Totals
- Total revenue
- $1,044,765
- Total expenses
- $812,581
- Contributions and grants received
- $1,017,567
- Grants paid
- $26,827
- Program service revenue
- $27,312
- Investment income
- $0
- Other revenue
- -$114
- Total assets, end of year
- $277,451
- Total liabilities, end of year
- $45,267
- Net assets or fund balances, end of year
- $232,184
- Program services expenses (Part IX)
- $604,142
- Management and general expenses
- $178,279
- Fundraising expenses
- $30,160
- Program service expenses (Part III)
- $604,142
Program services were 74.3% 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
$3,647
-
1f · All other contributions, gifts and grants
$1,013,920
-
2a · Program service revenue: FOOD PANTRY
total $24,311 · related or exempt $24,311
-
2b · Program service revenue: HOPE LEGAL SERVICES
total $1,140 · related or exempt $1,140
-
2c · Program service revenue: TEEN MOMS
total $842 · related or exempt $842
-
2d · Program service revenue: SINGLE MOMS
total $413 · related or exempt $413
-
2e · Program service revenue: BIBLICAL COUNSELING SERVICES
total $350 · related or exempt $350
-
2f · All other program service revenue
total $256 · related or exempt $256
-
8a · Fundraising events: gross income
$34,000
-
8a · Fundraising events: contributions included on line 1c
$3,647
-
8b · Fundraising events: direct expenses
$34,627
-
8c · Net income from fundraising events
total -$627 · excluded -$627
-
11a · Other revenue: REFUNDS
total $513 · related or exempt $513
-
11e · Other revenue, total
$513
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $26,827 · program services $26,827
-
5 · Compensation of officers, directors and key employees
total $90,000 · program services $45,000 · management and general $22,500 · fundraising $22,500
-
7 · Other salaries and wages
total $324,952 · program services $268,492 · management and general $49,700 · fundraising $6,760
-
9 · Other employee benefits
total $4,743 · program services $2,569 · management and general $2,174
-
10 · Payroll taxes
total $4,150 · program services $4,150
-
11b · Fees: legal
total $3,813 · program services $2,621 · management and general $1,192
-
11c · Fees: accounting
total $16,436 · management and general $16,436
-
11g · Fees: other
total $31,319 · program services $20,499 · management and general $9,920 · fundraising $900
-
12 · Advertising and promotion
total $6,981 · management and general $6,981
-
13 · Office expenses
total $13,908 · program services $731 · management and general $13,177
-
14 · Information technology
total $14,486 · program services $159 · management and general $14,327
-
16 · Occupancy
total $89,044 · program services $89,044
-
17 · Travel
total $3,238 · program services $116 · management and general $3,122
-
23 · Insurance
total $11,590 · management and general $11,590
-
24a · Other expenses: FOOD, MEALS & SNACKS
total $52,086 · program services $50,609 · management and general $1,477
-
24b · Other expenses: MINISTRY SUPPLY COSTS
total $43,858 · program services $43,858
-
24c · Other expenses: DUES & SUBSCRIPTIONS
total $20,398 · program services $15,608 · management and general $4,790
-
24d · Other expenses: AWARDS, GIFTS AND PRIZES
total $12,038 · program services $12,038
-
24e · All other expenses
total $42,714 · program services $21,821 · management and general $20,893
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $137,713
-
4 · Accounts receivable
end of year $114,569
-
10a · Land, buildings and equipment: cost or other basis
$25,169
-
10c · Land, buildings and equipment, net
end of year $25,169
-
17 · Accounts payable and accrued expenses
end of year $44,027
-
25 · Other liabilities
end of year $1,240
-
27 · Net assets without donor restrictions
end of year $215,830
-
28 · Net assets with donor restrictions
end of year $16,354
Mission and programs · 2022
Mission
THE MISSION OF THE HOPE CENTER IS TO HELP RESTORE WHAT IS BROKEN IN OUR WORLD, IN OUR COMMUNITY, AND IN EACH OF US.
