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Nonprofiteer
← FEEDING THE GULF COAST

Form 990 for tax year 2023

Filed by FEEDING THE GULF COAST.

Totals

Total revenue
$57,547,471
Total expenses
$56,410,333
Contributions and grants received
$53,363,766
Grants paid
$42,473,679
Program service revenue
$3,473,585
Investment income
$684,588
Other revenue
$25,532
Total assets, end of year
$29,414,558
Total liabilities, end of year
$502,226
Net assets or fund balances, end of year
$28,912,332
Program services expenses (Part IX)
$54,539,615
Management and general expenses
$660,918
Fundraising expenses
$1,209,800
Program service expenses (Part III)
$54,539,615

Program services were 96.7% 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

    $19,034

  • 1c · Fundraising events

    $85,900

  • 1e · Government grants (contributions)

    $17,480,252

  • 1f · All other contributions, gifts and grants

    $35,778,580

  • 1g · Noncash contributions included above

    $42,925,393

  • 2a · Program service revenue: Shared maintenance

    total $3,434,084 · related or exempt $3,434,084

  • 2b · Program service revenue: Membership fees

    total $39,501 · related or exempt $39,501

  • 3 · Investment income

    total $671,225 · related or exempt $671,225

  • 7a · Gross sales of assets other than inventory

    securities $28,134

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

    other assets $14,771

  • 7c · Gain or loss

    securities $28,134 · other assets -$14,771

  • 7d · Net gain or loss

    total $13,363 · related or exempt $13,363

  • 8a · Fundraising events: gross income

    $14,539

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

    $85,900

  • 8b · Fundraising events: direct expenses

    $26,982

  • 8c · Net income from fundraising events

    total -$12,443 · excluded -$12,443

  • 11a · Other revenue: Other income

    total $37,975 · related or exempt $37,975

  • 11e · Other revenue, total

    $37,975

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $42,473,679 · program services $42,473,679

  • 5 · Compensation of officers, directors and key employees

    total $174,674 · management and general $174,674

  • 7 · Other salaries and wages

    total $3,292,868 · program services $2,577,382 · management and general $230,661 · fundraising $484,825

  • 8 · Pension plan contributions

    total $79,642 · program services $49,946 · management and general $14,636 · fundraising $15,060

  • 9 · Other employee benefits

    total $421,352 · program services $338,021 · management and general $29,948 · fundraising $53,383

  • 10 · Payroll taxes

    total $255,626 · program services $190,037 · management and general $30,260 · fundraising $35,329

  • 11b · Fees: legal

    total $975 · management and general $975

  • 11c · Fees: accounting

    total $37,675 · management and general $37,675

  • 11e · Fees: professional fundraising services

    total $369,269 · fundraising $369,269

  • 11g · Fees: other

    total $91,370 · program services $65,316 · management and general $26,054

  • 12 · Advertising and promotion

    total $334,976 · program services $193,811 · management and general $51 · fundraising $141,114

  • 13 · Office expenses

    total $228,775 · program services $177,051 · management and general $29,262 · fundraising $22,462

  • 14 · Information technology

    total $228,470 · program services $165,972 · management and general $470 · fundraising $62,028

  • 16 · Occupancy

    total $477,960 · program services $477,473 · fundraising $487

  • 17 · Travel

    total $2,324 · program services $2,261 · fundraising $63

  • 19 · Conferences, conventions and meetings

    total $79,066 · program services $57,983 · management and general -$275 · fundraising $21,358

  • 22 · Depreciation, depletion and amortization

    total $466,390 · program services $435,213 · management and general $31,177

  • 23 · Insurance

    total $319,605 · program services $305,362 · management and general $14,243

  • 24a · Other expenses: Equipment rental

    total $134,868 · program services $134,868

  • 24b · Other expenses: Food procurement and freight

    total $6,224,018 · program services $6,224,018

  • 24c · Other expenses: Truck repairs gas and oil

    total $387,945 · program services $386,845 · management and general $463 · fundraising $637

