Form 990 for tax year 2024
Filed by PALM BEACH COUNTY FOOD BANK INC.
Totals
- Total revenue
- $34,977,445
- Total expenses
- $33,923,352
- Contributions and grants received
- $34,538,104
- Grants paid
- $26,501,905
- Program service revenue
- $0
- Investment income
- $451,593
- Other revenue
- -$12,252
- Total assets, end of year
- $31,972,738
- Total liabilities, end of year
- $8,579,007
- Net assets or fund balances, end of year
- $23,393,731
- Program services expenses (Part IX)
- $32,543,388
- Management and general expenses
- $488,030
- Fundraising expenses
- $891,934
- Program service expenses (Part III)
- $32,543,388
Program services were 95.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$486,239
-
1c · Fundraising events
$97,545
-
1e · Government grants (contributions)
$1,711,334
-
1f · All other contributions, gifts and grants
$32,242,986
-
1g · Noncash contributions included above
$26,516,872
-
3 · Investment income
total $415,563 · excluded $415,563
-
7a · Gross sales of assets other than inventory
securities $2,810,347
-
7b · Less cost or other basis and sales expenses
securities $2,774,317
-
7c · Gain or loss
securities $36,030
-
7d · Net gain or loss
total $36,030 · excluded $36,030
-
8a · Fundraising events: gross income
$22,729
-
8a · Fundraising events: contributions included on line 1c
$97,545
-
8b · Fundraising events: direct expenses
$34,981
-
8c · Net income from fundraising events
total -$12,252 · excluded -$12,252
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $24,236,824 · program services $24,236,824
-
2 · Grants to domestic individuals
total $2,265,081 · program services $2,265,081
-
5 · Compensation of officers, directors and key employees
total $405,208 · program services $162,084 · management and general $121,562 · fundraising $121,562
-
7 · Other salaries and wages
total $1,990,045 · program services $1,777,116 · management and general $81,559 · fundraising $131,370
-
8 · Pension plan contributions
total $21,404 · program services $22,891 · management and general -$1,107 · fundraising -$380
-
9 · Other employee benefits
total $341,578 · program services $286,437 · management and general $23,771 · fundraising $31,370
-
10 · Payroll taxes
total $179,098 · program services $146,019 · management and general $14,653 · fundraising $18,426
-
11c · Fees: accounting
total $36,751 · program services $29,963 · management and general $3,007 · fundraising $3,781
-
11d · Fees: lobbying
total $81,000 · program services $72,900 · management and general $4,050 · fundraising $4,050
-
11e · Fees: professional fundraising services
total $179,458 · fundraising $179,458
-
11f · Fees: investment management
total $22,601 · management and general $22,601
-
11g · Fees: other
total $142,338 · program services $116,329 · management and general $11,521 · fundraising $14,488
-
12 · Advertising and promotion
total $192,217 · fundraising $192,217
-
13 · Office expenses
total $179,807 · program services $146,598 · management and general $14,711 · fundraising $18,498
-
14 · Information technology
total $135,179 · program services $110,213 · management and general $11,059 · fundraising $13,907
-
16 · Occupancy
total $584,535 · program services $499,731 · management and general $45,418 · fundraising $39,386
-
17 · Travel
total $17,114 · program services $13,953 · management and general $1,400 · fundraising $1,761
-
19 · Conferences, conventions and meetings
total $24,402 · program services $19,895 · management and general $1,996 · fundraising $2,511
-
20 · Interest
total $11,418 · program services $9,762 · management and general $887 · fundraising $769
-
22 · Depreciation, depletion and amortization
total $1,163,599 · program services $1,000,633 · management and general $87,276 · fundraising $75,690
-
23 · Insurance
total $281,214 · program services $246,204 · management and general $15,971 · fundraising $19,039
-
24a · Other expenses: Truck, Freight and Fuel
total $693,718 · program services $693,718
-
24b · Other expenses: Lease Expense
total $476,038 · program services $424,312 · management and general $27,695 · fundraising $24,031
-
24c · Other expenses: Kitchen Operations
total $152,934 · program services $152,934
-
24d · Other expenses: Warehouse Operating Exp
total $109,791 · program services $109,791
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $896,595 · end of year $448,089
-
2 · Savings and temporary cash investments
beginning of year $3,729,986 · end of year $1,467,656
-
3 · Pledges and grants receivable
beginning of year $987,525 · end of year $927,607
-
8 · Inventories for sale or use
beginning of year $1,840,636 · end of year $871,635
-
9 · Prepaid expenses and deferred charges
beginning of year $101,055 · end of year $91,369
-
10a · Land, buildings and equipment: cost or other basis
$14,785,866
-
10b · Land, buildings and equipment: accumulated depreciation
$2,239,834
-
10c · Land, buildings and equipment, net
beginning of year $12,745,871 · end of year $12,546,032
-
11 · Investments: publicly traded securities
beginning of year $3,048,568 · end of year $7,741,844
-
15 · Other assets
beginning of year $7,948,915 · end of year $7,878,506
-
17 · Accounts payable and accrued expenses
beginning of year $589,335 · end of year $460,450
-
25 · Other liabilities
beginning of year $8,335,424 · end of year $8,118,557
-
27 · Net assets without donor restrictions
beginning of year $18,444,297 · end of year $18,908,525
-
28 · Net assets with donor restrictions
beginning of year $3,930,095 · end of year $4,485,206
Mission and programs · 2024
Mission
The Palm Beach County Food Bank is dedicated to fighting hunger and improving food security in Palm Beach County by providing food, nutrition education and financial assistance services.
