Nourishing Hope
- Assets
- $8.8m
- Revenue
- $13.7m
- Investments
- $0.0
- Employees
- 61
- Location
- Chicago, IL
- Founding
- 04/1972
- Data as of
- 03/2022
- EIN
- 36-2734184
Organization Overview
Nourishing Hope is located in Chicago, IL. The organization was established in 1972. 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 03/2022, Nourishing Hope employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nourishing 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 03/2022, Nourishing Hope generated $13.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $13.9m during the year ending 03/2022. While expenses have increased by 17.2% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FOOD ASSISTANCE AND MENTAL HEALTH TO CHICAGO COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOURISHING HOPE WAS FOUNDED IN 1970 AND IS CHICAGO'S LARGEST FOOD PANTRY. THROUGH ITS EMERGENCY FOOD AND SOCIAL SERVICE PROGRAMS, THE PANTRY SERVES OVER 60,000 INDIVIDUALS AND DISTRIBUTES OVER 2.3 MILLION MEALS EVERY YEAR. NOURISHING HOPE'S ULTIMATE GOAL IS A HUNGER-FREE CHICAGO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kellie O'connell CEO | Officer | 40 | $204,581 |
Kathryn Lyons Chief Development Officer | 40 | $141,567 | |
Jennifer Hull Chief Program Officer | 40 | $116,174 | |
Casey Herman President | OfficerTrustee | 2 | $0 |
David Stone Finance Chair | OfficerTrustee | 2 | $0 |
Jane Mccahon Governance Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $42,158 |
| Membership dues | $0 |
| Fundraising events | $458,153 |
| Related organizations | $0 |
| Government grants | $296,482 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,931,519 |
| Noncash contributions included in lines 1a–1f | $7,936,529 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,728,312 |
| Total Program Service Revenue | $0 |
| Investment income | $2,611 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,073 |
| Net Income from Fundraising Events | -$34,635 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,695,995 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,417,208 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $229,017 |
| Compensation of current officers, directors, key employees. | $37,185 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,564,119 |
| Pension plan accruals and contributions | $39,143 |
| Other employee benefits | $393,643 |
| Payroll taxes | $289,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,140 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $241,785 |
| Advertising and promotion | $91,522 |
| Office expenses | $150,963 |
| Information technology | $69,300 |
| Royalties | $0 |
| Occupancy | $66,855 |
| Travel | $4,369 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,936 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $309,769 |
| Insurance | $32,376 |
| All other expenses | $43,408 |
| Total functional expenses | $13,872,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $369,118 |
| Savings and temporary cash investments | $3,970,830 |
| Pledges and grants receivable | $136,364 |
| 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 | $349,641 |
| Prepaid expenses and deferred charges | $100,973 |
| Net Land, buildings, and equipment | $3,823,946 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $78,600 |
| Total assets | $8,829,472 |
| Accounts payable and accrued expenses | $160,681 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $160,681 |
| Net assets without donor restrictions | $8,668,791 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,829,472 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nourishing Hope has recieved totaling $25,250.
| Awarding Organization | Amount |
|---|---|
Peggy And Steve Fossett Foundation Homer Glen, IL PURPOSE: GENERAL PURPOSE | $25,000 |
Akers Foundation Chicago, IL PURPOSE: TO FEED THE HOMELESS | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dare To Care Inc Louisville, KY | $30,243,323 | $45,399,567 |
Second Harvest Foodbank Of Southern Wisconsin Madison, WI | $26,296,276 | $43,990,829 |
River Bend Food Reservoir Davenport, IA | $24,095,771 | $42,604,149 |
Operation Food Search Inc St Louis, MO | $20,475,685 | $35,729,892 |
Food Bank Of Iowa Des Moines, IA | $30,639,112 | $46,724,130 |
Feeding America Kentuckys Heartland Inc Elizabethtown, KY | $11,011,567 | $26,861,414 |
Community Harvest Food Bank Of Northeast Indiana Inc Fort Wayne, IN | $14,963,201 | $26,255,760 |
Second Harvest Community Food Bank St Joseph, MO | $4,776,863 | $25,456,301 |
Eastern Illinois Foodbank Urbana, IL | $10,806,668 | $26,487,103 |
Tri State Food Bank Inc Evansville, IN | $11,766,941 | $23,604,678 |
Southeast Missouri Food Bank Sikeston, MO | $15,964,674 | $22,933,570 |
Food Finders Food Bank Inc Lafayette, IN | $11,053,128 | $21,529,365 |