  • 24d · Other expenses: Grant expenses and other

    total $328,806 · program services $284,377 · management and general $40,644 · fundraising $3,785

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,722,662 · end of year $1,827,998

  • 3 · Pledges and grants receivable

    beginning of year $563,483 · end of year $1,217,015

  • 4 · Accounts receivable

    beginning of year $115,461 · end of year $74,530

  • 8 · Inventories for sale or use

    beginning of year $2,454,205 · end of year $2,991,828

  • 9 · Prepaid expenses and deferred charges

    beginning of year $59,046 · end of year $84,434

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

    $10,493,295

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

    $4,805,209

  • 10c · Land, buildings and equipment, net

    beginning of year $5,676,873 · end of year $5,688,086

  • 11 · Investments: publicly traded securities

    beginning of year $16,463,146 · end of year $17,530,667

  • 17 · Accounts payable and accrued expenses

    beginning of year $553,603 · end of year $446,950

  • 18 · Grants payable

    beginning of year $120,118 · end of year $55,276

  • 27 · Net assets without donor restrictions

    beginning of year $25,338,166 · end of year $26,707,421

  • 28 · Net assets with donor restrictions

    beginning of year $2,042,989 · end of year $2,204,911

Mission and programs · 2023

Mission

The Organization is a tax-exempt food distribution center committed to providing nutritionally balanced food for hungry people in 24 counties in Alabama, Florida and Mississippi.

  • Feeding the Gulf Coast provides emergency food assistance to 24 counties in Alabama, Florida and Mississippi by distributing food through a network of more than 600 food pantries, soup kitchens, shelters and programs. The food distributed is donated, purchased or received from federal programs.

    Expenses $54,539,615 · Revenue $3,473,585

As filed on the 2023 return.

Listed in Part VII

  • Michael Ledger

    President CEO

    Total calculated
    $170,706
    From this org
    $163,079
    From related orgs
    $0
    Other
    $7,627
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,079
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $7,627
    Filer's total
    $170,706
  • John Merting

    Director

    Total calculated
    $0
    Hours/week
    2
  • Errol Crook

    Director

    Total calculated
    $0
    Hours/week
    2
  • Lee Teumer

    Director

    Total calculated
    $0
    Hours/week
    2
  • Alec Naman

    Director

    Total calculated
    $0
    Hours/week
    2
  • Les Buerger

    Director

    Total calculated
    $0
    Hours/week
    2
  • Danielle Clay-MaGee

    Director

    Total calculated
    $0
    Hours/week
    2
  • Barbara Peters

    Director

    Total calculated
    $0
    Hours/week
    2
  • Ricardo Woods

    Director

    Total calculated
    $0
    Hours/week
    2
  • Dorothy Shaw

    Director

    Total calculated
    $0
    Hours/week
    2
  • Rachel Holland

    Director

    Total calculated
    $0
    Hours/week
    2
  • Debbie Floyd

    Director

    Total calculated
    $0
    Hours/week
    2
  • Jorge Cancel

    Director

    Total calculated
    $0
    Hours/week
    2
  • Valerie James

    Director

    Total calculated
    $0
    Hours/week
    2
  • Willson McClelland

    Director

    Total calculated
    $0
    Hours/week
    2
  • Rufus Hudson

    Director

    Total calculated
    $0
    Hours/week
    2
  • Derrick Williams

    Secretary

    Total calculated
    $0
    Hours/week
    5
  • Michael Holland

    Chair

    Total calculated
    $0
    Hours/week
    5
  • Doug Whitmore

    Past Chair

    Total calculated
    $0
    Hours/week
    5
  • Michael Hollis

    Treasurer

    Total calculated
    $0
    Hours/week
    5
  • Chad Brown

    Vice Chair

    Total calculated
    $0
    Hours/week
    5

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

  • 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

  • Food Bank Member Agencies

    no cash amount reported

    Fight Hunger

Provenance

Return type
form_990
Tax year
2023
Filed
26 April 2023
IRS schema version
2023v5.0
Source object
202431229349302498

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