Just Hope INC FY2020 filing

Tax-deductible

Mocksville, NC501(c)(3)Food & AgricultureEIN 46-2175209Revenue $96K in FY2020

On file with the IRS814 S Main St, 27028-2650 · Mocksville, NCTax-exempt since Jul 2014Publicly supported charity — 170(b)(1)(A)(vi)

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To help meet the needs of those in davie county in the form of outreach to prevent hunger and homelessness.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $14K a year · 7% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $11K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$152K
90% of total assets
Concern: liabilities are 90% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$96K
Spent
$135K
To programs
86%
Net assets
$18K
By yearFY2020–FY2025
Revenue
$96K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$96K
FY2021$206K
FY2022$161K
FY2023$321K
FY2024$192K
FY2025$239K
Expenses
$135K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$135K
FY2021$155K
FY2022$158K
FY2023$213K
FY2024$233K
FY2025$239K
Net assets
$18K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$18K
FY2021$68K
FY2022$71K
FY2023$180K
FY2024$139K
FY2025$139K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $116K Management & general 8% · $10K Fundraising 7% · $9K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Secretarytreasurer
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A

Krystal Lewis’s $52K as Executive Director is at the 54th percentile of top reported officer pay among 1171 $100K–1M food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Krystal Lewis$51,700————
Krystal Dumas—$50,400$48,300$42,000$39,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides outreach to prevent hunger and homelessness in Davie County.

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Provided by the organization

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1 program · $116K · in their own filed words · FY2020
01

Helping to meet the needs of those in davie county through outreach to prevent hunger and homelessness. This is accomplished through programs providing a mobile food pantry, assistance with finding sustainable and permanent housing, assistance to women to prepare them for a career, outreach outings, and a day center to provide homeless a…

$116Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$11K
Grants paid · 4 grants · $33K · 2020–2021
Unitemized GrantFY2021$9,700
Unitemized GrantFY2021$462
Unitemized GrantFY2020$22,272
Unitemized GrantFY2020$245

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$96K
Ln 12
Gifts and grantsLn 1h$86K
Other incomeLn 4–11$10K
Money outPt IX
$135K
Ln 25
Programscol B$116K
Managementcol C$10K
Fundraisingcol D$9K
Owns and owesPt X
$18K
net assets · Ln 32
Cash and savingsLn 1–2$13K
Total assetsLn 16$170K
LiabilitiesLn 26$152K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$86K
Other incomeLn 4–11$10K
Gains on assetsLn 7−$35K
Total revenueLn 12$96K
Assets in detailPt X, end of year
CashLn 1$13K
Cash and savings togetherLn 1–2$13K
Land, buildings, equipmentLn 10c$156K
Total assetsLn 16$170K
LiabilitiesLn 26$152K
Net assetsLn 32$18K
OperationsPt I, VI
EmployeesI 51
VolunteersI 675
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$7K$13K
Land, buildings, equipmentLn 10c$202K$156K
Total assetsLn 16$209K$170K
LiabilitiesLn 26$152K$152K
Net assetsLn 32$57K$18K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$23K$23K
Pay of current officers, directors and key staffLn 5$36K$22K$5K$9K
Payroll taxesLn 10$3K$3K
Management feesLn 11a$42K$42K
Accounting feesLn 11c$545$545
Advertising and promotionLn 12$201$201
Office expensesLn 13$1K$698$698
OccupancyLn 16$10K$10K
TravelLn 17$3K$3K
InterestLn 20$7K$7K
Depreciation, depletion and amortizationLn 22$6K$5K$466
Other expenses (24a–d)Ln 24$3K$3K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$135K$116K$10K$9K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $239K$239K$146$139K 990 PDF
FY2024 $192K$233K−$41K$139K 990 PDF
FY2023 $321K$213K$108K$180K 990 PDF
FY2022 $161K$158K$3K$71K 990 PDF
FY2021 $206K$155K$51K$68K 990 PDF
FY2020 Viewing $96K$135K−$40K$18K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $95,776 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $72,764$86,147
I-9 Program service revenue$0
I-10 Investment income−$34,726
I-11 Other revenuePrior year $38,279$44,355
I-12 Total revenuePrior year $111,043$95,776
I-13 Grants and similar amounts paidPrior year $18,321$22,517
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $40,306$38,754
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $56,577$74,206
I-18 Total expensesPrior year $115,204$135,477
I-19 Revenue less expensesPrior year −$4,161−$39,701
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $95,776 across 6 lines filed
Lines not itemized here account for $37,371 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$86,147
VIII-1h Total contributions, gifts and grants$86,147
VIII-7 Net gain or loss on sales of assetsRelated to mission −$34,726−$34,726
VIII-8 Net income from fundraising eventsExcluded from tax $6,669$6,669
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $315$315
VIII-12 Total revenueRelated to mission −$34,411 · Unrelated business $0 · Excluded from tax $44,040$95,776
Part IX · Statement of functional expenses $135,477 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $22,517$22,517
IX-5 Pay of current officers, directors and key staffPrograms $21,600 · Management $5,400 · Fundraising $9,000$36,000
IX-10 Payroll taxesPrograms $2,754$2,754
IX-11a Management feesPrograms $42,312$42,312
IX-11c Accounting feesManagement $545$545
IX-12 Advertising and promotionFundraising $201$201
IX-13 Office expensesPrograms $698 · Management $698$1,396
IX-16 OccupancyPrograms $9,894$9,894
IX-17 TravelManagement $3,128$3,128
IX-20 InterestPrograms $6,889$6,889
IX-22 Depreciation, depletion and amortizationPrograms $5,444 · Management $466$5,910
IX-24 Other expenses (24a–d)Programs $2,855$2,855
IX-24e All other expensesPrograms $1,076$1,076
IX-25 Total functional expensesPrograms $116,039 · Management $10,237 · Fundraising $9,201$135,477
Part X · Balance sheet $169,584 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $7,352$13,273
X-10c Land, buildings and equipment, netStart of year $201,947$156,311
X-16 Total assetsStart of year $209,299$169,584
X-17 Accounts payable and accrued expensesStart of year $899$1,884
X-26 Total liabilitiesStart of year $151,947$151,933
X-27 Net assets without donor restrictionsStart of year $57,352$17,651
X-32 Total net assets or fund balancesStart of year $57,352$17,651
X-33 Total liabilities and net assetsStart of year $209,299$169,584
Part XI · Reconciliation of net assets $17,651 net assets at year end
XI-1 Total revenue$95,776
XI-2 Total expenses$135,477
XI-3 Revenue less expenses−$39,701
XI-4 Net assets at start of year$57,352
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$17,651

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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