2019-03-14T17:40:32-05:00 2018-08-31 752393478 WHITLEY PENN LLP 640 TAYLOR STREET SUITE 2200 FT WORTH TX 76102 990 2017-09-01 752473753 HOPE FARM INC HOPE 8179269116 865 ATLANTA FORT WORTH TX 76104 STEVE KISSELL CHAIRMAN OF THE BOARD 8179269116 2019-02-25 1 MARK TOPEL P00737625 8172599100 66.51.12.244 2019-02-25 17:35:37 CS P 21B5010BE9AD4BBB5B3A835E8F1FF103F3BAAE96 21B5010BE9AD4BBB5B3A835E8F1FF103F3BAAE96 2017 2019-02-21 02:37:17Z STEVE KISSELL 865 ATLANTA FORT WORTH TX 76104 2044945 0 X WWW.HOPEFARMINC.ORG X 1990 TX FORMED IN 1990, THE PURPOSE OF HOPE FARM IS TO MEET THE SPIRITUAL, EDUCATIONAL, AND SOCIAL NEEDS OF YOUNG, AT RISK BOYS LIVING IN THE MORNINGSIDE AND COMO NEIGHBORHOODS OF FORT WORTH, TEXAS THROUGH SUCH PROGRAMS AS SPIRITUAL ENRICHMENT, ACADEMICS AND PHYSICAL FITNESS. 4 3 35 195 0 0 1516999 1701514 60726 12015 -103283 13202 34293 162251 1508735 1888982 0 0 0 0 875989 1074299 0 0 89928 611586 496673 1487575 1570972 21160 318010 5640949 6040721 40074 120616 5600875 5920105 FORMED IN 1990, THE PURPOSE OF HOPE FARM IS TO MEET THE SPIRITUAL, EDUCATIONAL, AND SOCIAL NEEDS OF YOUNG, AT RISK BOYS LIVING IN THE MORNINGSIDE AND COMO NEIGHBORHOODS OF FORT WORTH, TEXAS THROUGH SUCH PROGRAMS AS SPIRITUAL ENRICHMENT, ACADEMICS AND PHYSICAL FITNESS. 0 0 1299020 12015 MEET THE SPIRITUAL, EMOTIONAL, EDUCATIONAL AND SOCIAL NEEDS OF YOUNG, AT RISK BOYS LIVING IN THE MORNINGSIDE AND COMO NEIGHBORHOODS OF FORT WORTH, TEXAS. 1299020 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 35 1 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X KIMBERLY VAJDOS 8179269116 865 ATLANTA FORT WORTH TX 76104 GARY RANDLE PARTIAL YEAR EXEC DIRECTOR/PRESIDENT 12.00 X X 129675 0 0 NOBLE CRAWFORD JR DIRECTOR 18.00 X X 97811 0 0 FRED CANTU PARTIAL YEAR CFO 18.00 X X 0 0 0 DR THADDEUS B BIRD SECRETARY 18.00 X 0 0 0 STEVE KISSELL CHAIRMAN OF THE BOARD 18.00 X 0 0 0 RAY E STEWARD DIRECTOR 18.00 X 0 0 0 SACHER DAWSON PARTIAL YEAR DIRECTOR 3.00 X 0 0 0 ERIC HYMAN PARTIAL YEAR DIRECTOR 3.00 X 0 0 0 ALAN IVES PARTIAL YEAR DIRECTOR 6.00 X 0 0 0 JOYCE LOCKWOOD PARTIAL YEAR DIRECTOR 3.00 X 0 0 0 JAMES TRAWEEK PARTIAL YEAR DIRECTOR 6.00 X 0 0 0 DARRON TURNER PARTIAL YEAR DIRECTOR 3.00 X 0 0 0 ARCHIE WILMER PARTIAL YEAR DIRECTOR 0.25 X 0 0 0 227486 0 0 1 0 0 0 0 1701514 1701514 TUITION AND FEES 900099 12015 12015 12015 14852 14852 1286 0 1286 1286 1286 1650 -1650 -1650 -1650 314881 154313 160568 160568 MISCELLANEOUS 900099 397 397 397 1888982 12015 0 175453 234943 192653 28193 14097 751946 616596 90234 45116 7194 5899 863 432 20949 17178 2514 1257 59267 48599 7112 3556 20821 20821 40416 3342 22037 15037 5199 4263 624 312 56373 54682 1127 564 1085 217 434 434 142597 138319 2852 1426 46688 45287 934 467 MISCELLANEOUS 74605 67700 2011 4894 PROGRAM EXPENSES 