Oakland Hope
- Assets
- $2.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 17
- Location
- Pontiac, MI
- Founding
- 11/2013
- Data as of
- 12/2023
- EIN
- 30-0761243
Organization Overview
Oakland Hope is located in Pontiac, MI. The organization was established in 2013. 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. As of 12/2023, Oakland Hope employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oakland Hope 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 12/2023, Oakland Hope generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 5.0% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MOTIVATED BY THE LOVE OF GOD TO ALLEVIATE HUNGER AND EMPOWER LIVES; OAKLAND HOPE IS A ONE-STOP-SHOP MINISTERING TO STRUGGLING FAMILITES. WE AIM TO PROVIDE A COLLABORATIVE WORK ENVIRONMENT WITH ALL THE HUMANITARIAN SERVICES MOST REQUESTED BY FAMILIES IN NEED, INCLUDING: FOOD PANTRY, DEPT OF HUMAN SERVICES, MI BRIDGE, CREDIT COUNSELING, WIC NUTRITION PROGRAM, VETERAN ASSISTANCE, TAX ASSISTANCE, MENTORING, JOB TRAINING AND PLACEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THRIFT STORE TO SELL DONATED GOODS TO PROVIDE JOB TRAINING AND FUNDRAISING SOURCE FOR OUR OTHER PROGRAMS AND OPERATING COSTS.
OTHER
FOOD PANTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norma Okonski Executive Di | OfficerTrustee | 40 | $41,600 |
Bill Ballard Director | Trustee | $0 | |
Tim Campbell Director | Trustee | $0 | |
Dick Larsen Director | Trustee | $0 | |
Pastor Peter Mannering Director, Tr | OfficerTrustee | $0 | |
Dan Rucker Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $904,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $749,750 |
| Noncash contributions included in lines 1a–1f | $469,852 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,653,750 |
| Total Program Service Revenue | $445,091 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | -$469,852 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,659,887 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $327,761 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,793 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,611 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $227,159 |
| Advertising and promotion | $1,812 |
| Office expenses | $10,403 |
| Information technology | $6,796 |
| Royalties | $0 |
| Occupancy | $1,849 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $63,072 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,511 |
| Insurance | $23,249 |
| All other expenses | -$7,569 |
| Total functional expenses | $1,209,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,060 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,561,067 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $8,117 |
| Other assets | $7,109 |
| Total assets | $2,820,353 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,956,574 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,866 |
| Total liabilities | $1,959,440 |
| Net assets without donor restrictions | $718,804 |
| Net assets with donor restrictions | $142,109 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,820,353 |