Hope Center
- Assets
- $254.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Devils Lake, ND
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-3530897
Organization Overview
Hope Center is located in Devils Lake, ND. The organization was established in 2014. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., 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 Center 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 Center generated $143.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $92.5k during the year ending 12/2021. While expenses have increased by 4.7% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
A FOOD PANTRY PROVIDING FOOD DISTRIBUTIONS AND SPECIAL PROGRAMS IN THE LAKE REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Wahl Board President | 5 | $0 | |
Nancy Johnson Board VP | 5 | $0 | |
Kathy Lovseth Secretary | 2 | $0 | |
Molly Johnson Treasurer | 3 | $0 | |
Theresa Leiphon Board Member | 3 | $0 | |
Dean Stienoway Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,206 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,726 |
| Other Revenue | $3,073 |
| Total Revenue | $143,005 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,871 |
| Professional fees and other payments to independent contractors | $380 |
| Occupancy, rent, utilities, and maintenance | $22,957 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,324 |
| Total expenses | $92,532 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,472 |
| Other assets | $0 |
| Total assets | $254,551 |
| Total liabilities | $0 |
| Net assets or fund balances | $254,551 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hope Center has recieved totaling $43,830.
| Awarding Organization | Amount |
|---|---|
Otto Bremer Trust St Paul, MN PURPOSE: SHELTER AND FOOD PANTRY UPDATES | $43,785 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $45 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Acre Saint Paul, MN | $2,161,801 | $2,336,173 |
Rural Enterprise For Acceptable Living Inc Marshall, MN | $669,406 | $895,554 |
Minnesota Restaurant Association Minneapolis, MN | $1,058,721 | $728,340 |
Minnesota Dairy Initiative Cologne, MN | $172,574 | $677,541 |
Fast Blackfeet Browning, MT | $561,351 | $467,746 |
Brightside Produce Saint Paul, MN | $25,254 | $354,818 |
Northern Plains Sustainable Agriculture Society Pierre, SD | $361,571 | $219,753 |
Montana Beer And Wine Wholesalers Association Helena, MT | $144,291 | $245,518 |
Montana Restaurant Association Billings, MT | $0 | $0 |
Hope Center Devils Lake, ND | $254,551 | $0 |
Stevens County Food Shelf Morris, MN | $517,730 | $179,717 |
Rochester Downtown Farmers Market Association Rochester, MN | $60,951 | $0 |