Nonprofit screen
Screen a listBags of Hope
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$252krevenue
FY2024 · −42% in 3 yrs1staff
6 of 6years filed
’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−51.8%
Months of reserve7.7mo
Revenue growth (annualized)−2.6%
Middle half of peersMedianBags of Hope
Where the money goes FY2024 · $383k spent
Programs$348k91%Management and general$33k9%Fundraising$1k0%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$46k in FY2023 and −$131k in FY2024. Cash covers 7.7 months, above the peer median of 6.5.
990 Part I and balance sheetIn its favor1
Strong governance
9 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI31funders
$95ka year, last 3 years
21%from its largest funder
Funder’18’19’20’21’22’23The Bank of America Charitable Foundation IncSince FY2019$3k$51k$33k$21k$8kUnited Way of Greater Charlotte IncOn and off$35kLongacre Foundation IncOn and off$2k$3k$500$10kMecklenburg Bar FoundationNew in FY2023$10kGrayson C Huffman Memorial Scholarship Fund IncStopped after FY2022$5k$5k–Giving With Grace FoundationNew in FY2023$10kDonor-advised giftsDonors not disclosed$18k$47k$39k$58k$40k10 other fundersUp to $8k a year each$1k$11k$3k$4k$6k
FundedThrough a donor-advised fundStopped