Hope Food Bank
- Assets
- $41.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- White House, TN
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 27-2768924
Organization Overview
Hope Food Bank is located in White House, TN. The organization was established in 2010. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Food Bank 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 12/2021, Hope Food Bank generated $17.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $26.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED 511 NEEDY PEOPLE WITH FOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Earl Beasley Director | 0.3 | $0 | |
Joe Helwig Director | 0.3 | $0 | |
Troy Russell President | 0.5 | $0 | |
Kathey Williams Secretary | 0.5 | $0 | |
David Davis Director | 0.3 | $0 | |
Patricia Robinson Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,787 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $45 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,832 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,311 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,275 |
| Total expenses | $26,586 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,001 |
| Other assets | $0 |
| Total assets | $41,563 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,563 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Food Bank Of East Alabama Inc Auburn, AL | $5,482,740 | $10,353,007 |
West Alabama Food Bank Inc Northport, AL | $6,135,575 | $9,116,347 |
Georgia Mountain Food Bank Inc Gainesville, GA | $3,687,174 | $8,678,938 |
Arlington Food Assistance Center Arlington, VA | $10,923,137 | $8,776,012 |
Foodbank Of North Central Arkansas Norfork Community Care Program Inc Norfork, AR | $3,972,455 | $5,577,020 |
Healthy Harvest Food Bank Inc Warsaw, VA | $3,746,994 | $6,443,938 |
Federation Of Virginia Food Banks Richmond, VA | $1,700,270 | $4,414,644 |
Loaves & Fishes Food Pantry Inc Charlottesville, VA | $3,765,333 | $4,882,218 |
Hospitality Pantries Inc Knoxville, TN | $3,211,850 | $4,654,176 |
Smyrna-Lavergne Food Bank Murfreesboro, TN | $2,393,022 | $4,605,717 |
Peace Pantry Cedar Hill, MO | $1,516,530 | $3,477,092 |
Kanbes Markets Kansas City, MO | $832,431 | $3,049,996 |