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Nonprofiteer
← MONTGOMERY COUNTY FOOD BANK INC

Form 990 for tax year 2023

Filed by MONTGOMERY COUNTY FOOD BANK INC.

Totals

Total revenue
$38,471,512
Total expenses
$35,334,992
Contributions and grants received
$37,533,353
Grants paid
$31,166,799
Program service revenue
$564,186
Investment income
$230,101
Other revenue
$143,872
Total assets, end of year
$17,342,822
Total liabilities, end of year
$863,290
Net assets or fund balances, end of year
$16,479,532
Program services expenses (Part IX)
$33,905,675
Management and general expenses
$745,650
Fundraising expenses
$683,667
Program service expenses (Part III)
$33,905,675

Program services were 96.0% 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

    $928,740

  • 1e · Government grants (contributions)

    $205,004

  • 1f · All other contributions, gifts and grants

    $36,399,609

  • 1g · Noncash contributions included above

    $30,415,658

  • 2a · Program service revenue: FOOD SALES

    total $564,186 · related or exempt $564,186

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $230,101 · excluded $230,101

  • 6a · Gross rents

    real property $4,428

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $4,428 · personal property $0

  • 6d · Net rental income or loss

    total $4,428 · excluded $4,428

  • 7a · Gross sales of assets other than inventory

    securities $4,210,937

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

    securities $4,210,937

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0 · excluded $0

  • 8a · Fundraising events: gross income

    $309,580

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

    $928,740

  • 8b · Fundraising events: direct expenses

    $170,136

  • 8c · Net income from fundraising events

    total $139,444 · excluded $139,444

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $31,116,634 · program services $31,116,634

  • 2 · Grants to domestic individuals

    total $50,165 · program services $50,165

  • 5 · Compensation of officers, directors and key employees

    total $148,846 · program services $96,820 · management and general $31,431 · fundraising $20,595

  • 7 · Other salaries and wages

    total $1,985,171 · program services $1,291,298 · management and general $419,200 · fundraising $274,673

  • 10 · Payroll taxes

    total $160,942 · program services $100,864 · management and general $34,707 · fundraising $25,371

  • 11c · Fees: accounting

    total $50,757 · management and general $50,757

  • 11e · Fees: professional fundraising services

    total $243,773 · fundraising $243,773

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $45,791 · management and general $45,791

  • 14 · Information technology

    total $76,831 · program services $48,151 · management and general $16,568 · fundraising $12,112

  • 16 · Occupancy

    total $151,314 · program services $146,074 · management and general $3,427 · fundraising $1,813

  • 17 · Travel

    total $11,169 · program services $10,869 · management and general $300

  • 20 · Interest

    total $17,136 · program services $16,361 · management and general $507 · fundraising $268

  • 22 · Depreciation, depletion and amortization

    total $359,215 · program services $359,215 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $344,330 · program services $248,121 · management and general $55,920 · fundraising $40,289

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $219,657 · program services $217,232 · management and general $1,586 · fundraising $839

  • 24b · Other expenses: donor engagement & other fundraising expenses

    total $50,356 · program services $0 · management and general $0 · fundraising $50,356

  • 24e · All other expenses

    total $302,905 · program services $203,871 · management and general $85,456 · fundraising $13,578

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,715,101 · end of year $5,201,917

  • 2 · Savings and temporary cash investments

    beginning of year $563,313 · end of year $5,215

  • 4 · Accounts receivable

    beginning of year $130,477 · end of year $870,346

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $2,107,493 · end of year $2,352,399

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,154 · end of year $0

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

    $9,414,682

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

    $3,700,385

  • 10c · Land, buildings and equipment, net

    beginning of year $5,147,511 · end of year $5,714,297

  • 11 · Investments: publicly traded securities

    beginning of year $2,504,673 · end of year $3,198,648

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $35,716 · end of year $323,783

  • 19 · Deferred revenue

    beginning of year $330,004 · end of year $125,000

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $439,900 · end of year $315,696

  • 25 · Other liabilities

    beginning of year $57,081 · end of year $98,811

  • 27 · Net assets without donor restrictions

    beginning of year $13,195,065 · end of year $16,085,666

  • 28 · Net assets with donor restrictions

    beginning of year $115,956 · end of year $393,866

Mission and programs · 2023

Mission

The mission of Montgomery County Food Bank is "uniting the community" to fight hunger. The Food Bank is a nonprofit hunger relief organization that receives nutritious food and distributes to hungry children, seniors, and families through a network of partner agencies.

Activities or mission (Part I)

The mission of Montgomery County Food Bank is uniting the community to fight hunger.

  • The vision of Montgomery County Food Bank is a community where everyone has access to sufficient, nutritious food. Through its network of more than 80 partner agencies, independent school districts, and mobile market programs, Montgomery County Food Bank served an average of over 84,000 client contacts each month and distributed over 9 million meals during the 2023-24 fiscal year. Additionally, Montgomery County Food Bank works in partnership with local food retailers and wholesalers to provide a solution to food waste BY RESCUING FRESH PRODUCE THAT WOULD OTHERWISE GO TO THE LANDFILL. AS PART OF ITS GREEN INITIATIVES PROGRAM, THE FOOD BANK OPERATES AN ONSITE PRODUCE RESCUE CENTER THAT ALLOWS THE ORGANIZATION TO DISTRIBUTE FRESH FRUITS AND VEGETABLES, EMPHASIZING THE IMPORTANCE OF SUSTAINABILITY AND HEALTHY FOOD CHOICES. In the Fiscal Year 2023-24, MCFB Program Service Accomplishments: Provided 300,267 meals to children through our Backpack Buddy Program and School Pantries, over 216,194 meals with our Senior Food Assistance Program and coordinated 252 drive through Mobile Food Distributions in addition to supplying food to our Partner Pantries.

    Expenses $33,905,675 · Grants $31,166,799 · Revenue $564,186

As filed on the 2023 return.

Listed in Part VII

  • Edmund Robb

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Jim Carman

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Jim Wolf

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • Kathy Pepper

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Andrew Paur

    DIRECTOR (BEG. NOV 2023)

    Total calculated
    $0
    Hours/week
    2

  • Danielle Scheiner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Ann Snyder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Curtis Null

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Stephen Popp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • George Waggoner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Justin Kendrick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Krystle Riley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Liz Colvin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Michael Hancock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sean Meredith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Shannon Barrett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Victor Nivens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Wade Rogers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kristine M Marlow

    PRESIDENT & CEO

    Total calculated
    $161,068
    From this org
    $148,846
    From related orgs
    $0
    Other
    $12,222
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,846
    Bonus
    $20,000
    Other
    $0
    Deferred
    $4,465
    Nontaxable benefits
    $7,757
    Filer's total
    $161,068

  • John M Kreger

    DIRECTOR OF SOURCING AND SUSTAINABILITY

    Total calculated
    $104,293
    From this org
    $88,003
    From related orgs
    $0
    Other
    $16,290
    Hours/week
    40

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 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 7 Non-fixed payments
To retain key talent, the Montgomery County Food Bank has established an incentive plan for its President/CEO. This plan includes provisions for additional compensation based on specific criteria or performance thresholds, ensuring leadership continuity.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
27 March 2025
IRS schema version
2023v6.0
Source object
202520869349301662

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

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