Civic Intelligence

Food Brings Hope Inc

990 • Fiscal year 2024 • EIN 45-5480270

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 04, 2024

207 White StreetDaytona Beach, FL 32114

(386) 843-1161

Siviq Scores

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

Liabilities / Assets

36th percentile

0.02x

Higher debt load relative to assets than 36% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

70th percentile

17%

Higher net margin than 70% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

72nd percentile

15%

Faster asset growth than 72% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-34%

Faster revenue growth than 8% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Flat

$3,410,930

Flat from 2024

Net Assets

Flat

$3,352,430

Flat from 2024

Liabilities

Flat

$58,500

Flat from 2024

Revenue

Flat

$2,076,181

Flat from 2024

Expenses

Flat

$1,723,581

Flat from 2024

Net Income

Flat

$352,600

Flat from 2024

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $214,985Liabilities 2013: $23,081Net Assets 2013: $191,9042013Assets 2014: $374,309Liabilities 2014: $30,163Net Assets 2014: $344,1462014Assets 2015: $330,323Liabilities 2015: $20,907Net Assets 2015: $309,4162015Assets 2016: $398,108Liabilities 2016: $32,834Net Assets 2016: $365,2742016Assets 2017: $509,948Liabilities 2017: $39,377Net Assets 2017: $470,5712017Assets 2018: $428,957Liabilities 2018: $31,758Net Assets 2018: $397,1992018Assets 2019: $521,787Liabilities 2019: $9,753Net Assets 2019: $512,0342019Assets 2020: $782,290Liabilities 2020: $26,064Net Assets 2020: $756,2262020Assets 2021: $1,358,643Liabilities 2021: $2,393Net Assets 2021: $1,356,2502021Assets 2022: $2,194,709Liabilities 2022: $53,247Net Assets 2022: $2,141,4622022Assets 2023: $2,976,389Liabilities 2023: $73,248Net Assets 2023: $2,903,1412023Assets 2024: $3,410,930Liabilities 2024: $58,500Net Assets 2024: $3,352,4302024Assets 2024: $3,410,930Liabilities 2024: $58,500Net Assets 2024: $3,352,4302024Assets 2025: $5,735,480Liabilities 2025: $234,160Net Assets 2025: $5,501,3202025

Highlighted filing

2024

Assets$3,410,930
Liabilities$58,500
Net Assets$3,352,430

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $241,110Expenses 2013: $148,597Net Income 2013: $92,5132013Revenue 2014: $301,924Expenses 2014: $149,682Net Income 2014: $152,2422014Revenue 2015: $179,211Expenses 2015: $213,941Net Income 2015: -$34,7302015Revenue 2016: $316,407Expenses 2016: $260,323Net Income 2016: $56,0842016Revenue 2017: $364,385Expenses 2017: $262,123Net Income 2017: $102,2622017Revenue 2018: $171,879Expenses 2018: $244,792Net Income 2018: -$72,9132018Revenue 2019: $572,812Expenses 2019: $463,527Net Income 2019: $109,2852019Revenue 2020: $1,040,245Expenses 2020: $795,487Net Income 2020: $244,7582020Revenue 2021: $1,239,810Expenses 2021: $639,786Net Income 2021: $600,0242021Revenue 2022: $2,135,315Expenses 2022: $1,271,173Net Income 2022: $864,1422022Revenue 2023: $3,151,329Expenses 2023: $2,486,692Net Income 2023: $664,6372023Revenue 2024: $2,076,181Expenses 2024: $1,723,581Net Income 2024: $352,6002024Revenue 2024: $2,076,181Expenses 2024: $1,723,581Net Income 2024: $352,6002024Revenue 2025: $4,646,624Expenses 2025: $2,534,178Net Income 2025: $2,112,4462025

Highlighted filing

2024

Revenue$2,076,181
Expenses$1,723,581
Net Income$352,600
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 4, 2024
Return Version
2023v5.0
Gross Receipts
$2,252,379
Mission and Program Overview

Mission

Nurturing the Body, Mind, and Spirit of Underprivileged Children in our Community.

