Skip to content
Nonprofiteer
← AKRON-CANTON REGIONAL FOODBANK

Form 990 for tax year 2023

Filed by AKRON-CANTON REGIONAL FOODBANK.

Totals

Total revenue
$62,044,704
Total expenses
$59,623,188
Contributions and grants received
$59,856,084
Grants paid
$2,016,324
Program service revenue
$1,954,669
Investment income
$230,281
Other revenue
$3,670
Total assets, end of year
$52,282,523
Total liabilities, end of year
$10,517,095
Net assets or fund balances, end of year
$41,765,428
Program services expenses (Part IX)
$55,123,519
Management and general expenses
$1,836,573
Fundraising expenses
$2,663,096
Program service expenses (Part III)
$55,123,519

Program services were 92.5% 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.

  • 1c · Fundraising events

    $98,039

  • 1d · Related organizations

    $115,216

  • 1e · Government grants (contributions)

    $1,536,484

  • 1f · All other contributions, gifts and grants

    $58,106,345

  • 1g · Noncash contributions included above

    $46,642,366

  • 2a · Program service revenue: DISTRIBUTION FEES

    total $1,266,077 · related or exempt $1,266,077

  • 2b · Program service revenue: SHARED MAINTENANCE

    total $619,992 · related or exempt $619,992

  • 2c · Program service revenue: AGENCY DELIVERY FEES AND FREIGHT

    total $68,600 · related or exempt $68,600

  • 3 · Investment income

    total $166,182 · excluded $166,182

  • 7a · Gross sales of assets other than inventory

    securities $657,170 · other assets $390

  • 7b · Less cost or other basis and sales expenses

    securities $593,461 · other assets $0

  • 7c · Gain or loss

    securities $63,709 · other assets $390

  • 7d · Net gain or loss

    total $64,099 · excluded $64,099

  • 8a · Fundraising events: gross income

    $23,860

  • 8a · Fundraising events: contributions included on line 1c

    $98,039

  • 8b · Fundraising events: direct expenses

    $54,134

  • 8c · Net income from fundraising events

    total -$30,274 · excluded -$30,274

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $33,944 · excluded $33,944

  • 11e · Other revenue, total

    $33,944

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,016,324 · program services $2,016,324

  • 5 · Compensation of officers, directors and key employees

    total $679,394 · program services $446,230 · management and general $133,237 · fundraising $99,927

  • 7 · Other salaries and wages

    total $5,388,560 · program services $3,184,972 · management and general $847,689 · fundraising $1,355,899

  • 8 · Pension plan contributions

    total $174,845 · program services $95,109 · management and general $28,891 · fundraising $50,845

  • 9 · Other employee benefits

    total $861,605 · program services $569,141 · management and general $105,052 · fundraising $187,412

  • 10 · Payroll taxes

    total $458,003 · program services $274,547 · management and general $73,892 · fundraising $109,564

  • 11g · Fees: other

    total $377,381 · program services $141,406 · management and general $218,848 · fundraising $17,127

  • 12 · Advertising and promotion

    total $142,817 · program services $3,383 · management and general $132,304 · fundraising $7,130

  • 13 · Office expenses

    total $1,170,228 · program services $305,008 · management and general $127,900 · fundraising $737,320

  • 14 · Information technology

    total $276,206 · program services $216,712 · management and general $59,494

  • 16 · Occupancy

    total $1,284,089 · program services $1,163,148 · management and general $23,069 · fundraising $97,872

  • 17 · Travel

    total $34,687 · program services $24,152 · management and general $10,535

  • 19 · Conferences, conventions and meetings

    total $244,975 · program services $227,318 · management and general $17,657

  • 21 · Payments to affiliates

    total $42,762 · program services $42,762

  • 22 · Depreciation, depletion and amortization

    total $737,314 · program services $737,314

  • 23 · Insurance

    total $149,233 · program services $98,904 · management and general $50,329

  • 24a · Other expenses: DONATED FOOD DISTRUBUTE

    total $45,209,069 · program services $45,209,069

  • 24b · Other expenses: FREIGHT AND TRANSPORTAT

    total $368,020 · program services $368,020

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $7,676 · management and general $7,676

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $19,162,943 · end of year $14,378,270

