Civic Intelligence

Buddy Hoffman Foundation

990 • Fiscal year 2018 • EIN 83-2870278

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 16, 2020

Organization Profilegfc.tv/buddy-hoffman-foundation
1400 Dogwood RdSnellville, GA 30078

(770) 979-7000

Siviq Scores

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

Liabilities / Assets

69th percentile

0.27x

Higher debt load relative to assets than 69% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.25x

Higher debt load relative to revenue than 68% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

96th percentile

75%

Higher net margin than 96% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

38th percentile

$14,809

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets69th percentile

Assets

$1,474,887

No earlier filing loaded for comparison.

Net Assets

$1,076,633

No earlier filing loaded for comparison.

Liabilities

$398,254

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin96th percentile

Revenue

$1,575,320

No earlier filing loaded for comparison.

Expenses

$401,431

No earlier filing loaded for comparison.

Net Income

$1,173,889

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0Assets 2018: $1,474,887Liabilities 2018: $398,254Net Assets 2018: $1,076,6332018Assets 2019: $1,336,955Liabilities 2019: $13,930Net Assets 2019: $1,323,0252019Assets 2020: $1,456,017Liabilities 2020: $44,196Net Assets 2020: $1,411,8212020Assets 2022: $1,267,211Liabilities 2022: $12,522Net Assets 2022: $1,254,6892022Assets 2023: $1,250,931Liabilities 2023: $28,624Net Assets 2023: $1,222,3072023Assets 2024: $1,585,934Liabilities 2024: $8,625Net Assets 2024: $1,577,3092024

Highlighted filing

2018

Assets$1,474,887
Liabilities$398,254
Net Assets$1,076,633
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2018: $1,575,320Expenses 2018: $401,431Net Income 2018: $1,173,8892018Revenue 2019: $593,659Expenses 2019: $478,621Net Income 2019: $115,0382019Revenue 2020: $552,128Expenses 2020: $421,510Net Income 2020: $130,6182020Revenue 2022: $844,994Expenses 2022: $848,666Net Income 2022: -$3,6722022Revenue 2023: $627,550Expenses 2023: $735,638Net Income 2023: -$108,0882023Revenue 2024: $840,558Expenses 2024: $727,744Net Income 2024: $112,8142024

Highlighted filing

2018

Revenue$1,575,320
Expenses$401,431
Net Income$1,173,889
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 16, 2020
Return Version
2018v3.2
Gross Receipts
$1,578,425
Mission and Program Overview

Mission

We exist to cultivate a movement of healthy churches that are raising up next generation leaders, planting churches, and catalyzing Jesus movements in the Muslim world.

Raise up religious leaders, plant churches, & catalyze Jesus movements in the Muslim world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities-$1,096,999-
Cash and Non-Interest-Bearing Accounts-$377,888-
Total Assets$0$1,474,887▲ $1,474,887
Liabilities
Accounts Payable and Accrued Expenses-$398,254-
Total Liabilities$0$398,254▲ $398,254
Net Assets / Fund Balance
Unrestricted Net Assets-$1,076,633-
Total Net Assets Fund Balance$0$1,076,633▲ $1,076,633
Total Liabilities and Net Assets / Fund Balance$0$1,474,887▲ $1,474,887

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,096,999--
Compensation and Service Providers
Top Officer Pay38th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Matt ReynoldsExecutive DirectorPT$14,809$14,809

Board Members and Trustees

NameTitle
Danny SpinksCEO, Chairman of the Board
Will HeffnerCFO, Treasurer of the Board
Rus MazzaSecretary of the Board
Revenue and Support

Revenue Composition

Contributions and Grants
$1,518,993
Program Service Revenue
$0
Investment Income
$56,327
Other Revenue
$0
All Other Contributions
$1,518,993
Change in Net Assets
$1,173,889
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$279,488
Salaries, Compensation, and Employee Benefits$84,900
Other Expenses$37,043
Total Fundraising Expense$12,446
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$279,488--$279,488
Other Salaries and Wages$35,155$26,134$7,599$68,888
Conferences and Meetings$31,370--$31,370
Current Officers, Directors, Trustees, and Key Employees$10,001$1,539$3,847$15,387
Office Expenses-$3,179-$3,179
Fees for Services Legal-$1,494-$1,494
Advertising--$1,000$1,000
Payroll Taxes$250$375-$625
Total Functional Expenses$356,264$32,721$12,446$401,431
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Grace Fellowship ChurchSnellville, GA501(c)(3)Support for new start up campus - salaries, program costs$239,492
Grace Capital CityWashington, DC501(c)(3)Support for new start up campus - salaries, program costs$39,996
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
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.”

