CONVOY OF HOPE FOUNDATION Charity Report

Public IRS 990 nonprofit record

CONVOY OF HOPE FOUNDATION

EIN 46-2845781 · Protestant (X21)

What they do

CONVOY of HOPE FOUNDATION WAS FORMED to SUPPORT CONVOY of HOPE, A 501(C)(3) ORGANIZATION, and OTHER CHARITABLE ORGANIZATIONS IN ITS SUPPORTED CLASS. THE FOUNDATION MAKES GRANTS to CONVOY of HOPE and OTHER EXEMPT 501(C)(3) ORGANIZATIONS WITHIN THE SUPPORTED CLASS to SUPPORT THEIR EXEMPT PURPOSES. THE FOUNDATION WILL MAINTAIN RECORDS to ACCOUNT for ALL CONTRIBUTIONS MADE BY THE FOUNDATION and THE DISTRIBUTION of GRANTS to THE SUPPORTED ORGANIZATIONS.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $16.50 was reported for mission work and $18.50 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

32.34%of revenue went to mission work16.5% of expenses · Program services

36.28%of revenue went to fundraising18.5% of expenses

$196.15spent for every $100 of revenueSpending was higher than revenue this year.

127.54%of revenue went to management and office costs65.0% of expenses

$17.72in assets for every $1 spent this yearSome assets cannot be spent right away.

128.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $145,763 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $76,748 for HAL DONALDSON (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$151,592

Mission workProgram services$49,01832.34% of revenue16.5% of expenses

ManagementOffice and general costs$193,337127.54% of revenue65.0% of expenses

FundraisingAsking for donations$55,00036.28% of revenue18.5% of expenses

Total expenses$297,355196.15% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Pause before giving. This filing reports that 18.5% of spending went to fundraising and 16.5% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2021CurrentExpense mix: 16.5% mission · 65.0% management · 18.5% fundraisingTotal expenses: 196.15% of revenue

2020Expense mix: 68.5% mission · 17.1% management · 14.4% fundraisingTotal expenses: 19.47% of revenue

2019Expense mix: 62.7% mission · 35.9% management · 1.4% fundraisingTotal expenses: 188.90% of revenue

2018Expense mix: 72.8% mission · 27.0% management · 0.2% fundraisingTotal expenses: 70.46% of revenue

2017Expense mix: 84.6% mission · 15.4% management · 0.0% fundraisingTotal expenses: 76.53% of revenue

2016Expense mix: 93.8% mission · 6.2% management · 0.0% fundraisingTotal expenses: 22.18% of revenue

Money in and money out

Revenue$151,592

Expenses$297,355

Annual shortfall $145,763 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$49,018 · 16.5% of expenses

Management and office costs$193,337 · 65.0% of expenses

Fundraising$55,000 · 18.5% of expenses

See all reported dollar amounts

Revenue$151,592

Expenses$297,355

Assets$5,269,335

Income$2,499,160

Contributions$194,683

Mission work (program services)$49,018

Fundraising$55,000

Grants given$1,387,926

Average grant$35,588

Management and general$193,337

Stocks and bonds$208,295

Accounting fees$1,838

People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

HAL DONALDSONPRESIDENT & CEO · 1 hrs/week $76,748Base · Other $76,748

KEITH BOUCHERSENIOR VP & ECOS · 1 hrs/week $45,567Base · Other $45,567

RICK WAGGONERVP & CHIEF DEVELOPMENT OFF · 1 hrs/week $23,566Base · Other $23,566

KREGG HOODSENIOR VP & CBO · 1 hrs/week $15,922Base · Other $15,922

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (5)

HAL DONALDSONPRESIDENT & CEO

KEITH BOUCHERSENIOR VP & ECOS

RICK WAGGONERVP & CHIEF DEVELOPMENT OFF

KREGG HOODSENIOR VP & CBO

COH CORPORATIONTRUSTEE

About this charity

Recognized since: January 2014
Location: 1 CONVOY DR, SPRINGFIELD, MO 65802-8450
County: Greene
In care of: % DAN CLOPINE
Primary officer: KREGG HOOD, CHIEF BUSINESS OFFICER

How to reach them

Phone(417) 823-8998

Filing and classification

Latest tax year: 2021
Tax period began: January 1, 2021
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Protestant (X21)
IRS tax category: Protestant
Grant-giving organization: Yes