  • 3 · Pledges and grants receivable

    beginning of year $2,045,470 · end of year $1,520,263

  • 4 · Accounts receivable

    beginning of year $181,167 · end of year $129,457

  • 7 · Other notes and loans receivable

    beginning of year $4,530,750 · end of year $4,530,750

  • 8 · Inventories for sale or use

    beginning of year $2,776,920 · end of year $4,243,291

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,029 · end of year $12,770

  • 10a · Land, buildings and equipment: cost or other basis

    $26,006,800

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,327,021

  • 10c · Land, buildings and equipment, net

    beginning of year $5,163,419 · end of year $19,679,779

  • 11 · Investments: publicly traded securities

    beginning of year $2,035,060 · end of year $2,529,300

  • 15 · Other assets

    beginning of year $3,434,245 · end of year $5,258,643

  • 17 · Accounts payable and accrued expenses

    beginning of year $970,590 · end of year $1,694,413

  • 19 · Deferred revenue

    end of year $565,641

  • 23 · Secured mortgages and notes payable

    beginning of year $618,231 · end of year $696,610

  • 25 · Other liabilities

    beginning of year $0 · end of year $7,560,431

  • 27 · Net assets without donor restrictions

    beginning of year $32,792,542 · end of year $37,471,720

  • 28 · Net assets with donor restrictions

    beginning of year $4,949,640 · end of year $4,293,708

Mission and programs · 2023

Mission

THE MISSION OF THE AKRON-CANTON REGIONAL FOODBANK IS TO LEAD A COLLABORATIVE NETWORK THAT EMPOWERS PEOPLE TO EXPERIENCE HEALTHY AND HUNGER-FREE LIVES. WE DISTRIBUTE FOOD TO FEED PEOPLE AND WE ADVOCATE, ENGAGE AND CONVENE OUR COMMUNITY IN THE FIGHT TO END HUNGER.

Activities or mission (Part I)

FEED PEOPLE, FIGHT HUNGER.

  • TO PROCURE, WAREHOUSE, AND FACILITATE THE DISTRIBUTION OF DONATED FOODS AND OTHER PRODUCTS TO QUALIFIED ORGANIZATIONS WHICH SERVE PEOPLE IN NEED.

    Expenses $55,123,519 · Grants $2,016,324 · Revenue $1,954,669

As filed on the 2023 return.

Listed in Part VII

  • AMANDA MONTGOMERY

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • GREG LONG

    VICE CHAIR & TREASURER

    Total calculated
    $0
    Hours/week
    1

  • ROB BOWERS

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • FRANK WILEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DR TERI LASH-RITTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • AMY BORCHERDING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALICIA LAMANCUSA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRIS RICHARDSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HYUN PARK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAN BROPHY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NANCY HUTCHINSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LISA BACKLIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JONATHAN THORNTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RICH CLARK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KRISTIN HANNON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LAURA QUERY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TERRY LINK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JEROD CHERRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALISON BREAUX

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DANIEL FLOWERS

    PRESIDENT AND CEO

    Total calculated
    $333,091
    From this org
    $306,090
    From related orgs
    $0
    Other
    $27,001
    Hours/week
    50 + 1 related

    Schedule J breakdown matched by us

    Base
    $195,140
    Bonus
    $105,000
    Other
    $5,950
    Deferred
    $8,129
    Nontaxable benefits
    $18,872
    Filer's total
    $333,091

  • KATIE CARVER REED

    VICE PRESIDENT

    Total calculated
    $172,721
    From this org
    $152,908
    From related orgs
    $0
    Other
    $19,813
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $127,408
    Bonus
    $25,500
    Other
    $0
    Deferred
    $3,862
    Nontaxable benefits
    $15,951
    Filer's total
    $172,721

  • JENNIFER DYER

    VICE PRESIDENT, OPERATIONS

    Total calculated
    $173,582
    From this org
    $152,132
    From related orgs
    $0
    Other
    $21,450
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $125,132
    Bonus
    $27,000
    Other
    $0
    Deferred
    $2,593
    Nontaxable benefits
    $18,857
    Filer's total
    $173,582

  • COLLEEN BENSON

    VICE PRESIDENT, DEVELOPMENT

    Total calculated
    $161,999
    From this org
    $136,473
    From related orgs
    $0
    Other
    $25,526
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $117,673
    Bonus
    $18,800
    Other
    $0
    Deferred
    $4,792
    Nontaxable benefits
    $20,734
    Filer's total
    $161,999

  • MICHAEL WILSON

    VICE PRESIDENT, MKT AND COMMUN.

    Total calculated
    $124,783
    From this org
    $113,854
    From related orgs
    $0
    Other
    $10,929
    Hours/week
    50

  • CAROL CRABTREE

    VICE PRESIDENT, HUMAN RESOURCES

    Total calculated
    $122,174
    From this org
    $106,301
    From related orgs
    $0
    Other
    $15,873
    Hours/week
    50

  • LESLIE GENOVESE

    DIRECTOR, CORPORATE ENGAGEMENT

    Total calculated
    $124,654
    From this org
    $102,738
    From related orgs
    $0
    Other
    $21,916
    Hours/week
    50

  • MATTHEW PETRICK

    DIRECTOR, OPERATIONS

    Total calculated
    $106,434
    From this org
    $100,673
    From related orgs
    $0
    Other
    $5,761
    Hours/week
    50

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 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 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

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202403209349316430

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.