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Nonprofiteer
← PALM BEACH COUNTY FOOD BANK INC

Form 990 for tax year 2023

Filed by PALM BEACH COUNTY FOOD BANK INC.

Totals

Total revenue
$39,302,978
Total expenses
$34,128,597
Contributions and grants received
$38,836,543
Grants paid
$27,743,766
Program service revenue
$0
Investment income
$424,391
Other revenue
$42,044
Total assets, end of year
$31,299,151
Total liabilities, end of year
$8,924,759
Net assets or fund balances, end of year
$22,374,392
Program services expenses (Part IX)
$32,861,852
Management and general expenses
$422,861
Fundraising expenses
$843,884
Program service expenses (Part III)
$32,861,852

Program services were 96.3% 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

    $4,029,461

  • 1c · Fundraising events

    $126,238

  • 1e · Government grants (contributions)

    $1,448,817

  • 1f · All other contributions, gifts and grants

    $33,232,027

  • 1g · Noncash contributions included above

    $28,530,442

  • 3 · Investment income

    total $416,088 · excluded $416,088

  • 7a · Gross sales of assets other than inventory

    securities $7,027,144

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

    securities $7,018,841

  • 7c · Gain or loss

    securities $8,303

  • 7d · Net gain or loss

    total $8,303 · excluded $8,303

  • 8a · Fundraising events: gross income

    $76,857

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

    $126,238

  • 8b · Fundraising events: direct expenses

    $34,813

  • 8c · Net income from fundraising events

    total $42,044 · excluded $42,044

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $26,167,974 · program services $26,167,974

  • 2 · Grants to domestic individuals

    total $1,575,792 · program services $1,575,792

  • 5 · Compensation of officers, directors and key employees

    total $373,197 · program services $149,279 · management and general $111,959 · fundraising $111,959

  • 7 · Other salaries and wages

    total $1,565,784 · program services $1,365,236 · management and general $90,177 · fundraising $110,371

  • 8 · Pension plan contributions

    total $55,450 · program services $48,612 · management and general $3,060 · fundraising $3,778

  • 9 · Other employee benefits

    total $285,022 · program services $233,357 · management and general $24,212 · fundraising $27,453

  • 10 · Payroll taxes

    total $146,663 · program services $115,690 · management and general $14,712 · fundraising $16,261

  • 11c · Fees: accounting

    total $31,500 · program services $24,848 · management and general $3,160 · fundraising $3,492

  • 11d · Fees: lobbying

    total $102,000 · program services $91,800 · management and general $5,100 · fundraising $5,100

  • 11f · Fees: investment management

    total $4,964 · management and general $4,964

  • 11g · Fees: other

    total $114,077 · program services $91,581 · management and general $10,685 · fundraising $11,811

  • 12 · Advertising and promotion

    total $155,857 · fundraising $155,857

  • 13 · Office expenses

    total $169,781 · program services $132,874 · management and general $17,531 · fundraising $19,376

  • 14 · Information technology

    total $134,474 · program services $106,076 · management and general $13,489 · fundraising $14,909

  • 16 · Occupancy

    total $473,748 · program services $405,204 · management and general $36,623 · fundraising $31,921

  • 17 · Travel

    total $11,172 · program services $8,812 · management and general $1,121 · fundraising $1,239

  • 19 · Conferences, conventions and meetings

    total $28,047 · program services $22,124 · management and general $2,813 · fundraising $3,110

  • 20 · Interest

    total $15,336 · program services $13,117 · management and general $1,186 · fundraising $1,033

  • 22 · Depreciation, depletion and amortization

    total $437,915 · program services $374,556 · management and general $33,852 · fundraising $29,507

  • 23 · Insurance

    total $207,585 · program services $183,502 · management and general $11,757 · fundraising $12,326

  • 24a · Other expenses: Truck, Freight and Fuel

    total $959,556 · program services $959,556

  • 24b · Other expenses: Lease Expense

    total $635,299 · program services $567,031 · management and general $36,460 · fundraising $31,808

  • 24c · Other expenses: Direct Mail and Public

    total $252,573 · fundraising $252,573

  • 24d · Other expenses: Warehouse Operating Exp

    total $200,718 · program services $200,718

  • 24e · All other expenses

    total $24,113 · program services $24,113

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,076,925 · end of year $896,595

  • 2 · Savings and temporary cash investments

    beginning of year $6,820,600 · end of year $3,729,986

  • 3 · Pledges and grants receivable

    beginning of year $2,581,397 · end of year $987,525

  • 8 · Inventories for sale or use

    beginning of year $915,128 · end of year $1,840,636

  • 9 · Prepaid expenses and deferred charges

    beginning of year $243,197 · end of year $101,055

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

    $14,048,160

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

    $1,302,289

  • 10c · Land, buildings and equipment, net

    beginning of year $6,320,578 · end of year $12,745,871

  • 11 · Investments: publicly traded securities

    end of year $3,048,568

  • 15 · Other assets

    beginning of year $8,069,467 · end of year $7,948,915

  • 17 · Accounts payable and accrued expenses

    beginning of year $263,396 · end of year $589,335

  • 25 · Other liabilities

    beginning of year $8,557,805 · end of year $8,335,424

  • 27 · Net assets without donor restrictions

    beginning of year $13,776,278 · end of year $18,444,297

  • 28 · Net assets with donor restrictions

    beginning of year $3,429,813 · end of year $3,930,095

Mission and programs · 2023

Mission

The Palm Beach County Food Bank is dedicated to fighting hunger and improving food security in Palm Beach County by providing food, nutrition education and financial assistance services.

