Dare 2
- Assets
- $384.0k
- Revenue
- $23.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 02/1964
- Data as of
- 12/2023
- EIN
- 45-2931795
Organization Overview
Dare 2, operating under the name Hungerstops, is located in Dallas, TX. The organization was established in 1964. According to its NTEE Classification (F21) the organization is classified as: Substance Abuse Prevention, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Hungerstops 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, Hungerstops generated $23.6m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $24.0m during the year ending 12/2023. While expenses have increased by 10.0% per year over the past 3 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
THE MISSION OF DARE2(HUNGER STOPS) IS TO FIGHT HUNGER AND SERVE HUMANITY BY MEETING PEOPLES' IMMEDIATE NUTRITION NEEDS WHILE ALSO HELPING AS MANY AS POSSIBLE TO BECOME SELF-SUFFICIENT THROUGH DISTRIBUTIONS OF FOOD, CLOTHING, HOME GOODS AND OTHER NEEDED PRODUCTS FREE OF CHARGE WITHOUT CONSIDERATION OF ANY QUALIFYING FACTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD AND NECESSITIES DISTRIBUTION CENTER: OUR HUNGERSTOPS MISSION IS TO FIGHT HUNGER AND GIVE HOPE TO THE LIVES OF LOW-INCOME INDIVIDUALS WHO STRUGGLE TO MAKE ENDS MEET AND HAVE ENOUGH FOOD TO FEED THEIR FAMILIES. IN 2023 WE HELPED FIGHT HUNGER BY DISTRIBUTING OVER $22 MILLION DOLLARS WORTH OF FOOD AND GOODS FROM OUR FACILITY IN CONJECTURE WITH LOCAL VOLUNTEERS. IN TOTAL OVER 115,000 INDIVIDUALS AND FAMILIES WERE SERVED IN 2023. WE MOSTLY PROVIDE FRESH FOOD AS WELL AS DAILY USE HOUSEHOLD ITEMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carey Cd Lawhon Ceo/president | OfficerTrustee | 5 | $0 |
Sohail Punjwani Director | Trustee | 1 | $0 |
Inayat Ishaak Secretary | OfficerTrustee | 5 | $0 |
Oliver Reown Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $103,932 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,206,655 |
| Noncash contributions included in lines 1a–1f | $23,206,655 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,310,587 |
| Total Program Service Revenue | $0 |
| 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 | $235,530 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,565,617 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,517,231 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,610 |
| Fees for services: Accounting | $5,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,311 |
| Office expenses | $8,688 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $96,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $24,021,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,670 |
| 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 | $349,314 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $383,984 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $149,400 |
| Other liabilities | $0 |
| Total liabilities | $149,400 |
| Net assets without donor restrictions | $234,584 |
| 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 | $383,984 |