Hosco Shift Inc
- Assets
- $1.9m
- Revenue
- $879.7k
- Investments
- $0.0
- Employees
- 25
- Location
- Saint Louis, MO
- Founding
- 10/2016
- Data as of
- 12/2023
- EIN
- 47-3042884
Organization Overview
Hosco Shift Inc, operating under the name Hosco Shift, is located in Saint Louis, MO. The organization was established in 2016. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2023, Hosco Shift employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hosco Shift 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, Hosco Shift generated $879.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 34.9% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. 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
INCREASE ECONOMIC VIABILITY OF LOCAL FOOD SYSTEM, BY INCUBATING BUSINESSES OF THOSE LIVING IN & SERVING UNDERSERVED COMMUNITIES; CREATING CAREERS AROUND FOOD PRODUCTION, FOOD PROCESSING, FOOD AGGREGATION & DELIVERY ULTIMATELY IMPROVING THE QUALITY OF LIFE FOR COMMUNITY RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSCO IS A COMMUNITY PARTNER THAT PROVIDES NUTRITION EDUCATION ON JOB TRAINING, INTERNSHIPS, AND HEALTHY COOKING CLASSES:OUR CULINARY TRAINING PROGRAM SERVICED STUDENTS AT 2 SEPARATE SCHOOL SITES & PARTICIPATED IN INTERNSHIP PROGRAMS WITH BOTH AS WELL. TASKS ACCOMPLISHED INCLUDED: PROVIDING HEALTHY COOKING CLASSES TO HIGH SCHOOL JUNIORS AND SENIORS; PARTICIPATED IN THE SCHOOLS VIRTUAL PROGRAMS; PROVIDED FACILITY INTERSHIP WITH CLYDE C MILLER CULINARY STUDENTS; ASSISTED FOOD AND NUTRITION SERVICES AS WELL AS SOUTHWEST FOODSERVICES EXTEND EXCELLENCE IN DELIVERING FOOD KITS TO STUDENTS AND THEIR FAMILIES DURING THE PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Callaghan Carter Director | Officer | 0 | $0 |
Ray Lambert Director | Officer | 0 | $0 |
Michael Bell Director | Officer | 0 | $0 |
Gibron Jones Executive Director | Officer | 60 | $0 |
Kelli Williams Site Direcctor | Officer | 50 | $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 | $500,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $500,000 |
| Total Program Service Revenue | $379,691 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $879,691 |
| 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. | $130,183 |
| Compensation of current officers, directors, key employees. | $25,661 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $439,697 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,308 |
| Payroll taxes | $44,385 |
| 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 | $30,390 |
| Advertising and promotion | $49,262 |
| Office expenses | $5,116 |
| Information technology | $41,061 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,630 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,014 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,055 |
| Insurance | $0 |
| All other expenses | $2,898 |
| Total functional expenses | $1,088,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $301,850 |
| Savings and temporary cash investments | $90,000 |
| Pledges and grants receivable | $650,000 |
| Accounts receivable, net | $605,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $260,405 |
| 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 | $1,907,255 |
| Accounts payable and accrued expenses | $112,302 |
| 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 | $1,386,915 |
| Other liabilities | $0 |
| Total liabilities | $1,499,217 |
| Net assets without donor restrictions | $408,038 |
| 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 | $1,907,255 |