Form 990, Part VI, Section B, line 15

“The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions.”

Form 990, Part VI, Section C, line 19

“The governing documents and financial statements are available upon request.”

Form 990, Part VI, Section B, Line(S) 12-14:

“The organization is in the process of implementing a conflict of interest, whistleblower, and document retention and destruction policy. These questions will be answered "yes" on the 12/31/2020 tax return.”

Filing and Contact Details

Filer

Filer Name
Buddy Hoffman Foundation Inc
EIN
83-2870278
Phone
7709797000
Address
1400 Dogwood Rd, Snellville, GA 30078

Signing Officer

Name
Matt Reynolds
Title
Executive Director
Phone
7709797000
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Reynolds
Formed
2018
Legal Domicile
Ga
Voting Board Members
3
Independent Board Members
3
Employees
1
Volunteers
6

Preparer

Firm
Capin Crouse LLP
Address
1255 Lakes Parkway Suite 130, Lawrenceville, GA 30043
Preparer
Ted R Batson Jr
Phone
6785185301
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 2A:

“Buddy Hoffman does not file any W-2's as employees are compensated through Grace Fellowship Church, a common paymaster. Buddy Hoffman reimburses the church for the employees' compensation related to the hours worked for Buddy Hoffman, and the reimbursements are reported on Form 990, Part VII, Section A and Form 990, Part IX, Lines 5 - 10. The number reported on this Line represents the number of employees who worked 100% for Buddy Hoffman.”

Form 990, Part X, Lines 27-29:

“In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its financial statements for the period ended 12/31/18. The 2018 Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $1,145,749 Line 29 - Net assets with donor restrictions 0 Total net assets $1,145,749”