Fbh community's mission is to "foster community organizations that proactively work to eradicate the causes of generational poverty." fbh community has launched various initiatives that work toward accomplishing fbh's mission. Those are food brings hope, vcan, and homes bring hope. We are proud that 100% of all contributions go directly to program funding, with all overhead expenses paid for by the hosseini family foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$1,347,325-
Investments in Publicly Traded Securities$895,264$1,117,346▲ $222,082
Inventories for Sale or Use$61,680$773,048▲ $711,368
Pledges and Grants Receivable$60,850$153,990▲ $93,140
Land, Buildings, and Equipment, Net$112,211$13,964▼ $98,247
Prepaid Expenses and Deferred Charges$19,113$2,400▼ $16,713
Cash and Non-Interest-Bearing Accounts$1,826,536$2,044▼ $1,824,492
Accounts Receivable$440$518▲ $78
Total Assets$2,976,389$3,410,930▲ $434,541
Other Assets Total$295$295→ $0
Liabilities
Deferred Revenue$60,000$50,000▼ $10,000
Accounts Payable and Accrued Expenses$13,248$8,500▼ $4,748
Total Liabilities$73,248$58,500▼ $14,748
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,903,141$3,352,430▲ $449,289
Total Net Assets Fund Balance$2,903,141$3,352,430▲ $449,289
Total Liabilities and Net Assets / Fund Balance$2,976,389$3,410,930▲ $434,541

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,964$20,945$34,909
Compensation and Service Providers

Board Members and Trustees

NameTitle
Forough HosseiniChair
David WeisDirector
Don DoudnaDirector
Jill SimpkinsDirector
Sandy BishopDirector
Samir NaranSecretary
Ted SerbousekTreasurer
Nellie LupoliVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,383,528
Program Service Revenue
$210,000
Investment Income
$308,378
Other Revenue
$174,275
All Other Contributions
$988,337
Change in Net Assets
$352,600

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$201,253Fair Market Value (FMV)
Food Inventory112$178,137Fair Market Value (FMV)
Total Noncash Contributions114$379,390-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,076,181
Revenue Not Reported on Form 990
$442,696
Total Revenue per Audited Statements
$2,518,877
Total Revenue per Form 990
$2,076,181
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,286,434
Salaries, Compensation, and Employee Benefits$437,147
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$394,809--$394,809
Occupancy$75,521--$75,521
Payroll Taxes$30,194--$30,194
Other Expenses$18,966--$18,966
Other Employee Benefits$12,144--$12,144
All Other Expenses$10,836--$10,836
Depreciation Depletion$10,832--$10,832
Insurance$5,142--$5,142
Office Expenses$3,307--$3,307
Travel$1,327--$1,327
Total Functional Expenses$1,723,581$0$0$1,723,581

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,007,997
Expenses per Audited Statements$1,723,581
Total Expenses per Form 990$1,723,581
Expenses Not Reported on Form 990$284,416
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$235,866
Fundraising Direct Expenses$61,591
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pearls of Hope$235,866$235,866$23,810$212,056
Total Events$235,866$235,866$61,591$174,275
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Forough hosseini nellie lupoli chair vp blood relatives

Form 990, Page 6, Part VI, Line 11B

A preliminary 990 is prepared by the treasurer. It is approved by the finance committee. It is then sent electronically to the board members. The board of directors meet to discuss the 990 and vote on approval. When approved, the 990 is sent to the irs.

Form 990, Page 6, Part VI, Line 12C

On an annual basis every board member receives a letter from the organization stating the conflict of interest policy. Each board member must sign, date, and return the memo indicating that he/she agrees to the policy and if he/she has any personal or professional affiliation with any of the fbh program recipients or vendors. If a board member does have a conflict, it is documented, and he/she is not allowed to vote on any board motions regarding those persons or companies.

