Public Charity

BAGS OF HOPE

Based in CORNELIUS, NC, BAGS OF HOPE operates as a Public Charity. The organization reported $252K in revenue, $383K in expenses, $353K in total assets for fiscal year 2024. Imperigo tracks 29 reported grant relationships connected to this organization totaling approximately $351K.

EIN: 823487527 CORNELIUS, NC Latest filing: 2024
Total Revenue$252K
Total Expenses$383K
Total Assets$353K
Grant Records29
Funding Total$351K
Filing Years2020–2024

Mission

Bags of Hope seeks to bring hope to the Lake Norman and North Charlotte, NC, area by supplying free weekend food provisions to schoolchildren who experience food insecurity.

Officers & Directors

VICE PRESIDENT Adam Pennetti
BOARD MEMBER Ashley Fazal
PRESIDENT Ashley Nydish
TREASURER Frank Logano
BOARD MEMBER Jeff Holmes
BOARD MEMBER Josh Billig

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE GIFT
$94,000 3 grants
CHILD NUTRITION
$68,500 5 grants
HUMAN SERVICES
$54,150 6 grants
GENERAL SUPPORT
$52,285 5 grants
POVERTY
$20,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $252K $383K $353K
2023 $541K $587K $474K
2022 $477K $411K $587K
2021 $436K $281K $469K
2020 $464K $326K $308K

Between 2020 and 2024, reported annual revenue declined from $464K to $252K (-46%), with total assets most recently reported at $353K.

Interactive year-over-year charts and full filing details available with membership.

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