Whi Hobbs INC

Tax-deductible

Hobbs, NM501(c)(3)Human ServicesEIN 46-2550192Revenue $423K in FY2024

On file with the IRSwhihobbs.com4008 N Grimes St Num 275, 88240-0903 · Hobbs, NMTax-exempt since Aug 2013Publicly supported charity — 170(b)(1)(A)(vi)

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The organization seeks to alleviate weekend hunger for children in Hobbs , New Mexico by sending food home each weekend.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Run by 50 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $15K a year · 5% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$31K
to officers and key staff · 8% of spending
Top officer’s pay lower than 81% of similar orgs
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $37K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$423K
+39% vs prior year
Spent
$389K
To programs
87%
Net assets
$286K
By yearFY2020–FY2024
Revenue
$423K
FY2024▲ +39%
Tap a bar for its year
Revenue by fiscal year
FY2020$192K
FY2021$243K
FY2022$278K
FY2023$305K
FY2024$423K
Expenses
$389K
FY2024▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$239K
FY2022$245K
FY2023$318K
FY2024$389K
Net assets
$286K
FY20240%
Tap a bar for its year
Net assets by fiscal year
FY2020$262K
FY2021$267K
FY2022$299K
FY2023$286K
FY2024$286K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2013.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $338K Management & general 13% · $51K

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

1 person listed on the 990; $31K paid to officers and key staff.

Part VII, Section A · reportable compensation
$30,872Pt VII · Sec A

Leslie Pfalzgraf’s $31K as Ex Dir is at the 19th percentile of top reported officer pay among 2168 $100K–1M human services 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Leslie Pfalzgraf$30,872$32,589$28,090$28,400$21,810
Jennifer Harpole———$9,950$7,541
Shellie Gibson———$1,000$1,000

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 15aYes

Programs and updates

Provides food for children to take home, ending weekend hunger in Hobbs, New Mexico.

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Provided by the organization

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1 program · $338K · in their own filed words · FY2024
01

dist food during weekends of the school year to an estimated 1000 children and/or siblings to alleviate weekend hunger. dontated facilites usage not included was 30960.

$338Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$37K
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$423K
Ln 12
Gifts and grantsLn 1h$423K
Investment incomeLn 3$517
Money outPt IX
$389K
Ln 25
Programscol B$338K
Managementcol C$51K
Owns and owesPt X
$286K
net assets · Ln 32
Cash and savingsLn 1–2$231K
Total assetsLn 16$286K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$423K
Government grantsLn 1e$49K
Fundraising eventsLn 1c$231K
Investment incomeLn 3$517
Total revenueLn 12$423K
Assets in detailPt X, end of year
CashLn 1$100K
SavingsLn 2$131K
Cash and savings togetherLn 1–2$231K
Land, buildings, equipmentLn 10c$9K
Total assetsLn 16$286K
LiabilitiesLn 26$0
Net assetsLn 32$286K
OperationsPt I, VI
EmployeesI 52
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$170K$231K
Land, buildings, equipmentLn 10c$9K
Total assetsLn 16$276K$286K
LiabilitiesLn 26$0$0
Net assetsLn 32$276K$286K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$39K$39K
Office expensesLn 13$3K$3K
InsuranceLn 23$597$597
Other expenses (24a–d)Ln 24$347K$338K$8K
Total functional expensesLn 25$389K$338K$51K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $423K$389K$34K$286K 990 PDF
FY2023 $305K$318K−$13K$286K 990 PDF
FY2022 $278K$245K$33K$299K 990 PDF
FY2021 $243K$239K$4K$267K 990 PDF
FY2020 $192K$262K 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 FY2024 990 (6 parts)
Part I · Summary $423,211 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $302,928$422,694
I-9 Program service revenue$0
I-10 Investment incomePrior year $608$517
I-11 Other revenuePrior year $1,603$0
I-12 Total revenuePrior year $305,139$423,211
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $40,100$38,919
I-16a Professional fundraising fees$0
I-17 Other expenses$350,475
I-18 Total expensesPrior year $40,100$389,394
I-19 Revenue less expensesPrior year $265,039$33,817
Part VI · Governance 0 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $423,211 across 6 lines filed
VIII-1c Fundraising events$230,878
VIII-1e Government grants$48,566
VIII-1f All other contributions, gifts and grants$143,250
VIII-1h Total contributions, gifts and grants$422,694
VIII-3 Investment incomeRelated to mission $517$517
VIII-12 Total revenueRelated to mission $517$423,211
Part IX · Statement of functional expenses $389,394 across 4 lines filed
IX-5 Pay of current officers, directors and key staffManagement $38,919$38,919
IX-13 Office expensesManagement $3,325$3,325
IX-23 InsuranceManagement $597$597
IX-24 Other expenses (24a–d)Programs $338,182 · Management $8,371$346,553
IX-25 Total functional expensesPrograms $338,182 · Management $51,212 · Fundraising $0$389,394
Part X · Balance sheet $286,388 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $38,618$99,613
X-2 Savings and temporary cash investmentsStart of year $131,556$131,272
X-8 Inventories for sale or useStart of year $48,273$46,364
X-10c Land, buildings and equipment, net$9,139
X-16 Total assetsStart of year $275,990$286,388
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $275,990$286,388
X-32 Total net assets or fund balancesStart of year $275,990$286,388
X-33 Total liabilities and net assetsStart of year $275,990$286,388
Part XI · Reconciliation of net assets $286,388 net assets at year end
XI-1 Total revenue$423,211
XI-2 Total expenses$389,394
XI-3 Revenue less expenses$33,817
XI-4 Net assets at start of year$275,990
XI-8 Prior period adjustments−$23,419
XI-10 Net assets at end of year$286,388

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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