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Nonprofiteer
← TREASURE COAST FOOD BANK INCORPORATED

Form 990 for tax year 2022

Filed by TREASURE COAST FOOD BANK INCORPORATED.

Totals

Total revenue
$38,083,409
Total expenses
$36,184,703
Contributions and grants received
$35,625,187
Grants paid
$27,690,697
Program service revenue
$2,098,794
Investment income
$48,309
Other revenue
$311,119
Total assets, end of year
$16,865,704
Total liabilities, end of year
$2,700,933
Net assets or fund balances, end of year
$14,164,771
Program services expenses (Part IX)
$35,086,795
Management and general expenses
$1,097,908
Fundraising expenses
$0
Program service expenses (Part III)
$35,086,795

Program services were 97.0% 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

    $33,826

  • 1e · Government grants (contributions)

    $9,192,749

  • 1f · All other contributions, gifts and grants

    $26,398,612

  • 1g · Noncash contributions included above

    $28,236,956

  • 2a · Program service revenue: POWER PURCHASE PROG HANDLING FEES

    total $1,086,640 · related or exempt $1,086,640

  • 2b · Program service revenue: AGENCY HANDLING FEES

    total $522,349 · related or exempt $522,349

  • 2c · Program service revenue: PRODUCTION INCOME

    total $489,805 · related or exempt $489,805

  • 3 · Investment income

    total $48,309 · excluded $48,309

  • 8a · Fundraising events: gross income

    $74,027

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

    $33,826

  • 8b · Fundraising events: direct expenses

    $74,027

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $307,694 · related or exempt $307,694

  • 11b · Other revenue: INVESTMENT INCOME

    total $3,425 · related or exempt $3,425

  • 11e · Other revenue, total

    $311,119

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $27,690,697 · program services $27,690,697

  • 7 · Other salaries and wages

    total $2,855,152 · program services $2,284,121 · management and general $571,031

  • 8 · Pension plan contributions

    total $51,644 · program services $41,316 · management and general $10,328

  • 10 · Payroll taxes

    total $203,682 · program services $162,946 · management and general $40,736

  • 11g · Fees: other

    total $391,842 · program services $325,711 · management and general $66,131

  • 12 · Advertising and promotion

    total $101,942 · program services $81,555 · management and general $20,387

  • 13 · Office expenses

    total $61,049 · program services $48,839 · management and general $12,210

  • 16 · Occupancy

    total $318,843 · program services $255,072 · management and general $63,771

  • 17 · Travel

    total $71,147 · program services $56,918 · management and general $14,229

  • 20 · Interest

    total $84,054 · program services $67,240 · management and general $16,814

  • 22 · Depreciation, depletion and amortization

    total $384,831 · program services $307,865 · management and general $76,966

  • 23 · Insurance

    total $505,170 · program services $404,137 · management and general $101,033

  • 24a · Other expenses: FOOD PURCHASES

    total $2,292,005 · program services $2,292,005

  • 24b · Other expenses: WAREHOUSE COSTS

    total $329,596 · program services $329,596

  • 24c · Other expenses: PRINTING AND BINDING

    total $161,893 · program services $129,514 · management and general $32,379

  • 24d · Other expenses: REPAIRS AND MAINTENANCE

    total $150,244 · program services $150,244

  • 24e · All other expenses

    total $530,912 · program services $459,019 · management and general $71,893

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,875,823 · end of year $8,086,925

  • 3 · Pledges and grants receivable

    beginning of year $1,018,914 · end of year $1,814,111

  • 4 · Accounts receivable

    beginning of year $129,987

  • 8 · Inventories for sale or use

    beginning of year $1,566,393 · end of year $1,506,709

  • 9 · Prepaid expenses and deferred charges

    beginning of year $44,218

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

    $8,977,671

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

    $4,662,496

  • 10c · Land, buildings and equipment, net

    beginning of year $3,974,773 · end of year $4,315,175

  • 12 · Investments: other securities

    beginning of year $336,241 · end of year $577,531

  • 15 · Other assets

    beginning of year $0 · end of year $565,253

  • 17 · Accounts payable and accrued expenses

    beginning of year $737,198 · end of year $612,388

  • 23 · Secured mortgages and notes payable

    beginning of year $1,963,859 · end of year $1,587,632

  • 25 · Other liabilities

    beginning of year $5,073 · end of year $500,913

  • 27 · Net assets without donor restrictions

    beginning of year $12,012,863 · end of year $14,164,771

  • 28 · Net assets with donor restrictions

    beginning of year $227,356 · end of year $0

Mission and programs · 2022

Mission

ALLEVIATE HUNGER BY COLLECTION & DISTRIBUTION OF DONATED FOOD & OTHER ESSENTIALS IN INDIAN RIVER, MARTIN, OKEECHOBEE & ST. LUCIE COUNTIES.

