Attack Poverty 
The information on this page was last updated 11/30/2022. If you see errors or omissions, please email: [email protected]
Summary
We are a global organization that serves locally, adopting pockets of poverty and launching what we call 'Friends Communities'. These communities are long-term commitments that require mutual relationships and collaborative efforts with local organizations, churches, residents, and stakeholders committed to community transformation. Our community programs include: in-school student support, after school programs, literacy, Adult GED completion, English as a Second Language classes, job readiness training and home repair.
Contact information
Mailing address:
Attack Poverty
3727 Greenbriar Dr.
Ste. 100
Stafford , TX 77477
Website: attackpoverty.org
Phone: 832-847-4379
Email: [email protected]
Organization details
EIN: 452401548
CEO/President: Brandon Baca
Chairman: Pete Rigsby
Board size: 7
Founder: Richard Logan
Ruling year: 2011
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2015
Purpose
Our vision is to empower people to attack poverty in their life and community by strengthening under-resourced communities through spiritual growth, education, revitalization, and basic needs.
Attack Poverty:
Attack - "To begin to deal with a problem or task in a determined and vigorous way"
Poverty - "Powerless, disenfranchised, lacking well-being and the resources to obtain well-being"
There are two types of poverty: Situational and Generational. We focus on breaking the cycle of generational poverty. Generational poverty cannot be changed with small, soft-hearted plans. It must be directly addressed with great intention through mutual relationships. Generational poverty is a complicated spiritual, relational, mental-attitude, educational and financial issue.
Mission statement
Strengthen under-resourced communities through spiritual growth, education, revitalization and basic needs.
Statement of faith
We believe...
One God, to be Creator and Ruler of the universe; He has always existed outside of the boundaries of time and has shown Himself in history in three distinct persons - God the Father, God the Son (Jesus) and God the Holy Spirit- these three distinctions form the Trinity.
Jesus is the Son of God, sent to earth to be the sinless sacrifice for our sins. He was both fully human and fully God. He was at the creation of the world, and by Him, all things were made. He rose from the dead after three days, and has complete power over sin and death. He will return one day to complete God's plan of redemption for all who believe, as well as creation itself.
The Salvation of lost and sinful mankind through the shed blood of Jesus Christ by faith alone.
The Holy Spirit is the third distinct member of the Trinity, co-equal to God and Jesus. He has been presented to this world to convict mankind of his sin, and make them aware of their need for Christ. He is present and active in each person from the moment they believe in Jesus as their Savior, and gives us power to defeat sin and the ability to understand God's truth.
The Bible is the story of the redemption of mankind by God. It is the inspired, infallible, authoritative Word of God. We believe the entire Bible points to the work and person of Jesus Christ.
The Unity of the Spirit of all true believers, the Church, the body of Christ. It is God's primary and intended instrument to serve the poor and bring about community transformation.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 248 of 1077 | 35 of 142 |
| Fund acquisition rating | | 604 of 1078 | 69 of 142 |
| Resource allocation rating | | 42 of 1078 | 16 of 142 |
| Asset utilization rating | | 467 of 1077 | 64 of 142 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 7% | 6% | 4% | 4% | 11% | 13% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 5% | 4% | 4% | 11% | 13% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 97% | 98% | 99% | 99% | 98% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 4% | 7% | 5% | 12% | 12% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 3% | 2% | 1% | 1% | 2% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 88% | 87% | 84% | 68% | 66% |
Spending ratio Spending ratio = Total expenses / Total revenue | 87% | 137% | 56% | 80% | 93% | 110% |
