Hope For The Hungry Inc
- Assets
- $516.8k
- Revenue
- $717.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Belton, TX
- Founding
- 06/1983
- Data as of
- 12/2023
- EIN
- 74-2256304
Organization Overview
Hope For The Hungry Inc is located in Belton, TX. The organization was established in 1983. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Hope For The Hungry Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope For The Hungry 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, Hope For The Hungry Inc generated $717.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $755.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 9 years. 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
HOPE FOR THE HUNGRY "SHARES THE BREAD OF LIFE WITH A STARVING WORLD", ACCORDING TO SCRIPTURE MANDATE'S WE OFFER FOOD FOR THE BODY AND SALVATION FOR THE SOUL IN A SPIRIT OF COOPERATION AND SERVANTHOOD AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAM
STAFF MINISTRY, OTHER PROGRAM MINISTRY, INTERNATIONAL COOPERATIVE MINISTRY, & US COOPERATIVE MINISTRY: TRAINING, SUPPORT AND CONTINUING EDUCATION FOR MISSIONARIES AND ALLIED MINISTRIES AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tiffani Conner Director | Trustee | 1 | $35,988 |
Daniel Kirkley President | OfficerTrustee | 1 | $14,813 |
Larry Reeves Director | Trustee | 1 | $7,150 |
Robin Durham Director | Trustee | 1 | $0 |
Kathie Fuller Director | Trustee | 1 | $0 |
Christian Kirkley Hammonds Vice Preside | OfficerTrustee | 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 | $707,208 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $707,208 |
| Total Program Service Revenue | $0 |
| Investment income | $3,647 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,250 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $717,105 |
| 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. | $57,951 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,130 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,203 |
| 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 | $0 |
| Advertising and promotion | $9,772 |
| Office expenses | $54,938 |
| Information technology | $9,093 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $453 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,960 |
| Insurance | $23,878 |
| All other expenses | $70,680 |
| Total functional expenses | $755,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $343,144 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $107,818 |
| Investments—publicly traded securities | $53,980 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,852 |
| Total assets | $516,794 |
| Accounts payable and accrued expenses | $2,141 |
| 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 | $11,852 |
| Total liabilities | $13,993 |
| Net assets without donor restrictions | $276,167 |
| Net assets with donor restrictions | $226,634 |
| 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 | $516,794 |