Form 990, Page 6, Part VI, Line 19

The income tax return form 990 and all other public documents are available on request.

Filing and Contact Details

Filer

Filer Name
Fbh Community Inc
EIN
45-5480270
Phone
3868431161
Address
207 WHITE STREET, DAYTONA BEACH, FL 32114

Signing Officer

Name
Ted Serbousek
Title
Treasurer
Phone
3868431161
Signed
2024-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Forough Hosseini
Formed
2012
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
14
Volunteers
105

Preparer

Firm
Weston & Gregory LLC
Address
100 LA COSTA LANE STE 100, DAYTONA BEACH, FL 32114
Preparer
James Ashby
Phone
3862742747
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Fbh community's mission statement is to -create a community in which hard- working people can prosper." fbh community's programs consist of 1) food brings hope mission statement: creating a community where underprivileged school children discover their full potential. 2) vcan mission statement: eradicate hunger and homelessness among children and youth in volusia county and 3) homes bring hope mission statement: to lead the facilitation of homeownership opportunities for hard-working families by enhancing education, workforce development, employment, and health.

Form 990, Page 2, Part III, Line 4A

1)food brings hope food brings hope is committed to providing collaborative solutions for families with minor children facing hunger, homelessness, and poverty. A central focus of our programs is providing healthy, nutritious food to those in need. We offer both before and after-school programs in schools throughout volusia and flagler counties. Our mission is to eradicate hunger among school-aged children and families in our community. Through a variety of food security initiatives combined with educational support, we address not just the symptoms, but also the root causes of food insecurity. Our kidszone and teenzone programs, which began in 2007 at a single school with the vision of feeding and educating homeless and economically disadvantaged children, now operate in numerous schools across volusia and flagler counties. These programs are a cornerstone of our mission, providing at-risk students with opportunities to improve their academic performance and develop critical life skills. Fbh continuously adapts its initiatives, supporting each school in creating unique, tailored learning solutions for their students. From sponsoring reading initiatives for struggling third graders to offering enrichment activities in the sciences, and even arranging safe transportation, fbh provides innovative opportunities that enhance learning. Launched in 2012, the fbhonors initiative focuses on helping high-achieving students reach their full potential. The program provides rigorous, diverse opportunities in small class settings, guiding students through high school and preparing them for college. With a strong emphasis on stem subjects, fbhonors nurtures talent and paves the way for future success. In response to learning gaps exacerbated by the pandemic, many students struggled with florida's assessment tests. To address this, we introduced "change the code," a program supported by the florida department of education. This initiative, which includes both before and after-school programs, focuses on english language arts (ela) and math, serving elementary and middle schools with alarmingly low passing rates to help students improve their performance. Launched in 2023, the lemerand center of excellence (lce) is a collaborative program between fbh community, daytona state college and volusia county school district. Lce is dedicated to enhancing educational outcomes for underserved youth in volusia county. The program focuses on helping struggling students achieve standardized test results at or above grade level in mathematics and english language arts (ela) through targeted academic support and tutoring. Since its launch, the lce has significantly contributed to students' academic success and personal development, reflecting a strong commitment to empowering at-risk youth.

Form 990, Page 2, Part III, Line 4C

3.) homes bring hope the vision of the fbh prosperity program is to equip every resident with the knowledge and skills necessary to overcome barriers and achieve homeownership. Fbhp's mission is to foster economic growth for families by enhancing education, workforce development, health, employment, and ultimately homeownership. Established in 2021, the program provides clients with support in credit restoration, financial education, and career progression. The primary goal of fbhp is to prepare our clients for the homebuying process. Once they have accomplished the requirements, the client is enrolled in the homes bring hope program. The mission of the homes bring hope program is to "facilitate the homeownership opportunities for hard-working families". Hbh aims to empower families to break the cycle of generational poverty by building equity through homeownership. To date, hbh has successfully placed tens of families into their own homes, with a vision to expand and create even more homeowners in the years to come. Homes brings hope's unique structure enables it to sell these homes at or below cost. Therefore, the homebuyer creates equity as soon as they close on their house.

