Hope Supply Co

Organization Overview

Hope Supply Co is located in Dallas, TX. The organization was established in 1989. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Hope Supply Co employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Supply Co 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 Supply Co generated $6.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $5.5m during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

HOPE SUPPLY CO. (HEREIN THE "ORGANIZATION") IS A NOT-FOR-PROFIT CORPORATION WHICH PROVIDES ESSENTIALS SUCH AS DIAPERS, WIPES, HYGIENE ITEMS, SCHOOL SUPPLIES, CLOTHING AND TOYS TO HOMELESS AND AT-RISK CHILDREN IN THE DFW METROPLEX AND SURROUNDING NORTH TEXAS COUNTIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOPE SUPPLY CO.'S CRITICAL NEEDS PROGRAM PROVIDES NECESSITIES FOR BABIES AND TODDLERS IN NEED. THIS INCLUDES BUT IS NOT LIMITED TO DIAPERS, WIPES, RASH CREAM, HYGIENE ITEMS, WINTER COATS, CLOTHING, BABY FOOD AND FORMULA. STUDIES SHOW THAT HAVING THE BASICS HELPS BABIES TO THRIVE AND IMPROVES HEALTH OUTCOMES DRAMATICALLY FOR BOTH BABY AND MOTHER. WORKING THROUGH VETTED PARTNER AGENCIES WITH ALIGNED MISSIONS, HOPE SUPPLY CO. IS ABLE TO HELP BREAK THE CYCLE OF HOMELESSNESS AND POVERTY BY ALLOWING PARTNER AGENCIES TO CONCENTRATE ON THEIR WRAP AROUND SERVICES SUCH AS COUNSELING AND MENTAL HEALTH CARE.


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Board, Officers & Key Employees

Name (title)Compensation
Barbara Johnson
President
$143,068
Eric Williams
Treasurer
$0
Grant Ferrell
Vice-Chairman
$0
Justin Bauer
Secretary
$0
Kim Hext
Vice-Chairman
$0
Patricia O'meara
Director
$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$5,466,456
Noncash contributions included in lines 1a–1f $4,383,456
Total Revenue from Contributions, Gifts, Grants & Similar$5,466,456
Total Program Service Revenue$0
Investment income $12,731
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $544,623
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,023,810

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Hope Supply Co has recieved totaling $30,000.

Awarding OrganizationAmount
Heartspace Initiative

Grapevine, TX

PURPOSE: GENERAL OPERATING SUPPORT

$30,000
View Grant Recipient Profile

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