FBH COMMUNITY INC

EIN: 455480270 501(c)(3) Food, Agriculture & Nutrition

Daytona Beach, FL

Total Revenue
$4,646,624
Total Expenses
$2,534,178
Total Assets
$5,735,480
Net Assets
$5,501,320
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
FL
Principal Officer
Forough Hosseini
Phone
3868431161
Tax Period
2024-07-01 to 2025-06-30

FBH COMMUNITY INC, founded in 2012, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $4.6M in total revenue in fiscal year 2024. Revenue surged 124% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 45% operating margin.

Mission

FBH Community's Mission Statement is to Create a community in which hard-working people can prosper. FBH Community's programs consist of 1) Food Brings Hope Mission Statement: Creating a community where underprivileged school children discover their full potential. 2) VCan Mission Statement: Eradicate hunger and homelessness among children and youth in Volusia County and 3) Homes Bring Hope Mission Statement: To lead the facilitation of homeownership opportunities for hard-working families by enhancing education, workforce development, employment, and health.

Program Service Accomplishments

Program 1
Expenses: $511,249 Revenue: $0

Food Brings Hope School Programs - Food Brings Hope is committed to providing collaborative solutions for families with minor children facing hunger, homelessness, and poverty. A central focus of our...

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Food Brings Hope School Programs - Food Brings Hope is committed to providing collaborative solutions for families with minor children facing hunger, homelessness, and poverty. A central focus of our programs is providing healthy, nutritious food to those in need. We offer both before and after-school programs in schools throughout Volusia and Flagler counties. Our mission is to eradicate hunger among school-aged children and families in our community. Through a variety of food security initiatives combined with educational support, we address not just the symptoms, but also the root causes of food insecurity. Our KidsZone and TeenZone programs, which began in 2007 at a single school with the vision of feeding and educating homeless and economically disadvantaged children, now operate in numerous schools across Volusia and Flagler counties. These programs are a cornerstone of our mission, providing at-risk students with opportunities to improve their academic performance and develop critical life skills. FBH continuously adapts its initiatives, supporting each school in creating unique, tailored learning solutions for their students. From sponsoring reading initiatives for struggling third graders to offering enrichment activities in the sciences, and even arranging safe transportation, FBH provides innovative opportunities that enhance learning. Launched in 2012, the FBHonors initiative focuses on helping high-achieving students reach their full potential. The program provides rigorous, diverse opportunities in small class settings, guiding students through high school and preparing them for college. With a strong emphasis on STEM subjects, FBHonors nurtures talent and paves the way for future success. In response to learning gaps exacerbated by the pandemic, many students struggled with Florida's assessment tests. To address this, we introduced "Change the Code," a program supported by the Florida Department of Education. This initiative, which includes both before and after-school programs, focuses on English Language Arts (ELA) and Math, serving elementary and middle schools with alarmingly low passing rates to help students improve their performance. Launched in 2023, the Lemerand Center of Excellence (LCE) is a collaborative program between FBH Community, Daytona State College and Volusia County School District. LCE is dedicated to enhancing educational outcomes for underserved youth in Volusia County. The program focuses on helping struggling students achieve standardized test results at or above grade level in Mathematics and English Language Arts (ELA) through targeted academic support and tutoring. Since its launch, the LCE has significantly contributed to students' academic success and personal development, reflecting a strong commitment to empowering at-risk youth.

Program 2
Expenses: $366,965 Revenue: $0

VCan-Launched in 2018, VCan is dedicated to ending hunger in Volusia County. This program provides immediate, temporary food support for individuals or families with young children who find...

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VCan-Launched in 2018, VCan is dedicated to ending hunger in Volusia County. This program provides immediate, temporary food support for individuals or families with young children who find themselves in unexpected, challenging situations. As part of this program, VCan distributes fresh fruits and vegetables to encourage healthy eating in our community.

Program 3
Expenses: $1,470,063 Revenue: $1,761,000

Homes Bring Hope-The vision of the FBH Prosperity program is to equip every resident with the knowledge and skills necessary to overcome barriers and achieve homeownership. FBHP's mission is to...

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Homes Bring Hope-The vision of the FBH Prosperity program is to equip every resident with the knowledge and skills necessary to overcome barriers and achieve homeownership. FBHP's mission is to foster economic growth for families by enhancing education, workforce development, health, employment, and ultimately homeownership. Established in 2021, the program provides clients with support in credit restoration, financial education, and career progression. The primary goal of FBHP is to prepare our clients for the homebuying process. Once they have accomplished the requirements, the client is enrolled in the Homes Bring Hope program. The mission of the Homes Bring Hope Program is to "facilitate the homeownership opportunities for hard-working families". HBH aims to empower families to break the cycle of generational poverty by building equity through homeownership. To date, HBH has successfully placed tens of families into their own homes, with a vision to expand and create even more homeowners in the years to come. Homes Brings Hope's unique structure enables it to sell these homes at or below cost. Therefore, the homebuyer creates equity as soon as they close on their house.

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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 $2,466,611
Program Service Revenue $1,761,000
Investment Income $163,874
Other Revenue $255,139
TOTAL REVENUE $4,646,624

Expense Breakdown

Grants Paid $0
Salaries & Benefits $469,689
Fundraising Expenses $0
Program Expenses $2,534,178
Other Expenses $2,064,489
TOTAL EXPENSES $2,534,178

Year-over-Year Comparison

2024 2023 Change
Revenue $4,646,624 $2,076,181 +1.2%
Expenses $2,534,178 $1,723,581 +0.5%
Net Income $2,112,446 $352,600 +5.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
16
Volunteers
137

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sandy Bishop Director 1
Director
$0 $0 $0
Donald Doudna Director 1
Director
$0 $0 $0
Jill Simpkins Director 1
Director
$0 $0 $0
David Weiss Director 1
Director
$0 $0 $0
Samir Naran Secretary 1
Officer
$0 $0 $0
Ted Serbousek Treasurer 1
Officer
$0 $0 $0
Nellie Lupoli Vice President 1
Officer
$0 $0 $0
Forough Hosseini Chair 10
Officer
$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
2025 $4,646,624 $2,534,178 $5,735,480 $2,112,446
2024 $2,076,181 $1,723,581 $3,410,930 $352,600
2023 $3,151,329 $2,486,692 $2,976,389 $664,637
2022 $2,135,315 $1,271,173 $2,194,709 $864,142
2021 $1,239,810 $639,786 $1,358,643 $600,024
2020 $1,040,245 $795,487 $782,290 $244,758
2019 $572,812 $463,527 $521,787 $109,285
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