2017-03-16T16:44:39-05:00 2016-08-31 752393478 WHITLEY PENN LLP 1400 WEST 7TH STREET STE 400 FT WORTH TX 76102 990 2015-09-01 752473753 HOPE FARM INC HOPE 8179269116 865 E RAMSEY FORT WORTH TX 76104 FRED CANTU TREASURER 8179269116 2017-02-27 1 MARK TOPEL P00737625 8172599100 2015 2021-01-29 14:40:06Z X FRED CANTU 865 E RAMSEY FORT WORTH TX 76104 1334146 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. 11 9 27 110 0 0 2304540 1164447 37725 82240 612 3522 -58976 18225 2283901 1268434 0 0 0 0 1055093 953218 0 0 98816 609412 567348 1664505 1520566 619396 -252132 5862670 5623335 30823 43620 5831847 5579715 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 1288593 82240 MEET THE SPIRITUAL, EMOTIONAL, EDUCATIONAL AND SOCIAL NEEDS OF YOUNG, AT RISK BOYS LIVING IN THE MORNINGSIDE AND COMO NEIGHBORHOODS OF FORT WORTH, TEXAS. 1288593 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 14 0 1 27 1 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X FRED CANTU 8179269116 865 ATLANTA FORT WORTH TX 76104 GARY RANDLE EXEC DIRECTOR/PRESIDENT 40.00 X X 137780 0 0 LARRY V KALAS TREASURER 0.35 X X 0 0 0 NOBLE CRAWFORD JR ASSISTANT DIRECTOR 40.00 X X 105955 0 0 J SCOTT BROWN SECRETARY 0.35 X X 0 0 0 LAMAR C SMITH CHAIRMAN 4.00 X X 0 0 0 FRED CANTU CFO 8.00 X X 0 0 0 BRANDON BOEHME DIRECTOR 0.35 X 0 0 0 ARCHIE WILMER III DIRECTOR 0.35 X 0 0 0 RAY STEWARD DIRECTOR 0.35 X 0 0 0 BILL JENNINGS DIRECTOR 0.35 X 0 0 0 STEVE KISSELL DIRECTOR 0.35 X 0 0 0 TOM SLONE DIRECTOR 0.35 X 0 0 0 THADDEUS B BIRD PARTIAL YEAR DIRECTOR 0.35 X 0 0 0 DEE FINLEY PARTIAL YEAR DIRECTOR 0.35 X 0 0 0 243735 0 0 2 0 0 0 0 1164447 36000 1164447 TUITION AND FEES 900099 82240 82240 82240 3522 3522 83937 65712 18225 18225 1268434 82240 0 21747 186942 170118 14955 1869 659447 509077 76959 73411 49409 39649 5365 4395 57420 46077 6236 5107 14592 14592 4622 462 2080 2080 3705 2972 403 330 55955 54276 1119 560 3528 706 1411 1411 206066 199884 4121 2061 42424 41151 849 424 PROGRAM EXPENSES 97959 97959 REPAIRS & MAINTENANCE 64823 62878 1297 648 MISCELLANEOUS 29502 25962 885 2655 PRINTING 22566 19858 677 2031 21606 17564 2208 1834 1520566 1288593 133157 98816 200 200 1547865 1480689 2250 0 100 0 4527748 1282539 3442287 3245209 814902 880495 55066 16742 5862670 5623335 30823 43620 30823 43620 X 3692658 3299047 1521182 1615916 618007 664752 5831847 5579715 5862670 5623335 -252132 0 X X 0 1 X 1 0 X 1789489 1143596 1462185 2304540 1164447 7864257 1789489 1143596 1462185 2304540 1164447 7864257 851330 7012927 12418 13667 2150 1457 3522 33214 7897471 123085 0.88800 0.90340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 814902 46745 18848 880495 770584 60390 -16072 814902 704701 65746 137 770584 547369 64675 92657 704701 411963 58162 77244 547369 0.75000 0.25000 0 0 514376 514376 2869609 455661 2413948 1143763 826878 316885 3245209 X 1334146 65712 65712 1268434 0 1268434 1586278 65712 65712 1520566 0 1520566 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, 2015, HOPE FARM, INC.'S TAX RETURNS RELATED TO THE YEARS ENDED AUGUST 31, 2013 THROUGH 2015 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 65,712. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 65,712. SUMMER CAMP & KAA FEES 66828 66828 12924 19335 MUSIC MINISTRIES 6300 6300 3 10809 10809 33453 83937 83937 12924 52788 65712 18225 X 1 36000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 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. PART XII, LINE 2C THE FINANCIAL STATEMENT REVIEW PROCESS HAS NOT CHANGED FROM PREVIOUS YEARS.