-
THE HOPE CENTER OPERATES A FOOD PANTRY WHERE GUESTS CAN EXPECT TO FIND A WIDE SELECTION OF FRESH AND SHELF-STABLE ITEMS TO KEEP THEIR KITCHENS STOCKED, AS WELL AS HERBS AND VEGGIES HARVESTED WEEKLY FROM OUR FARM. WE LOVE TO CONNECT WITH PANTRY GUESTS TO FIND OUT HOW ELSE THE HOPE CENTER CAN MAKE A DIFFERENCE IN THEIR LIVES. THE FOOD PANTRY IS OPEN EVERY SATURDAY AND SERVES PEOPLE THROUGHOUT NORTHERN ILLINOIS.
Expenses $258,948 · Revenue $24,311
-
HOPEFARM SPROUTED FRAM A SIMPLE IDEA: WOULDN'T IT BE WONDERFUL IF OUR FOOD PANTRY COULD OFFER BEAUTIFULLY RIPE, NUTRITIOUS VEGGIES AND FRUIT? OF COURSE WE KNEW THE ANSWER, SO WE GOT TO WORK THANKS TO A COMMITTED CREW OF VOLUNTEERS, BUSHELS OF PLUMP TOMATOES, CRUNCHY CUCUMBERS, LEAFY GREENS, AND AROMATIC HERBS ARE NOW BEING HARVESTED WEEKLY. OUR GROWING, SMALL-SCALE FARM IS BUILT AROUND A HYDROPONIC GREENHOUSE THAT LETS US FARM YEAR ROUND, SUNSHINE OR SNOW. OUTSIDE, ROWS OF RAISED BEDS ARE LUSH IN THE SUMMER WITH SOIL-GROWN GARDEN VEGGIES AND NATIVE PRAIRIE PLANTS.
Expenses $168,517
-
THE BENEVOLENCE PROGRAM ASSISTS INDIVIDUALS WHO FIND THEMSELVES IN TEMPORARY FINANCIAL HARDSHIP WITH BASIC NEEDS SUCH AS RENT OR MORTGAGE ASSISTANCE, CAR REPAIRS, MEDICAL NEEDS, OR OTHER URGENT LIVING NEEDS. PARTICIPANTS IN THE BENEVOLENCE PROGRAM GO THROUGH A HOLISTIC INTAKE PROCESS TO ASSESS THE NEED AND ARE REQUIRED TO PARTICIPATE IN FINANCIAL AND BUDGET TRAINING TO RECEIVE ASSISTANCE.
Expenses $37,729 · Grants $26,827 · Revenue $350
-
HOPE COUNSELING OFFERS LOW TO NO COST BIBLICAL COUNSELING FOR MEMBERS OF OUR COMMUNITY TO PROCESS THROUGH LIFE'S CHALLENGES AND RECEIVE GUIDANCE AND ADVICE. COUNSELING IF OFFERED FREE OF CHARGE AND FOCUSES ON HOW PEOPLE CAN FOLLOW BIBLICAL PRINCIPLES FOR A MORE FRUITFUL LIFE. ADDITIONAL SERVICES INCLUDE HOPE LEGAL, RECOVERY, ESL, FOSTER CARE, SENIOR CARE, SINGLE MOMS, TEEN MOMS, RACIAL RECONCILIATION, AND INK180.
Expenses $138,948 · Revenue $2,651
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Terrance WallaceTERRANCE WALLACE
EXECUTIVE DI
- Total calculated
- $90,000
- From this org
- $45,000
- From related orgs
- $0
- Other
- $45,000
- Hours/week
- 40
-
Scott DegraeveSCOTT DEGRAEVE
TREASURER
- Total calculated
- $0
-
Gretchen FarbGRETCHEN FARB
BOARD MEMBER
- Total calculated
- $0
-
Eric SchroederERIC SCHROEDER
BOARD MEMBER
- Total calculated
- $0
-
Jason SfireJASON SFIRE
PRESIDENT
- Total calculated
- $0
-
Ken ToellerKEN TOELLER
VICE PRESIDE
- Total calculated
- $0
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C3 · IL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 16 June 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421699349301357
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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