Form 990, Page 2, Part III, Line 4D

4.) city of daytona beach home beautification projects

Financial Statement Notes

Schedule D, Page 3, Part X

The organization files tax returns in the u.s. Federal jurisdiction. The organization believes that it has appropriate support for any income tax positions taken. Therfore, management has not identified any uncertain income tax positions.

Schedule D, Page 4, Part XI, Line 2D

FUNDRAISING 61,591

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IRS990/Desc01)FOOD BRINGS HOPE FOOD BRINGS HOPE IS COMMITTED TO PROVIDING COLLABORATIVE SOLUTIONS FOR FAMILIES WITH MINOR CHILDREN FACING HUNGER, HOMELESSNESS, AND POVERTY. A CENTRAL FOCUS OF OUR PROGRAMS IS PROVIDING HEALTHY, NUTRITIOUS FOOD TO THOSE IN NEED. WE OFFER BOTH BEFORE AND AFTER-SCHOOL PROGRAMS IN SCHOOLS THROUGHOUT VOLUSIA AND FLAGLER COUNTIES. OUR MISSION IS TO ERADICATE HUNGER AMONG SCHOOL-AGED CHILDREN AND FAMILIES IN OUR COMMUNITY. THROUGH A VARIETY OF FOOD SECURITY INITIATIVES COMBINED WITH EDUCATIONAL SUPPORT, WE ADDRESS NOT JUST THE SYMPTOMS, BUT ALSO THE ROOT CAUSES OF FOOD INSECURITY. OUR KIDSZONE AND TEENZONE PROGRAMS, WHICH BEGAN IN 2007 AT A SINGLE SCHOOL WITH THE VISION OF FEEDING AND EDUCATING HOMELESS AND ECONOMICALLY DISADVANTAGED CHILDREN, NOW OPERATE IN NUMEROUS SCHOOLS ACROSS VOLUSIA AND FLAGLER COUNTIES. THESE PROGRAMS ARE A CORNERSTONE OF OUR MISSION, PROVIDING AT-RISK STUDENTS WITH OPPORTUNITIES TO IMPROVE THEIR ACADEMIC PERFORMANCE AND DEVELOP CRITICAL LIFE SKILLS. FBH CONTINUOUSLY ADAPTS ITS INITIATIVES, SUPPORTING EACH SCHOOL IN CREATING UNIQUE, TAILORED LEARNING SOLUTIONS FOR THEIR STUDENTS. FROM SPONSORING READING INITIATIVES FOR STRUGGLING THIRD GRADERS TO OFFERING ENRICHMENT ACTIVITIES IN THE SCIENCES, AND EVEN ARRANGING SAFE TRANSPORTATION, FBH PROVIDES INNOVATIVE OPPORTUNITIES THAT ENHANCE LEARNING. LAUNCHED IN 2012, THE FBHONORS INITIATIVE FOCUSES ON HELPING HIGH-ACHIEVING STUDENTS REACH THEIR FULL POTENTIAL. THE PROGRAM PROVIDES RIGOROUS, DIVERSE OPPORTUNITIES IN SMALL CLASS SETTINGS, GUIDING STUDENTS THROUGH HIGH SCHOOL AND PREPARING THEM FOR COLLEGE. WITH A STRONG EMPHASIS ON STEM SUBJECTS, FBHONORS NURTURES TALENT AND PAVES THE WAY FOR FUTURE SUCCESS. IN RESPONSE TO LEARNING GAPS EXACERBATED BY THE PANDEMIC, MANY STUDENTS STRUGGLED WITH FLORIDA'S ASSESSMENT TESTS. TO ADDRESS THIS, WE INTRODUCED "CHANGE THE CODE," A PROGRAM SUPPORTED BY THE FLORIDA DEPARTMENT OF EDUCATION. THIS INITIATIVE, WHICH INCLUDES BOTH BEFORE AND AFTER-SCHOOL PROGRAMS, FOCUSES ON ENGLISH LANGUAGE ARTS (ELA) AND MATH, SERVING ELEMENTARY AND MIDDLE SCHOOLS WITH ALARMINGLY LOW PASSING RATES TO HELP STUDENTS IMPROVE THEIR PERFORMANCE. LAUNCHED IN 2023, THE LEMERAND CENTER OF EXCELLENCE (LCE) IS A COLLABORATIVE PROGRAM BETWEEN FBH COMMUNITY, DAYTONA STATE COLLEGE AND VOLUSIA COUNTY SCHOOL DISTRICT. LCE IS DEDICATED TO ENHANCING EDUCATIONAL OUTCOMES FOR UNDERSERVED YOUTH IN VOLUSIA COUNTY. THE PROGRAM FOCUSES ON HELPING STRUGGLING STUDENTS ACHIEVE STANDARDIZED TEST RESULTS AT OR ABOVE GRADE LEVEL IN MATHEMATICS AND ENGLISH LANGUAGE ARTS (ELA) THROUGH TARGETED ACADEMIC SUPPORT AND TUTORING. SINCE ITS LAUNCH, THE LCE HAS SIGNIFICANTLY CONTRIBUTED TO STUDENTS' ACADEMIC SUCCESS AND PERSONAL DEVELOPMENT, REFLECTING A STRONG COMMITMENT TO EMPOWERING AT-RISK YOUTH.
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IRS990/ProgSrvcAccomActy2Grp/Desc02.) VCAN LAUNCHED IN 2018, VCAN IS DEDICATED TO ENDING HUNGER IN VOLUSIA COUNTY. THIS PROGRAM PROVIDES IMMEDIATE, TEMPORARY FOOD SUPPORT FOR INDIVIDUALS OR FAMILIES WITH YOUNG CHILDREN WHO FIND THEMSELVES IN UNEXPECTED, CHALLENGING SITUATIONS. AS PART OF THIS PROGRAM, VCAN DISTRIBUTES FRESH FRUITS AND VEGETABLES TO ENCOURAGE HEALTHY EATING IN OUR COMMUNITY.
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IRS990/ProgSrvcAccomActy3Grp/Desc03.) HOMES BRING HOPE THE VISION OF THE FBH PROSPERITY PROGRAM IS TO EQUIP EVERY RESIDENT WITH THE KNOWLEDGE AND SKILLS NECESSARY TO OVERCOME BARRIERS AND ACHIEVE HOMEOWNERSHIP. FBHP'S MISSION IS TO FOSTER ECONOMIC GROWTH FOR FAMILIES BY ENHANCING EDUCATION, WORKFORCE DEVELOPMENT, HEALTH, EMPLOYMENT, AND ULTIMATELY HOMEOWNERSHIP. ESTABLISHED IN 2021, THE PROGRAM PROVIDES CLIENTS WITH SUPPORT IN CREDIT RESTORATION, FINANCIAL EDUCATION, AND CAREER PROGRESSION. THE PRIMARY GOAL OF FBHP IS TO PREPARE OUR CLIENTS FOR THE HOMEBUYING PROCESS. ONCE THEY HAVE ACCOMPLISHED THE REQUIREMENTS, THE CLIENT IS ENROLLED IN THE HOMES BRING HOPE PROGRAM. THE MISSION OF THE HOMES BRING HOPE PROGRAM IS TO "FACILITATE THE HOMEOWNERSHIP OPPORTUNITIES FOR HARD-WORKING FAMILIES". HBH AIMS TO EMPOWER FAMILIES TO BREAK THE CYCLE OF GENERATIONAL POVERTY BY BUILDING EQUITY THROUGH HOMEOWNERSHIP. TO DATE, HBH HAS SUCCESSFULLY PLACED TENS OF FAMILIES INTO THEIR OWN HOMES, WITH A VISION TO EXPAND AND CREATE EVEN MORE HOMEOWNERS IN THE YEARS TO COME. HOMES BRINGS HOPE'S UNIQUE STRUCTURE ENABLES IT TO SELL THESE HOMES AT OR BELOW COST. THEREFORE, THE HOMEBUYER CREATES EQUITY AS SOON AS THEY CLOSE ON THEIR HOUSE.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc04.) CITY OF DAYTONA BEACH HOME BEAUTIFICATION PROJECTS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN. THERFORE, MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN INCOME TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING 61,591