Activities or mission (Part I)

Together, we nourish our neighbors and improve their lives one meal at a time.

  • Established in 2012, The Palm Beach County Food Bank, inc. (the "Food Bank") is committed to fighting hunger and improving food security in Palm Beach County by partnering with local organizations. The Food Bank collects, recovers, purchases, and distributes food to food pantries, soup kitchens, shelters, and other non-profit organizations in Palm Beach County at no cost. During the fiscal year ending June 30, 2024, the Food Bank distributed over 15 million pounds of food through five programs, serving more than 200 organizations that help address food insecurity in the county. In addition, the Childhood Hunger Initiatives program distributed food packs for the weekend to over 5,000 children at 62 partner agencies throughout the year, resulting in a total of 150,963 bags of nutritious, shelf-stable food, equivalent to almost 1.3 million meals for children. The Pop-Up Farmers Market Program served approximately 500 unduplicated low-income, food-insecure households with a weekly produce box and nutrition information to help increase their intake of fresh vegetables and fruits. Groceries for Seniors supplemented seniors' weekly groceries by providing them with bi-weekly groceries. The Benefits Outreach program helped over 8,500 individuals with their SNAP applications, generating over $4.7 million of federal food benefit assistance revenue for the local economy.The Food Bank collects, recovers, purchases, and distributes food to food pantries, soup kitchens, shelters, schools, and other non-profit organizations in Palm Beach County. We are a locally led and governed food bank in Palm Beach County that distributes food to partner agencies at no cost. Serving one of the largest counties in Florida from Tequesta to Boca Raton, Belle Glade, and Pahokee to the Coast, the Food Bank successfully operates five programs:Partner Marketplace - distributes food to its partner agencies on the front line of hunger relief. Our refrigerated trucks pick up and receive donations of food from local farmers, distributors, and retailers. The food is brought to our refrigerated warehouse and sorted by volunteers.Childhood Hunger Initiatives (CHI) Weekend Food for Kids, Lois' Food4Kids, and School Pantries - provide school-age children who are on free/reduced-price lunch and their families with nutritious, easy-to-prepare food for the weekends. CHI gives families the opportunity to supplement their food budgets and complements meals provided by schools during the school week by providing an additional food resource.The Pop-Up Farmers Market - a direct-distribution program focusing on getting healthy produce into our communities' food deserts. Biweekly, we deliver boxes and recipe cards to those communities to supplement their groceries and expose them to healthier eating. Groceries for Seniors - partners with senior-centric community organizations to provide low-income seniors (+55) with a biweekly grocery bag of nutritious shelf-stable food and recipe cards to supplement their groceries.The Benefits Outreach Program - assists individuals and families with applying for the Supplemental Nutrition Assistance Program (SNAP), Medicaid, and Cash Assistance free of charge. We are one of only four organizations in Florida that provide the Department of Children & Families required federal food relief interview. The interview is conducted during a meeting with one of our benefits specialist, who speak English, Spanish & Haitian Creole

    Expenses $32,861,852 · Grants $27,743,766

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Marti LaTour

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • Mark Busse

    Director

    Total calculated
    $0
    Hours/week
    1

  • James Greco

    Vice Chairman

    Total calculated
    $0
    Hours/week
    1

  • Bob O'Connell

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Susan Rabinowitz

    Director

    Total calculated
    $0
    Hours/week
    1

  • Deborah Pucillo

    Vice Chairman

    Total calculated
    $0
    Hours/week
    1

  • John Fumero

    Director

    Total calculated
    $0
    Hours/week
    1

  • Laura Russell

    Director

    Total calculated
    $0
    Hours/week
    1

  • Nancy Bolton

    Vice Chairman

    Total calculated
    $0
    Hours/week
    1

  • Dorian Daggs

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Stephen Basore

    Director

    Total calculated
    $0
    Hours/week
    1

  • Billy Himmelrich

    Director

    Total calculated
    $0
    Hours/week
    1

  • Joe Kyles

    Director

    Total calculated
    $0
    Hours/week
    1

  • Eileen Acello

    Director

    Total calculated
    $0
    Hours/week
    1

  • Julie Daum

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jamie Kendall

    CEO

    Total calculated
    $211,396
    From this org
    $197,029
    From related orgs
    $0
    Other
    $14,367
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,029
    Bonus
    $0
    Other
    $0
    Deferred
    $5,667
    Nontaxable benefits
    $8,700
    Filer's total
    $211,396

  • Michael Groover

    CFO

    Total calculated
    $139,806
    From this org
    $123,322
    From related orgs
    $0
    Other
    $16,484
    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 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

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

Provenance

Return type
form_990
Tax year
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202501339349303000

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