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Nonprofiteer
← MISSISSIPPI FOOD NETWORK INC

Form 990 for tax year 2024

Filed by MISSISSIPPI FOOD NETWORK INC.

Totals

Total revenue
$41,912,037
Total expenses
$44,194,877
Contributions and grants received
$41,023,215
Grants paid
$36,655,486
Program service revenue
$84,018
Investment income
$584,967
Other revenue
$219,837
Total assets, end of year
$19,077,921
Total liabilities, end of year
$377,334
Net assets or fund balances, end of year
$18,700,587
Program services expenses (Part IX)
$41,580,800
Management and general expenses
$1,457,270
Fundraising expenses
$1,156,807
Program service expenses (Part III)
$41,580,800

Program services were 94.1% 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

    $3,984

  • 1e · Government grants (contributions)

    $5,020,283

  • 1f · All other contributions, gifts and grants

    $35,998,948

  • 1g · Noncash contributions included above

    $32,927,516

  • 2a · Program service revenue: SHARED MAINTENANCE FEES

    total $53,022 · related or exempt $53,022

  • 2b · Program service revenue: FOOD PURCHASES REVENUE

    total $30,996 · related or exempt $30,996

  • 3 · Investment income

    total $317,191 · excluded $317,191

  • 7a · Gross sales of assets other than inventory

    securities $7,904,658

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

    securities $7,580,490 · other assets $56,392

  • 7c · Gain or loss

    securities $324,168 · other assets -$56,392

  • 7d · Net gain or loss

    total $267,776 · excluded $267,776

  • 8a · Fundraising events: gross income

    $16,817

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

    $3,984

  • 8b · Fundraising events: direct expenses

    $16,817

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: INSURANCE PROCEEDS

    total $207,691 · related or exempt $207,691

  • 11b · Other revenue: MISCELLANEOUS REVENUE

    total $12,146 · related or exempt $12,146

  • 11e · Other revenue, total

    $219,837

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $36,655,486 · program services $36,655,486

  • 5 · Compensation of officers, directors and key employees

    total $308,410 · program services $231,308 · management and general $43,177 · fundraising $33,925

  • 7 · Other salaries and wages

    total $2,108,779 · program services $1,581,584 · management and general $295,229 · fundraising $231,966

  • 9 · Other employee benefits

    total $678,495 · program services $508,871 · management and general $94,989 · fundraising $74,635

  • 10 · Payroll taxes

    total $179,463 · program services $134,597 · management and general $25,125 · fundraising $19,741

  • 11c · Fees: accounting

    total $82,517 · management and general $82,517

  • 11f · Fees: investment management

    total $51,202 · management and general $51,202

  • 11g · Fees: other

    total $779,139 · program services $256,662 · management and general $522,477

  • 13 · Office expenses

    total $276,593 · program services $177,450 · management and general $75,792 · fundraising $23,351

  • 14 · Information technology

    total $111,474 · program services $83,606 · management and general $15,606 · fundraising $12,262

  • 16 · Occupancy

    total $171,190 · program services $128,393 · management and general $23,966 · fundraising $18,831

  • 17 · Travel

    total $158,923 · program services $119,192 · management and general $39,731

  • 22 · Depreciation, depletion and amortization

    total $511,769 · program services $383,827 · management and general $71,647 · fundraising $56,295

  • 23 · Insurance

    total $141,658 · program services $106,244 · management and general $19,832 · fundraising $15,582

  • 24a · Other expenses: PROGRAM EXPENSES

    total $850,498 · program services $799,156 · management and general $28,752 · fundraising $22,590

  • 24b · Other expenses: PUBLIC SOLICITATION

    total $647,629 · fundraising $647,629

  • 24c · Other expenses: VEHICLE, FREIGHT AND EQ

    total $414,424 · program services $414,424

  • 24d · Other expenses: RETURN OF GRANT FUNDS

    total $67,228 · management and general $67,228

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,931,142 · end of year $766,147

  • 2 · Savings and temporary cash investments

    beginning of year $775,511 · end of year $808,589

  • 3 · Pledges and grants receivable

    beginning of year $603,047 · end of year $461,098

  • 4 · Accounts receivable

    beginning of year $47,347 · end of year $33,188

  • 8 · Inventories for sale or use

    beginning of year $3,031,195 · end of year $1,649,587

  • 9 · Prepaid expenses and deferred charges

    beginning of year $71,584 · end of year $80,862

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

    $9,423,083

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

    $4,410,305

  • 10c · Land, buildings and equipment, net

    beginning of year $3,425,353 · end of year $5,012,778

  • 11 · Investments: publicly traded securities

    beginning of year $9,806,922 · end of year $10,265,672

  • 17 · Accounts payable and accrued expenses

    beginning of year $465,599 · end of year $323,059

  • 19 · Deferred revenue

    beginning of year $59,194 · end of year $54,275

  • 27 · Net assets without donor restrictions

    beginning of year $16,335,003 · end of year $15,074,601

  • 28 · Net assets with donor restrictions

    beginning of year $3,832,305 · end of year $3,625,986

Mission and programs · 2024

Mission

TO RELIEVE POVERTY-RELATED HUNGER BY DISTRIBUTING DONATED AND PURCHASED FOOD AND GROCERY PRODUCTS THROUGH A NETWORK OF MEMBER CHURCHES AND NONPROFIT ORGANIZATIONS; TO PROVIDE NUTRITION EDUCATION TO THE NEEDY; AND TO EMPHASIZE ADVOCACY AND RELATED NEEDS.

Activities or mission (Part I)

TO RELIEVE POVERTY-RELATED HUNGER BY DISTRIBUTING DONATED AND PURCHASED FOOD AND GROCERIES.

