Giving Hope Inc
- Assets
- $9.8m
- Revenue
- $19.2m
- Investments
- $0.0
- Employees
- 37
- Location
- New Orleans, LA
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-3449360
Organization Overview
Giving Hope Inc is located in New Orleans, LA. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2023, Giving Hope Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Giving 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 12/2023, Giving Hope Inc generated $19.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $17.9m during the year ending 12/2023. While expenses have increased by 22.3% per year over the past 8 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.
Since 2017, Giving Hope Inc has awarded 29 individual grants totaling $906,515. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GIVING HOPE EXISTS TO BRING GLORY TO GOD AND TO PROMOTE HUMAN DIGNITY BY ALLEVIATING THE SUFFERING OF UNDERSERVED INDIVIDUALS AND FAMILIES BY PROVIDING THEM FOOD, CLOTHING, SHELTER, FREEDOM, AND TRUE TO OUR NAME, GIVING HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIVING HOPE OPERATES A FOOD PANTRY IN NEW ORLEANS, MARRERO, KANSAS CITY, AND HAWAII, EACH OF WHICH PROVIDES GROCERIES AND HOT MEALS TO THOSE WHO ARE HUNGRY AND NEEDY. IN 2023, THE FOOD PANTRY OF NEW ORLEANS SERVED 320,070 HOT MEANS AND DISTRIBUTED 7,131,937 POUNDS OF FOOD TO SENIOR CITIZENS AND UNDERSERVED FAMILIES IN THE COMMUNITY
GIVING HOPE HAS ADDITIONAL PROGRAMS, SUCH AS HOPE FOR A HOME, WOMEN OF HOPE UNITE, HOPE AGAINST TRAFFICKING, GIVNG HOPE RETREAT CENTER, AND GRANTS TO COMMUNITIES TO AID THE NEEDY, POOR AND DISADVANTAGED. GIVING HOPE ALSO PARNERS WITH OTHER CHARITABLE ORGANIZATIONS IN THE COMMUNITY TO OFFER SUPPORT FOR UNDERSERVED INDIVIDUALS AND FAMILIES.
GIVING HOPE OWNS AND OPERATES THE GIVING HOPE COMMUNITY CENTER, SERVING THE NEW ORLEANS COMMUNITY THROUGH CAMPS, BIBLE SCHOOLS, AFTER SCHOOL PROGRAMS, WELLNESS AND FITNESS PROGRAMS, SPORTS ACTIVITIES AND COMPUTER LABS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Troy Duhon President | OfficerTrustee | 10 | $0 |
Tracy Duhon Director | Trustee | 10 | $0 |
Pat Brackley Director | Trustee | 1 | $0 |
Rebecca Cuellar Secretary | OfficerTrustee | 1 | $0 |
Demario Davis Director | Trustee | 1 | $0 |
Tamela Davis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,372,715 |
| Noncash contributions included in lines 1a–1f | $15,309,678 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,372,715 |
| 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 | $822,816 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,195,531 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,273,222 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,333 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $973,564 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,702 |
| Payroll taxes | $92,536 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $325,662 |
| Advertising and promotion | $40,026 |
| Office expenses | $23,020 |
| Information technology | $30,694 |
| Royalties | $0 |
| Occupancy | $367,124 |
| Travel | $27,941 |
| 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 | $141,546 |
| Insurance | $155,233 |
| All other expenses | $0 |
| Total functional expenses | $17,857,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,952,290 |
| 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 | $139,943 |
| Prepaid expenses and deferred charges | $202,407 |
| Net Land, buildings, and equipment | $4,988,916 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $501,723 |
| Total assets | $9,785,279 |
| Accounts payable and accrued expenses | $220,854 |
| Grants payable | $0 |
| Deferred revenue | $24,060 |
| 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 | $505,376 |
| Total liabilities | $750,290 |
| Net assets without donor restrictions | $933,884 |
| Net assets with donor restrictions | $8,101,105 |
| 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 | $9,785,279 |
Grants Awarded
Over the last fiscal year, Giving Hope Inc has awarded $228,959 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LIFE WITHOUT LIMITS PURPOSE: GENERAL SUPPORT | $25,000 |
SON OF A SAINT PURPOSE: GENERAL SUPPORT | $8,150 |
NEW ORLEANS MISSION PURPOSE: GENERAL SUPPORT | $6,642 |
THRIVE NEW ORLEANS PURPOSE: GENERAL SUPPORT | $189,167 |