Project Open Hand FY2022 filing

San Francisco, CA · Public charity (501(c)(3)) · Since 1986 · Food & Agriculture

✓ Tax-deductible Latest data FY2022
Revenue
$21.2M
▲ +27% vs prior year
Spent
$19.6M
To programs
89%
Net assets
$9.7M
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending June 2022 (IRS tax year 2021).

Figures match the IRS filing checked 8/11/26 · see original: IRS

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
15 funders, incl. Donor Advised Charitable Giving INC
$772K in the latest grant year.
Spent on programs?
89% to programs
Form 990 Part IX, latest filing.
Size and trend
$10–100M
↑ +27% vs prior year
Legal name (IRS)Hdr · item CProject Open Hand
EINHdr · item D94-3023551
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 1991
Year of formationHdr · item L1986
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CSan Francisco, CA
NTEE classificationIRS BMFFood & Agriculture (K36Z)
WebsiteHdr · item Jwww.openhand.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.04 Fundraising $0.07
Program services89%$17.5M
Management & general4%$722K
Fundraising7%$1.4M
Total functional expensesLn 25$19.6M

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$21.2M
FY2022▲ +27%
Expenses
$19.6M
FY2022▲ +36%
Program efficiency
89%
of spending reaches programs
Operating runway
3.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$13.0M
FY2022▲ +14%
Total liabilities
$3.3M
FY2022▲ +12%
Revenue less expensesPt I · Ln 19$1.5M
Total assetsPt X · Ln 16$13.0M
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417

Balance Sheet

Part X · end of year
CashLn 1$2.4M
Total assetsLn 16$13.0M
Total liabilitiesLn 26$3.3M
Total net assetsLn 32$9.7M
Months of cash on handcomputed1.5

Statement of Revenue

Part VIII
Contributions & grants$12.7M · 60%
Program service revenue$7.7M · 36%
Other revenue$676K · 3%
Contributions & grants60%$12.7M
Program service revenue36%$7.7M
Other revenue3%$676K
Investment income$24K
— government grantsLn 1e$7.4M
Total revenueLn 12$21.2M

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.7M · Operating expenses/yr $19.6M
3.5 months
Where the money goes
Program services
Program services $17.5M · Total expenses $19.6M
89%
Management & General
Management & general $722K · Total expenses $19.6M
4%
Fundraising
Fundraising $1.4M · Total expenses $19.6M
7%
Cost to raise $1
Fundraising expense (3-yr avg) $1.2M · Solicited contributions (3-yr avg) $6.1M
$0.21 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $12.7M · Total revenue $21.2M
60%
Government reliance
Government grants $7.4M · Total revenue $21.2M
35%
Earned-income share
Program service revenue $7.7M · Total revenue $21.2M
36%
Investment reliance
Investment income $24K · Total revenue $21.2M
+0.1%
Program self-sufficiency
Program service revenue $7.7M · Total expenses $19.6M
39%
Growth & trend
Revenue growth (YoY)
This year $21.2M · Prior year $16.6M
+27%
Net-asset trend (YoY)
End of year $9.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $21.2M · Expenses $19.6M
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $13.0M
—
Net-asset ratio
Net assets $9.7M · Total assets $13.0M
75%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.3M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $13.0M
25%
People & payroll
Highest Reported Total Compensation
Individual Paul Hepfer · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $272K · Total expenses $19.6M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $8.7M · Total expenses $19.6M
44%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%——
Overhead ratio 4%——
Fundraising cost ratio 11%——
Revenue growth 27%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Chief Executive Officer
$272,270Pt VII · Sec A
VP of Operations
$162,752Pt VII · Sec A
VP Development & Communityaffairs
$152,177Pt VII · Sec A
Chief Administrative Officer
$148,288Pt VII · Sec A
VP of Programs
$116,843Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Paul Hepfer’s $303K as Chief Executive Officer is at the 88th percentile of top reported officer pay among 249 $10–100M 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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Paul Hepfer$302,761$293,493————
Paul Hepfer——$280,437$272,270$267,538$267,538
Zheng Dong$194,385$178,681————
Jonathan Jump—$173,781————
Jonathan Jump——$166,884$162,752—$163,755
Jonathan Ronald Jump————$163,755—
Zheng Dong——$160,647—$112,854$112,854
Onome Okulolo$153,778$135,749————

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.

See Project Open Hand executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Provides nutritious meals and care to improve health and quality of life for the sick and vulnerable.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $17.5M of program spending, described in the organization's own filed words · FY2021.
01

Poh is the fiscal sponsor of the ca food is medicine coalition (calfimc). POH/CALFIMC advocate to integrate medically tailored meal (MTM) interventions into health care services, eligible for payments.

$7.4Mprogram expense
02

Older adults (60+ years) and adults with disabilities (18-59 years) regularly enjoy a warm, nutritious meal at congregate sites and community centers located across san francsico daily 365 days a year through our community nutrition program.

$5.2Mprogram expense
03

Wellness Program

The wellness program offers a medically-tailored nutrition intervention to support individuals living with chronic diseases. Services include nutrient-rich meals, fresh groceries, and nutrition counseling and education with our team of registered dietitians.

$5.0Mprogram expense

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Funders

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 15 funders →
Grants paid · 2 grants · $9.3M · 2023–2024
Unitemized GrantFY2024$4,929,935
Unitemized GrantFY2023$4,405,802

Filing history

YearRevenueExpensesChangeFiling
FY2024 $17.4M$17.7M-6% 990 PDF
FY2023 $18.6M$17.6M-12% 990 PDF
FY2022 Viewing $21.2M$19.6M+27% 990 PDF
FY2021 $16.6M$14.4M+11% 990 PDF
FY2020 $14.9M$14.0M 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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