Real Hope Inc
- Assets
- $49.2k
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Prescott Valley, AZ
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 84-3359872
Organization Overview
Real Hope Inc is located in Prescott Valley, AZ. The organization was established in 2019. According to its NTEE Classification (K30) the organization is classified as: Food Programs, 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. Real Hope 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, Real Hope Inc generated $7.1m in total revenue. All expenses for the organization totaled $7.0m during the year ending 12/2023.
Since 2022, Real Hope Inc has awarded 26 individual grants totaling $5,317,990. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DATE WE HAVE RESCUED OVER 24 MILLION POUNDS OF FOOD AND SERVING 1,600 FAMILIES EACH WEEK. IN ADDITION TO OUR FOOD PROGRAM, WE HOST MANY EVENTS TO SUPPLY THE COMMUNITY WITH EDUCATIONAL MATERIALS, HYGIENE PRODUCTS, PET FOOD, NEW CLOTHING, AND CHRISTMAS TOYS.WE DO MISSION WORK ACROSS THE UNITED STATES AS WELL AS MEXICO HELPING FEED THOSE IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Erixon Director | Trustee | 8.5 | $0 |
Joe Kronewitter Director | Trustee | 8.3 | $0 |
Joanne Chaffeur Secretary | OfficerTrustee | 8.5 | $0 |
Mercie Reyes Treasurer | OfficerTrustee | 35 | $0 |
Daniel Carrillo President | OfficerTrustee | 72 | $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 | $7,050,145 |
| Noncash contributions included in lines 1a–1f | $6,953,003 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,050,145 |
| 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 | $7,050,145 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,514,950 |
| Grants and other assistance to domestic individuals. | $4,430,984 |
| 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 | $10 |
| Fees for services: Accounting | $3,188 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $155 |
| Office expenses | $757 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,500 |
| Travel | $0 |
| 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 | $12,034 |
| Insurance | $5,259 |
| All other expenses | $0 |
| Total functional expenses | $7,048,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,105 |
| 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 | $44,112 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $49,217 |
| 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 | $49,217 |
| 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 | $49,217 |
Grants Awarded
Over the last fiscal year, Real Hope Inc has awarded $2,514,950 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
MARICOPA FOOD PANTRY PURPOSE: TO FEED PEOPLE IN NEED | $760,392 |
3000 CLUB - TUCSON PURPOSE: TO FEED PEOPLE IN NEED | $508,360 |
3000 CLUB - PHOENIX PURPOSE: TO FEED PEOPLE IN NEED | $297,140 |
ST VINCENT DE PAUL - PHOENIX PURPOSE: TO FEED PEOPLE IN NEED | $116,350 |
MOTHER NATURES FARM - MESA PURPOSE: TO FEED PEOPLE IN NEED | $53,700 |
MIDWEST FOOD BANK - MESA PURPOSE: TO FEED PEOPLE IN NEED | $779,008 |