Hope Starts Here Food Bank
- Assets
- $111.9k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Centennial, CO
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-5106159
Organization Overview
Hope Starts Here Food Bank is located in Centennial, CO. The organization was established in 2017. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Starts Here Food Bank 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 Starts Here Food Bank generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE HOPE STARTS HERE FOOD BANK'S MISSION IS TO FEED FAMILIES IN NEED IN THE SOUTHEAST DENVER METRO AREA, AND TO OFFER OTHER RESOURCES AND A PATH TOWARDS WHOLENESS. WE OFFER HOPE THROUGH EMPLOYMENT OPPORTUNITIES, LEGAL AND MEDICAL ASSISTANCE, AND REFERRALS TO OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOPE STARTS HERE FOOD BANK HAD OVER 3,601 VOLUNTEER HOURS TO SERVE HOMELESS. HOPE STARTS HERE DONATED OVER 577,000 LBS OF FOOD. WE FED BETWEEN 250-350 FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Hector Board Member | Trustee | 3 | $0 |
Mike Caulley Treasurer/se | Trustee | 3 | $0 |
Gregory Thompson President | Trustee | 8 | $0 |
Joan Adams Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $53,952 |
| Government grants | $21,793 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,061,712 |
| Noncash contributions included in lines 1a–1f | $976,427 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,137,457 |
| Total Program Service Revenue | $0 |
| 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 | $1,137,457 |
| 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. | $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 | $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 | $13,648 |
| Office expenses | $1,378 |
| Information technology | $415 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $915 |
| 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 | $5,029 |
| Insurance | $3,809 |
| All other expenses | $286 |
| Total functional expenses | $1,025,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,392 |
| Savings and temporary cash investments | $92,437 |
| 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 | $3,000 |
| Net Land, buildings, and equipment | $11,072 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $111,901 |
| 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 | $111,901 |
| 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 | $111,901 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Starts Here Food Bank has recieved totaling $219.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $219 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metro Caring Denver, CO | $9,274,494 | $12,161,402 |
Together Inc Of Metropolitian Omaha Omaha, NE | $9,226,296 | $13,324,477 |
Emergency Family Assistance Association Inc Boulder, CO | $12,859,983 | $10,003,728 |
Nourishphx Phoenix, AZ | $2,191,792 | $7,784,112 |
Community Services Of Broomfield Inc Broomfield, CO | $1,597,833 | $6,420,444 |
Wounded Warriors Family Support Inc Omaha, NE | $4,900,387 | $4,852,471 |
Castle Rock Community Inter Church Task Force Castle Rock, CO | $3,485,207 | $4,065,312 |
Rocky Mountain Childrens Health Foundation Arvada, CO | $10,032,209 | $4,522,844 |
Pueblo Cooperative Care Center Pueblo, CO | $2,020,985 | $3,498,194 |
Emergency Infant Services Tulsa, OK | $9,080,021 | $3,759,064 |
Mesilla Valley Community Of Hope Incorporated Las Cruces, NM | $4,550,865 | $5,836,573 |
Infant Crisis Services Oklahoma City, OK | $12,395,976 | $3,520,282 |