Civic Intelligence

Target Hunger Inc

990 • Fiscal year 2019 • EIN 31-1548849

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

1260 Shotwell StreetHouston, TX 77020

(832) 767-1677

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.24x

Higher debt load relative to assets than 60% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

22nd percentile

0.04x

Higher debt load relative to revenue than 22% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

45th percentile

1.6%

Higher net margin than 45% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

46th percentile

$113,895

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

84th percentile

22%

Faster asset growth than 84% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

85th percentile

35%

Faster revenue growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,081,723

Up $195,803 (+22%) from 2018

Net Assets

Down

$818,820

Down $37,621 (-4.4%) from 2018

Liabilities

Up

$262,903

Up $233,424 (+792%) from 2018

Revenue

Up

$5,995,406

Up $1,546,368 (+35%) from 2018

Expenses

Up

$5,902,002

Up $1,712,104 (+41%) from 2018

Net Income

Down

$93,404

Down $165,736 (-64%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $926,322Liabilities 2010: $84,281Net Assets 2010: $842,0412010Assets 2012: $1,037,590Liabilities 2012: $92,843Net Assets 2012: $944,7472012Assets 2013: $876,285Liabilities 2013: $154,003Net Assets 2013: $722,2822013Assets 2015: $862,428Liabilities 2015: $259,751Net Assets 2015: $602,6772015Assets 2016: $629,554Liabilities 2016: $265,925Net Assets 2016: $363,6292016Assets 2018: $885,920Liabilities 2018: $29,479Net Assets 2018: $856,4412018Assets 2019: $1,081,723Liabilities 2019: $262,903Net Assets 2019: $818,8202019Assets 2020: $2,017,839Liabilities 2020: $205,192Net Assets 2020: $1,812,6472020Assets 2021: $3,261,240Liabilities 2021: $109,745Net Assets 2021: $3,151,4952021Assets 2022: $4,388,657Liabilities 2022: $401,558Net Assets 2022: $3,987,0992022Assets 2024: $8,113,600Liabilities 2024: $115,894Net Assets 2024: $7,997,7062024

Highlighted filing

2019

Assets$1,081,723
Liabilities$262,903
Net Assets$818,820

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,444,1212010Expenses 2012: $10,239,7722012Revenue 2013: $8,952,223Expenses 2013: $9,174,688Net Income 2013: -$222,4652013Revenue 2015: $7,170,276Expenses 2015: $7,252,909Net Income 2015: -$82,6332015Revenue 2016: $7,751,705Expenses 2016: $7,990,753Net Income 2016: -$239,0482016Revenue 2018: $4,449,038Expenses 2018: $4,189,898Net Income 2018: $259,1402018Revenue 2019: $5,995,406Expenses 2019: $5,902,002Net Income 2019: $93,4042019Revenue 2020: $6,705,632Expenses 2020: $5,711,805Net Income 2020: $993,8272020Revenue 2021: $5,724,867Expenses 2021: $4,386,019Net Income 2021: $1,338,8482021Revenue 2022: $5,347,684Expenses 2022: $4,512,080Net Income 2022: $835,6042022Revenue 2024: $8,991,300Expenses 2024: $5,704,031Net Income 2024: $3,287,2692024

Highlighted filing

2019

Revenue$5,995,406
Expenses$5,902,002
Net Income$93,404
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$6,084,571
Mission and Program Overview

Mission

Target hunger, a united way agency, works in partnership with service providers, community leaders and residents to alleviate hunger and its root causes in inner city neighborhoods. Target hunger is an independent texas nonprofit corporation. Target hunger's first priority is to ensure that those who need food have a place to get it. The organization then empowers its clients to become self-sufficient by offering various training courses.

