Hopewell Food Pantry
- Assets
- $110.3k
- Revenue
- $611.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Hopewell, VA
- Founding
- 05/1988
- Data as of
- 06/2023
- EIN
- 54-1356910
Organization Overview
Hopewell Food Pantry is located in Hopewell, VA. The organization was established in 1988. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopewell Food Pantry 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 06/2023, Hopewell Food Pantry generated $611.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $645.6k during the year ending 06/2023. While expenses have increased by 3.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE OF THE RESIDENTS OF HOPEWELL, VIRGINIA BY PROVIDING EMERGENCY FOOD AND OTHER NECESSARY ITEMS TO NEEDY INDIVIDUALS AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOPEWELL FOOD PANTRY (HFP) WAS ORGANIZED BY A GROUP OF LOCAL CHURCHES IN JUNE 1983 TO PROVIDE EMERGENCY FOOD TO INDIVIDUALS AND FAMILIES WHO WERE IN TEMPORARY CRISIS, PRIMARILY WAITING FOR THEIR FOOD STAMPS TO BEGIN. THIS MISSION HAS CONTINUED FOR OVER 30 YEARS AND HAS BEEN EXPANDED TO SERVE ALL HOPEWELL FAMILIES IN NEED OF FOOD. IN FY 2023, THE HFP PROVIDED A WEEK OR MORE SUPPLY OF FOOD TO 5,285 FAMILY UNITS, TOTALING 13,224 CLIENTS. THE NUMBER OF CLIENTS SERVED WAS ON PAR WITH THE NUMBER OF CLIENTS WE SERVED IN THE LAST SIX YEARS, WHICH WERE: 13,224, 12,087, 13,364, 12,535, 11,942 AND 12,041 RESPECTIVELY. FOR THE 13,224 CLIENTS SERVED IN FY 2023, A TOTAL OF AT LEAST 277,000 MEALS WERE PROVIDED AT AN ESTIMATED VALUE OF APPROXIMATELY $500,000.
THE CLOTHING PLACE HAS BEEN SUCCESSFULLY OPERATING UNDER THE HFP FOR TWO YEARS, AND IT HAS BECOME A VALUABLE ASSET TO THE PANTRY AND THE CITY OF HOPEWELL. THE MISSION OF THE CLOTHING PLACE (TCP) IS TO SELL QUALITY USED ITEMS, MOSTLY CLOTHES, FOR WOMEN OR MEN, FROM INFANT TO 4XL, DONATED BY MEMBERS OF THE COMMUNITY. THROUGH THE LOW PRICES AND AVAILABILITY OF EXCELLENT CLOTHING, WE ARE IMPROVING THE QUALITY OF LIFE FOR OUR CLIENTS AND RESIDENTS OF HOPEWELL AND THE SURROUNDING AREA. ANY INCOME BEYOND OUR OPERATING EXPENSES IS DONATED DIRECTLY TO THE HOPEWELL FOOD PANTRY'S OPERATING BUDGET. OUR OTHER MISSION IS TO PROVIDE A PLACE WHERE ANYONE CAN DONATE GOOD USED CLOTHING AND LIGHTLY USED HOUSEHOLD GOODS. THIS IS IMPORTANT TO PREVENT MANY PEOPLE THE DISDAIN FROM THROWING AWAY ITEMS THAT ARE STILL USABLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr J Richard Commander Chairman | OfficerTrustee | 20 | $0 |
Ms Linda Hyslop Director | Trustee | 1 | $0 |
Pattie Allen Secretary | OfficerTrustee | 4 | $0 |
Tom Allen Director | Trustee | 1 | $0 |
Mrs Donna Martin Vice Chair/executive Director | OfficerTrustee | 30 | $16,220 |
Janet Bates Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $12,722 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $561,191 |
| Noncash contributions included in lines 1a–1f | $411,710 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $593,913 |
| Total Program Service Revenue | $0 |
| Investment income | $84 |
| 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 | $17,705 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $611,898 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $541,424 |
| 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 | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,235 |
| Advertising and promotion | $0 |
| Office expenses | $983 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,805 |
| Travel | $6,234 |
| 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 | $4,993 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $645,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,116 |
| Savings and temporary cash investments | $37,173 |
| 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 | $8,685 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $15,341 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $110,315 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $110,315 |
| 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 | $110,315 |