  • MISSISSIPPI FOOD NETWORK PROVIDED OVER 22.7 MILLION MEALS TO MORE THAN 1.8 MILLION FAMILIES AND INDIVIDUALS FACING FOOD INSECURITY.THESE MEALS WERE DISTRIBUTED THROUGH A NETWORK OF PARTNER ORGANIZATIONS, INCLUDING FOOD PANTRIES, SOUP KITCHENS, CHILD NUTRITION PROGRAMS, AND SENIOR FOOD BOX INITIATIVES. EACH PARTNER PLAYS A VITAL ROLE IN DELIVERING FOOD DIRECTLY TO THOSE IN NEED ENSURING THE FINAL MILE OF DISTRIBUTION REACHES COMMUNITIES ACROSS MISSISSIPPI.WE PRIORITIZE FRESH PRODUCE LOCALLY SOURCED WHENEVER POSSIBLE AND ARE COMMITTED TO RESCUING RETAIL FOOD. IN FACT, MORE THAN 6.8 MILLION POUNDS OF FOOD WERE DONATED BY GROCERY STORES AND RETAIL OUTLETS THROUGH OUR FOOD RECOVERY EFFORTS.TOGETHER, WE'RE NOURISHING MISSISSIPPI.

    Expenses $41,580,800 · Grants $36,655,486 · Revenue $303,855

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Andrew Wilson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bilal Qizilbash

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Caroline Wright

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Donnell Lewis

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Faith Hadley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gary Keeler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Keith Young

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Kent M Bloodworth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kristina Phillips

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lauren Engle

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Matt Williamson

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Michael Walker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Molly M Macwade

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Phillip H Lucas

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Pieter Teeuwissen

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Ron Taylor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Russell Morrison

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ryan Upshaw

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ted Kendall IV

    IMMEDIATE PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Trisha Richardson

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Vaughn Gresham

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brett Schutt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Sorgi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Cassandra Mobley

    INTERIM CEO/COO

    Total calculated
    $106,765
    From this org
    $89,269
    From related orgs
    $0
    Other
    $17,496
    Hours/week
    40
  • Charles H Beady Jr Thru 6302025

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $143,462
    From this org
    $124,721
    From related orgs
    $0
    Other
    $18,741
    Hours/week
    40
  • Theodora Rowan

    CHIEF FINANCIAL OFFICER

    Total calculated
    $106,638
    From this org
    $89,255
    From related orgs
    $0
    Other
    $17,383
    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.

Grants on this return

  • TO PROVIDE, WITHOUT CHARGE, FOOD TO HOMELESS, ELDERLY, HANDICAPPED, MENTALLY ILL, BATTERED, POOR OR OTHERWISE NEEDY MEN, WOMEN AND CHILDREN.

  • ALTA WOODS UMC

    $0

    TO PROVIDE, WITHOUT CHARGE, FOOD TO HOMELESS, ELDERLY, HANDICAPPED, MENTALLY ILL, BATTERED, POOR OR OTHERWISE NEEDY MEN, WOMEN AND CHILDREN.

  • AMITE RIVER BAPTIST ASSN

    $0

    TO PROVIDE, WITHOUT CHARGE, FOOD TO HOMELESS, ELDERLY, HANDICAPPED, MENTALLY ILL, BATTERED, POOR OR OTHERWISE NEEDY MEN, WOMEN AND CHILDREN.

  • ANDERSON UNITED METHODIST CHUR

    $0

    TO PROVIDE, WITHOUT CHARGE, FOOD TO HOMELESS, ELDERLY, HANDICAPPED, MENTALLY ILL, BATTERED, POOR OR OTHERWISE NEEDY MEN, WOMEN AND CHILDREN.

  • ANGUILA METHODIST CHURC

    $0

    TO PROVIDE, WITHOUT CHARGE, FOOD TO HOMELESS, ELDERLY, HANDICAPPED, MENTALLY ILL, BATTERED, POOR OR OTHERWISE NEEDY MEN, WOMEN AND CHILDREN.

  • ASU WESLEY FOOD PANTRY

    $0

    TO PROVIDE, WITHOUT CHARGE, FOOD TO HOMELESS, ELDERLY, HANDICAPPED, MENTALLY ILL, BATTERED, POOR OR OTHERWISE NEEDY MEN, WOMEN AND CHILDREN.

  • BEREAN SEVENTH DAY ADVENTIST

    $0

    TO PROVIDE, WITHOUT CHARGE, FOOD TO HOMELESS, ELDERLY, HANDICAPPED, MENTALLY ILL, BATTERED, POOR OR OTHERWISE NEEDY MEN, WOMEN AND CHILDREN.

  • BETHEL AME CHURCH

    $0

    TO PROVIDE, WITHOUT CHARGE, FOOD TO HOMELESS, ELDERLY, HANDICAPPED, MENTALLY ILL, BATTERED, POOR OR OTHERWISE NEEDY MEN, WOMEN AND CHILDREN.

  • BETHLEHEM BAPTIST CHFOODPAN

    $0

    TO PROVIDE, WITHOUT CHARGE, FOOD TO HOMELESS, ELDERLY, HANDICAPPED, MENTALLY ILL, BATTERED, POOR OR OTHERWISE NEEDY MEN, WOMEN AND CHILDREN.

  • BETHLEHEM MB CHURCH

    $0

    TO PROVIDE, WITHOUT CHARGE, FOOD TO HOMELESS, ELDERLY, HANDICAPPED, MENTALLY ILL, BATTERED, POOR OR OTHERWISE NEEDY MEN, WOMEN AND CHILDREN.

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

Provenance

Return type
form_990
Tax year
2024
Filed
18 March 2026
IRS schema version
2024v5.5
Source object
202610849349300331

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

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