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FBH COMMUNITY'S MISSION STATEMENT IS TO -CREATE A COMMUNITY IN WHICH HARD- WORKING PEOPLE CAN PROSPER." FBH COMMUNITY'S PROGRAMS CONSIST OF 1) FOOD BRINGS HOPE MISSION STATEMENT: CREATING A COMMUNITY WHERE UNDERPRIVILEGED SCHOOL CHILDREN DISCOVER THEIR FULL POTENTIAL. 2) VCAN MISSION STATEMENT: ERADICATE HUNGER AND HOMELESSNESS AMONG CHILDREN AND YOUTH IN VOLUSIA COUNTY AND 3) HOMES BRING HOPE MISSION STATEMENT: TO LEAD THE FACILITATION OF HOMEOWNERSHIP OPPORTUNITIES FOR HARD-WORKING FAMILIES BY ENHANCING EDUCATION, WORKFORCE DEVELOPMENT, EMPLOYMENT, AND HEALTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11)FOOD BRINGS HOPE FOOD BRINGS HOPE IS COMMITTED TO PROVIDING COLLABORATIVE SOLUTIONS FOR FAMILIES WITH MINOR CHILDREN FACING HUNGER, HOMELESSNESS, AND POVERTY. A CENTRAL FOCUS OF OUR PROGRAMS IS PROVIDING HEALTHY, NUTRITIOUS FOOD TO THOSE IN NEED. WE OFFER BOTH BEFORE AND AFTER-SCHOOL PROGRAMS IN SCHOOLS THROUGHOUT VOLUSIA AND FLAGLER COUNTIES. OUR MISSION IS TO ERADICATE HUNGER AMONG SCHOOL-AGED CHILDREN AND FAMILIES IN OUR COMMUNITY. THROUGH A VARIETY OF FOOD SECURITY INITIATIVES COMBINED WITH EDUCATIONAL SUPPORT, WE ADDRESS NOT JUST THE SYMPTOMS, BUT ALSO THE ROOT CAUSES OF FOOD INSECURITY. OUR KIDSZONE AND TEENZONE PROGRAMS, WHICH BEGAN IN 2007 AT A SINGLE SCHOOL WITH THE VISION OF FEEDING AND EDUCATING HOMELESS AND ECONOMICALLY DISADVANTAGED CHILDREN, NOW OPERATE IN NUMEROUS SCHOOLS ACROSS VOLUSIA AND FLAGLER COUNTIES. THESE PROGRAMS ARE A CORNERSTONE OF OUR MISSION, PROVIDING AT-RISK STUDENTS WITH OPPORTUNITIES TO IMPROVE THEIR ACADEMIC PERFORMANCE AND DEVELOP CRITICAL LIFE SKILLS. FBH CONTINUOUSLY ADAPTS ITS INITIATIVES, SUPPORTING EACH SCHOOL IN CREATING UNIQUE, TAILORED LEARNING SOLUTIONS FOR THEIR STUDENTS. FROM SPONSORING READING INITIATIVES FOR STRUGGLING THIRD GRADERS TO OFFERING ENRICHMENT ACTIVITIES IN THE SCIENCES, AND EVEN ARRANGING SAFE TRANSPORTATION, FBH PROVIDES INNOVATIVE OPPORTUNITIES THAT ENHANCE LEARNING. LAUNCHED IN 2012, THE FBHONORS INITIATIVE FOCUSES ON HELPING HIGH-ACHIEVING STUDENTS REACH THEIR FULL POTENTIAL. THE PROGRAM PROVIDES RIGOROUS, DIVERSE OPPORTUNITIES IN SMALL CLASS SETTINGS, GUIDING STUDENTS THROUGH HIGH SCHOOL AND PREPARING THEM FOR COLLEGE. WITH A STRONG EMPHASIS ON STEM SUBJECTS, FBHONORS