Bundles Of Hope Inc
- Assets
- $631.4k
- Revenue
- $805.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Birmingham, AL
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-3964034
Organization Overview
Bundles Of Hope Inc is located in Birmingham, AL. The organization was established in 2015. According to its NTEE Classification (R19) the organization is classified as: Support N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Bundles Of Hope Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bundles Of 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 12/2021, Bundles Of Hope Inc generated $805.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 50.5% each year . All expenses for the organization totaled $915.8k during the year ending 12/2021. 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
TO PROVIDE DIAPERS AND AWARENESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUNDLES OF HOPE DISTRIBUTED OVER 1 MILLION DIAPERS IN 2021 SERVING OVER 25,000 CHILDREN IN NEED. WE ALSO DISTRIBUTED ROUGHLY 124,000 PERIOD PRODUCTS WHICH HELPED OVER 4,500 WOMEN IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsay Gray Executive Director & Board Member | OfficerTrustee | 40 | $70,000 |
Allyson Lewis Treasurer & Secretary | Officer | 15 | $11,000 |
Tom Parrish President | OfficerTrustee | 1 | $0 |
Nancy Owen Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $61,132 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $706,103 |
| Noncash contributions included in lines 1a–1f | $533,945 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $767,235 |
| 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 | $37,728 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $804,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,216 |
| 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. | $85,875 |
| Compensation of current officers, directors, key employees. | $19,586 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $149 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,607 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,906 |
| Advertising and promotion | $28 |
| Office expenses | $147 |
| Information technology | $1,213 |
| Royalties | $0 |
| Occupancy | $13,250 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,960 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,087 |
| Insurance | $1,874 |
| All other expenses | $2,588 |
| Total functional expenses | $915,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $167,161 |
| 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 | $442,104 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $22,094 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $631,359 |
| Accounts payable and accrued expenses | $3,126 |
| 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 | $3,126 |
| Net assets without donor restrictions | $628,233 |
| 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 | $631,359 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Bundles Of Hope Inc has recieved totaling $187,737.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $55,983 |
National Diaper Bank Network New Haven, CT PURPOSE: Diapers and | $53,463 |
Community Partnership Of Alabama Inc Birmingham, AL PURPOSE: GENERAL OPERATING COSTS | $25,000 |
Walker Area Community Foundation Jasper, AL PURPOSE: Diapers for Walker County | $20,000 |
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $18,126 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Human Services | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United South & Eastern Tribes Inc Nashville, TN | $5,371,988 | $13,134,667 |
Bundles Of Hope Inc Birmingham, AL | $631,359 | $804,963 |
Equality Florida Action Inc St Petersburg, FL | $1,165,109 | $772,381 |
Legal Services Of Greater Miami Foundation Inc Miami, FL | $27,352,989 | $5,692,296 |
Citizens Commission On Human Rights Clearwater, FL | $107,381 | $329,042 |
Your Real Stories Inc St Petersburg, FL | $54,701 | $0 |
Conservative Policy Leadership Institute Inc Smyrna, GA | $20,548 | $0 |
Southern Truth And Reconciliation Inc Atlanta, GA | $0 | $0 |