Meals Of Hope Inc
- Assets
- $3.2m
- Revenue
- $11.3m
- Investments
- $0.0
- Employees
- 24
- Location
- Naples, FL
- Founding
- 07/2010
- Data as of
- 12/2020
- EIN
- 27-0268307
Organization Overview
Meals Of Hope Inc is located in Naples, FL. The organization was established in 2010. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Meals Of Hope Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meals Of Hope Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Meals Of Hope Inc generated $11.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 41.3% each year . All expenses for the organization totaled $10.9m during the year ending 12/2020. While expenses have increased by 43.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE OTO INSPIRE AND EMPOWER COMMUNITIES TO COME TOGETHER TO END HUNGER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITIES COMING TOGETHER TO END HUNGER. WE FEED PEOPLE! WE SERVED ABOUT 3,500 FAMILIES PER WEEK THROUGH OUR FOOD PANTRIES AT THE GOLDEN GATE SENIOR CENTER, LELY PRESBYTERIAN CHURCH, MAX HASSE COMMUNITY PARK, EAST NAPLES COMMUNITY PARK, RIVER PARK COMMUNITY CENTER, EMMANUEL COMMUNITY PARK, FARM WORKERS' VILLAGE, ST MARY'S EPISCOPAL CHURCH, FIRST UNITED METHODIST CHURCH, IGLESIA PENTECOSTAL PENIEL AND THE GREATER NAPLES YMCA AND STARTED FOOD DROPS AT TEN OTHER LOCATIONS. WE PACKED AND DONATED MORE THAN 6,779,789 MEALS IN 2021 WITH THE HELP OF OVER 30,000 VOLUNTEERS THROUGHOUT THE COUNTRY. ALL FOOD PACKED IS DONATED TO THE LOCAL FOOD BANKS. WE ALSO DISTRIBUTED MORE THAN 2,500 WEEKEND BACKPACKS PER WEEK DURING THE SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Popper President | Officer | 40 | $150,000 |
Salima Givens Controller | Officer | 40 | $79,783 |
Jacques Groenteman Board Chair | Trustee | 2 | $0 |
Samantha Sheffield Treasurer | Trustee | 1 | $0 |
Mark Matos Director | Trustee | 1 | $0 |
Cindi Hewitt Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,887,994 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$22,305 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,316,871 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $214,214 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $524,814 |
| Pension plan accruals and contributions | $4,047 |
| Other employee benefits | $57,612 |
| Payroll taxes | $54,625 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,653 |
| Fees for services: Accounting | $24,753 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $139,721 |
| Advertising and promotion | $22,165 |
| Office expenses | $10,774 |
| Information technology | $1,329 |
| Royalties | $0 |
| Occupancy | $65,882 |
| Travel | $756 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $32,792 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,194 |
| Insurance | $36,005 |
| All other expenses | $0 |
| Total functional expenses | $10,859,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $736,301 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $185,402 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $214,206 |
| Prepaid expenses and deferred charges | $114,959 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,167,317 |
| Accounts payable and accrued expenses | $105,884 |
| Grants payable | $0 |
| Deferred revenue | $17,540 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,539,882 |
| Unsecured mortgages and notes payable | $128,100 |
| Other liabilities | $0 |
| Total liabilities | $1,791,406 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,375,911 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Meals Of Hope Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Bridge Fund Bonita Springs, FL | | $10,000 |
Robert & Terri Cohn Family Foundation Naples, FL PURPOSE: INSPIRE AND EMPOWER COMMUNITIES TO END HUNGER. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Palm Beach County Food Bank Inc Lake Worth, FL | $16,090,955 | $23,359,181 |
The Agricultural And Labor Program Incorporated Winter Haven, FL | $4,340,661 | $21,365,462 |
Feed The Hungry Pantry Of Palm Beach County Inc Palm Beach Gardens, FL | $2,402,635 | $15,510,300 |
Meals Of Hope Inc Naples, FL | $3,167,317 | $11,316,871 |
Council Services Inc Americus, GA | $11,942,180 | $9,376,326 |
International Care Ministries St Augustine, FL | $1,310,603 | $7,636,096 |
Second Helpings Atlanta Inc Atlanta, GA | $1,164,616 | $7,933,266 |
Georgia Nutritional Services Inc Conyers, GA | $1,305,106 | $6,913,092 |
Housing First Inc Mobile, AL | $744,831 | $5,672,960 |
Waste Not Want Not Inc Orange Park, FL | $437,829 | $4,814,477 |
Feeding Children Everywhere Inc Longwood, FL | $809,762 | $2,692,416 |
No Child Hungry Apopka, FL | $119,876 | $2,167,622 |