Civic Intelligence

Hope Christian School Foundation

990 • Fiscal year 2021 • EIN 90-0995844

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 15, 2021

1545 Wilson AveGrand Rapids, MI 49534

(616) 453-9717

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

94th percentile

72%

Higher net margin than 94% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

81st percentile

44%

Faster asset growth than 81% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

86th percentile

103%

Faster revenue growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$921,291

Up $280,215 (+44%) from 2020

Net Assets

Up

$921,291

Up $280,215 (+44%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$160,466

Up $81,303 (+103%) from 2020

Expenses

Up

$44,520

Up $10,387 (+30%) from 2020

Net Income

Up

$115,946

Up $70,916 (+157%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $1Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $1Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $472,143Liabilities 2016: $0Net Assets 2016: $472,1432016Assets 2017: $534,685Liabilities 2017: $0Net Assets 2017: $534,6852017Assets 2018: $592,262Liabilities 2018: $0Net Assets 2018: $592,2622018Assets 2019: $634,205Liabilities 2019: $0Net Assets 2019: $634,2052019Assets 2020: $641,076Liabilities 2020: $0Net Assets 2020: $641,0762020Assets 2021: $921,291Liabilities 2021: $0Net Assets 2021: $921,2912021Assets 2022: $773,481Liabilities 2022: $0Net Assets 2022: $773,4812022Assets 2023: $822,684Liabilities 2023: $0Net Assets 2023: $822,6842023Assets 2024: $926,210Liabilities 2024: $0Net Assets 2024: $926,2102024Assets 2025: $1,037,181Liabilities 2025: $0Net Assets 2025: $1,037,1812025

Highlighted filing

2021

Assets$921,291
Liabilities$0
Net Assets$921,291

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $61,695Expenses 2016: $23,806Net Income 2016: $37,8892016Revenue 2017: $43,126Expenses 2017: $21,838Net Income 2017: $21,2882017Revenue 2018: $67,359Expenses 2018: $23,325Net Income 2018: $44,0342018Revenue 2019: $101,880Expenses 2019: $43,471Net Income 2019: $58,4092019Revenue 2020: $79,163Expenses 2020: $34,133Net Income 2020: $45,0302020Revenue 2021: $160,466Expenses 2021: $44,520Net Income 2021: $115,9462021Revenue 2022: $135,564Expenses 2022: $55,941Net Income 2022: $79,6232022Revenue 2023: $49,535Expenses 2023: $56,007Net Income 2023: -$6,4722023Revenue 2024: $82,719Expenses 2024: $55,367Net Income 2024: $27,3522024Revenue 2025: $108,585Expenses 2025: $57,042Net Income 2025: $51,5432025

Highlighted filing

2021

Revenue$160,466
Expenses$44,520
Net Income$115,946
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$191,694
Mission and Program Overview

Mission

To raise and invest funds for the purpose of making distributions to hope protestant reformed christian school to be used in their institution.

To raise and invest funds for the purpose of making distributions to hope protestant reformed christian school for use in their educational institution.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$641,076$921,291▲ $280,215
Investments Other Securities$612,738$885,865▲ $273,127
Cash and Non-Interest-Bearing Accounts$28,338$35,426▲ $7,088
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$641,076$921,291▲ $280,215
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$641,076$921,291▲ $280,215
Total Liabilities and Net Assets / Fund Balance$641,076$921,291▲ $280,215

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,056--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason VanoostenbruggePresident
David LangerakBoard Member
Gerald FeenstraBoard Member
Matthew DeboerSecretary
Andrew VeldmanTreasurer
Joshua MeulenbergVice-all
Revenue and Support

Revenue Composition

Contributions and Grants
$129,192
Program Service Revenue
$0
Investment Income
$27,804
Other Revenue
$3,470
All Other Contributions
$96,164
Change in Net Assets
$115,946
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$40,000
Other Expenses$4,520
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$40,000--$40,000
Fees for Service Investment Mgmnt Fees-$3,444-$3,444
Fees for Services Accounting-$850-$850
Other Expenses-$226-$226
Total Functional Expenses$40,000$4,520$0$44,520
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hope Protestant Reformed Christian SchoolGrand Rapids, MI501(c)(3)Distributions Are Paid to Reduce the Cost of Tuition for Families Attending Hope Protestant Reformed Chr School$40,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$34,698
Fundraising Direct Expenses$31,228
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Scramble$49,276$34,698$22,148$12,550
Sporting Clays$18,450-$7,130-
Total Events$67,726$34,698$31,228$3,470
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
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
No
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

Line 10 - the tax return was reviewed by the treasurer who reported to the board at the subsequent meeting.

