Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $69,717

• 1e · Government grants (contributions)

  $3,551,467

• 1f · All other contributions, gifts and grants

  $10,269,059

• 1g · Noncash contributions included above

  $10,891,138

• 2a · Program service revenue: SHARED MAINTENANCE FEES

  total $216,964 · related or exempt $216,964

• 2b · Program service revenue: DELIVERY CHARGES

  total $2,066 · related or exempt $2,066

• 2c · Program service revenue: AGENCY CONFERENCES

  total $1,650 · related or exempt $1,650

• 3 · Investment income

  total $328,073 · excluded $328,073

• 7a · Gross sales of assets other than inventory

  securities $137,953

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

  securities $1

• 7c · Gain or loss

  securities $137,952

• 7d · Net gain or loss

  total $137,952 · excluded $137,952

• 8a · Fundraising events: gross income

  $7,062

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

  $69,717

• 8b · Fundraising events: direct expenses

  $38,466

• 8c · Net income from fundraising events

  total -$31,404 · excluded -$31,404

• 11a · Other revenue: MISCELLANEOUS

  total $35,431 · related or exempt $35,431

• 11b · Other revenue: CREDIT CARD FEE INCOME

  total $2,015 · related or exempt $2,015

• 11e · Other revenue, total

  $37,446

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $513,742 · program services $462,368 · management and general $25,687 · fundraising $25,687

• 8 · Pension plan contributions

  total $38,292 · program services $28,769 · management and general $8,009 · fundraising $1,514

• 9 · Other employee benefits

  total $42,359 · program services $31,824 · management and general $8,860 · fundraising $1,675

• 10 · Payroll taxes

  total $59,560 · program services $44,748 · management and general $12,457 · fundraising $2,355

• 11a · Fees: management

  total $327,071 · program services $228,950 · management and general $81,768 · fundraising $16,353

• 11c · Fees: accounting

  total $56,989 · management and general $8,548 · fundraising $48,441

• 11g · Fees: other

  total $349,110 · management and general $317,707 · fundraising $31,403

• 12 · Advertising and promotion

  total $178,922 · fundraising $178,922

• 13 · Office expenses

  total $26,277 · management and general $26,277

• 16 · Occupancy

  total $252,871 · program services $222,971 · management and general $29,900

• 20 · Interest

  total $5,707 · management and general $5,707

• 22 · Depreciation, depletion and amortization

  total $225,996 · program services $203,396 · management and general $22,600

• 23 · Insurance

  total $62,929 · program services $56,635 · management and general $6,294

• 24a · Other expenses: FOOD EXPENSE

  total $11,290,977 · program services $11,290,977

• 24b · Other expenses: MISCELLANEOUS EXPENSE

  total $138,109 · program services $1,119 · management and general $136,990

• 24c · Other expenses: TRANSPORTATION

  total $108,823 · program services $108,823

• 24d · Other expenses: GRANT COSTS

  total $28,615 · program services $28,615

• 24e · All other expenses

  total $29,462 · program services $4,699 · management and general $24,763

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,004,154 · end of year $1,731,277

• 2 · Savings and temporary cash investments

  beginning of year $2,662,028 · end of year $1,643,703

• 3 · Pledges and grants receivable

  beginning of year $111,274 · end of year $132,217

• 4 · Accounts receivable

  beginning of year $165,435 · end of year $186,859

• 7 · Other notes and loans receivable

  beginning of year $13,500 · end of year $13,500

• 8 · Inventories for sale or use

  beginning of year $2,089,326 · end of year $1,668,722

• 9 · Prepaid expenses and deferred charges

  beginning of year $175,678 · end of year $259,936

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

  $3,543,017

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

  $1,725,562

• 10c · Land, buildings and equipment, net

  beginning of year $1,820,830 · end of year $1,817,455

• 11 · Investments: publicly traded securities

  beginning of year $6,534,470 · end of year $8,623,560

• 15 · Other assets

  beginning of year $146,338 · end of year $146,338

• 17 · Accounts payable and accrued expenses

  beginning of year $141,320 · end of year $77,666

• 18 · Grants payable

  end of year $1,611

• 27 · Net assets without donor restrictions

  beginning of year $14,522,893 · end of year $16,085,470

• 28 · Net assets with donor restrictions

  beginning of year $58,820 · end of year $58,820

The filer's explanations (Part III)

PART III - OTHER ADDITIONAL INFORMATION

THE COMPENSATION AND BENEFITS PAID TO PRESIDENT AND CEO IS BILLED TO THE ORGANIZATION THROUGH MANAGEMENT FEES PAID TO SECOND HARVEST COMMUNITY SERVICES.