHILANTHROPY) IS A GROUP OF 48 HIGH SCHOOL STUDENTS WHO MEET MONTHLY TO LEARN THE BUSINESS, ART, AND SCIENCE OF PHILANTHROPY THOUGH A 2 YEAR PROGRAM UTILIZING CURRICULUM CREATED BY THE THREE PILLARS INITIATIVE. STUDENTS WILL GRANT FUNDS TO 501(C)3 ORGANIZATION IN THE SPRING OF 2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN 2023, HOPE GROWS GRANTED 20,500 IN LEAP GRANTS TO 6 501(C)3 ORGANIZATIONS THROUGHOUT KANE COUNTY ILLINOIS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELLEN ODOM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY &TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
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ReturnHeader/Filer/EIN0883890281
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ReturnHeader/Filer/USAddress/CityNm0SHEBOYGAN
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAK BROOK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0605231819
ReturnHeader/PreparerPersonGrp/PhoneNum06305714900
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES G STEWART
ReturnHeader/ReturnTs02024-11-14T17:17:12-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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