HOPE OF WINSTON SALEM INC

EIN: 463772491 501(c)(3) Food, Agriculture & Nutrition

WINSTON SALEM, NC

Total Revenue
$978,990
Total Expenses
$780,700
Total Assets
$1,339,494
Net Assets
$1,331,859
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NC
Principal Officer
SCOTT BEST
Phone
3367507964
Tax Period
2023-07-01 to 2024-06-30

HOPE OF WINSTON SALEM INC, founded in 2013, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $979K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $198K, a strong 20% operating margin.

Mission

THE ORGANIZATIONS MISSION IS TO ELIMINATE CHILD HUNGER IN THE WINSTON SALEM AREA.

Program Service Accomplishments

Program 1
Expenses: $767,028 Revenue: $978,990

ELIMINATION OF CHILD HUNGER BY DELIVERY OF FOOD AND MEALS TO HUNGRY CHILDREN IN WINSTON SALEM, FORSYTH COUNTY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $965,301
Program Service Revenue $0
Investment Income $761
Other Revenue $12,928
TOTAL REVENUE $978,990

Expense Breakdown

Grants Paid $0
Salaries & Benefits $299,892
Fundraising Expenses $0
Program Expenses $767,028
Other Expenses $480,808
TOTAL EXPENSES $780,700

Year-over-Year Comparison

2023 2022 Change
Revenue $978,990 $680,436 +0.4%
Expenses $780,700 $627,444 +0.2%
Net Income $198,290 $52,992 +2.7%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
11
Volunteers
600

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
3
$0
Total Directors
13
$119,892
Key Employees
2
$119,892
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATE ATKINSON PRESIDENT 10.00
Officer Director
$0 $0 $0
ANDREW DARCY SECRETARY 10.00
Officer Director
$0 $0 $0
CAMERON BERRY TREASURER 5.00
Officer Director
$0 $0 $0
DIANE FITZHUGH DIRECTOR 5.00
Director
$0 $0 $0
ANN CASH DIRECTOR 5.00
Director
$0 $0 $0
KYLE QUINLIVAN DIRECTOR 5.00
Director
$0 $0 $0
MARIA VERNON DIRECTOR 5.00
Director
$0 $0 $0
KEISHA WISELY DIRECTOR 5.00
Director
$0 $0 $0
KATINA LITTLE DIRECTOR 5.00
Director
$0 $0 $0
BILL BEYEA DIRECTOR 5.00
Director
$0 $0 $0
MADELINA FORDHAM DIRECTOR 5.00
Director
$0 $0 $0
SCOTT BEST EXECUTIVE DIRECTOR 40.00
Director Key Emp Highest
$64,272 $0 $64,272
SALEM KIRBY PROGRAM DIRECTOR 40.00
Director Key Emp
$55,620 $0 $55,620
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 No data No data No data No data
2024 $978,990 $780,700 $1,339,494 $198,290
2023 $680,436 $627,444 $1,134,967 $52,992
2022 $631,047 $627,176 $1,076,811 $3,871
2021 $763,692 $682,869 $1,075,533 $80,823
2020 $613,487 $566,455 $1,028,515 $47,032
2019 $570,139 $528,687 $946,449 $41,452
2018 $546,678 $560,321 $846,330 $-13,643
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