Raw XML Appendix331 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0398254
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Raise up religious leaders, plant churches, & catalyze Jesus movements in the Muslim world.
IRS990/AdvertisingGrp/FundraisingAmt01000
IRS990/AdvertisingGrp/TotalAmt01000
IRS990/AllOtherContributionsAmt01518993
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0Melanie Studebaker
IRS990/BooksInCareOfDetail/PhoneNum07709797000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01400 Dogwood Rd
IRS990/BooksInCareOfDetail/USAddress/CityNm0Snellville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030078
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt0377888
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt03847
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt01539
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt010001
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt015387
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt031370
IRS990/ConferencesMeetingsGrp/TotalAmt031370
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01518993
IRS990/CYGrantsAndSimilarPaidAmt0279488
IRS990/CYInvestmentIncomeAmt056327
IRS990/CYOtherExpensesAmt037043
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01173889
IRS990/CYSalariesCompEmpBnftPaidAmt084900
IRS990/CYTotalExpensesAmt0401431
IRS990/CYTotalFundraisingExpenseAmt012446
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01575320
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0The Buddy Hoffman Foundation works with the Grace Family of Churches to identify and raise up next generation leaders. These young leaders are discipled through relationships and hands on learning in order to prepare them to lead new church plants and further the Kingdom of God. Fourteen individuals were discipled in 2018 through our Fellowship program and sent out to make an impact as part of the great commission. In addition to discipling these individuals through the Grace Family of Churches, three new Grace churches were financially supported.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0356264
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01494
IRS990/FeesForServicesLegalGrp/TotalAmt01494
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt315.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0Danny Spinks
IRS990/Form990PartVIISectionAGrp/PersonNm1Rus Mazza
IRS990/Form990PartVIISectionAGrp/PersonNm2Will Heffner
IRS990/Form990PartVIISectionAGrp/PersonNm3Matt Reynolds
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt314809
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO, Chairman of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO, Treasurer of the Board
IRS990/Form990PartVIISectionAGrp/TitleTxt3Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt071
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0279488
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0279488
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0279488
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03176
IRS990/GrossReceiptsAmt01578425
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InitialReturnInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt056256
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt056256
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01096999
IRS990/IRPDocumentCnt023
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0GA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03105
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0We exist to cultivate a movement of healthy churches that are raising up next generation leaders, planting churches, and catalyzing Jesus movements in the Muslim world.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesEOYAmt01076633
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt071
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt071
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-97256
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03179
IRS990/OfficeExpensesGrp/TotalAmt03179
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07599
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026134
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt035155
IRS990/OtherSalariesAndWagesGrp/TotalAmt068888
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0375
IRS990/PayrollTaxesGrp/ProgramServicesAmt0250
IRS990/PayrollTaxesGrp/TotalAmt0625
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Matt Reynolds
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYExcessBenefitTransInd00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01173889
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Schedule A, Part II, Columns (a) - (e): Per the instructions public support is measured using a 5-year computation period that includes the current and four prior tax years (including short years). The organization had a short year in 2018. The below chart clarifies the information represented in Schedule A, Part II: Column (e) - 2 month period ending 12/31/18
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II, Short Year Explanation:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01518993
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01518993
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt056256
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt056256
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01518993
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01518993
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01518993
IRS990ScheduleA/TotalSupportAmt01575249
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01096999
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Investments - other securities
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01096999
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0239492
IRS990ScheduleI/RecipientTable/CashGrantAmt139996
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support for new start up campus - salaries, program costs
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Support for new start up campus - salaries, program costs
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Grace Fellowship Church
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Grace Capital City
IRS990ScheduleI/RecipientTable/RecipientEIN0581617418
IRS990ScheduleI/RecipientTable/RecipientEIN1475031574
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01400 Dogwood Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12201 P St NW
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Snellville
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Washington
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd030078
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd120037
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grants are made to churches that are still in start up mode. The churches are required to provide annual budgets and financials to the Buddy Hoffman Foundation.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Buddy Hoffman does not file any W-2's as employees are compensated through Grace Fellowship Church, a common paymaster. Buddy Hoffman reimburses the church for the employees' compensation related to the hours worked for Buddy Hoffman, and the reimbursements are reported on Form 990, Part VII, Section A and Form 990, Part IX, Lines 5 - 10. The number reported on this Line represents the number of employees who worked 100% for Buddy Hoffman.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization is in the process of implementing a conflict of interest, whistleblower, and document retention and destruction policy. These questions will be answered "yes" on the 12/31/2020 tax return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its financial statements for the period ended 12/31/18. The 2018 Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $1,145,749 Line 29 - Net assets with donor restrictions 0 Total net assets $1,145,749
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part V, Line 2a:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line(s) 12-14:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part X, Lines 27-29:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt01474887
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt01474887
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01518993
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012446
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032721
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0356264
IRS990/TotalFunctionalExpensesGrp/TotalAmt0401431
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0398254
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0398254
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01076633
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0356264
IRS990/TotalReportableCompFromOrgAmt014809
IRS990/TotalRevenueGrp/ExclusionAmt056327
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01575320
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01474887
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01076633
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01400 Dogwood Rd
IRS990/USAddress/CityNm0Snellville
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030078
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0https://gfc.tv/buddy-hoffman-foundation/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Matt Reynolds
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07709797000
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Buddy Hoffman Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0BUDD
ReturnHeader/Filer/EIN0832870278
ReturnHeader/Filer/PhoneNum07709797000
ReturnHeader/Filer/USAddress/AddressLine1Txt01400 Dogwood Rd
ReturnHeader/Filer/USAddress/CityNm0Snellville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030078
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A2475684D6CE6382E9D95D0D2ED3A7D2D234FB32
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07F684E7D4B8E273F43A014C706AA8C09D45040EC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0139.146.132.42
ReturnHeader/FilingSecurityInformation/IPDt02020-11-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0US
ReturnHeader/FilingSecurityInformation/IPTm015:18:39
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363990892
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Capin Crouse LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01255 Lakes Parkway Suite 130
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lawrenceville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030043
ReturnHeader/PreparerPersonGrp/PhoneNum06785185301
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ted R Batson Jr
ReturnHeader/ReturnTs02020-11-16T14:18:47-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-11-20
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,474,887
Liabilities
$398,254
Net assets
$1,076,633
Revenue
$1,575,320
Expenses
$401,431
Net income
$1,173,889
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.59$0.01$1.58$0.84$0.73$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.03$1.22$0.63$0.74$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.27$0.01$1.25$0.84$0.85$0.00
2020Summary only. Only limited summary data is available for this year.$1.46$0.04$1.41$0.55$0.42$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.34$0.01$1.32$0.59$0.48$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.47$0.40$1.08$1.58$0.40$1.17