Totals
- Total revenue
- $4,583,026
- Total expenses
- $1,997,983
- Contributions and grants received
- $4,508,368
- Grants paid
- $0
- Program service revenue
- $41,484
- Investment income
- $48,107
- Other revenue
- -$14,933
- Total assets, end of year
- $8,373,885
- Total liabilities, end of year
- $122,968
- Net assets or fund balances, end of year
- $8,250,917
- Program services expenses (Part IX)
- $1,574,804
- Management and general expenses
- $258,536
- Fundraising expenses
- $164,643
- Program service expenses (Part III)
- $1,574,804
Program services were 78.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$283,829
-
1f · All other contributions, gifts and grants
$4,224,539
-
1g · Noncash contributions included above
$22,014
-
2a · Program service revenue: TUITION AND FEES
total $41,484 · related or exempt $41,484
-
3 · Investment income
total $48,107 · excluded $48,107
-
6a · Gross rents
real property $45,005
-
6b · Less rental expenses
real property $18,848
-
6c · Rental income or loss
real property $26,157
-
6d · Net rental income or loss
total $26,157 · excluded $26,157
-
8a · Fundraising events: gross income
$27,500
-
8a · Fundraising events: contributions included on line 1c
$283,829
-
8b · Fundraising events: direct expenses
$68,590
-
8c · Net income from fundraising events
total -$41,090 · excluded -$41,090
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $240,599 · program services $197,291 · management and general $28,872 · fundraising $14,436
-
7 · Other salaries and wages
total $828,348 · program services $679,245 · management and general $99,402 · fundraising $49,701
-
8 · Pension plan contributions
total $5,091 · program services $4,175 · management and general $611 · fundraising $305
-
9 · Other employee benefits
total $27,925 · program services $22,899 · management and general $3,351 · fundraising $1,675
-
10 · Payroll taxes
total $80,601 · program services $66,093 · management and general $9,672 · fundraising $4,836
-
11c · Fees: accounting
total $52,828 · management and general $22,378 · fundraising $30,450
-
11f · Fees: investment management
total $1,150 · management and general $1,150
-
11g · Fees: other
total $67,302 · program services $6,275 · management and general $32,789 · fundraising $28,238
-
12 · Advertising and promotion
total $23,229 · fundraising $23,229
-
13 · Office expenses
total $60,518 · program services $50,544 · management and general $6,368 · fundraising $3,606
-
14 · Information technology
total $29,629 · program services $22,518 · management and general $4,444 · fundraising $2,667
-
16 · Occupancy
total $145,987 · program services $141,608 · management and general $2,919 · fundraising $1,460
-
17 · Travel
total $7,250 · program services $4,842 · management and general $1,204 · fundraising $1,204
-
19 · Conferences, conventions and meetings
total $15,310 · program services $9,157 · management and general $5,409 · fundraising $744
-
22 · Depreciation, depletion and amortization
total $141,440 · program services $137,197 · management and general $2,829 · fundraising $1,414
-
23 · Insurance
total $67,769 · program services $65,736 · management and general $1,355 · fundraising $678
-
24a · Other expenses: PROGRAM EXPENSES
total $167,224 · program services $167,224
-
24b · Other expenses: MISCELLANEOUS
total $35,783 · management and general $35,783
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $63 · end of year $10,201
-
2 · Savings and temporary cash investments
beginning of year $1,722,606 · end of year $3,300,519
-
3 · Pledges and grants receivable
end of year $167,000
-
10a · Land, buildings and equipment: cost or other basis
$7,325,640
-
10b · Land, buildings and equipment: accumulated depreciation
$2,471,515
-
10c · Land, buildings and equipment, net
beginning of year $3,967,288 · end of year $4,854,125
-
11 · Investments: publicly traded securities
beginning of year $39,458 · end of year $41,741
-
15 · Other assets
beginning of year $1,014 · end of year $299
-
17 · Accounts payable and accrued expenses
beginning of year $67,988 · end of year $122,968
-
27 · Net assets without donor restrictions
beginning of year $4,462,034 · end of year $7,147,198
-
28 · Net assets with donor restrictions
beginning of year $1,200,407 · end of year $1,103,719
Mission and programs · 2022
Mission
FORMED IN 1990, THE PURPOSE OF HOPE FARM IS TO MEET THE SPIRITUAL, EDUCATIONAL, AND SOCIAL NEEDS OF YOUNG, AT RISK BOYS LIVING IN THE MORNINGSIDE AND COMO NEIGHBORHOODS OF FORT WORTH, TEXAS AND FAIR PARK NEIGHBORHOODS OF DALLAS, TEXAS THROUGH SUCH PROGRAMS AS SPIRITUAL ENRICHMENT, ACADEMICS AND PHYSICAL FITNESS.
-
MEET THE SPIRITUAL, EMOTIONAL, EDUCATIONAL AND SOCIAL NEEDS OF YOUNG, AT RISK BOYS LIVING IN THE MORNINGSIDE AND COMO NEIGHBORHOODS OF FORT WORTH, TEXAS.
Expenses $1,574,804 · Revenue $41,484
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ALAN IVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 12
-
CHRIS CAGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 12
-
DR THADDEUS B BIRD
TREASURER
- Total calculated
- $0
- Hours/week
- 12
-
ERIC HYMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 12
-
JOYCE LOCKWOOD
SECRETARY
- Total calculated
- $0
- Hours/week
- 12
-
LO ANDREWS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 12
-
RAY E STEWARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 12
-
SACHER DAWSON
EXECUTIVE DIRECTOR/PRESIDENT
- Total calculated
- $123,136
- From this org
- $115,531
- From related orgs
- $0
- Other
- $7,605
- Hours/week
- 40
-
STEPHANIE LOPEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 12
-
STEVE KISSELL
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 12
-
YVETTE WINEGATE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 12
-
VICTOR NEIL
VICE PRESIDENT - MARKETING AND DEVELOPMENT
- Total calculated
- $113,930
- From this org
- $106,325
- From related orgs
- $0
- Other
- $7,605
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410469349303021
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