66987 66987 REPAIRS & MAINTENANCE 22407 21736 223 448 TELEPHONE 8791 7736 791 264 10704 7826 1254 1624 1570972 1299020 182024 89928 200 200 1542494 1483582 3800 0 5166254 1619959 3068400 3546295 986235 1001253 39820 9391 5640949 6040721 40074 120616 40074 120616 X 3208667 3475060 1622548 1675185 769660 769860 5600875 5920105 5640949 6040721 318010 1220 0 X X 0 1 X 1 0 X 1462185 2304540 1164447 1516999 1701514 8149685 1462185 2304540 1164447 1516999 1701514 8149685 1082364 7067321 2150 1457 3522 6110 16138 29377 8179062 194111 0.86410 0.89820 X 986235 200 14818 1001253 880495 104908 832 986235 814902 46745 18848 880495 770584 60390 -16072 814902 704701 65746 137 770584 0.00000 0.76000 0.24000 0 0 536802 536802 3398498 609662 2788836 327680 195246 132434 903274 815051 88223 3546295 X 2044882 1220 154680 155900 1888982 0 1888982 1725652 154680 154680 1570972 0 1570972 PART X, LINE 2: HOPE FARM, INC. FOLLOWS THE GUIDANCE UNDER FASB ASC TOPIC NO. 740, INCOME TAXES, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. MANAGEMENT BELIEVES THAT IT HAS NOT TAKEN A TAX POSITION THAT, IF CHALLENGED, WOULD HAVE A MATERIAL EFFECT ON HOPE FARM INC.'S FINANCIAL STATEMENTS. HOPE FARM, INC. FILES FORM 990 IN THE UNITED STATES FEDERAL JURISDICTION AND AS OF AUGUST 31, 2018, HOPE FARM, INC.'S TAX RETURNS RELATED TO THE YEARS ENDED AUGUST 31, 2015 THROUGH 2017 REMAIN OPEN TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE; HOWEVER NO TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING INCOME 154,313. OTHER REVENUE 2,017. LOSS ON DISPOSITION OF ASSETS -1,650. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 154,313. OTHER REVENUE 2,017. LOSS ON DISPOSITION OF ASSETS -1,650. GALA 152156 152156 44815 OIL, GAS, AND BLUEGRASS BENEFIT 54460 54460 36503 7 108265 108265 72995 314881 314881 154313 154313 160568 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED FOR REVIEW BY ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO BEING SIGNED AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AT THE ANNUAL MEETING THE CONFLICT OF INTEREST POLICY IS REVIEWED AND EACH DIRECTOR AND OFFICER IS GIVEN THE OPPORTUNITY TO DISCLOSE ANY CONFLICT OF INTEREST. CONCURRENT WITH THE ANNUAL MEETING OR SHORTLY AFTERWARD EACH DIRECTOR AND OFFICER PROVIDES THE ORGANIZATION WITH A SIGNED STATEMENT DECLARING ANY KNOWN CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS APPROVES ALL COMPENSATION AS PART OF THE ANNUAL BUDGET APPROVAL. ONLY INDEPENDENT BOARD MEMBERS PARTICIPATE IN THE DETERMINATION OF THE COMPENSATION FOR THE TWO PAID OFFICERS, GARY RANDLE AND NOBLE CRAWFORD. THE DECISION OF THE INDEPENDENT BOARD MEMBERS IS DOCUMENTED IN THE FINAL APPROVED BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS REGARDING THE INDEPENDENT ACCOUNTANT.