HOGS FOR THE CAUSE
Mission Statement
Hogs for the Cause was established in 2008 with the purpose of gathering some friends, roasting a whole hogs, and support a child facing pediatric brain cancer. Now going into its 9th year, Hogs has grown into a 3 day event with a gala kick off on Thursday night which leads into the two day BBQ Competition and Music Event which hosts over 30,000 attendees. Teams sell their BBQ and along with food sales and sponsor dollars, Hogs is able to issue grants to help families fighting pediatric brain cancer. As of May 15, 2016, Hogs has given out over $1M in direct family grands and charitable giving since its inception.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.3% | 91.8% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.7% | 8.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 1.9% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 147.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
77.6 mo | 80.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
91.1% | 90.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
1.5% | 3.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
31.4% | 6.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
61.1% | -4.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $4.1M | $1.6M | $10.4M | 86.3% | 5 |
| 2022 | $4.1M | $1.2M | $7.7M | 83.9% | 3 |
| 2021 | $2.0M | $1.1M | N/A | — | 4 |
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