Attack Poverty

The information on this page was last updated 4/5/2022. If you see errors or omissions, please email: info@ministrywatch.com


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: info@attackpoverty.org


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

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Transparency grade

A

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Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating100 of 10319 of 77
Fund acquisition rating349 of 103321 of 77
Resource allocation rating27 of 10335 of 77
Asset utilization rating331 of 103128 of 77

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%6%4%4%11%13%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%5%4%4%11%13%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
79%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
21%3%2%1%1%2%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%88%87%84%68%66%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%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
11%-37%44%20%7%-10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
13%-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 ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.801.010.751.420.800.81
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.131.511.282.155.308.47
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.691.520.963.054.256.88
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
11.3022.67189.4273.799.106.01
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.040.010.010.110.17
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.257.5512.433.882.511.45
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%8%3%8%14%15%
Debt ratio Debt ratio =
Debt /
Total assets
2%3%3%7%12%13%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
102%91%129%65%107%104%

Financials

Balance sheet
 
Assets20202019201820172016
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
 
Liabilities20202019201820172016
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 assets20202019201820172016
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
 
Revenue20202019201820172016
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
 
Expenses20202019201820172016
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 assets20202019201820172016
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

NameTitleCompensation
Brandon BacaCEO$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 4/5/2022. To update the information below, please email: info@ministrywatch.com


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!


Program accomplishments


Needs