Activities or mission (Part I)
Together, we nourish our neighbors and improve their lives one meal at a time.
-
Established in 2012, The Palm Beach County Food Bank, Inc. (the "Food Bank") is committed to fighting hunger and improving food security in Palm Beach County by partnering with local organizations. The Food Bank collects, recovers, purchases, and distributes food to food pantries, soup kitchens, shelters, and other non-profit organizations in Palm Beach County at no cost. During the fiscal year ending June 30, 2025, the Food Bank distributed over 14 million pounds of food through six programs, serving more than 200 organizations that help address food insecurity in the county. (Continued on Schedule O)In addition, the Childhood Hunger Initiatives program distributed food packs for the weekend to over 5,000 children at 51 partner agencies throughout the year, resulting in a total of 180,750 bags of nutritious, shelf-stable food, equivalent to almost 1.6 million meals for children. The Senior Hunger Initiatives Program served approximately 600 unduplicated low-income, food-insecure households with a weekly produce box and nutrition information to help increase their intake of fresh vegetables and fruits. Groceries for Seniors supplemented seniors' weekly groceries by providing them with bi-weekly groceries. The Community Kitchen Program prepared and delivered nutritious hot meals, cold meals and snacks to 1,297 children. The Workforce Development Culinary piloted its first cohort program graduating two students, preparing them for entry level positions in the food industry. The Benefits Outreach program helped over 7,942 individuals with their SNAP applications, generating over $5.2 million of federal food benefit assistance revenue for the local economy.The Food Bank collects, recovers, purchases, and distributes food to food pantries, soup kitchens, shelters, schools, and other non-profit organizations in Palm Beach County. We are a locally led and governed food bank in Palm Beach County that distributes food to partner agencies at no cost. Serving one of the largest counties in Florida from Tequesta to Boca Raton, Belle Glade, and Pahokee to the Coast, the Food Bank successfully operates six programs:Partner Marketplace distributes food to partner agencies on the front line of hunger relief. Food Bank's refrigerated trucks pick up and receive food donations from local farmers, distributors, and retailers. The food is brought to the Food Bank's refrigerated warehouse and sorted by volunteers.Childhood Hunger Initiatives (CHI) Weekend Food for Kids, Lois' Food4Kids, and School Pantries provide school-age children who are on free/reduced-price lunch and their families with nutritious, easy-to-prepare food for the weekends. CHI gives families the opportunity to supplement their food budgets and complement the meals provided by schools during the school week by providing an additional food resource.Senior Hunger Initiatives delivers healthy food and educational resources to underserved populations, including food deserts and low-income seniors. Every two weeks, the program distributes fresh produce, shelf-stable groceries, and recipe cards through partnerships with local organizations and direct community engagement. Its mission is to improve food security and promote healthier eating habits by making nutritious options accessible to those who need them most.Community Kitchen Program prepares and delivers nutritious hot meals, cold meals, and snacks for children and seniors from our commercial kitchen, which has the capacity to produce thousands of meals each day, we serve after-school and summer programs as well as senior services to ensure consistent access to wholesome food when other options are limited. Through year-round partnerships with schools, community organizations, and senior programs, the Community Kitchen helps close the hunger gap and supports the well-being of our community.Workforce Development Culinary Training course is designed to prepare participants for entry-level positions in the food service industry. The training program builds culinary job readiness and practical life skills. The course is offered at no cost to students.The Benefits Outreach Program assists individuals and families with applying for the Supplemental Nutrition Assistance Program (SNAP), Medicaid, and Cash Assistance free of charge. Food Bank is one of only four organizations in Florida that provides the Department of Children & Families required federal food relief interview. The interview is conducted during a meeting with one of the Food Bank's benefits specialists, who speaks English, Spanish, and Haitian Creole.
Expenses $32,543,388 · Grants $26,501,905
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Marti LaTour
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
James Greco
Vice Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Deborah Pucillo
Vice Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Nancy Bolton
Vice Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Bob O'Connell
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Dorian Daggs
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Mark Busse
Director
- Total calculated
- $0
- Hours/week
- 1
-
Susan Rabinowitz
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Fumero
Director
- Total calculated
- $0
- Hours/week
- 1
-
Laura Russell
Director
- Total calculated
- $0
- Hours/week
- 1
-
Stephen Basore
Director
- Total calculated
- $0
- Hours/week
- 1
-
Billy Himmelrich
Director
- Total calculated
- $0
- Hours/week
- 1
-
Joe Kyles
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eileen Acello
Director
- Total calculated
- $0
- Hours/week
- 1
-
Julie Daum
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jamie Kendall
CEO
- Total calculated
- $225,633
- From this org
- $208,720
- From related orgs
- $0
- Other
- $16,913
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,846
- Bonus
- $14,874
- Other
- $0
- Deferred
- $7,829
- Nontaxable benefits
- $9,084
- Filer's total
- $225,633
-
Michael Groover
CFO
- Total calculated
- $153,413
- From this org
- $139,352
- From related orgs
- $0
- Other
- $14,061
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $124,427
- Bonus
- $14,925
- Other
- $0
- Deferred
- $4,977
- Nontaxable benefits
- $9,084
- Filer's total
- $153,413
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
Unrestricted Support
-
Unrestricted Support
-
$0
Unrestricted Support
-
Unrestricted Support
-
Unrestricted Support
-
Unrestricted Support
-
Unrestricted Support
-
Unrestricted Support
-
Unrestricted Support
-
Unrestricted Support
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202630649349301113
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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