Warehouse Of Hope Inc
- Assets
- $487.0k
- Revenue
- $278.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Douglasville, GA
- Founding
- 01/2002
- Data as of
- 12/2021
- EIN
- 58-2645460
Organization Overview
Warehouse Of Hope Inc is located in Douglasville, GA. The organization was established in 2002. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Warehouse Of Hope Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Warehouse 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, Warehouse Of Hope Inc generated $278.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $260.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 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
TO RENDER ASSISTANCE IN THE NAME OF JESUS CHRIST TO PERSONS IN NEED OF FOOD, CLOTHING, OR OTHER NECESSITIES OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FOOD TO THE NEEDED AND HOMELESS, ASSIST FAMILIES IN NEED WITH MEDICAL AND HOUSING NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donnie Pace Director | Officer | 0 | $0 |
Rebecca Parson Treasurer | Officer | 0 | $0 |
Larry Hunter Director | Officer | 0 | $0 |
Gail Custer Director | Officer | 0 | $0 |
Tom Panter Treasurer | Officer | 0 | $0 |
James Craig Parson President & CEO | Officer | 0 | $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 | $278,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $278,400 |
| 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 | $278,400 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $134,705 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $53,836 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,665 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,105 |
| 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 | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,844 |
| Travel | $5,658 |
| 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 | $12,740 |
| Insurance | $2,183 |
| All other expenses | $87 |
| Total functional expenses | $260,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,566 |
| 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 | $227,453 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $487,019 |
| Accounts payable and accrued expenses | $1,539 |
| 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 | $1,539 |
| Net assets without donor restrictions | $485,480 |
| 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 | $487,019 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Warehouse Of Hope Inc has recieved totaling $1,369,505.
| Awarding Organization | Amount |
|---|---|
Feed The Children Inc Oklahoma City, OK PURPOSE: NECESSITIES FOR NEEDY CHILDREN & FAMILIES | $802,930 |
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $508,700 |
Lge Community Outreach Foundation Inc Atlanta, GA PURPOSE: COMMUNITY DONATION | $29,754 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $11,935 |
Greystone Power Foundation Inc Douglasville, GA | | $8,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $7,548 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Second Harvest Food Bank Of Northwest North Carolina Inc Winston Salem, NC | $40,643,437 | $84,978,237 |
Harry Chapin Food Bank Of Southwest Florida Inc Fort Myers, FL | $18,984,234 | $69,611,824 |
Montgomery Area Food Bank Inc Montgomery, AL | $21,621,044 | $72,895,777 |
Regional Food Bank Of Northeast Florida Inc Jacksonville, FL | $13,173,202 | $61,079,810 |
Feeding The Gulf Coast Theodore, AL | $30,651,678 | $51,935,641 |
Harvest Hope Food Bank Columbia, SC | $18,459,507 | $52,907,942 |
Second Harvest Food Bank Of East Tennessee Maryville, TN | $28,785,775 | $40,115,958 |
Treasure Coast Food Bank Incorporated Fort Pierce, FL | $14,946,349 | $36,277,666 |
All Faiths Food Bank Inc Sarasota, FL | $32,200,076 | $40,886,490 |
Chattanooga Area Food Bank Inc Chattanooga, TN | $13,005,178 | $40,483,306 |
Manna Food Bank Inc Asheville, NC | $28,506,662 | $36,666,910 |
Second Harvest Of South Georgia Inc Valdosta, GA | $19,828,071 | $36,132,665 |