NURTURES TALENT AND PAVES THE WAY FOR FUTURE SUCCESS. IN RESPONSE TO LEARNING GAPS EXACERBATED BY THE PANDEMIC, MANY STUDENTS STRUGGLED WITH FLORIDA'S ASSESSMENT TESTS. TO ADDRESS THIS, WE INTRODUCED "CHANGE THE CODE," A PROGRAM SUPPORTED BY THE FLORIDA DEPARTMENT OF EDUCATION. THIS INITIATIVE, WHICH INCLUDES BOTH BEFORE AND AFTER-SCHOOL PROGRAMS, FOCUSES ON ENGLISH LANGUAGE ARTS (ELA) AND MATH, SERVING ELEMENTARY AND MIDDLE SCHOOLS WITH ALARMINGLY LOW PASSING RATES TO HELP STUDENTS IMPROVE THEIR PERFORMANCE. LAUNCHED IN 2023, THE LEMERAND CENTER OF EXCELLENCE (LCE) IS A COLLABORATIVE PROGRAM BETWEEN FBH COMMUNITY, DAYTONA STATE COLLEGE AND VOLUSIA COUNTY SCHOOL DISTRICT. LCE IS DEDICATED TO ENHANCING EDUCATIONAL OUTCOMES FOR UNDERSERVED YOUTH IN VOLUSIA COUNTY. THE PROGRAM FOCUSES ON HELPING STRUGGLING STUDENTS ACHIEVE STANDARDIZED TEST RESULTS AT OR ABOVE GRADE LEVEL IN MATHEMATICS AND ENGLISH LANGUAGE ARTS (ELA) THROUGH TARGETED ACADEMIC SUPPORT AND TUTORING. SINCE ITS LAUNCH, THE LCE HAS SIGNIFICANTLY CONTRIBUTED TO STUDENTS' ACADEMIC SUCCESS AND PERSONAL DEVELOPMENT, REFLECTING A STRONG COMMITMENT TO EMPOWERING AT-RISK YOUTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23.) HOMES BRING HOPE THE VISION OF THE FBH PROSPERITY PROGRAM IS TO EQUIP EVERY RESIDENT WITH THE KNOWLEDGE AND SKILLS NECESSARY TO OVERCOME BARRIERS AND ACHIEVE HOMEOWNERSHIP. FBHP'S MISSION IS TO FOSTER ECONOMIC GROWTH FOR FAMILIES BY ENHANCING EDUCATION, WORKFORCE DEVELOPMENT, HEALTH, EMPLOYMENT, AND ULTIMATELY HOMEOWNERSHIP. ESTABLISHED IN 2021, THE PROGRAM PROVIDES CLIENTS WITH SUPPORT IN CREDIT RESTORATION, FINANCIAL EDUCATION, AND CAREER PROGRESSION. THE PRIMARY GOAL OF FBHP IS TO PREPARE OUR CLIENTS FOR THE HOMEBUYING PROCESS. ONCE THEY HAVE ACCOMPLISHED THE REQUIREMENTS, THE CLIENT IS ENROLLED IN THE HOMES BRING HOPE PROGRAM. THE MISSION OF THE HOMES BRING HOPE PROGRAM IS TO "FACILITATE THE HOMEOWNERSHIP OPPORTUNITIES FOR HARD-WORKING FAMILIES". HBH AIMS TO EMPOWER FAMILIES TO BREAK THE CYCLE OF GENERATIONAL POVERTY BY BUILDING EQUITY THROUGH HOMEOWNERSHIP. TO DATE, HBH HAS SUCCESSFULLY PLACED TENS OF FAMILIES INTO THEIR OWN HOMES, WITH A VISION TO EXPAND AND CREATE EVEN MORE HOMEOWNERS IN THE YEARS TO COME. HOMES BRINGS HOPE'S UNIQUE STRUCTURE ENABLES IT TO SELL THESE HOMES AT OR BELOW COST. THEREFORE, THE HOMEBUYER CREATES EQUITY AS SOON AS THEY CLOSE ON THEIR HOUSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt34.) CITY OF DAYTONA BEACH HOME BEAUTIFICATION PROJECTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOROUGH HOSSEINI NELLIE LUPOLI CHAIR VP BLOOD RELATIVES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A PRELIMINARY 990 IS PREPARED BY THE TREASURER. IT IS APPROVED BY THE FINANCE COMMITTEE. IT IS THEN SENT ELECTRONICALLY TO THE BOARD MEMBERS. THE BOARD OF DIRECTORS MEET TO DISCUSS THE 990 AND VOTE ON APPROVAL. WHEN APPROVED, THE 990 IS SENT TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ON AN ANNUAL BASIS EVERY BOARD MEMBER RECEIVES A LETTER FROM THE ORGANIZATION STATING THE CONFLICT OF INTEREST POLICY. EACH BOARD MEMBER MUST SIGN, DATE, AND RETURN THE MEMO INDICATING THAT HE/SHE AGREES TO THE POLICY AND IF HE/SHE HAS ANY PERSONAL OR PROFESSIONAL AFFILIATION WITH ANY OF THE FBH PROGRAM RECIPIENTS OR VENDORS. IF A BOARD MEMBER DOES HAVE A CONFLICT, IT IS DOCUMENTED, AND HE/SHE IS NOT ALLOWED TO VOTE ON ANY BOARD MOTIONS REGARDING THOSE PERSONS OR COMPANIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE INCOME TAX RETURN FORM 990 AND ALL OTHER PUBLIC DOCUMENTS ARE AVAILABLE ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01723581
IRS990/TotalFunctionalExpensesGrp/TotalAmt01723581
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt073248
IRS990/TotalLiabilitiesEOYAmt058500
IRS990/TotalLiabilitiesGrp/BOYAmt073248
IRS990/TotalLiabilitiesGrp/EOYAmt058500

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.74$0.23$5.50$4.65$2.53$2.11
2024Detailed filing. Detailed filing data is available for this year.$3.41$0.06$3.35$2.08$1.72$0.35
2024Summary only. Only limited summary data is available for this year.$3.41$0.06$3.35$2.08$1.72$0.35
2023Summary only. Only limited summary data is available for this year.$2.98$0.07$2.90$3.15$2.49$0.66
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.05$2.14$2.14$1.27$0.86
2021Summary only. Only limited summary data is available for this year.$1.36$0.00$1.36$1.24$0.64$0.60
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.03$0.76$1.04$0.80$0.24
2019Summary only. Only limited summary data is available for this year.$0.52$0.01$0.51$0.57$0.46$0.11
2018Summary only. Only limited summary data is available for this year.$0.43$0.03$0.40$0.17$0.24$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.04$0.47$0.36$0.26$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.03$0.37$0.32$0.26$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.02$0.31$0.18$0.21$0.03
2014Summary only. Only limited summary data is available for this year.$0.37$0.03$0.34$0.30$0.15$0.15
2013Summary only. Only limited summary data is available for this year.$0.21$0.02$0.19$0.24$0.15$0.09