Convoy of Hope

The information on this page was last updated 4/18/2023. If you see errors or omissions, please email: [email protected]


Summary

Convoy of Hope is a faith-based, nonprofit organization with a driving passion to feed the world through children's feeding initiatives, community outreach, and disaster response.

In partnership with local churches, businesses, civic organizations, and government agencies, Convoy strategically offers help and hope to communities around the world.


Contact information

Mailing address:
Convoy of Hope
P.O. Box 1125
Springfield, MO 65801

Website: convoyofhope.org

Phone: (417) 823-8998

Email: [email protected]


Organization details

EIN: 680051386

CEO/President: Mr. Hal Donaldson

Chairman: Dr. Aaron Cole

Board size: 14

Founder: Hal Donaldson

Ruling year: 2020

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2001


Purpose

Convoy of Hope's goal is to bring help and hope to those who are impoverished, hungry, and hurting.


Mission statement

Convoy of Hope is a nonprofit organization on a mission to feed the hungry and bring help and hope to communities that need it most.


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating152 of 111020 of 88
Fund acquisition rating389 of 111135 of 88
Resource allocation rating281 of 111125 of 88
Asset utilization rating234 of 111026 of 88

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%5%4%8%6%5%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%5%4%8%6%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%98%99%100%101%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%5%5%8%7%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%2%1%0%-1%0%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%91%93%89%90%91%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%84%94%98%97%90%
Program output ratio Program output ratio =
Program services /
Total revenue
82%76%88%87%86%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%16%6%2%3%10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%46%26%7%11%36%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
6%3%2%3%4%3%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.512.273.282.542.893.02
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.231.231.481.361.301.31
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.892.804.853.473.753.95
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
16.1229.845.654.0717.3711.89
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.030.180.250.060.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.824.142.032.613.012.78
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%3%20%19%6%9%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%8%1%2%2%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
60%43%25%32%33%30%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$16,708,627$55,180,620$39,965,760$28,550,171$25,521,773
Receivables, inventories, prepaids$33,291,135$15,248,657$14,825,420$15,839,950$14,360,828
Short-term investments$80,064,750$174,780$163,271$630,438$111,358
Other current assets$0$0$0$0$0
Total current assets$130,064,512$70,604,057$54,954,451$45,020,559$39,993,959
Long-term investments$900,000$15,468,646$12,861,440$3,117,491$33,446
Fixed assets$29,055,840$18,135,035$7,049,002$10,404,475$11,629,238
Other long-term assets$215,799$143,629$20,253$0$564,289
Total long-term assets$30,171,639$33,747,310$19,930,695$13,521,966$12,226,973
Total assets$160,236,151$104,351,367$74,885,146$58,542,525$52,220,932
 
Liabilities20212020201920182017
Payables and accrued expenses$2,768,473$5,510,346$2,873,840$2,438,139$2,819,428
Other current liabilities$1,590,244$6,979,672$10,621,237$153,680$544,105
Total current liabilities$4,358,717$12,490,018$13,495,077$2,591,819$3,363,533
Debt$0$7,874,251$617,223$896,603$1,206,737
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$11,757
Total long-term liabilities$0$7,874,251$617,223$896,603$1,218,494
Total liabilities$4,358,717$20,364,269$14,112,300$3,488,422$4,582,027
 
Net assets20212020201920182017
Without donor restrictions$145,877,175$79,704,430$48,413,120$35,783,233$28,553,119
With donor restrictions$10,000,259$4,282,668$12,359,726$19,270,870$19,085,786
Net assets$155,877,434$83,987,098$60,772,846$55,054,103$47,638,905
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$428,359,924$360,166,373$195,618,561$176,728,792$174,930,532
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$6,229,222$4,838,938$1,467,520($32,328)$90,249
Other revenue$1,003,123($783)($2,259,788)($1,622,012)$58,799
Total other revenue$7,232,345$4,838,155($792,268)($1,654,340)$149,048
Total revenue$435,592,269$365,004,528$194,826,293$175,074,452$175,079,580
 
Expenses20212020201920182017
Program services$333,157,680$319,543,084$168,863,166$151,264,032$143,585,737
Management and general$11,371,406$7,405,394$6,207,973$6,618,170$4,889,649
Fundraising$19,970,888$15,799,714$15,427,646$11,109,897$9,456,680
Total expenses$364,499,974$342,748,192$190,498,785$168,992,099$157,932,066
 
