Convoy Of Hope
- Assets
- $160.2m
- Revenue
- $435.6m
- Investments
- $900.0k
- Employees
- 284
- Location
- Springfield, MO
- Founding
- 09/1985
- Data as of
- 12/2021
- EIN
- 68-0051386
Organization Overview
Convoy Of Hope is located in Springfield, MO. The organization was established in 1985. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Convoy Of Hope employed 284 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Convoy Of Hope 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, Convoy Of Hope generated $435.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $364.5m during the year ending 12/2021. While expenses have increased by 16.4% 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.
Since 2014, Convoy Of Hope has awarded 1,368 individual grants totaling $575,614,950. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESPONDING TO THE NEEDS OF THE IMPOVERISHED AND SUFFERING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL COMMUNITY DEVELOPMENT - THE ORGANIZATION FIGHTS HUNGER AND UNDERNUTRITION THROUGH DISTRIBUTION OF NUTRIENT DENSE FOODS AND MICRONUTRIENT SUPPLEMENTATION IN FOOD INSECURE COMMUNITIES. IN ADDITION TO MEETING IMMEDIATE NUTRIENT NEEDS, CONVOY OF HOPE WORKS IN A GROWING NUMBER OF LOCATIONS ON HYGIENE PROMOTION, DISEASE PREVENTION, CLEAN WATER AND SANITATION PROJECTS, AGRICULTURAL TRAINING AND INCOME GENERATING ACTIVITIES.
STRATEGIC PROGRAM PARTNERS - THROUGH COLLABORATION WITH OTHER LIKE-MINDED ORGANIZATIONS THROUGHOUT THE WORLD, THE ORGANIZATION IS ABLE TO EXPAND ITS REACH BY SUPPLYING AND EMPOWERING OTHER ORGANIZATIONS WITH FOOD AND OTHER PRODUCTS. CONVOY OF HOPE PROVIDED STRATEGIC PROGRAM PARTNERS LOADS TO OVER 158 ORGANIZATIONAL PARTNERS AROUND THE WORLD.
DISASTER RESPONSE - THE ORGANIZATION PROVIDES INITIAL RESPONSE TEAMS, INCIDENT SUPPORT, AND LONG TERM RECOVERY SOLUTIONS THROUGH ITS DEDICATED VOLUNTEER NETWORK, FLEET OF TRACTOR-TRAILERS AND RESPONSE EQUIPMENT, WORLD DISTRIBUTION CENTER AND STRATEGIC PARTNERS. THE ORGANIZATION HAS A TRACK RECORD OF QUICKLY AND EFFECTIVELY PROVIDING EMERGENCY FOOD, WATER, SHELTER AND SUPPLIES TO SURVIVORS THROUGHOUT THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hal Donaldson President/ceo | Officer | 40 | $390,607 |
Rick Waggoner Sr Vice President/cdo | Officer | 40 | $288,833 |
Keith Boucher Sr Vice President/ecos | Officer | 40 | $275,151 |
Ed Garvin Vice President - Networks | Officer | 40 | $236,418 |
Kregg Hood Sr Vice President/cbo | Officer | 40 | $230,448 |
Daniel Clark Jr Vice President - Partner Development | 40 | $226,672 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Q & Company Construction Services | 12/30/21 | $12,018,848 |
Medley Material Handling Company Material Handling | 12/30/21 | $1,428,418 |
Resolution Inc International Freight | 12/30/21 | $3,056,517 |
Ritz-carlton Hotel Hospitality Services | 12/30/21 | $1,658,758 |
Westfall Group Inc Fundraising | 12/30/21 | $1,300,344 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $649,018 |
| Government grants | $3,753,308 |
| All other contributions, gifts, grants, and similar amounts not included above | $423,957,598 |
| Noncash contributions included in lines 1a–1f | $314,720,159 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $428,359,924 |
| Total Program Service Revenue | $0 |
| Investment income | $1,079,157 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $301,439 |
| Net Gain/Loss on Asset Sales | $5,150,065 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $48,347 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $435,592,269 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $266,134,575 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $52,435,097 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,695,092 |
| Compensation of current officers, directors, key employees. | $800,879 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,373,600 |
| Pension plan accruals and contributions | $677,097 |
| Other employee benefits | $3,194,883 |
| Payroll taxes | $1,050,565 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $82,487 |
| Fees for services: Accounting | $75,337 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,640,070 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,058,004 |
| Advertising and promotion | $454,291 |
| Office expenses | $1,131,112 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,136,975 |
| Travel | $7,277,545 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $113,619 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,254,445 |
| Insurance | $831,063 |
| All other expenses | $683,161 |
| Total functional expenses | $364,499,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,599,400 |
| Savings and temporary cash investments | $5,109,227 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $705,098 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $30,110,871 |
| Prepaid expenses and deferred charges | $2,475,166 |
| Net Land, buildings, and equipment | $29,055,840 |
| Investments—publicly traded securities | $80,064,750 |
| Investments—other securities | $900,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $215,799 |
| Total assets | $160,236,151 |
| Accounts payable and accrued expenses | $2,768,473 |
| Grants payable | $0 |
| Deferred revenue | $1,590,244 |
| 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 | $4,358,717 |
| Net assets without donor restrictions | $145,877,175 |
| Net assets with donor restrictions | $10,000,259 |
| 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 | $160,236,151 |
Grants Awarded
Over the last fiscal year, Convoy Of Hope has awarded $234,015,589 in support to 236 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: PROGRAM FULLFILLMENT | $30,105,272 |
Harlingen, TX PURPOSE: PROGRAM FULLFILLMENT | $29,121,464 |
Mission Hills, CA PURPOSE: PROGRAM FULLFILLMENT | $21,418,179 |
Haslet, TX PURPOSE: PROGRAM FULLFILLMENT | $18,690,442 |
Normal, IL PURPOSE: PROGRAM FULLFILLMENT | $18,341,979 |
Atlanta, GA PURPOSE: PROGRAM FULLFILLMENT | $12,260,705 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Convoy Of Hope has recieved totaling $30,150.
| Awarding Organization | Amount |
|---|---|
The@price And Tammy Woodward Family Foundation Greensboro, GA PURPOSE: RAISE AWARENESS | $25,000 |
Hope Universal Inc Seneca, SC PURPOSE: DISASTER RELIEF | $5,150 |
Endowment Analysis
| Beg. Balance | $173,514 |
| Earnings | $47,282 |
| Admin Expense | $23,433 |
| Ending Balance | $197,363 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Feed The Children Inc Oklahoma City, OK | $180,883,082 | $387,738,661 |
Convoy Of Hope Springfield, MO | $160,236,151 | $435,592,269 |
Heart To Heart International Inc Lenexa, KS | $69,647,242 | $283,611,296 |
Heifer Project International Little Rock, AR | $300,226,033 | $162,258,622 |
Children International Kansas City, MO | $85,569,729 | $112,499,923 |
Orphan Grain Train Inc Norfolk, NE | $23,468,365 | $39,686,320 |
Lifesong For Orphans Inc Gridley, IL | $55,071,126 | $40,755,637 |
Srd Foundation Overland Park, KS | $2,172,810 | $21,260,144 |
Mercy Without Limits Inc Overland Park, KS | $12,804,274 | $19,965,180 |
Nph-Usa Chicago, IL | $9,523,398 | $16,657,427 |
One Collective Nfp Elgin, IL | $3,863,320 | $13,470,210 |
Mission Enablers International Bentonville, AR | $795,841 | $7,887,827 |