Target Hunger's mission is to alleviate hunger and its root causes in inner city neighborhoods. Target Hunger serves seniors, children and families through a system of food pantries, a central food hub & senior delivery program, mobile distributions & educational food fairs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$358,855$573,729▲ $214,874
Land, Buildings, and Equipment, Net$79,277$225,656▲ $146,379
Pledges and Grants Receivable$132,403$106,242▼ $26,161
Inventories for Sale or Use$259,004$102,362▼ $156,642
Savings and Temporary Cash Investments$52,381$52,162▼ $219
Prepaid Expenses and Deferred Charges$4,000$21,572▲ $17,572
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$885,920$1,081,723▲ $195,803
Other Assets Total-$0-
Liabilities
Deferred Revenue-$143,950-
Accounts Payable and Accrued Expenses$29,479$118,953▲ $89,474
Total Liabilities$29,479$262,903▲ $233,424
Net Assets / Fund Balance
Net Assets With Donor Restrictions$259,726$435,567▲ $175,841
Net Assets Without Donor Restrictions$596,715$383,253▼ $213,462
Total Net Assets Fund Balance$856,441$818,820▼ $37,621
Total Liabilities and Net Assets / Fund Balance$885,920$1,081,723▲ $195,803

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$195,965$290,432$486,397
Leasehold Improvements$16,023$2,466$18,489
Land$13,668-$13,668
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sandra WicoffCEOFT$109,086$4,809$113,895

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$6,010,527
Program Service Revenue
$0
Investment Income
$89
Other Revenue
$-15,210
All Other Contributions
$3,642,835
Change in Net Assets
$93,404

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory-$4,430,995Fair Market Value (FMV)
Other Non Cash Contri Table71$37,500Fair Market Value (FMV)
Total Noncash Contributions71$4,468,495-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,995,406
Revenue Not Reported on Form 990
$41,400
Total Revenue per Audited Statements
$6,036,806
Total Revenue per Form 990
$5,995,406
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,651,889
Salaries, Compensation, and Employee Benefits$725,248
Other Expenses$524,865
Total Fundraising Expense$261,857
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$4,651,889--$4,651,889
Other Salaries and Wages$364,071$36,399$113,937$514,407
Occupancy$87,641$19,347$31,954$138,942
Fees for Services Other$61,743$28,298$31,092$121,133
Current Officers, Directors, Trustees, and Key Employees$39,863$39,863$34,169$113,895
Office Expenses$33,942$19,758$19,985$73,685
Payroll Taxes$30,772$5,705$11,220$47,697
Fees for Services Accounting-$45,915-$45,915
Other Employee Benefits$26,172$4,068$9,068$39,308
Insurance$18,588$3,446$6,777$28,811
Depreciation Depletion$22,298$100$100$22,498
Pension Plan Contributions$7,021$715$2,205$9,941
Other Expenses$9,445$4,383$1,350$9,445
Conferences and Meetings-$2,496-$2,496
Total Functional Expenses$5,429,652$210,493$261,857$5,902,002

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,943,402
Expenses per Audited Statements$5,902,002
Total Expenses per Form 990$5,902,002
Expenses Not Reported on Form 990$41,400
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$89,165
Fundraising Gross Income$73,955
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$409,703$73,955$52,324$21,631
Total Events$409,703$73,955$89,165$-15,210
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The CEO reviews Form 990. The complete return is provided to all Board members prior to filing for review and discussion.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board Members are required to disclose any potential conflicts of interest in writing. These disclosures are reviewed by the Board Chair when they are completed. If a potential conflict of interest exists, the Board Chair discusses the matter with the Board Member to determine whether further action is necessary.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board analyzes payroll annually as part of the annual budget review and approval process. The Board conducts a formal review to determine the CEO's compensation and goals.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Target Hunger Inc
EIN
31-1548849
Phone
8327671677
Address
1260 Shotwell Street, Houston, TX 77020

Signing Officer

Name
Sandra Wicoff
Title
CEO
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandra Wicoff
Formed
1989
Legal Domicile
TX
Voting Board Members
20
Independent Board Members
20
Employees
20
Volunteers
945

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
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IRS990/ProgSrvcAccomActy2Grp/Desc0Community Garden: Target Hunger staff, volunteers and community members tend a two acre, 100 bed organic garden located at 4604 Cavalcade Street in Kashmere Gardens, 77026. More than 6,000 pounds of fresh fruits and vegetables are harvested annually, nearly all of which is distributed to pantry clients. The garden increases access to nutritious foods, is a productive green space and serves as a hands-on way to combat food insecurity.
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