Form 990, Part VI, Section C, Line 19

The documents are available to the public upon request by the individual or organization.

Filing and Contact Details

Filer

Filer Name
Hope Christian School Foundation
EIN
90-0995844
Phone
6164539717
Address
1545 WILSON AVE, GRAND RAPIDS, MI 49534

Signing Officer

Name
Andrew Veldman
Title
Treasurer
Phone
6164539717
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Veldman
Formed
2012
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Kaptein Dykstra & Company Pc
Address
PO BOX 934, GRANDVILLE, MI 49468-0934
Preparer
Matthew J Rutgers CPA
Phone
6165308712
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION SUPPORTS HOPE PROTESTANT REFORMED CHRISTIAN SCHOOL. THE ORGANIZATION DIRECTLY FURTHERED HOPE PROTESTANT REFORMED CHRISTIAN SCHOOL'S EXEMPT PURPOSE BY HOLDING TITLE TO AND MANAGING EXEMPT-USE ASSETS AND BY MAKING DISTRIBUTIONS FROM THESE EXEMPT-USE ASSETS TO HOPE PROTESTANT REFORMED CHRISTIAN SCHOOL TO BE USED IN THEIR ORGANIZATION. THE ORGANIZATION IS RESPONSIVE TO THE SUPPORTED ORGANIZATION BECAUSE AT LEAST ONE MEMBER OF THE GOVERNING BODY OF HOPE PROTESTANT REFORMED CHRISTIAN SCHOOL ALSO SERVES AS A DIRECTOR OF THE ORGANIZATION. THE ORGANIZATION DETERMINED THAT THESE ACTIVITIES CONSTITUTE SUBSTANTIALLY ALL OF ITS ACTIVITIES BECAUSE THIS IS THE ORGANIZATION'S MISSION AS STATED IN PART III OF FORM 990.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1HOPE PROTESTANT REFORMED CHRISTIAN SCHOOL WOULD HOLD TITLE TO AND MANAGE THESE EXEMPT-USE ASSETS IF THE ORGANIZATION DID NOT. HOWEVER, FOR VARIOUS REASONS, HOPE PROTESTANT REFORMED CHRISTIAN SCHOOL BELIEVES IT IS MORE BENEFICIAL FOR THE ORGANIZATION TO HOLD TITLE AND MANAGE THESE EXEMPT-USE ASSETS.
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt034698
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt034698
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt03470
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01950
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01950
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt029278
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07130
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt022148
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt040000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DISTRIBUTIONS ARE PAID TO REDUCE THE COST OF TUITION FOR FAMILIES ATTENDING HOPE PROTESTANT REFORMED CHR SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HOPE PROTESTANT REFORMED CHRISTIAN SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0381368339
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01545 WILSON AVE SW
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GRAND RAPIDS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd049534
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MONTHLY REPORTING TO THE FOUNDATION BY THE RECIPIENT BOARD REGARDING THE USE OF THE FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 10 - THE TAX RETURN WAS REVIEWED BY THE TREASURER WHO REPORTED TO THE BOARD AT THE SUBSEQUENT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST BY THE INDIVIDUAL OR ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOPE PROTESTANT REFORMED CHRISTIAN SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0381368339
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION INSTITUTION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01545 WILSON AVE SW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GRAND RAPIDS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd049534
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0641076
IRS990/TotalAssetsEOYAmt0921291
IRS990/TotalAssetsGrp/BOYAmt0641076
IRS990/TotalAssetsGrp/EOYAmt0921291
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0129192
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04520
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt040000
IRS990/TotalFunctionalExpensesGrp/TotalAmt044520
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0641076
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0921291
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt040000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03470
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027804
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0160466
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0641076
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0921291
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01545 WILSON AVE
IRS990/USAddress/CityNm0GRAND RAPIDS
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049534
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREW VELDMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06164539717
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOPE CHRISTIAN SCHOOL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0900995844
ReturnHeader/Filer/PhoneNum06164539717
ReturnHeader/Filer/USAddress/AddressLine1Txt01545 WILSON AVE
ReturnHeader/Filer/USAddress/CityNm0GRAND RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049534
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382939866
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KAPTEIN DYKSTRA & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 934
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRANDVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0494680934
ReturnHeader/PreparerPersonGrp/PhoneNum06165308712
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW J RUTGERS CPA
ReturnHeader/ReturnTs02021-11-15T13:36:47-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANDREW
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VELDMAN
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30

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