Program output ratio Program output ratio = Program services / Total revenue | 69% | 121% | 48% | 67% | 64% | 73% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 13% | -37% | 44% | 20% | 7% | -10% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 18% | -30% | 61% | 40% | 7% | -9% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 12% | 8% | 7% | 12% | 19% | 22% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.87 | 1.01 | 0.75 | 1.42 | 0.80 | 0.81 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.60 | 1.51 | 1.28 | 2.15 | 5.30 | 8.47 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.64 | 1.52 | 0.96 | 3.05 | 4.25 | 6.88 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Current ratio Current ratio = Total current assets / Total current liabilities | 14.18 | 22.67 | 189.42 | 73.79 | 9.10 | 6.01 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.04 | 0.01 | 0.01 | 0.11 | 0.17 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.75 | 7.55 | 12.43 | 3.88 | 2.51 | 1.45 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2016 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 8% | 3% | 8% | 14% | 15% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 3% | 3% | 7% | 12% | 13% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 89% | 91% | 129% | 65% | 107% | 104% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Cash | $2,757,601 | $1,378,833 | $980,401 | $262,447 | $154,015 |
| Receivables, inventories, prepaids | $358,978 | $3,133,425 | $12,514 | $3,802 | $0 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $3,116,579 | $4,512,258 | $992,915 | $266,249 | $154,015 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $1,556,454 | $1,274,651 | $1,137,241 | $1,145,102 | $1,150,162 |
| Other long-term assets | $18,051 | $5,897 | $6,120 | $280 | $280 |
| Total long-term assets | $1,574,505 | $1,280,548 | $1,143,361 | $1,145,382 | $1,150,442 |
| Total assets | $4,691,084 | $5,792,806 | $2,136,276 | $1,411,631 | $1,304,457 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2016 |
| Payables and accrued expenses | $117,999 | $23,822 | $13,456 | $29,253 | $25,636 |
| Other current liabilities | $19,470 | $0 | $0 | $0 | $0 |
| Total current liabilities | $137,469 | $23,822 | $13,456 | $29,253 | $25,636 |
| Debt | $143,623 | $151,095 | $158,040 | $164,652 | $172,131 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $92,587 | $23,796 | $3,706 | $1,160 | $669 |
| Total long-term liabilities | $236,210 | $174,891 | $161,746 | $165,812 | $172,800 |
| Total liabilities | $373,679 | $198,713 | $175,202 | $195,065 | $198,436 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Without donor restrictions | $1,997,171 | $1,415,182 | $1,660,390 | $1,216,566 | $1,106,021 |
| With donor restrictions | $2,320,234 | $4,178,911 | $300,684 | $0 | $0 |
| Net assets | $4,317,405 | $5,594,093 | $1,961,074 | $1,216,566 | $1,106,021 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2016 |
| Total contributions | $3,363,797 | $7,618,255 | $3,771,954 | $1,204,098 | $946,499 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $69,882 | $14,089 | $170 | $19 | $18 |
| Other revenue | $23,209 | $121,067 | $37,832 | $9,531 | $18,667 |
| Total other revenue | $93,091 | $135,156 | $38,002 | $9,550 | $18,685 |
| Total revenue | $3,456,888 | $7,753,411 | $3,809,956 | $1,213,648 | $965,184 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2016 |
| Program services | $4,174,400 | $3,751,480 | $2,533,883 | $773,391 | $703,710 |
| Management and general | $373,287 | $283,048 | $353,228 | $220,295 | $230,560 |
| Fundraising | $185,889 | $298,651 | $144,769 | $138,166 | $125,197 |
| Total expenses | $4,733,576 | $4,333,179 | $3,031,880 | $1,131,852 | $1,059,467 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2016 |
| Surplus (deficit) | ($1,276,688) | $3,420,232 | $778,076 | $81,796 | ($94,283) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($1,276,688) | $3,420,232 | $778,076 | $81,796 | ($94,283) |
Compensation
| Name | Title | Compensation |
| Brandon Baca | CEO | $101,929 |
Compensation data as of: 6/30/2020
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 11/30/2022. To update the information below, please email: [email protected]
History
In 2009, Richard Logan became the Missions Pastor at River Pointe Church and began to research areas in close proximity to his church with a high concentration of need. One day, he got in his car and just began to drive. Remembering people talking, several years back, about an "at-risk" area on the North side of the railroad tracks in downtown Richmond; Richard decided to go and take a look for himself. He was so moved by the need and possibilities for the church to partner with others in the community to bring about lasting transformation. After many conversations with city leaders, stakeholders and local residents, and pastors, Friends of North Richmond was born! The following year, Friends of Uganda was launched. In an effort to mobilize more churches and set the stage for future growth, Attack Poverty was founded by Richard Logan in 2011 and was granted 501c3 status! We are excited for all that God has in store as we look to the future and empower people to attack poverty in their life and community!