Project Rising Hope
- Assets
- $113.4k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Cottonwood, AZ
- Founding
- Data as of
- 12/2022
- EIN
- 84-4062558
Organization Overview
Project Rising Hope is located in Cottonwood, AZ. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Rising Hope 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 12/2022, Project Rising Hope generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROJECT RISING HOPE IS A FAITH-BASED OUTREACH MINISTRY CREATED (CONTINUED ON SCHEDULE O) (CONTINUED FROM 990 PAGE 1) TO PROVIDE FOOD, CLOTHING, SHELTER, BASIC NEEDS, EVENTS, PROGRAMS AND SERVICES TO MEMBERS OF OUR COMMUNITY CONSISTENT WITH BIBLICAL INSTRUCTION FOUND IN MATTHEW 25:35-40.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT RISING HOPE ENDEAVORS TO ALLEVIATE HUNGER IN THE VERDE VALLEY BY DISTRIBUTING NUTRITIOUS FOOD TO THE COMMUNITY. IN 2022, THE ORGANIZATION SERVED 34,462 INDIVIDUALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacia Tijmes Executive Director Since 12-2022 | Officer | 40 | $1,900 |
Jay Trewren Director Then Treas Until 11-2022 | OfficerTrustee | 10 | $0 |
Jim Lawler Treasurer Until 5-2022 | OfficerTrustee | 10 | $0 |
Jeremy Peters Chairman | OfficerTrustee | 5 | $0 |
Helen Bowden Secretary | OfficerTrustee | 25 | $0 |
Denise Dedrick Director Until 5-2022 | Trustee | 5 | $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 | $1,434,406 |
| Noncash contributions included in lines 1a–1f | $1,376,219 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,434,406 |
| 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 | $1,434,406 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,392,630 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,900 |
| Compensation of current officers, directors, key employees. | $1,900 |
| 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 | $540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $391 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,400 |
| Advertising and promotion | $0 |
| Office expenses | $348 |
| Information technology | $229 |
| Royalties | $0 |
| Occupancy | $1,598 |
| Travel | $1,999 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,020 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,858 |
| Insurance | $3,949 |
| All other expenses | $0 |
| Total functional expenses | $1,417,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,209 |
| 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 | $52,932 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,286 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $113,427 |
| 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 | $224 |
| Total liabilities | $224 |
| Net assets without donor restrictions | $113,203 |
| 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 | $113,427 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Project Rising Hope has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Arizona Food Bank Network Phoenix, AZ PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Weld Food Bank Greeley, CO | $11,364,016 | $19,346,172 |
Boulder Food Rescue Denver, CO | $1,631,753 | $15,905,183 |
Chronicle Season Of Sharing Fund San Francisco, CA | $6,841,559 | $17,696,249 |
Emergency Food Bank Stockton, CA | $4,658,043 | $12,815,382 |
Arizona Food Bank Network Phoenix, AZ | $7,535,434 | $12,101,730 |
Loaves & Fishes Family Kitchen San Jose, CA | $10,477,295 | $12,232,910 |
Imperial Valley Food Bank Imperial, CA | $8,961,226 | $9,918,858 |
Food Bank Coalition Of San Luis Obispo County San Luis Obispo, CA | $10,663,552 | $12,122,062 |
Kaizen Food Rescue Englewood, CO | $337,286 | $7,467,875 |
The Vacaville Storehouse Vacaville, CA | $194,756 | $6,036,902 |
West Side Food Bank A Non-Profit Corporation Santa Monica, CA | $5,587,108 | $7,989,669 |
Community Pantry Gallup, NM | $959,655 | $5,727,019 |