Civic Intelligence

Ray of Hope Food Pantry Inc

EIN 82-2255278 • 501(c)3 • Bracey, VA

Profile

To provide those in need with food supplies. The organization serves the residents of lacrosse and bracey, virginia.

P O Box 785Bracey, VA 23919

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

11th percentile

-74%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

21st percentile

-45%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-36%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$46,294

Down $38,411 (-45%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$46,294

Down $38,411 (-45%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin11th percentile

Revenue

Down

$51,673

Down $29,580 (-36%) from 2023

Expenses

Up

$90,084

Up $22,447 (+33%) from 2023

Net Income

Down

-$38,411

Down $52,027 (-382%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2022: $71,089Liabilities 2022: $0Net Assets 2022: $71,0892022Assets 2023: $84,705Liabilities 2023: $0Net Assets 2023: $84,7052023Assets 2024: $46,294Liabilities 2024: $0Net Assets 2024: $46,2942024

Highlighted filing

2024

Assets$46,294
Liabilities$0
Net Assets$46,294
Open 2024 Filing

Operations Trend

Revenue Growth24th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2022: $59,915Expenses 2022: $46,079Net Income 2022: $13,8362022Revenue 2023: $81,253Expenses 2023: $67,637Net Income 2023: $13,6162023Revenue 2024: $51,673Expenses 2024: $90,084Net Income 2024: -$38,4112024

Highlighted filing

2024

Revenue$51,673
Expenses$90,084
Net Income-$38,411
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,294
Liabilities
$0
Net assets
$46,294
Revenue
$51,673
Expenses
$90,084
Net income
-$38,411
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$46.3$0.00$46.3$51.7$90.1$38.4
2023Detailed filing. Detailed filing data is available for this year.$84.7$0.00$84.7$81.3$67.6$13.6
2022Detailed filing. Detailed filing data is available for this year.$71.1$0.00$71.1$59.9$46.1$13.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 14, 2025
Return Version
2024v5.0
Gross Receipts
$51,673
Mission and Program Overview

Mission

To provide those in need with food supplies. The organization serves the residents of lacrosse and bracey, virginia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$84,705$46,294▼ $38,411
Total Assets$84,705$46,294▼ $38,411
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$84,705$46,294▼ $38,411
Total Net Assets Fund Balance$84,705$46,294▼ $38,411
Total Liabilities and Net Assets / Fund Balance$84,705$46,294▼ $38,411
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Becky RuddPresident
Alice TudorDirector
Junior BlevinsDirector
Mary PrestonDirector
Melissa HartmanDirector
Peggy SicklesDirector
Ruth JohnsonDirector
Diana ParkerSecretary
Karen LykeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$30,736
Program Service Revenue
$20,937
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-38,411
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$90,084
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,563--$1,563
Fees for Services Accounting-$475-$475
Insurance$441--$441
Other Expenses$164$55-$219
All Other Expenses-$25-$25
Total Functional Expenses$89,529$555$0$90,084
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Ray of Hope Food Pantry Inc
EIN
82-2255278
Phone
6073292840
Address
P O BOX 785, BRACEY, VA 23919

Signing Officer

Name
Karen Lyke
Title
Treasurer
Phone
6073292840
Signed
2025-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Becky Rudd
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Creedle Jones & Associates Pc
Address
828 N MECKLENBURG AVE, SOUTH HILL, VA 23970
Preparer
Kristen P Hart
Phone
4344477111
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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