HARVEST OF HOPE PANTRY

EIN: 274010250 501(c)(3) Food, Agriculture & Nutrition

BOULDER, CO

Total Revenue
$2,847,654
Total Expenses
$2,662,657
Total Assets
$3,253,955
Net Assets
$3,032,078
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CO
Phone
7203821971
Tax Period
2024-01-01 to 2024-12-31

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.

Mission

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.

Program Service Accomplishments

Program 1
Expenses: $2,248,524

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...

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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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,850,166
Program Service Revenue $0
Investment Income $1,098
Other Revenue $-3,610
TOTAL REVENUE $2,847,654

Expense Breakdown

Grants Paid $1,885,904
Salaries & Benefits $504,881
Fundraising Expenses $182,823
Program Expenses $2,248,524
Other Expenses $251,004
TOTAL EXPENSES $2,662,657

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
8
Volunteers
370

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$145,205
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
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
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

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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