Change in net assets20212020201920182017
Surplus (deficit)$71,092,295$22,256,336$4,327,508$6,082,353$17,147,514
Other changes in net assets$0$0$0$0$0
Total change in net assets$71,092,295$22,256,336$4,327,508$6,082,353$17,147,514

Compensation

NameTitleCompensation
Hal DonaldsonPresident/CEO$467,355
Keith BoucherSr Vice President/Ecos$320,718
Daniel Clark JrVice President - Partner Development$317,607
Rick WaggonerSr Vice President/Cdo$312,399
Brad RosenbergSr Vice President/Cpo$258,439
Ed GarvinVice President - Networks$255,384
Kregg HoodSr Vice President/Cbo$246,370
David RogersVice President - Partner Relations$228,053
Erick MeierVice President - Supply Chain$209,319
Kimarie PageVice President - Development Resources$198,019
Roger FlessingSr Vice President/CCO$189,803
Doree DonaldsonVice President - Convoy Wome$165,318
June MiddletonSr Vice President/CFO$125,717
Brad TraskTreasurer$36,000
Aaron ColeChairman$30,000
Tevlin JefferiesSecretary$26,050
Sam HuddlestonBoard of Directors$13,000
Cheryl JamisonBoard of Directors$3,000

Compensation data as of: 12/31/2021


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 4/18/2023. To update the information below, please email: [email protected]


History

1969 - Founder Hal Donaldson's father was killed in a tragic car crash. Through the kindness of neighbors, Hal and his family managed to make ends meet. The compassion they received would later lay the foundation for Convoy of Hope.

1994 - Meetings with Mother Teresa, and missionaries Mark and Huldah Buntain, inspired Hal Donaldson and a handful of dedicated family and friends to establish Convoy of Hope and host the first outreaches called "Care Days."

1994 - Convoy of Hope more than doubled the number of events held the previous year, and opened its headquarters in Springfield, Missouri.

1997 - A friend donated the first tractor-trailer to Convoy of Hope.

1998 - First U.S. and international disaster responses were conducted.

1999 - Convoy of Hope served its one-millionth person. Operations continued to expand in the U.S. and around the world.

2000 - The Convoy of Hope World Distribution Center opened, dramatically increasing capacity to store and distribute food and supplies.

2001 - When the 9/11 terrorist attacks occurred in New York City, Convoy of Hope responded with food, water, and relief supplies.

2005 - Convoy of Hope distributed nearly 1,000 tractor-trailer loads of food and supplies in response to Hurricane Katrina.

2007 - The 100th country was served and the Children's Feeding program began in El Salvador.

2008 - Convoy of Hope surpassed $100 million in donated food and supplies. More than 20 million people were served since 1994.

2009 - More than 20,000 kids were engaged in the Children's Feeding program in 2009. In total, 30 million people had been served.

2010 - Convoy of Hope's Women's Empowerment initiative started in Ethiopia. After Haiti's massive earthquake, Convoy distributed emergency aid and dramatically increased the number of children being fed throughout the recovery process.

2011 - Farmers in Haiti began to receive training through Convoy of Hope's new Agriculture initiative. A major milestone was crossed when more than 100,000 people were engaged in the Children's Feeding program.

2012 - Convoy of Hope surpassed 50 million people served.

2014 - Las Vegas, Nevada, was host to Convoy of Hope's 1,000th Community Event.

By 2015, more than 6,000 women were trained and equipped by Convoy of Hope's Women's Empowerment initiative.

2016 - More than 10,000 participants completed training in Convoy of Hope's Agriculture initiative by 2016. Farms and gardens around the world experienced increased harvests.

Hurricanes Harvey, Irma, and Maria caused enormous damage across the Caribbean, and in Houston, Texas. Convoy of Hope made a long-term commitment to the people of Puerto Rico.

2018 - The Hope Education Network was launched, creating an opportunity for future humanitarian workers to learn from Convoy of Hope's experience.

2019 - In 2019, 300,000 children were engaged in Convoy of Hope's Children's Feeding program.

2020 - Convoy of Hope responded to the COVID-19 pandemic by distributing more than 200 million meals.

2021 - Convoy of Hope completed construction on its new World Distribution Center. Because of the generosity of friends, the facility was built debt-free and without using mission donations. It will expand Convoy's capacity to engage volunteers and serve vulnerable children and families around the world.


Program accomplishments

Since 1994:

200M+ People Helped

950K+ Volunteers Engaged

$2B+ Food & Supplies Shared

700M+ Meals Served


Needs