BOULDER, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HARVEST OF HOPE PANTRY, founded in 2011, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. Expenses of $2.7M left a modest 6% surplus.
HARVEST OF HOPE PANTRY'S MISSION IS TO PROVIDE HEALTHY SUPPLEMENTAL FOOD TO BOULDER FAMILIES AND INDIVIDUALS IN NEED OF FOOD ASSISTANCE WITHIN A SAFE, WELCOMING AND NON-JUDGEMENTAL ENVIRONMENT.
Harvest of Hope Pantry provides free, supplemental food to individuals and families in need. Shoppers can select the items of their choosing in a grocery store setting. This client-choice model...
Harvest of Hope Pantry provides free, supplemental food to individuals and families in need. Shoppers can select the items of their choosing in a grocery store setting. This client-choice model offers dignity and autonomy to people experiencing food insecurity.In 2024 we achieved significant program service accomplishments. With a total of 356 volunteers contributing 10,784 hours, we increased the efficiency of our operations and built on the positive therapeutic value of volunteer-client interactions. These meaningful connections enhance the overall experience for our clients. . In addition to providing food, the pantrys relational and emotional support play a key role in achieving positive outcomes. In twice yearly questionnaires, 98% of surveyed shoppers agreed with the statement I feel welcome and respected at Harvest of Hope Pantry.Our commitment to addressing food insecurity is clear in our numbers. In 2024, we facilitated a total of 31,260 shopping visits, providing essential food to those in need. Our impact is underscored by the distribution of 1,016,373 pounds of food throughout the year. Recognizing the evolving needs of our community, we took proactive steps to improve accessibility. We introduced 2 additional mobile pantries (for a total of five), providing food, onsite, to individuals who may have transportation or mobility limitations. These expansions of service have not only broadened our reach but also ensured that our pantry is more accessible to individuals facing food insecurity. We have partnered with local food retailers for years, recovering quality unused food and redistributing it to those in need. In 2024, we formed new partnerships with both local and national businesses. Our goal is to be a reliable source of high-quality food while reducing waste and keeping nutritious food out of landfills. The positive impact of our program service accomplishments in 2024 reflects the dedication of our volunteers, the resilience of our clients, and our ongoing commitment to making a meaningful difference in food access.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,847,654 | $1,705,480 | +0.7% |
| Expenses | $2,662,657 | $1,652,513 | +0.6% |
| Net Income | $184,997 | $52,967 | +2.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHAD MOLTER | Executive Dir. | 40.00 |
Officer
|
$135,847 | $9,358 | $145,205 |
| POLLY BUSTER | Director | 4.00 |
Director
|
$0 | $0 | $0 |
| TRENT HEIN | CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAREN DONNELLY | Secretary | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERIN HURST | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| BECKY FARR | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| DEAN HAZELWOOD | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| VANDNA SINHA | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| PATRICIA HASEN | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,847,654 | $2,662,657 | $3,253,955 | $184,997 |
| 2023 | $1,705,480 | $1,652,513 | $3,441,424 | $52,967 |
| 2022 | $1,382,320 | $1,159,978 | $3,534,206 | $222,342 |
| 2021 | $1,570,675 | $1,088,230 | $3,541,535 | $482,445 |
| 2020 | $1,637,847 | $1,051,207 | $2,441,362 | $586,640 |
| 2019 | $2,104,372 | $1,131,882 | $1,495,297 | $972,490 |
| 2018 | $1,204,209 | $1,115,264 | $515,354 | $88,945 |
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