  • GENERAL FOOD /PRODUCT DISTRIBUTION: DIRECT SERVICES TO HELP CHILDREN, SENIORS, VETERANS, PETS, AND FAMILIES IN NEED. COLLECTION, WAREHOUSING AND DISTRIBUTION OF PRODUCT FROM LOCAL AND NATIONAL FOOD INDUSTRY DONORS, COMMUNITY FOOD DRIVES, AND PURCHASES TO NON-PROFIT AGENCIES WITH FEEDING AND/OR FOOD DISTRIBUTION PROGRAMS. ALL FOOD AND OTHER ESSENTIALS ARE PROVIDED TO PEOPLE AT NO COST.

    Expenses $19,979,282 · Grants $15,969,368 · Revenue $1,195,105

  • BENEFITS OUTREACH AND CLIENT SERVICES/CASE MANAGEMENT PROGRAM: A CLIENT INVTERVENTON PROGRAM THAT CONNECTS LOW-INCOME FAMILES WITH VITAL SERVICES TO HELP INCREASE THEIR HOUSEHOLD RESOURCES AND STABILIZE FINANCIAL VOLATILITY, NUTRITION, HEALTH AND WELLNESS EDUCATES FAMILES ON LOW COST HEALTHY FOOD CHOICES, EDUCATIONAL SEMINARS AND SESSIONS EMPOWER PEOPLE TO IMPROVE OVERALL HEALTH, LIFESTYLE AND WELLBEING.

    Expenses $14,664,560 · Grants $11,721,329 · Revenue $877,193

  • FOOD PRODUCTION KITCHEN PROGRAM: THE PROGRAM PROVIDES A 12-WEEK FOOD SERVICE TRAINING PROGRAM FOCUSED ON TECHNICAL, LIFE, AND EMPLOYMENT SKILLS IN THE FOOD SERVICE INDUSTRY. THE PROGRAM ALSO PROVIDES HOT MEALS FOR CHILDREN IN AFTER SCHOOL PROGRAMS, READY TO EAT PREPARED MEALS, SUMMER MEAL PROGRAM PROVIDES BREAKFAST, LUNCH AND SNACKS TO CHILDREN.

    Expenses $442,953 · Revenue $26,496

As filed on the 2022 return.

Listed in Part VII

  • Mitch Hall

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Peter J Tesch

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    3

  • Mark Satterlee

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Christine Kelly-Begazo

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Ed Skvarch

    PAST IMMEDIATE CHAIRMAN/PROFESSOR EMERITUS

    Total calculated
    $0
    Hours/week
    3

  • Major Petri Hayes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Dr Raja Talati

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Richard Tambone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • David Jackson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Scott Bass

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Judith Cruz

    CEO/PRESIDENT

    Total calculated
    $173,803
    From this org
    $163,190
    From related orgs
    $0
    Other
    $10,613
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,190
    Bonus
    $0
    Other
    $0
    Deferred
    $10,613
    Nontaxable benefits
    $0
    Filer's total
    $173,803

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

None.

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

  • CASA DE ALABANZA VENGA TU REINO

    $0

    TO DISTRIBUTE FOOD TO THE NEEDY

  • CHURCH OF GOD BY FAITH

    $0

    TO DISTRIBUTE FOOD TO THE NEEDY

  • FOR THE LOVE OF PAWS

    $0

    TO DISTRIBUTE FOOD TO THE NEEDY

  • GRACE UNITED METHODIST CHURCH - HAITIAN MISSION

    $0

    TO DISTRIBUTE FOOD TO THE NEEDY

  • OPERATION HOPE

    $0

    TO DISTRIBUTE FOOD TO THE NEEDY

  • OUR HOUSE NETWORK

    $0

    TO DISTRIBUTE FOOD TO THE NEEDY

  • PATHWAY CHURCH

    $0

    TO DISTRIBUTE FOOD TO THE NEEDY

  • ROSELAND ECUMENICAL FOOD PANTRY

    $0

    TO DISTRIBUTE FOOD TO THE NEEDY

  • SAINT HELEN CATHOLIC CHURCH

    $0

    TO DISTRIBUTE FOOD TO THE NEEDY

  • SALVATION ARMY - IRC

    $0

    TO DISTRIBUTE FOOD TO THE NEEDY

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

Provenance

Return type
form_990
Tax year
2022
Filed
21 December 2023
IRS schema version
2022v5.0
Source object
202323559349300337

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

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